Under performance of one property is no longer a risk because your returns will be not affected since it's based on a broad commercial real estate index providing cross collateral of all income streams across all properties in the world that have been tokenized via Jointer system.
First position is to pay off the tokens and the tokens’ returns. Leftover of revenue is split between Jointer and the property owners.
Each property has characteristics that are in common to other similar properties with the same market, same property and area class, same rent per square foot, same expenses, same cap rate, and so on
These characteristics are used to generate a broad index, which allows the Jointer tokens (JNTR) to follow an index’s performance.
Every time Jointer generates revenue from the properties’ income streams including cash flow, refinancing, or resale, the income will automatically convert to a cryptocurrency such as Ethereum (ETH) or stablecoin, using a third-party provider such as Coinbase
The funds are distributed by a trustee and held in Jointer's liquidity reserve
The reserve first distributes return interest for borrowed funds. Leftover funds will be split between Jointer and property owners
**NOTE: Every index will have its own unique JNTR (Jointer) Token. JNTR token holders can redeem part or all of the JNTR tokens value using a smart contract. This contract will send the JNTR tokens to the Liquidity Reserve. In return, the smart contract will send back ETH or a stablecoin such as EZO coin (Element Zero) — subject to the receiver request. All redemption requests are processed on a pro-rata basis every 24 hours based on the buyback program. Jointer keeps the right at any time to pay off any JNTR tokens based on their current value.
As of this moment, there are no active security exchanges or markets available to host security asset tokens such JNTR. Additionally, there is no guarantee that any security exchanges will host all types of asset tokens.
Jointer founded Element Zero, which is designed to act akin to a not-for-profit project with a goal of creating a stablecoin backed by a stability protocol that also funds lucrative commercial real estate properties.
Element Zero and Jointer have a symbiotic relationship. In order to allow investors the option to liquidate their JNTR tokens, Jointer needs a liquidity reserve, and Element Zero’s reserve needs a source from which to buy JNTR tokens to maintain the liquidity system.
When compared to today’s industry standard, Jointer’s returns for lender are significantly more competitive compared to other lending vehicles.