Lofty AI Reviews and details

Social recommendations and mentions

• Redfin Is Leaving NAR

  Check out https://lofty.ai. Fractional, income-generating real estate, including the tax benefits (which you can't get with REIT). - Source: Hacker News / 7 months ago

• Octorand Weekly Update - 2023-06-01

  This is old news to many - but I've just properly looked into it... Lofty https://lofty.ai is a way of buying a share in a real "bricks and mortar" property (in the USA only at the moment). You get an income from the rent from the property - and the actual 'share' token is an ASA that can be traded outside Lofty. The website is very easy to use (they even allow on-ramping - which is a big win for newbies). Source: 11 months ago

• [Monday Musings] Interesting ideas for a fun new community owned/operated Dapp (Decentralised Application). What do you want to see/use? Come share your thoughts with us!

  Looking forward to going down this lofty.ai rabbit hole! Source: about 1 year ago

• [Monday Musings] Interesting ideas for a fun new community owned/operated Dapp (Decentralised Application). What do you want to see/use? Come share your thoughts with us!

  And similar again - the above but focused on STO's or tokenized real estate. Many people out there want a investment property but cannot afford to buy one. They can afford a partial share of one however. Say a property is $1m. A user funds 10k. They are given 1/100 share of the property. They are then given a share of the yield this property earns and selling could be a lot more liquid. This one would be tough... Source: about 1 year ago

• Build For Rent

  Its called lofty.ai, it uses blockchain technology however you do not need a blockchain wallet to use it. Just a bank account. Source: over 1 year ago

• can you invest in real estate without buying property

  Lofty.ai - Rental real estate investment without holding property. Minimum $50 investment. Source: over 1 year ago

• To people who say "we are still early" what makes you say so?

  Lol assuming lofty.ai isn't just a big scam to begin with, it's most certainly underpinned by copious legal contracts, centralization, and traditional centralized systems. Source: over 1 year ago

• Anyone agree that NOT advertising in the World Cup is the obvious right choice?

  Right now, the audience Algorand needs to address are the businesses, governments, and developers that will build on top of the network. The lofty.ai and Koibanxes of the world. The ones that will drive liquidity and usage to Algorand. Source: over 1 year ago

• [Offer] Invest in real estate and get payments daily using Lofty. Free $25 from me when you sign up with my ref link

  Lofty.ai is a site where you essentially get into the real estate game by buying portions of real estate at as low as $50. You will be paid every day including the day you first start up, the payments are based on the yield the property offers. So far its been paying for my music sub which is pretty neat to think about. Let me know if you have any questions! The cashouts as of now are in their own lofty coin... Source: over 1 year ago

• What are you doing with your Algorand between governance periodos?

  I really liked the concept of lofty.ai and planetwatch when I first joined the ecosystem, but I have yet to give them a try. Source: over 1 year ago

• FTX acquisition could grant Binance control over 80% of global crypto market

  Now regarding the tokenization of value, the best use-case I can think of right now, is lofty.ai. They tokenize home ownership. The entire value of a house is converted into tokens, and you can buy as many (or as little) as you want. The best part is that you can use those tokens just like money, because they're easily transferable to other wallets. So now home ownership has become liquid value. This can be... Source: over 1 year ago

• Thoughts on NFTs being used to back up ownership of real world, physical items?

  Its not nft but lofty.ai presents a pretty good use for crypto sans speculation. Its tokenized realty and makes it easier to acquire, benefit from, manage, and exit realty positions compared to conventional realty. Source: almost 2 years ago

• Crazy Idea, but could you turn your house into a tradeable security?

  Lofty.ai does this with crypto on the Algorand network. Source: almost 2 years ago

• Daily General Discussion - June 29, 2022 (GMT+0)

  Platforms I've found: Lofty.ai - Fractionalized real estate, you can own a portion of a home. They're backed by decent funding, however, some of the housing seems vastly overpriced which concerns me somewhat. Still, pretty interesting idea and their app looks pretty easy. Source: almost 2 years ago

• Will crypto based real estate ever go mainstream?

  If you mean exactly like lofty.ai, not really just due to how they interact with governance. As far as investing into fractions of a rental property, that's just any REIT. Source: almost 2 years ago

• What is the best way to earn passive income in the Algorand ecosystem?

  I discovered lofty.ai just recently. Tax implications spook me a bit, I'm in the US. I also live in Texas and saw a property that's actually in my city so maybe I'll start with that. Figure tax implications for a property in my residential state would be less problematic. Source: almost 2 years ago

• Where did the customer service reps go?

  I used to be able to get an answer from them right away and they would even ask me a bunch of questions about how to improve there service and what things I liked that lofty.ai was doing that they should consider doing. Now I can't get an answer before trying to invest in these new properties. Does anyone know why the new homes are 100% financed and no mortgage? When arrived first started, they told me they didn't... Source: almost 2 years ago

• First major tokenized real estate project in New Jersey

  So, lofty.ai but with real estate bros creating an exclusive community if you "hodl". Doesn't seem like anything could go wrong with this. Source: almost 2 years ago

• Why do single family REITs not follow housing prices?

  If your into crypto you could check out lofty.ai and landshare.io. Source: almost 2 years ago

• Is it feasible for crypto to help me own real estate?

  Lofty.ai is a great option for this. Only crypto thing I have right now actually doing anything for me in this market. Source: almost 2 years ago

• Real estate investing for beginners, buying property in small chunks with an ROI on my portion of the property.

  No mortgages either, I don't have that kind of money. I gotta start small, but I do have disposable cash I could throw a few hundred dollars at. Someone at r/investing said lofty.ai but I am looking for other options as well. Source: almost 2 years ago