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Binaryx Platform

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Andrew Smith

What is Binaryx Platform?

Binaryx is a unique platform that offers the opportunity to invest in real estate starting from just $50. The platform allows you to acquire a share in residential real estate in Bali and earn a stable passive income of up to 22% per annum. Your ownership of the real estate share is confirmed by blockchain and protected by US laws.

Contents:

How Does Binaryx Work?

Binaryx uses tokenization technology, which allows dividing real estate into shares (tokens) and selling them to retail investors. Additionally, you can sell your shares at any time on the secondary market of the Binaryx platform. The platform also offers the opportunity to diversify your investments by purchasing shares in different real estate properties and countries.

The investment process on the Binaryx platform involves several stages. First, you need to register and undergo the KYC (Know Your Customer) procedure for identity verification. Then you fund your account and purchase real estate tokens. You can withdraw your rental income at any time.

Binaryx offers two main types of tokens:

  • Real Estate Tokens (bAssets)
  • BNRX Tokens

Owners of bAsset tokens receive passive income from rent and property value appreciation, while owners of BNRX tokens receive a portion of the platform's fees.

Income on the Investment Platform

In the Binaryx real estate market, investors acquire real estate tokens (also known as bAsset tokens), which represent official ownership of the real estate. Anyone who purchases a token becomes a co-owner of the respective property in the real world and starts earning income from rent.

The rental income is distributed proportionally among token holders. Let's provide an example: suppose the annual rental rate is 12%. If you have 1 token worth $50, it will generate $6 per year. If you acquire 20 tokens with a total value of $1000, you will receive $120.

Rental income accrues daily from the start date of the apartment rental. This rule is specified on the main Marketplace page.

The platform offers two measures of property profitability: the annual interest rate and the Internal Rate of Return (IRR).

Parameter Description
Annual Interest Rate Indicates how much you will receive from rent. This amount accumulates in your account, and you can withdraw it at any time.
IRR Includes the annual interest rate as well as the expected price growth of the property.

If the annual interest rate is 12% and the IRR is 22%, then 12% of the rent will accumulate in your account, while the remaining 10% will be the appreciation of your token's value.

Binaryx also offers an oracle system that handles tokenization and subsequent property management. Oracles divide the collected rental payments into three parts: 18% goes towards oracle services, 2% goes to the Binaryx platform, and the remaining 80% is converted into stablecoins and locked in the rental smart contract for the rental period. During this period, the funds are proportionally distributed among token owners.

Thus, Binaryx offers a unique opportunity to invest in real estate, earn passive income, and participate in platform management, all from the comfort of your home.

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.