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Which blockchain is Lofty AI using to tokenize properties?
Which blockchain is Lofty AI using to tokenize properties?
Max Ball avatar
Written by Max Ball
Updated over 2 years ago

We use the Algorand blockchain to host our token offerings. Algorand has advantages over blockchains like Ethereum and Solana:

  • Algorand has minimal fees for transfers (only 0.001 ALGO), which is ideal for us to be able to pay you daily rent payments once the property is fully funded.

  • Algorand Standard Assets use advanced smart contracts which enable us to automate many features of the platform.

  • Algorand features one of the highest transaction throughput rates of all the blockchains, meaning you'll never sit and wonder when your tokens will arrive.

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