Homebase
  • Welcome!
  • Whitepaper
    • Introduction
    • Why We're Here
    • Our Vision
    • What We Do
    • Value Proposition
    • How It Works
    • Security Token Offerings
      • Non-Fungible Tokens (NFTs)
      • Legal Compliance
        • Reg D
        • Reg A
    • The User Experience
    • Risks to Homebase
  • Creating an Account
    • Account Creation
    • Identity Verification
    • Creating Your Wallet
  • Using the Marketplace
    • Homebase Marketplace Guide
    • Property Details
    • Property Market
    • Property Financials
    • Property Documents
    • Property Buying Process
  • Investing with Homebase
    • Checking Out
    • Signing the Appropriate Legal Documentation
    • Closing Period
  • Post-Investment Information
    • After Investment
  • FAQ and Guides
    • Frequently Asked Questions
    • Crypto Guides
      • 🏦How To Set Up Your Phantom Wallet
      • 🌉Bridging Assets to Solana
      • ⛽What are Blockchain Gas Fees?
      • 🪙What is an NFT?
      • 📜What is a Smart Contract?
      • 🔐5 tips to keep your crypto safe and secure
  • Links
    • Create an Account
    • Homebase Marketplace
    • Homebase Website
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  1. Whitepaper

How It Works

PreviousValue PropositionNextSecurity Token Offerings

Last updated 2 years ago

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After a detailed sourcing, selection, and due diligence process, Homebase puts the residential property under contract and sets up an SPV (Special Purpose Vehicle) to hold the asset. Using that SPV, Homebase issues a private (e.g. Reg D) or public (i.e. Reg A+) fund via the so-called STO (Security Token Offering) process. After the filing (and/or approval) with the SEC (the U.S. Security and Exchange Commission), Homebase issues non-fungible security tokens using the Metaplex NFT standard, and ensures that certain guardrails and functions are available to these tokens to enforce the laws governing these securities.

The Process of Tokenizing a Property