Article 3- General Terms and Conditions
3.1 Terms and Conditions on NFT and Tokens
a) Fexse is a global platform that tokenizes various physical and financial assets such as real estate, artwork, precious metals (gold, silver), company shares, antiques, and energy facilities (dams, etc.). The platform digitizes these assets in blockchain-based Non-Fungible Token (NFT) and Asset Backed Token (ABT) format.
b) Real Estate Tokenization
Fexse identifies and tokenizes properties with high investment potential through the expertise of its professional teams.
NFT and Tokens represent the market value and economic rights of real estate.
Token holders benefit proportionally from the proceeds from the sale, lease or income-generating activities of the real estate.
Token holders acknowledge that they do not have direct ownership or physical use of the underlying asset.
c) Other Tokenizable Assets
Apart from real estate, Fexse tokenises the following asset types:
Works of Art and Antiques: Distribution of a share of sales proceeds.
Precious Metals: (Gold, Silver, etc.) Gain share distribution due to increase in value.
Company Shares: Dividend and dividend distribution.
Energy Facilities: Distribution based on generation revenues.
For each tokenised asset:
Total supply of NFTs and Tokens,
Total number of token holders,
Reports and documents related to the underlying asset,
Insurance, maintenance and other legal costs of the asset,
will be presented transparently in the relevant NFT Token Information Document.
d) Obligations of the Platform
Fexse implements the necessary administrative and technical procedures to preserve the value of all tokenised assets.
It covers tax, maintenance, insurance and other legal costs of tokenized assets.
It undertakes not to charge extra costs from token holders.
e) Disclosure and Transparency
The platform transparently provides its users with all important information and updates regarding the tokenized assets.
Decisions and updates taken by the DAO are communicated through the platform.
Last updated
Was this helpful?