TokenHouse

We are initially welcoming all Prime London Real Estate Landlords who own buy-to-let properties with no existing debt to join our platform.

TokenHouse uses  proprietary technology and incorporates trusted industry experts in the process of converting real estate into digital assets in the form of Non-Fungible Tokens (NFTs). The NFTs will be a digital representation of your real estate.

NFTs are a form of digital asset, designed to track ownership of an asset using blockchain technology. NFTs are unique and can’t be copied or replicated. NFT holders can store their NFTs in digital wallets like MetaMask.

Other digital wallets  that members may consider using are:

• Metamask
• Trustwallet
• Coinbase Wallet

Alternatively, clients can use a ‘Hard Wallet’ which is similar to a USB stick where NFTs and cryptocurrency can be stored.

Our real estate experts have carefully considered all aspects and risks related to the digitalisation of your real estate to ensure landlords are fully protected and fully informed throughout the process. We have also employed a reputable global law firm (DLA Piper) as counsel to oversee the full process and ensure that all landlords/members are not exposed to any risks that may jeopardise their assets.

To further safeguard the asset we have added an extra layer of protection by involving a legally neutral third party security trustee, Truva.

Truva Trustees. are a team of qualified senior corporate and financial lawyers, whose primary function is to protect landlords’ interests, hold security, and approve and oversee the conversion of real estate into NFTs.

We are proud to announce that we are currently working with a committed pipeline of over £50 million worth of real estate in prime London pre-launch.

We are confident that this figure will continue to grow as professional landlords, developers and large institutional investors understand the scope and potential of Web 3.0 and blockchain technology.

In the event, you no longer require the use of your TokenHouse NFT, you can contact our team via your TokenHouse account and request that we ‘burn’ your NFT. This is a very quick and simple process to complete and will render the NFT unusable.

Non-fungible tokens, which use blockchain technology just like cryptocurrency, are generally secure. The distributed nature of blockchains makes NFTs difficult (although not impossible) to hack. One security risk for NFTs is that you could lose access to your non-fungible token if the platform hosting the NFT goes out of business. However, at TokenHouse, thanks to our proprietary process and use of third-party trustees, we have greatly negated this risk. Every measure has been taken to ensure the ownership of TokenHouse NFTs are safeguarded regardless the status of the company.