Welcome to the FAQ page for Contracoin! Here you will find answers to some of the most commonly asked questions about our real estate Web3 ecosystem. If you can’t find the answer you’re looking for, please contact us and we will be happy to assist you.

 

What is Contracoin?
Contracoin is a Real Estate Web3 ecosystem that enables fractional ownership of physical and virtual assets through tokenization and leverages NFTs to represent unique virtual assets in the Metaverse.

How does Contracoin work?
Contracoin utilizes blockchain technology to tokenize real estate assets, which allows for fractional ownership and investment. Investors can purchase Contracoin tokens, which represent a portion of ownership in a particular property or virtual asset.

What is Web3?
Web3 refers to the next evolution of the internet, which is decentralized and built on blockchain technology. Web3 is focused on creating a more open and transparent internet, where individuals have more control over their data and digital assets.

What are NFTs?
NFTs, or non-fungible tokens, are unique digital assets that are stored on a blockchain. NFTs can represent anything from artwork to virtual real estate, and are used to verify ownership and authenticity.

How does Contracoin use NFTs?
Contracoin leverages NFTs to represent virtual real estate assets in the Metaverse. This allows for unique ownership and investment opportunities in virtual properties and assets.

What are the benefits of investing in Contracoin?
Investing in Contracoin allows for fractional ownership of real estate assets, which provides diversification and the ability to invest in properties that were previously out of reach. Additionally, Contracoin utilizes blockchain technology, which provides greater transparency and security for investors.

How do I invest in Contracoin?
You can purchase Contracoin tokens through our website or through a cryptocurrency exchange.

What properties are available for investment through Contracoin?
We offer a variety of real estate properties for investment, including commercial and residential properties, as well as virtual assets in the Metaverse.

Can I sell my Contracoin tokens?
Yes, you can sell your Contracoin tokens on a cryptocurrency exchange or through our website.

What fees are associated with investing in Contracoin?
We charge a small transaction fee for purchasing and selling Contracoin tokens, as well as a management fee for managing the real estate assets.

Is investing in Contracoin safe?
We utilize blockchain technology to provide greater security and transparency for our investors. Additionally, all of our real estate properties are thoroughly vetted and managed by experienced professionals.

What happens if the value of a property decreases?
As with any investment, the value of a property can fluctuate. However, we work to mitigate risk through diversification and professional management of our real estate assets.

Is Contracoin regulated by any financial authorities?
We comply with all relevant financial regulations and operate under the guidance of financial authorities.

Can I invest in Contracoin from outside of Australia?
Yes, we welcome investors from around the world.

How does Contracoin ensure that my personal information is secure?
We utilize industry-standard security measures to protect your personal information and do not share your information with third parties without your consent.

How does Contracoin ensure that its investors are verified?
We utilize a thorough verification process to ensure that all of our investors are verified and comply with relevant financial regulations.

How does Contracoin handle taxes for investors?
We provide detailed tax information and guidance for our investors, but ultimately it is the responsibility of the investor to.