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SplittingMe

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News

Senator Blumenthal Initiates Investigation into Binance's Sanctions Violations

Senator Blumenthal Initiates Investigation into Binance's Sanctions Violations

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Senator Richard Blumenthal has initiated a formal investigation into Binance's potential violations of US and international sanctions.
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Kenji Takahashi

Senate Democrats Call for Investigation into Binance Amid Allegations

Senate Democrats Call for Investigation into Binance Amid Allegations

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Eleven Senate Democrats, led by Elizabeth Warren, are urging an investigation into Binance's operations due to allegations of facilitating illicit finance activities.
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Maria Fernandez

Tether Freezes $42 Billion in USDT Linked to Illicit Activity

Tether Freezes $42 Billion in USDT Linked to Illicit Activity

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Tether has frozen approximately $42 billion worth of USDT tokens due to suspected illicit activities, highlighting the need for blockchain transparency and cooperation with law enforcement.
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Gustavo Mendoza

What is SplittingMe?

The first technology startup to apply blockchain technology to the field of real estate investment in the direction of NFT in the world.

Through our workflow, Splitting Me allows users to own as much real estate as they want without the declaration to any individual or institution. With blockchain technology and the Law of Business, we sure that our clients’ properties ownership is completely legal and confidential.

Lending:
     • If people just invest in traditional real estate, the profit only depends on the value of the property. With 
Splitting Me, investors can also increase their profits through the Splitting Me's Lending feature. 
     • With the lending feature, investors can pledge their real estate through NFTs at extremely favorable 
rates, and recieve up to 90% of the asset’s value (depending on time, location, and price). Specially, the 
process is very simple, the investors just need to deposit the NFT toke, choose the loan amount and the
period. In a few seconds, the money will be in your wallet. Of course, investors can withdraw the money
immediately and use them as they want. In addition, if the investors borrow an amount lower than the 
allowable limit compared to the value of the NFT have mortgaged (lower than 90%), they can borrow 
more as long as the additional amout is not excess of the allowabe limit.

Mint NFT to BEP20 token:
     • After the investors have owned their NFTs, they can take them to the Mint feature to mint them into 
BEP20 tokens.
     • For example, John owns 1 NFT_A and he minted 1.000.000.000 BEP20 tokens from that NFT. And that 
NFT_A is worth $1.000.000. This means that 1 BEP20 token minted by John will be worth
1.000.000/1.000.000.000 of NFT_A, equivalent to $0.001.
     • Assume that the name of the Bep20 token created by John in the above example is mNFT_A. By 
providing liquidity to the mNFT_A-BUSD pair, when any investor purchases mNFT_A, the liquidity 
provider (in this case, John) will receive a swap fee (which is entirely at his discretion).

     • On the other hand, Jenny sees that the real estate A has great potential and wants to invest in it. However, 
she only has $1 free. Jenny wants to increase this little small idle fund, so she uses her $1 to purchase 1,000 
Bep20 mNFT_A tokens. When the price of property A increases by 20%, Jenny will also receive an 
additional 20% profit from the mNFT_A tokens she purchased.
     • In fact, because each investor does not have sufficient financial capability, there are many cases of people 
pooling their funds into a “pooled funds” to invest in the same real estate. Although they are acquainted, 
for some reason, the person holding the pool disappears or goes bankrupt, the remaining people will lose 
all their money. And the Mint NFT function is the best solution to this story.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.