Tokenization

Real estate tokenization provides the opportunity to trade 24/7. In the real world, you need to find a buyer for your rights in order to sell them. JovJou uses a two-tier tokenization, to provide constant liquidity.

The object consists of tokens such as JJ000.. and NFT.

• For each object, a JJ000... token is minted at a ratio of 1m² : 1000 JJ000.. : 1 NFT.

• Concentrated liquidity is created on UNISWAP V3 - JovJou/JJ000.. Liquidity is calculated in $ based on the current value of JovJou at the time of pool creation.

• The existence of 1000 JJ000.. gives only speculative rights designed for real estate growth. To get real rights, you need to convert JJ000.. tokens to NFT.

• To get NFT, you need to go through KYC with a legal partner, having JJ000.. multiples of m² tokens beforehand. You will be provided with all documents and draw up a real world contract for corporate rights.

• Only users who have confirmed ownership with NFT can claim rental income.

• NFT can only be moved among whitelisted users.

• Rental income is distributed to NFT owners who have confirmed their entitlement. If only 1 person who owns only 1 m² confirms their entitlement, they will receive the full rent for the whole house.