Customer: Azarium
Task: Create from scratch iOS and Android Mobile applications
Technologies iOS - Swift, Android - Java, Backend - Java, Frontend - React

What is Azarium and How We Can Benefit You

Millions of individuals worldwide remain excluded from the field of real estate investing. Extreme housing prices and construction costs work as a barrier to entry, making the general public unable to afford to participate in lucrative enterprises. Azarium seeks to disrupt the existing status quo by introducing a solution that combines cutting-edge technology with sophisticated investing mechanics, letting everyone benefit from the high-yield property developments in the finest locations around the world.

How Azarium Works

Azarium serves as a platform that connects investors and developers, making their cooperation beneficial for both parties. Our team of experts analyzes the market and identifies under-construction real estate properties with growth potential. We consider only properties with a maximum delivery time of no more than a year and a half. All properties offered to you by Azarium will be covered by insurance to reduce the risks for investors.

We provide an opportunity to become a full-fledged investor in a property on the other side of the globe without breaking the bank. Azarium leverages the power of blockchain technology by utilizing non-fungible tokens (NFTs) to remove a variety of entry barriers which are traditionally present in the field, including the involvement of intermediaries such as banks. 

We are constantly working to lower the financial entry barrier for investors to a few hundred dollars.You are no longer required to spend millions of dollars to generate a semblance of meaningful profit on your investment in construction projects. Azarium lets you simply purchase an NFT representing your share in the property and thus be eligible for a 30% to 60%* return on your investment and staking of NFTs.

How Azarium Uses NFTs

NFTs are a form of digital assets that can represent their holder’s ownership rights over a certain object. In the case of Azarium, each NFT provides its owner with a share in the property they invest in. The amount of NFTs in your wallet determines your total % of the investment in a particular property. We have opted for the use of NFTs not due to their recent rise in popularity, but because we strongly believe in the utility blockchain technology can bring to our stakeholders.

Each Azarium NFT contains a personalized contract that features all the information about the property, the size and value of the holder’s share in the property. The essential difference between the NFT as a digital document and the conventional securities is that all operations involving NFTs are performed by a smart contract. Smart contracts do not require additional guarantees from the regulatory authorities, insurance or financial companies. They can be received directly from Azarium and cannot be taken, stolen or counterfeited in any way due to the decentralized data storage underlying blockchain technology.

Once the construction is complete, investors will be able to receive a return on their investment by selling their NFTs in return for cash.

NFT Value

The price of one NFT is calculated separately for each property. Here is how each NFT’s worth is determined:

1 NFT = the original value of the property / the total area of the property in square centimeters.

You can become an investor by purchasing just one NFT.

At the same time, the value of the NFT token will increase in accordance with the growth of the value of the property itself.

NFT Staking

As an investor, you will also have the option of staking your NFTs. The staking process involves locking the NFTs in your possession for a certain period in return for extra rewards. Since Azarium NFTs are tied to a square centimeter, they represent an asset backed by real estate. Staking will yield around 1.5-3% of the total value of the staked assets as income per month. Thanks to blockchain technology, staking makes it possible to remove all risks of loss, theft or fraud of assets. Staking implies freezing your NFT and releasing it only after the terms of the smart contract, which are known in advance, are fulfilled. Once staking begins, even the smart contract developer can no longer change the contract or suspend its operation.

NFT Trading and Terms of Exit

Investors are free to sell their NFTs to other individuals or purchase additional NFTs from other investors. When a new owner receives the NFT, they can ask Azarium to exchange their current token for a new one, featuring updated information about their ownership.

Become a real estate investor together with Azarium and earn passive income with ease.

*An approximate percentage of profitability obtained on the basis of information from already completed projects in Bali: https://tarumasmesarivillage.com/