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The new way to invest in hospitality real estate.
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Frequent Asked Questions
Anwers to our most frequently asked questions are just one click away.
What is Azqira?
Azqira is a fin-tech startup that is changing the way people look at real estate. By utilising fractional ownership through blockchain technology, Azqira allows people from all over the world to buy into real estate projects starting with as little as €100. With a core focus on real estate in the hospitality industry, Azqira is changing the face of two industries at once and opening them up to a much wider community.
How does the platform work?
Azqira acts as an intermediary between the hospitality industry and eager real estate enthusiasts looking to break into the market. By utilising the power of blockchain technology we are able to fractionalise the ownership of hospitality real estate developments into digital assets and make them accessible for our community to buy at all levels. Buying options will be made available through the purchase of NFT packages that are divided into different tiers starting at as little as €100. These packages will contain both digital assets that represent a portion of the real estate as well as other exclusive benefits such as the right to earn dividends. As the real estate value increases so will the value of the digital assets that each buyer holds and after a stipulated locking period digital assets and NFTs will be allowed to be traded within our exchange. Here investors have the opportunity to make money based on the fluctuating value of the digital asset as well as the potential to earn shared returns through holding NFTs.
How can I own a fraction of a property?
Through the use of blockchain technology and smart contracts embedded into the code of our platform, Azqira is able to virtually divide the ownership of real estate into digital assets. These digital assets are tied to the ownership of the property but do not necessarily mean that you would physically own a fraction of a building, like 7 bricks in the bathroom wall. Ownership is seen as a virtual percentage of the entire project.
Blockchain technology is what enables Azqira to provide cross-border real estate ownership without the need for mountains of paperwork and red tape. Smart contracts embedded into the code of our platform have the ability to be immutable which means that once they are written they cannot be changed. This creates a transparent and secure contract between our community and the platform that enables seamless and hassle-free transactions.
What are smart contracts?
These are essentially contractual agreements that are embedded into the code written on our platform. Instead of dealing with mountains of paperwork and regulatory red tape, smart contracts give us the ability to achieve the same result with much less hassle. The reason smart contracts work so well is because they are immutable and transparent. This means that once they are written into the code of the platform they are ‘set in stone’ and cannot be removed.
How do the NFT packages work?
Every real estate project launched on our platform will have a unique set of NFT packages made available for purchase. This does not mean that Azqira sells NFTs but rather AZQ packages held in NFTs. These packages will be tiered at different levels depending on the value that each person wants to put down, with an increasing amount of AZQ needed to buy a package in each tier. In the launch of each real estate project, a specifically allocated amount of these NFT packages will be made available for purchase. Each package will have a stipulated number of AZQ within them that will be held in them for the duration of the locking period. Ownership of one of the packages will give the holder certain benefits that will not be possible if they own AZQ outside. Notably, the most important benefit will be the ability to earn shared returns from the real estate projects as they start to add value to the supporting business, much like how you would earn dividends from shares in a business.
Why hotels you ask? There are a number of reasons that we have chosen real estate in the hospitality industry as our core focus. First and foremost we want to work in an arena that doesn't just make financial sense for backers, but also encourages the freedom in lifestyle that we want our community to be inspired by. Working within the hospitality industry gives Azqira the unique opportunity to operate in all corners of the globe which diversifies opportunities in our portfolio and opens up new potential, helping us inspire all corners of the globe. The hospitality industry also allows the ability for our community to earn returns on their purchases instead of just the standard rental income that normally exists within the real estate industry.
What is an AZQ?
AZQ is our very own digital asset that we will be using on the Azqira platform. AZQ will be purchased at a determined value that will fluctuate with the progress of the real estate projects that Azqira is tied to.
How much do I need to start?
Opportunities will differ slightly from project to project depending on the size and value. The goal for Azqira is to make real estate accessible to anyone’s own budget. That’s why we aim to have a minimum entry-level buy in of €100 per project.
How do I make money from this?
Your buy in is used to help build or improve elements of the hotel and in return when the hotel preforms better and its value goes up, so does the value of your digital asset. By holding digital assets within a NFT package backers will have the opportunity to earn returns on their purchase, much like how you would earn dividends form owning stocks or shares in a business.
How do I earn shared returns?
Backers will only be able to earn shared returns if they hold AZQ within an NFT package. Returns will be earned based on the success of the real estate projects. The number of AZQ that you hold in your NFT will determine the number of shared returns that you are entitled to receive.
Why must I do a KYC?
A KYC (Know Your Customer) check is performed for every potential community member on the Azqira platform. This is done to ensure that our service and community remain safe and secure for all those who use it. KYC has become commonplace in these type of platforms and we want to make sure that Azqira remains at the top of the ladder when it comes to the data security and safety of our community.
Is this a European-only opportunity?
Although Azqira hosts hotel projects from all around the world, we are currently only allowing buy-ins from the European market. Not to fear though, we will be expanding in the near future. So sign up and we’ll let you know exactly when.
How does the locking period work?
Each project will have a specifically determined locking period of the opportunity after it’s released onto our platform. This means that after first purchasing your NFT package there will be a period where trading will not be made available. This is done to ensure stability in the real estate projects that are being bought into and to ensure that there is steady and reliable growth in the value of backer’s AZQ. When the stipulated locking period is over, trading of AZQ and NFTs will be made possible.