JOI makes it easy to Rent, Buy and sell properties via crypto and as an NFT.
JOI is an open source crypto token based on Ethereum blockchain which uses proof of stake script algorithm and since 2021 it has started using smart contracts in its algorithm.
JOI gives 2% share in its profits to its holders in the form of divident, which allows our share holders to grow along with Joinimmo.
JOI is a high throughput smart contract blockchain platform. Validators secure the network through a proof a stake consensus protocol. It is said to be fast, low cost and environment friendly.
Here is the journey & the timeline of Joinimmo. And How the ideo of Real estate on blockchain gives birth to JOI.
We have started in 2018 with an idea : To provide quick, online and easy service for long term rental apartments to expatriates in France. Because in France the traditional renting process is very time consuming, complicated with multiple steps and requires too many documentations from tenants. With joinimmo we made it simple, which requires less documentation and quick online process.
We added acquisition process also in our portfolio and we started inviting landlords to sell and buy properties on Joinimmo portal.
We launched JOI, A crypto token which allow our clients to rent, buy and sell properties on blockchain via crypto currency.
We started providing options for our clients to buy/sell property as NFT.
So Now clients can not only buy their properties via crypto currency but they can also have option to get NFT for their properties which they can use for digital ownership.
We started accepting JOI for our own operations. So now our clients can make payments in JOI for rental as well as acquisition purpose.
Joinimmo now shares 2% of profits with the JOI holders. So now all JOI holders enjoy the profit sharing in the for of dividends.
It is a chain of blocks that contain information. In other words, it’s a distributed ledger that is completely accessible to everyone and It consist of :
Data
Hash function of previous block ( a kind of fingerprint ) to connect this block to the previous one.
Hash of current block to connect it to the next one.
When you make any modification in current block, it replicates the changes into all the blocks after that, with the help of hash function.
Cryptocurrency is decentralised digital money that’s based on blockchain technology. You may be familiar with the most popular versions, Bitcoin and Ethereum, JOI but there are more than 5,000 different cryptocurrencies in circulation.
A cryptocurrency is a medium of exchange that is digital, encrypted and decentralised. Unlike the U.S. Dollar or the Euro, there is no central authority that manages and maintains the value of a cryptocurrency. Instead, these tasks are broadly distributed among a cryptocurrency’s users via the internet.
You can use crypto to buy regular goods and services, although most people invest in cryptocurrencies as they would in other assets, like stocks or precious metals. While cryptocurrency is a novel and exciting asset class, purchasing it can be risky as you must take on a fair amount of research to fully understand how each system works
Blockchain facilitates secure data sharing, streamlines rental collections and payments to property owners, and also provides premium due diligence across the portfolio. This increases operational efficiency and allows for time- and cost-savings.
Blockchain can help streamline the process of buying and selling property, as well as make it more secure. For buyers, this means being able to track the history of a property and its ownership. For sellers, it means being able to provide more transparency around the sale process
JOI is the native token of Joinimmo. It is a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account to rent , buy and sell Joinimmo properties.
JOI, the token of Joinimmo is the pioneer in its own domain to start real estate facilities on blockchain.
Since generations, Real estate have been working in a traditional and conventional way , holding the complexities and fear of huge documentation, fraud, getting wrong deal and lack of trust issues with third party service providers.
JOI is an initiative to break those limitations of traditional real estate operations and get in to a fast, easy and reliable process on web3. With way less documentation, unimaginable less time and way less charges and fees. On top it is the safest way to buy properties.
Right now, JOI is listed on 2 exchanges : Uniswap and Coinbase.
You can simply go to uniswap or coinbase website to buy, sell or trade JOI.
There are several advantageous :
1) The biggest advantage is you will get monthly dividents on JOI so its value keep on increasing.
2) You can get discounts on rental and acquisition properties on Joinimmo.
3) JOI is based on Ethereum, which is the safest, fastest and most reliable smart contract based algorithm.
4) JOI is based on substantial assets of Joinimmo, whose network and business perimeter is increasing every year.