Appendices
Glossary of Terms
Here Our Glossary of Terms
Tokenization: The process of converting physical assets (such as real estate, works of art, or precious metals) into digital tokens. Tokenized assets can be made divisible and liquid, transacted on blockchain technology. Tokenization allows large capital investments to be broken down into smaller pieces, thus providing access to more investors.
Blockchain: A decentralized database technology that allows information to be recorded transparently and securely. Blockchain is a system where data that is verified and approved by all participants in the network is stored in an unchangeable manner. For the tokenization of real estate and other real assets, blockchain makes all transactions transparently traceable.
FEXSE Token: It is the native token of the Fexse platform. Investors can invest in real estate assets, receive a share of rental income, and perform transactions within the platform using FEXSE tokens. FEXSE token forms the basis of the platform's economic structure and is used to generate regular passive income.
FexNet: Private network of the Fexse platform. FexNet is the blockchain network that manages all token transfers, investment transactions and real estate tokenization processes on the platform. It is based on Ethereum, but is supported by Layer 2 solutions to increase transaction speed.
Layer 2 (L2): These are solutions that work on the Blockchain network and aim to increase the capacity of the main blockchain. Fexse aims to provide faster and more cost-effective transactions using Layer 2 solutions on the Ethereum network. These solutions increase transaction speed and reduce transaction fees by solving scalability problems.
Tokenized Assets: Values obtained by converting physical assets into digital tokens. For example, when a real estate property is tokenized, each token represents a specific share of the property and investors can trade on these tokens.
Smart Contracts: Condition-based contracts that run automatically on the blockchain. On the Fexse platform, smart contracts manage the fair distribution of rental income, payment to token holders, and all transactions performed on the platform.
DeFi (Decentralized Finance): Refers to decentralized financial systems. Fexse is built on DeFi principles, allowing users to have full control over their assets. DeFi increases security and efficiency by eliminating third-party intermediaries when trading on the platform.
Rental Income Sharing: On the Fexse platform, it is the process of distributing rental income from tokenized real estate fairly among investors. Investors receive a share of rental income in proportion to the tokens they own.
DEX (Decentralized Exchange): Decentralized exchanges are platforms that allow users to buy and sell tokens. Fexse allows its users to buy and sell FEXSE tokens and other assets on decentralized exchanges.
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