Fundum Capital is a blockchain-based project that brings together the worlds of cryptocurrency and property. It is headquartered in Amsterdam, the Netherlands, aiming to operate worldwide. The team has created a new financing model to disrupt the mortgage system run by banks. The company members have a clear focus on building a crypto economy backed by real estate assets. They provide mortgage-free property, which is profitable for both the owners and the holders of an asset-based cryptocurrency.
Fundum Capital provides a wide selection of properties for investments that have rental income. Customers can choose between commercial, residential, and hospitality properties.
Commercial real estate. It includes property that is used for business activities, land used to generate a profit, and large residential rental properties such as malls, offices, industrial estates, and production workshops.
Residential property. This is real estate where a tenant is generally a person or family. It can be a single-family home, condominium unit, an apartment, or a townhouse.
Hospitality rental property. This type includes hotels, condominiums, conference centers, food-service facilities, spas, and entertainment facilities.
Investing in a property does not mean owning it. Such investments represent a stake in the rental income and users make a profit without solving ownership issues. In order to protect users' investment, Fundum Capital works with a trustworthy payment provider NL Investeert.
All properties available at Fundum Capital belong to the company and have been purchased mortgage-free. However, users are able to offer their own immovables for tokenization. To be accepted, the proposed piece of property needs to be mortgage-free and have documentation about its occupancy.
Investors have two ways of earning profits. They can purchase the FND stable coins to receive residual income or buy the tradable FND tokens to profit from the value increase. It is also possible to combine both ways.
FND stablecoins are coins backed by the property they represent. They are unique for each real estate object and are available in limited quantities. Holding them gives investors the rental income rights. This means they can get the percentage of the rental income, which is based on the number of coins they hold.
The first FND stablecoin was launched on May 5, 2021. Each stablecoin costs 100 euro. The number of tokens per property is calculated by the following formula: the property value divided by 100. The coins can only be purchased with FND (the native Fundum tokens). To buy them you need to be a part of the private WhatsApp investors’ group, verify your ID, and provide a wallet screenshot. Stablecoins cannot be traded on an exchange. They can only be stored or transferred from one wallet to another.
Profit payments are conducted in FND tokens to wallets holding stablecoins every month. The number of FND coins users can receive is based on the token value in euros at the time of payment, i.e. rental income divided by the FND token price in euros.
The company’s economy is backed by Fundum (FND), a token created on the Ethereum blockchain. The total supply of FND coins is capped at 100 million and is being manually reduced. 45% of coins were available for the market from the very beginning. The reserve is intended for expansion, purchasing new properties, marketing, development, and the team and is gradually put on the market. 80% of coins are planned to be released within 2 years.
FND can be bought on an exchange or through a private seed sale. They can be held in any ERC20 compatible wallet like Trustwallet, Etherscan, or Ledger. You cannot purchase Fundum directly with fiat money, so you need to use a cryptocurrency exchange that supports fiat deposits like Coinbase and buy ETH or USDT. Then you can transfer them to Exmarkets or XT exchange that support trading FND.
The Fundum tokens can be used for purchasing FND stablecoins, trading and getting profits from the increased value, and getting rental income payouts. Payments made in FND tokens can be further exchanged for more rights in various properties, held for growth, or swapped for another currency. The demand for coins and their value is increased by adding new real estate objects to the company’s portfolio.
FND token burn
Since no market can guarantee stability, FND tokens are subject to volatility. To reduce the supply and create a more stable economy they are manually burned on a quarterly basis. The amount of coins burned is related to FND stablecoin purchases and calculated after deducting the company’s costs and may vary. The more income rights are sold per quarter, the higher value the tokens have. Taking them out of circulation leads to the total network value increase.
The Fundum team
The Fundum team consists of creative and experienced professionals and enthusiasts with different backgrounds. Their skills and knowledge refer to such specific industries as cryptocurrencies, blockchain technologies, real estate, and investments.
Willem Wolffgramm, an international-focused business entrepreneur with a strong financial background is the CEO. He is also operating as the Director of NLInvesteert Amsterdam, a service provider for growing businesses in the Netherlands.
Ramon Cransveld is the Head of IT, who has been involved in cryptocurrencies and blockchain technology for several years. He has worked for Getronics, the Dutch Department of Waterways, and SBIT Hospitality Services.
Other team members include Raoul de Groot, the operations manager specializing in blockchain and real estate, and John Breed, an asset manager. Rafael F. Voortman, a real estate professional, and the lawyers Constantinus Augustianus and Philip Van Den Heuvelschacht are on the supervisory board.
Among the Fundum Capital partners are Coinmarketcap, CoinGecko (cryptocurrency data authorities), Etherscan (a block explorer and analytics platform for Ethereum), and Blockspot (a blockchain data platform).