UAE based Intelly Blockchain realestate platform offers Fractional NFTs

Intelly, blockchain-based real estate investment platform, with offices in UAE, UK and Turkey, is offering investment in realestate property through fractionalize NFTs . Intelly has created a tool for real estate to be tokenized. The fractional NFT’s are created by locking a BEP-721 NFT that is tied to an asset into a BEP-20 smart contract. 

Intelly will allow any real estate project worldwide to be tokenized and traded on the Intelly Exchange. Tokenized projects will enable investors to own a share of the underlying asset. This creates a liquid real estate market where assets are based on their profitability.

Their first project is already underway in partnership with Tasceken Group. Jardin Eden consists of 118 villas and a 100-room hotel, a total of 218 units. The development is conducted on a land area of 124.000 m2 (about 138.3 sq. yards). The award-winning project even features a private beach for residents. The project is scheduled to be opened up for investors in July 2022. Investments will be done with the INTL Token on the Intelly platform.