You can Stake iOWN Tokens on the iOWN Wallet, download here.
You will need to stake the tokens for 182 days
The Minimum amount is 50,000 iOWN and the Maximum amount is unlimited based on pool availability, the max cap of the genesis pool is 205,500,000 iOWN Token, to check program status please click here
Minimum amount is 50,000 iOWN, acceptable staking amounts is any multiplier to 50,000 like 100,000 – 150,000 etc…
You will Receive 1 NFT for every 50,000 tokens staked with an initial value of approx. $487/SQFT upon minting that will reward you with passive income of 5-6% of initial SQFT from the physical asset price for life if you are the owner of the NFTs.
A non-fungible token is a financial security consisting of digital data stored in a blockchain, a form of distributed ledger. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded.
The genesis pool contains 8 properties with a total SQFT of 4,110, the pool value is $2,000,000, each NFT will represent 1 SQFT of the portfolio actual SQFT so $2M / 4,110 = $487
The 8 properties are hotel apartments located in Dubai, Five hotel JVC and Radisson DAMAC Hills.
Yes, although a penalty of 25% of the unstaked amount will be applied due to termination of staking. The Unstaked amount has to be the complete staked amount.
After completing the 182 days staking you will receive your NFTs, The NFTs then start to reward you with 5-6% of initial SQFT from the physical asset price for life if you are the owner of the NFTs.
Passive income from real-estate rentals will be airdropped to NFT holders and the ability to offer the NFT for sale in secondary markets such as Opensea.
iOWN Wallet will support storing the NFTs and it can be stored in any other compatible wallet.
You will receive the rewards in iOWN Token.
Yes, keep an eye on our social accounts for an official announcement.
Go to your staking page in iown wallet and click unstake, the unstaked amount minus the 25% fee will be directly credited to your wallet.
You will be awarded with 1 NFT per 50,000 token and the staked tokens will be credited to your wallet again!
You will be able to stake at an anytime as long as the Genesis Pool has not reached its max cap. The new staked amount will have to complete the 6 months staking term to redeem the NFT.
