FAVO BLOCKCHAIN is driven by the boundless opportunities of blockchain related assets and a decentralized system. We specialize in blockchain related investments in Commercial Real Estate, tokenization and we have over 500 dedicated cryptocurrency mining rigs.
Blockchain technology has recently been adopted and adapted for use by the CRE Industry. We find that blockchain-based smart contracts are becoming more commonplace and can play a much larger role in the ecosystem. Blockchain technology has the potential to transform core CRE transactions – Such as property transactions, purchase & sale transactions, financing, leasing, and management transactions.
Tokenization in CRE is the process of representing an ownership interest in real estate with a token. Tokens can represent ownership in the underlying asset, equity in a legal structure that owns the asset, an interest in debt secured by the real estate, a stream of income based on cash flows from the asset. Tokenization takes a traditionally illiquid asset lie real estate and makes it liquid.
Cryptocurrency Mining is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. FAVO Blockchain currently specializes in the mining of Bitcoin (BTC). Bitcoin is the largest and most widely-held cryptocurrency in the world and can be traded for goods or services with vendors who accept Bitcoin as payment.