Welcome to
AZZETT
AZZETT is a real estate backed cryptocurrency that is designed to provide fractional ownership of an income-producing real estate portfolio.
What is Azzett?
AZT aims to provide token holders with exposure to a portfolio of real estate assets in high-demand urban markets globally. AZT does this by fractionalizing ownership of underlying real estate assets and pooling them together into a digital currency, which is then made available to investors through a security token offering
It would be classified as a security token, representing an equity claim on the assets of the issuer – real estate in this case. AZT is backed by real estate rather than by fiat currency so its value would float in the market, thus minimizing the effects of inflation, which the developed world is facing for the first time in a generation.
How to Buy
Create a Wallet
download metamask or your wallet of choice from the app store or google play store for free. Desktop users, download the google chrome extension by going to metamask.io.
Get Some ETH
have ETH in your wallet to switch to $Azzett. If you don’t have any ETH, you can buy directly on metamask, transfer from another wallet, or buy on another exchange and send it to your wallet.
Go to Uniswap
connect to Uniswap. Go to app.uniswap.org in google chrome or on the browser inside your Metamask app. Connect your wallet. Paste the $Azzett token address into Uniswap, select $Azzett, and confirm. When Metamask prompts you for a wallet signature, sign.
Switch ETH for $Azzett
switch ETH for $Azzett. We don’t need to worry about buying with a specific slippage, although you may need to use slippage during times of market volatility.
TOKENOMICS
$Azzett
Ticker
100.000.000
Supply
3%
Buy Tax
3%
Sell Tax
2%
Max wallet
FEATURES
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Minting of new AZT
After the initial raise, the company would only mint new AZT tokens in one scenario: a capital raise. These tokens would be minted at the current book value per share at the time of the new offering.
Dilution of existing AZT
By minting new tokens at the same book value as existing tokens, the value and fractional ownership of existing tokens remain unaffected, allowing new investors to participate in AZT without diluting the value of existing tokens or negatively affecting their returns.
Transparency
This structure provides transparency, which helps maintain the steady growth of the tokens’ value, both at book value and market value. This transparency is important to ensure investor confidence and trust in the long-term performance as a store of value and medium of exchange.