What is the incentive for Certified Partners to create and issue PropTokens?
Searching for CRE properties and creating deals is hard work that requires local expertise and field operations. Therefore experts in the local real estate markets need to have a strong incentive to engage and tokenise CRE assets.
Deploying PropToken smart contracts assigns the Certified Partner with the contract owner status and awards it a 0.3% fee. This fee is collected at each future transaction of the PropToken in question after a PropToken Generation Event successfully distributes BSPT tokens to First Buyers.
The transaction fee is paid in BSPT to the issuer’s specified Ethereum account.