Splitfund Contracts

Sp/itfund is a co-ownership protocol built on NEAR.

For the end user, Sp/itfund looks and feels like a Real Estate crowdfunding site: funding amount goal, days left, number of backers, etc. Sp/itfund makes it easy to invest in Real Estate co-ownership starting from 50.00 USDT/NEAR.

On the technical side, users get back a new NEP141 token as collateral for their USDT/NEAR investment. This collateral is tradable at any time. If the funding amount goal is not reached within the expiration date, the users get their investment back.

• Sp/itfund is decentralized, all of the information about the property is stored in the blockchain.
• Sp/itfund charges a 2% fee upon each USDT/NEAR investment, this fee is non-refundable and is used to keep the platform running.
• Sp/itfund manages the Real Estate assets to guarantee the properties' maintenance and profitability. Users can trust Sp/itfund as their investment manager with solid legal representatives in each jurisdiction.
• Sp/itfund makes it easy to make cross-country Real Estate investments. A user in Japan may co-own Real Estate in Mexico, for example.
• Sp/itfund opens a new market of tradable NEP141 Real Estate collateral tokens as a store of value.
• Once Sp/itfund buys a Real Estate property, our legal mechanism will make each investor's wallet a legal owner of the asset.

Current features

• deposit send an amount of a given NEP141 token via ft_transfer_call and get a new NEP141 in exchange as a receipt 1:1 for your investment
• withdraw if the total funding amount is not reached within the expiration date, get your NEP141 deposit back
• delegate_funds if the total funding amount is reached, send the NEP141 balance to a given wallet
• Unit tests complete
• To deploy an instance of the Escrow contract, either use near deploy or use the factory

Documentation

See the examples.

Using near-api-js

Refer to this file.