{"data":{"type":"company_profile","id":120486,"entity_id":"wefunder:company:120486","attributes":{"canonical_url":"https://wefunder.com/slicespace","generated_at":"2026-06-11T04:29:06Z","updated_at":"2026-06-10T05:00:52Z","entity_ids":{"company":"wefunder:company:120486","slug":"wefunder:company_slug:slicespace"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-11T04:29:06Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-10T05:00:52Z","as_of":"2026-06-11T04:29:06Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-10T05:00:52Z","as_of":"2026-06-11T04:29:06Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-11T04:29:06Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-11T04:29:06Z","confidence":"medium"}}},"company":{"id":120486,"entity_id":"wefunder:company:120486","slug":"slicespace","name":"SliceSpace","tagline":"A marketplace for commercial real estate ownership.","elevator_pitch":"SliceSpace enables anyone to become a commercial real estate owner - collecting rent each day from the buildings in their communities.","story":"SliceSpace is a commercial real estate marketplace, enabling users to participate in a\u0026nbsp;$33.6 trillion industry - the largest asset class by far. The\u0026nbsp;focus is a simple technology solution, fractionalizing ownership of large buildings and providing rent payments daily utilizing smart contracts.Real estate is the economic engine of our communities.\u0026nbsp;SliceSpace allows individuals and professionals to cherry-pick commercial properties, giving them partial ownership of the\u0026nbsp;buildings they live in, the buildings they\u0026nbsp;work in, or even their favorite venues for just a few dollars.\u0026nbsp;Commercial real estate is old and brokenIn a fast-paced economy, commercial real estate owners seek liquidity. This can often be the decisive factor for acquiring new properties and scaling a business. With large assets such as commercial real estate, liquidity can be tough to come by.\u0026nbsp;SliceSpace offers flexibility for diversification. Finally, retail investors have a means for commercial investment without the traditional barriers to entry. Commercial investing has historically been reserved for the institutional and high net worth market without much accessibility for the common class.Welcome to SliceSpaceThe SliceSpace\u0026nbsp;platform fractionalizes commercial real estate, enabling owners to unlock equity in their properties, thereby creating liquidity in a secondary market. SliceSpace is a unique solution, creating liquidity for owners while promoting ownership to locals who can now invest in their communities and feel responsible for its development. The SliceSpace team is on a mission to create a future where anyone can become a real estate owner with just the click of a button. Commercial real estate is the largest asset class in the worldIn 2021, the estimated value of the global commercial real estate market was approximately $33.6 trillion, up from $31.6 trillion in 2020. (Statista)It is an integral part of the US economy, encompassing a diverse set of companies that build, manage, lease, buy, and sell properties across the retail, institutional, multifamily residential, healthcare, and industrial markets. Industry revenue is generated through construction fees charged by general contractors; service fees and commissions that agents, brokers, and consultants receive; management fees and rent collected by property owners, developers, and real estate investment trusts. With such a range of activities spanning the real estate spectrum, overall industry performance is largely based on nationwide business activity and economic performance.SliceSpace Objective:Making commercial real estate ownership simple, affordable, and accessible to anyone.For decades, commercial real estate has been limited to institutional and high-net-worth individuals. SliceSpace fractionalizes commercial real estate, enabling several individuals to own a single commercial property. This bridges the gap between traditional commercial real estate and the general public, enabling individuals to receive rent daily.Core FeaturesUse Crypto or Fiat:\u0026nbsp;Individuals can now deposit and withdraw in crypto or fiat, as well as a SliceSpace Debit Card - all with instant withdrawals.Low Buy-In Price:\u0026nbsp;Each equity ownership is divided into 1M Slices, making the cost of entry accessible to anyone.Buy or Sell 24/7: Instant liquidity - the ability to buy or sell slices off of the platform at any time with none of the traditional limitations.Class-A Properties: SliceSpace properties include large residential buildings, mixed-use commercial spaces, warehouses, and skyscrapers throughout the US.Daily Rental Payouts: Rent is collected from the property management company and distributed to a user's account balance daily.How does tokenization work in real estate?Tokenization, as it pertains to real estate, is the process of creating a virtual token that would represent ownership of a type of real estate asset. Non-fungible tokens (“NFTs”), can be used to tie the value of a physical asset to a token.As tokenization is highly flexible in its usability, the token could represent ownership in real estate in many ways. The overall type of real estate that can be tokenized can vary just like traditional real estate investing; however, tokenization would allow for little third-party input over the investors. As physical assets would back the tokens, the value of the tokens would fluctuate based on the performance of the asset, similar to traditional real estate investing but with the ease of transfer conferred by the utilization of blockchain technology.SliceSpace Business ModelForward-looking projections cannot be guaranteed.SliceSpace generates profits via property listings, sales, and in-app trading fees. Each listing is valued between $1-$10 million, and SliceSpace nets about 10% per transaction. SliceSpace will\u0026nbsp;onboard 100 properties in the first 24 months, generating just shy of $100 million in revenue.\u0026nbsp;Lots of competitors, not much liquidity.Unlike the competition, SliceSpace is\u0026nbsp;a true Web3 solution, strictly focusing on commercial real estate, and providing rent payments daily utilizing smart contracts. SliceSpace properties include large residential buildings, mixed-use commercial spaces, and warehouses used for e-commerce. What problems can tokenization solve?\u0026nbsp;One of the most significant issues with investing and selling real estate is the liquidity of the asset. In the normal course of a transaction, there are many different parties involved, especially with the legal transfer of the asset. Tokenization mitigates this issue. As easy as it is to buy and sell various cryptocurrencies in the marketplace, tokenization will simplify transactions in the real estate space. Rather than the normal transfer of the ownership process that takes place when selling a share of ownership in a real estate investment, tokenization cuts out the middleman and allows ownership to be transferred directly from investor to investor.Why Blockchain?SliceSpace utilizes the Algorand Blockchain as a primary database for all transactional and market data. Additionally, through the use of smart contracts, the platform can distribute daily rental payouts to all Slice holders as well as fulfill secondary market trading via an Automated Market Maker (AMM).Why Algorand?SliceSpace is a proud recipient of a research \u0026amp; development grant from the Algorand Foundation. The partnership with Algorand enables SliceSpace to leverage its existing technology and relationships, combined with the ever-growing Algorand developer ecosystem.Founding PrinciplesAlgorand was founded by Silvio Micali, a Turing award winner, co-inventor of zero-knowledge proofs, and a world-renowned leader in the field of cryptography and information security. He founded Algorand with a vision to democratize finance and deliver on the blockchain promise.Commercial Real Estate PropertiesIn the US alone, the total value of commercial real estate topped $25 trillion this year. With this new way of investing, SliceSpace aims to capture a tech-savvy audience who wants to diversify into this stable market - allowing individuals to invest and withdraw in crypto or fiat.\u0026nbsp;The plan is to initially launch in New York City, Miami, Philadelphia, Dallas, Cincinnati, and Tampa - shortly followed by every major US city within the first 2 years.Institutional InvestorsWealth management companies, portfolio managers, and banks are constantly looking to diversify their funds into high-yield, low-risk, liquid\u0026nbsp;investments with the ability to hand-select portfolios that create value for their customers. SliceSpace will be catering to these groups of investors. Retail InvestorsApproximately, 100 million Americans live in rental housing, owning 0% of the equity in their communities. SliceSpace provides a great opportunity to create value for both the tenants by including them in a new asset class and their operators by providing liquidity. In today's market, everyone should have the ability to own a part of the buildings they work in, the buildings they live in, and even the venues that they frequent! The platform aims to provide inclusivity to everyone, regardless of income status, to wield the ability to own real assets around them.In today's world, anyone should have the ability to\u0026nbsp;own commercial real estate regardless of socioeconomic status. SliceSpace delivers\u0026nbsp;just that with the use of modern technology to\u0026nbsp;create a world of inclusivity across the entire financial spectrum.Who is SliceSpace?SliceSpace is a dedicated team of engineers, designers, and business partners in the commercial real estate space with a vision of making real estate ownership available to all while bridging the gap between real estate and technology.The SliceSpace team is composed of experienced Web3 engineers, JP Morgan-trained financiers, and seasoned commercial real estate business partners.\u0026nbsp; Advised by some of the brightest minds in the industry, including Dr. Folkinshteyn (Bitcoin OTC) and\u0026nbsp;Phillip Balderston (Odin Properties).Why SliceSpace?The SliceSpace team\u0026nbsp;believes that real estate is the growth engine of our society. More liquidity would mean more development, more jobs, more housing, more opportunities, and more financial stability for all.The purpose is to create liquidity for commercial real estate properties, thus decentralizing equities on a secondary market. SliceSpace's mission is to democratize ownership of an asset class typically reserved for ultra-high-net-worth individuals.\u0026nbsp; The team envisions a future where millions of Americans now own fractional equities and generate revenue on their holdings, this is the SliceSpace north-star. How is this possible?Using this technology, along with the recent regulatory changes enabled by the JOBS act of 2018, SliceSpace can raise capital for properties\u0026nbsp;via a RegulationA+ and scale secondary markets within the largest asset class in the world. Global real estate equities far exceed every single asset class combined, approximately 250x larger than the cryptocurrency market cap. Use of FundsSliceSpace aims to utilize the funds raised through WeFunder to further the development of the technical application, build a sales team for institutional customers, and expand the number of financial products provided to users. The following is a more detailed breakdown of how the funds will be used (after 7.5% of funds go towards the Wefunder fee):- 35% for sales and marketing - 25% for technical development- 20% for operations - 10% for legal- 10% for contingency SliceSpace has a clear roadmap for how it plans to utilize the funds. The company has been conservative in its burn rate and has a clear understanding of the costs associated with each stage of development. The management team is experienced and has a track record of successful execution. We believe that SliceSpace is a strong investment opportunity and are confident in the ability to utilize the funds raised to create value for shareholders.","location":"Wilmington, DE","website":"https://SliceSpace.com","total_amount_raised":161387,"total_investors":123,"is_funded":true,"is_active":true,"quality_score":4,"related_urls":["https://wefunder.com/slicespace","https://SliceSpace.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/120486/xxl_cropped_hero-idea-03.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/120486/large_cropped_SliceSpace_Logo__2_.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/120486/standard_cropped_hero-idea-03.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/120486/standard_cropped_hero-idea-03.jpg","profile_video_url":"https://wefunder.wistia.com/medias/99uhllmd47"},"links":{"company_url":"https://SliceSpace.com","twitter_url":"http://twitter.com/SliceSpace","facebook_url":"https://www.facebook.com/slicespaceapp","instagram_url":"https://instagram.com/slicespace"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"Committed to launching 100 properties in the first 24 months"},{"index":2,"claim_id":"claim-fact-2","value":"$5M+ of equity allocated across multiple properties to be listed upon product launch"},{"index":3,"claim_id":"claim-fact-3","value":"Received development grant for $150k from the Algorand Foundation"},{"index":4,"claim_id":"claim-fact-4","value":"Legal and regulatory headway with a documented action plan"},{"index":5,"claim_id":"claim-fact-5","value":"8 full-time employees with experience in Web3 technology and commercial real estate"},{"index":6,"claim_id":"claim-fact-6","value":"An extensive waitlist with over 25% growth month over month"},{"index":7,"claim_id":"claim-fact-7","value":"Partners include: Algorand, Odin Properties, and the Levan Center of Innovation"},{"index":8,"claim_id":"claim-fact-8","value":"Addressing a fundamental issue in the $33 trillion commercial real estate industry"}],"team":[{"id":2908478,"entity_id":"wefunder:company_role:2908478","user_entity_id":"wefunder:user:2717738","role":"founder","name":"Mory Katan","title":"CEO","bio":"A veteran JP Morgan team leader and frequent blockchain lecturer with over 10 years of experience in real estate.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2908478/square_cropped_F08143-3.jpg?1674708905","profile_url":"https://wefunder.com/mory.katan","linkedin_url":"https://www.linkedin.com/in/morykatan/","twitter_url":"https://twitter.com/morykatan","related_urls":["https://wefunder.com/mory.katan"]},{"id":2908496,"entity_id":"wefunder:company_role:2908496","user_entity_id":"wefunder:user:2736600","role":"founder","name":"Bailey Simrell","title":"CTO","bio":"A skilled digital marketer, designer, and engineer with experience from prior positions at Taxfyle and Just Right Place.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2908496/square_cropped_F08143.jpg?1687278193","profile_url":"https://wefunder.com/bailey.simrell","linkedin_url":"https://www.linkedin.com/in/baileysimrell/","twitter_url":"https://twitter.com/baileysimrell","related_urls":["https://wefunder.com/bailey.simrell"]},{"id":2934403,"entity_id":"wefunder:company_role:2934403","user_entity_id":"wefunder:user:2726908","role":"employee","name":"Victoria Partington","title":"Corporate Secretary","bio":"A competent Delaware Law School graduate with experience in corporate law and compliance at the Delaware Court of Chancery.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2934403/square_cropped_Untitled_design.jpg?1674708909","profile_url":"https://wefunder.com/victoria.partington","linkedin_url":"https://www.linkedin.com/in/victoria-ashley-partington-a65a88146/","twitter_url":"https://twitter.com/Tpartingtn","related_urls":["https://wefunder.com/victoria.partington"]},{"id":2921073,"entity_id":"wefunder:company_role:2921073","user_entity_id":"wefunder:user:2722405","role":"employee","name":"Lyssia Katan","title":"Brand Manager","bio":"A talented sales, branding, design, and media coordinator with experience in real estate \u0026amp; the construction industry.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2921073/square_cropped_F08177-r3.jpg?1674708917","profile_url":"https://wefunder.com/lyssia.katan","linkedin_url":"https://www.linkedin.com/in/lyssiakatan/","twitter_url":"https://twitter.com/lyssiakatan","related_urls":["https://wefunder.com/lyssia.katan"]},{"id":3365565,"entity_id":"wefunder:company_role:3365565","user_entity_id":"wefunder:user:2821491","role":"employee","name":"Ryan Shaer","title":"CSO","bio":"A respected leader in the business industry for many years. Ryan's first venture saw over $500k in annual revenue growth to an impressive $6 million. Expertise lies in sales, system building, operations management, marketing, and financial planning.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3365565/square_cropped_F08207.jpg?1674708903","profile_url":"https://wefunder.com/ryan.shaer","linkedin_url":"https://www.linkedin.com/in/ryan-shaer-b153b5b6/","twitter_url":"https://twitter.com/ryan_shaer","related_urls":["https://wefunder.com/ryan.shaer"]},{"id":2922397,"entity_id":"wefunder:company_role:2922397","role":"employee","name":"Mike Roberts","title":"Software Engineer ","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2922397/square_cropped_F08177-2.jpg?1673891928","related_urls":[]},{"id":3365567,"entity_id":"wefunder:company_role:3365567","user_entity_id":"wefunder:user:2721784","role":"employee","name":"Jacob Rosenstein","title":"Community","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3365567/square_cropped_F08143-4.jpg?1674160035","profile_url":"https://wefunder.com/jacob.rosenstein","linkedin_url":"https://www.linkedin.com/in/jacobrosenstein/","related_urls":["https://wefunder.com/jacob.rosenstein"]}],"featured_investors":[{"id":5996,"entity_id":"wefunder:company_investor_profile:5996","investor_profile_id":2203909,"investor_profile_entity_id":"wefunder:investor_profile:2203909","subject_entity_id":"wefunder:user:2735410","name":"Daniel Folkinshteyn","bio":"Dr. Daniel Folkinshteyn received his Ph.D. in Finance and M.B.A./M.S. in Finance from Temple University, as well as a B.A. in Molecular Biology from Yale University. His teaching interests include corporate finance, financial markets, behavioral finance, and cryptocurrency. As a member of the Department of Accounting and Finance at Rowan University, he teaches courses in the undergraduate major. He is also the faculty advisor to the award-winning Rowan Chapter of the Financial Management Association, the Rowan Student Investment Group, the Rowan Cryptocurrency Club, and the Rowan University Gaming Club. His research interests include public debt markets, investor behavior, and cryptocurrency. Prior to joining Rowan University in 2011, he had taught undergraduate finance at Temple University for 4 years.","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/2735410/medium_cropped_df2.jpg","profile_url":"https://wefunder.com/danielfolkinshteyn","investment_total":100000,"investment_info":"Invested $100,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/danielfolkinshteyn"]}],"investor_memos":[],"tab_counts":{"posts":9,"ask_questions":34,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":67570,"entity_id":"wefunder:fundraise:67570","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50001.0,"funding_started_at":"2022-09-23T22:38:01Z","funding_closed_at":"2023-01-28T05:01:19Z","auto_close_at":"2023-01-28T04:59:59Z"},{"id":67571,"entity_id":"wefunder:fundraise:67571","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":1300000.0,"funding_started_at":"2022-08-01T03:40:45Z"}],"latest_fundraise":{"id":67570,"entity_id":"wefunder:fundraise:67570","state":"successful","offering_type":"4(a)(6)","structure":"equity","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2022-09-23T22:38:01Z","funding_closed_at":"2023-01-28T05:01:19Z","terms":{"eb":null,"nb":"$15M","txt":"pre-money valuation"}},"recent_posts":[{"id":182066,"entity_id":"wefunder:feed_item:182066","type":"FeedItem::Update","visibility":"public","title":"SliceSpace — Update and Direction","preview":"Dear Investors,I hope this message finds you well. I realize it’s been some time since our last formal update, and I want to take a moment to share where we currently stand and the path we’re exploring.After launching our MVP, we encountered what many early-stage fintech and proptech companies have — a steep and capital-intensive hill when it comes to marketing and user acquisition in this market environment. Rather than pursue unsustainable growth tactics, we made the decision to pause major...","published_at":"2025-05-08T21:55:05Z","author_name":"Mory Katan","url":"/feed/182066","canonical_url":"https://wefunder.com/feed/182066"},{"id":166104,"entity_id":"wefunder:feed_item:166104","type":"FeedItem::Update","visibility":"public","title":"Getting ready for launch!","preview":"To the SliceSpace Wefunder Investors,We would like to express our deepest gratitude for your continued support and patience during this exciting phase of our journey at SliceSpace. Grateful for your belief in us from the start, we are eager to share an update on the remarkable progress we have made so far.Our driving vision has always been to “Simplify Real Estate Investing” and it is this vision that has been the guiding beacon of our work. We understood from the beginning that this was an a...","published_at":"2023-08-02T18:22:19Z","author_name":"Mory Katan","url":"/feed/166104","canonical_url":"https://wefunder.com/feed/166104"},{"id":160642,"entity_id":"wefunder:feed_item:160642","type":"FeedItem::Update","visibility":"public","title":"Wefunder Campaign Closing January 27th","preview":"After months of hard work and dedication, the SliceSpace team is proud to announce that our Wefunder Crowdfunding campaign will close on January 27th!We understand how challenging it has been for many people to access commercial real estate investing opportunities, and we want to bring an end to this issue. That’s why our mission at SliceSpace is to democratize real estate investing and make it accessible to all people. With SliceSpace, anyone with a few dollars can become an owner of US-base...","published_at":"2023-01-18T22:58:02Z","author_name":"Mory Katan","url":"/feed/160642","canonical_url":"https://wefunder.com/feed/160642"},{"id":159536,"entity_id":"wefunder:feed_item:159536","type":"FeedItem::Update","visibility":"public","title":"SliceSpace Thanksgiving Update","preview":"Hello SliceSpace Community!Just wanted to take a moment to say thank you for being a part of the SliceSpace Story. It's because of all of your incredible support that we've been able to grow so quickly! As we are drawing near a close on our Wefunder campaign, we are very excited to share with you our latest pitch deck which outlines our plans for the future.Thank you again for your involvement, and hope you have a very Happy Thanksgiving!","published_at":"2022-11-22T20:13:49Z","author_name":"Mory Katan","url":"/feed/159536","canonical_url":"https://wefunder.com/feed/159536"},{"id":159067,"entity_id":"wefunder:feed_item:159067","type":"FeedItem::Update","visibility":"public","title":"SliceSpace Valuation Discussion","preview":"Hello SliceSpace Community, We have had multiple questions on our page in regards to company valuation, exit, and next steps. Wanted to take a moment to address all of those in this video, please feel free to let us know your feedback or if you have any additional questions. Looking forward to the next steps of this exciting journey with each of you! Cheers, Mory","published_at":"2022-10-28T19:16:57Z","author_name":"Mory Katan","url":"/feed/159067","canonical_url":"https://wefunder.com/feed/159067"},{"id":158801,"entity_id":"wefunder:feed_item:158801","type":"FeedItem::Update","visibility":"public","title":"Questions from the Lead Investor","preview":"Hello SliceSpace Community, We hope that you all had a fantastic weekend! In an effort of continuing to spread information, we asked our lead investor, Dr. Daniel Folkinshteyn to jump on a quick video chat with us to ask some key questions about SliceSpace. We hope that this will help to validate some concerns and answer any questions that you may have before investing in the platform. SliceSpace fractionalizes commercial real estate, enabling owners the ability to unlock equity in their prop...","published_at":"2022-10-17T16:49:17Z","author_name":"Mory Katan","url":"/feed/158801","canonical_url":"https://wefunder.com/feed/158801"},{"id":158389,"entity_id":"wefunder:feed_item:158389","type":"FeedItem::Update","visibility":"public","title":"SliceSpace Updates 9/26","preview":"To the SliceSpace Community:As the month of September draws to a close, we are happy to update you on the current state of our company and some of our recent successes. We have made great strides over the past few weeks and are excited to share some of our achievements with you:-As we continue to grow and expand our team we are excited to announce the addition of Victoria Partington! Victoria comes to us from the University of Delaware with extensive knowledge and experience from her time wor...","published_at":"2022-09-26T17:23:10Z","author_name":"Mory Katan","url":"/feed/158389","canonical_url":"https://wefunder.com/feed/158389"},{"id":158275,"entity_id":"wefunder:feed_item:158275","type":"FeedItem::Update","visibility":"public","title":"SliceSpace Update 9/19","preview":"Happy Monday SliceSpace Gang,Here are a few updates from the SliceSpace Team-We have an awesome conversation lined up for our weekly Twitter Space. Founders Bailey Simrell and Mory Katan will be coming onto Slice It Up this Tuesday, Sept 20th at 7 PM EST. Is traditional real estate deal? We’ll be talking about the future of property ownership, answering questions, and business discussing innovation! You can\u0026nbsp;click here\u0026nbsp;to set a reminder.Check out our most\u0026nbsp;recent YouTube Upload o...","published_at":"2022-09-20T00:05:40Z","author_name":"Mory Katan","url":"/feed/158275","canonical_url":"https://wefunder.com/feed/158275"},{"id":158031,"entity_id":"wefunder:feed_item:158031","type":"FeedItem::Update","visibility":"public","title":"SliceSpace Update 9/12","preview":"To the SliceSpace Community,We would like to thank you each for your trust in what we are building\u0026nbsp;and for your generous support of our company. We’re excited to continue growing the SliceSpace community, and we have some great updates to share this week.Many people have been asking for a reason we decided to go with a crowdfunding strategy to allow individuals to become a part of SliceSpace Inc.\u0026nbsp;\u0026nbsp;The answer is simple - we want to create a community of passionate individuals wh...","published_at":"2022-09-13T03:18:04Z","author_name":"Mory Katan","url":"/feed/158031","canonical_url":"https://wefunder.com/feed/158031"}],"q_and_a":[{"id":294111,"entity_id":"wefunder:comment:294111","question":"If any distribution of profit sharing or income or Payback of some sort to shareholders??? How will the Payback of the loan be made to international non-accredited shareholders as income to our bank accounts or wallets?? As shareholders at least communicate with us on a bi-annually or quarterly basis or wharver is regulated by the SEC. I believe accountability, transparency and responsibility should be held to the standards of any company.","author_name":"George Simons","votes":2,"created_at":"2024-10-14T11:38:36Z","canonical_url":"https://wefunder.com/slicespace#question-294111","answers":[]},{"id":294110,"entity_id":"wefunder:comment:294110","question":"Since Jan 2023, No updates from SliceSpace.. If any distribution of profit sharing or income or Payback of some sort to shareholders??? How will the Payback of the loan be made to international non-accredited shareholders as income to our bank accounts or wallets?? As shareholders at least communicate with us on a bi-annually or quarterly basis or wharver is regulated by the SEC. I believe accountability, transparency and responsibility should be held to the standards of any company.","author_name":"George Simons","votes":2,"created_at":"2024-10-14T11:38:23Z","canonical_url":"https://wefunder.com/slicespace#question-294110","answers":[]},{"id":286570,"entity_id":"wefunder:comment:286570","question":"What is happening with SliceSpace??","author_name":"George Simons","votes":2,"created_at":"2024-07-04T06:06:56Z","canonical_url":"https://wefunder.com/slicespace#question-286570","answers":[]},{"id":279221,"entity_id":"wefunder:comment:279221","question":"....","author_name":"George Simons","votes":2,"created_at":"2024-03-20T23:45:04Z","canonical_url":"https://wefunder.com/slicespace#question-279221","answers":[]},{"id":279220,"entity_id":"wefunder:comment:279220","question":"What is happening with Slicespace???","author_name":"George Simons","votes":2,"created_at":"2024-03-20T23:44:45Z","canonical_url":"https://wefunder.com/slicespace#question-279220","answers":[]},{"id":217651,"entity_id":"wefunder:comment:217651","question":"Hello. Interesting idea. Two questions? 1) Don't you think the valuation is too high for a company with no revenue? 2) What happens to SliceSpace and to platform's investors if the Algorand Blockchain cease to exist for any reason?","author_name":"Spyridon Malanos","votes":2,"created_at":"2022-09-04T05:01:09Z","canonical_url":"https://wefunder.com/slicespace#question-217651","answers":[{"id":217798,"entity_id":"wefunder:comment:217798","answer":"Hi Spyridon, Regarding your first question: The company valuation was set with assistance from top advisors using the projected 1-year post-revenue valuation divided by 3 to create maximum upwards potential for the first-round supporters. While the company has no current revenue because the platform has not been launched yet, there is a built-out product as well as solid business relations that will result in strong revenue post-launch. As for your second question, I will let Bailey our CTO weigh in.","author_name":"Mory Katan","votes":4,"created_at":"2022-09-05T16:33:08Z"},{"id":217802,"entity_id":"wefunder:comment:217802","answer":"Hey Spyridon, In response to your second question: it wouldn't affect any of our investors directly, since for us –\u0026nbsp;Algorand is merely a ledger/database solution, and the on-chain aspects of our application will be generally abstracted away from our users. Also, since we already have our own copy of indexed data on Algorand Mainnet at all times, we would just migrate this data and all tokenized assets / schemas over to a new database or chain and re-distribute assets as needed, depending on what makes the most sense. Figuring out which payment rails to build on and process future payments (mainly daily payout processing) would probably be the biggest potential unknown – and this would also most likely have the biggest ripple effect for our users indirectly through a potential increase in transaction fees (Algorand's low fees were a huge selling point for us)... however, thankfully this is all hypothetical. Our decision to build on Algorand came after a purely objective review of all centralized, decentralized, and semi-centralized database solutions available to us –\u0026nbsp;and with 100% uptime to date, the Algorand Mainnet has never skipped a single block. Hopefully this remains the case forever – but of course from a technical perspective,\u0026nbsp;we will keep putting disaster recovery plans in place to handle potential situations like this.","author_name":"Bailey Simrell","votes":3,"created_at":"2022-09-05T17:10:36Z"}]},{"id":225912,"entity_id":"wefunder:comment:225912","question":"\" Just hours ago I had to cancel my investment payment process, because Slicespace doesn't accept international residents at this time or am I wrong? This is an excerpt on the website and I quote, \"Hi Can non-US citizens participate? Unfortunately, no. For the time being, SliceSpace is only available to US citizens and residents – though we are working with our legal and compliance teams on expanding to other countries in the future. Currently, we are preparing a Reg A+ filing to be sent to the SEC in an effort to legally register our tokens as securities. This will allow us to offer fractional ownership in commercial real estate to anyone in the United States, with more countries to be whitelisted in the coming weeks/months.\" .... Are you allowing international residents of the country of Bermuda to invest in Slicespace?","author_name":"George Simons","votes":1,"created_at":"2022-11-17T21:15:35Z","canonical_url":"https://wefunder.com/slicespace#question-225912","answers":[{"id":225922,"entity_id":"wefunder:comment:225922","answer":"George, Thank you for your question. At this time, SliceSpace Inc allows investment in the company through Wefunder to anyone across the world. As far as investments on the platform, we will have more information made public as the platform launches. We are currently working with our compliance team to make the platform available to as many people as possible. Hope that helps! Be sure to sign up for our waitlist on SliceSpace.com to be the first to know when we have an update on these types of things.","author_name":"Mory Katan","votes":1,"created_at":"2022-11-17T22:10:03Z"}]},{"id":225093,"entity_id":"wefunder:comment:225093","question":"Just hours ago I had to cancel my investment payment process, because Slicespace doesn't accept international residents at this time or am I wrong? This is an excerpt on the website and I quote, \"Hi Can non-US citizens participate? Unfortunately, no. For the time being, SliceSpace is only available to US citizens and residents – though we are working with our legal and compliance teams on expanding to other countries in the future. Currently, we are preparing a Reg A+ filing to be sent to the SEC in an effort to legally register our tokens as securities. This will allow us to offer fractional ownership in commercial real estate to anyone in the United States, with more countries to be whitelisted in the coming weeks/months.\"","author_name":"George Simons","votes":1,"created_at":"2022-11-10T01:21:25Z","canonical_url":"https://wefunder.com/slicespace#question-225093","answers":[{"id":225923,"entity_id":"wefunder:comment:225923","answer":"George, Thank you for your question. At this time, SliceSpace Inc allows investment in the company through Wefunder to anyone across the world. As far as investments on the platform, we will have more information made public as the platform launches. We are currently working with our compliance team to make the platform available to as many people as possible. Hope that helps! Be sure to sign up for our waitlist on SliceSpace.com to be the first to know when we have an update on these types of things.","author_name":"Mory Katan","votes":1,"created_at":"2022-11-17T22:10:07Z"}]},{"id":224633,"entity_id":"wefunder:comment:224633","question":"What is the price of each share?","author_name":"George Simons","votes":1,"created_at":"2022-11-03T20:15:50Z","canonical_url":"https://wefunder.com/slicespace#question-224633","answers":[{"id":224649,"entity_id":"wefunder:comment:224649","answer":"Hi George, The current price of each share is $2.47; you can find more information and full disclosures on the Details tab of this page - under the official Form C. Hope that helps - please let us know if you have any other questions!","author_name":"Mory Katan","votes":1,"created_at":"2022-11-03T22:16:39Z"}]},{"id":224632,"entity_id":"wefunder:comment:224632","question":"When will this campaign close or end ??","author_name":"George Simons","votes":1,"created_at":"2022-11-03T20:15:34Z","canonical_url":"https://wefunder.com/slicespace#question-224632","answers":[{"id":224646,"entity_id":"wefunder:comment:224646","answer":"Hey George, Thank you so much for taking the time to check out SliceSpace. We are looking to close the Wefunder campaign at the end of November with the anticipation of launching our platform shortly after. Be sure to sign up for the waitlist at www.SliceSpace.com to be the first to know about all things SliceSpace!","author_name":"Mory Katan","votes":1,"created_at":"2022-11-03T22:04:07Z"}]},{"id":217653,"entity_id":"wefunder:comment:217653","question":"Hi there how do wefunder investors make money","author_name":"Scott Cracknell","votes":1,"created_at":"2022-09-04T05:23:17Z","canonical_url":"https://wefunder.com/slicespace#question-217653","answers":[{"id":217795,"entity_id":"wefunder:comment:217795","answer":"Hey Scott, Wefunder investors benefit when SliceSpace Inc grows operations and increases in value over time. Please see the below copy from the Wefunder FAQ for their explanation: \"Stock, No Dividends. When a startup is at a stage where they can afford to pay lawyers tens of thousands of dollars, they will do a \"priced round\". Like the stock market, you are buying equity at a fixed price per share. If the company is successful, the value of the stock can increase with each subsequent round of financing, until the company is acquired or goes public. Then you earn a return.\"\"","author_name":"Mory Katan","votes":1,"created_at":"2022-09-05T15:54:42Z"}]},{"id":252318,"entity_id":"wefunder:comment:252318","question":"It has been awhile since an update. How far to launch ?","author_name":"Garrett Barnes","votes":0,"created_at":"2023-06-30T18:26:06Z","canonical_url":"https://wefunder.com/slicespace#question-252318","answers":[{"id":256851,"entity_id":"wefunder:comment:256851","answer":"Hello Garrett! Thank you for reaching out. We are looking to launch towards the end of this month, be sure to sign up for our waitlist on SliceSpace.com to be the first to know.","author_name":"Mory Katan","votes":0,"created_at":"2023-08-02T18:23:15Z"}]},{"id":232256,"entity_id":"wefunder:comment:232256","question":"Hi, I saw some questions here but still not clear to me. Are you allowing non-US investors? Is this a Reg S offering as well?","author_name":"Ekin Gunel","votes":0,"created_at":"2023-01-25T16:58:47Z","canonical_url":"https://wefunder.com/slicespace#question-232256","answers":[{"id":232269,"entity_id":"wefunder:comment:232269","answer":"Hello Ekin, Thank you for your question. We are currently raising a Reg CF for SliceSpace Inc. on Wefunder - this is open to individuals BOTH in the US as well as outside. The documentation on the SliceSpace.com website refers to the actual platform itself. We are actively working to launch a product that will be available to as many people as possible, more information to follow once the application is live. Thank you again for taking the time to evaluate SliceSpace, be sure to sign up for the waitlist on SliceSpace.com to be the first to know about all the new updates!","author_name":"Mory Katan","votes":0,"created_at":"2023-01-25T19:21:56Z"}]},{"id":231670,"entity_id":"wefunder:comment:231670","question":"Can you still invest in Slicespace at the same market price even if allow you current investment in the rolling close? I was strongly thinking of adding money in the investment prior to the round closing January 27th. Thanks!","author_name":"Herman Lee Spencer","votes":0,"created_at":"2023-01-19T04:51:07Z","canonical_url":"https://wefunder.com/slicespace#question-231670","answers":[{"id":232165,"entity_id":"wefunder:comment:232165","answer":"Hello Herman, Thank you for your question. The Crowdfunding ability to invest in this round of SliceSpace's offering will be closing on Wefunder on January 27th. Thank you for taking the time to review our offering!","author_name":"Mory Katan","votes":0,"created_at":"2023-01-24T22:38:56Z"}]},{"id":230091,"entity_id":"wefunder:comment:230091","question":"When is it estimated to be launching?","author_name":"Garrett Barnes","votes":0,"created_at":"2023-01-01T07:55:32Z","canonical_url":"https://wefunder.com/slicespace#question-230091","answers":[{"id":231637,"entity_id":"wefunder:comment:231637","answer":"Hello Garrett, We are looking to launch in the coming weeks with a pre-voting platform and in the coming months with the full application. Please sign up for our waitlist on www.SliceSpace.com to be the first to find out about all things SliceSpace!","author_name":"Mory Katan","votes":0,"created_at":"2023-01-18T23:00:58Z"}]},{"id":229119,"entity_id":"wefunder:comment:229119","question":"This question relates to the \"Slice tokens\" that SliceSpace with issue. How will SliceSpace with deal with the upcoming changes with Crypto a security in the future or does does the company have a business plan that reflects these changes; if, or when they happen? As always, thank you for your time.","author_name":"Harry Lott","votes":0,"created_at":"2022-12-20T21:16:55Z","canonical_url":"https://wefunder.com/slicespace#question-229119","answers":[{"id":229302,"entity_id":"wefunder:comment:229302","answer":"Hello Harry, thank you so much for taking the time to ask your question. At this time, SliceSpace has no intention of creating a publically tradable tokens. Any utilization of blockchain is strictly 'under the hood', and assets cannot be taken off of the platform to be traded. Ultimatly, because everything on the platform is denominated in major FIAT currencies (USD, EUR, etc), the fluctuation of Crypto has no impact on the platform or assets within. SliceSpace belives that further regulation of the space is critical for the growth of the market and the establishment of trust in the space - we have been working tirelessly to make sure that everything on SliceSpace is completely in line with regulators. Please be sure to sign up for our waitlist to be the first to hear about all things SliceSpace!","author_name":"Mory Katan","votes":0,"created_at":"2022-12-22T18:14:52Z"}]},{"id":227332,"entity_id":"wefunder:comment:227332","question":"Hey Mory. Slicespace.com says that I will be issued a K-1 tax form at the end of the year. My question is, will the income from Slicespace.com be considered a dividend or some other type of income (rental/real estate income)?","author_name":"Dillon Denver Joseph","votes":0,"created_at":"2022-12-02T00:57:18Z","canonical_url":"https://wefunder.com/slicespace#question-227332","answers":[{"id":228617,"entity_id":"wefunder:comment:228617","answer":"Hello Dilon, Thank you for a great question. At this time we are working closely with all of our tax specialists and partners in the space to find the best answer to this question that would most benefit SliceSpace users. Will have all details explained at the time of the product launch - be sure to sign up on our waitlist to be the first to know about all things SliceSpace!","author_name":"Mory Katan","votes":0,"created_at":"2022-12-14T19:50:54Z"}]},{"id":227163,"entity_id":"wefunder:comment:227163","question":"Hi Mory, Thanks again for your response. It is good to know that SliceSpace has thought about these issues BEFORE product launch. Last question: how does SliceSpace ensure that small retail investors receive the best possible price for their commercial real estate holdings in the event that SliceSpace ceases to exist? You mentioned below that the process happens \"programmatically\" at the market rate. Does that mean that the asset bundles are automatically sold to large institutions who have an existing account with SliceSpace? Or will SliceSpace shop for the best-execution bid in less liquid secondary markets?","author_name":"Spencer Stone","votes":0,"created_at":"2022-11-29T13:05:30Z","canonical_url":"https://wefunder.com/slicespace#question-227163","answers":[{"id":229019,"entity_id":"wefunder:comment:229019","answer":"Hi Spencer, Yes, in the event of liquidation, selling the asset bundles is done programmatically at the market rate. In this case, SliceSpace will engage with large financial institutions, who then bid on the asset in bundles or as individual assets at the rate established by a 3rd party appraisal. It is important to note that this is last measure resort and will most likely not be triggered due to the given business structure. Thank you for your insightful questions as always!","author_name":"Mory Katan","votes":0,"created_at":"2022-12-19T20:36:14Z"}]},{"id":226041,"entity_id":"wefunder:comment:226041","question":"Mory, Thank you for your response to my previous questions. My understanding is that SliceSpace will collect the aggregate rent payments owed to participants on the platform from the majority owners, and then distribute those rent payments out to SliceSpace users. If SliceSpace ceases to exist, how would the users continue to collect their share of rent payments? Furthermore, what are the specific details by which a small retail investor would be able to sell their commercial real estate holdings to a large institutional investor? I think it's unlikely that a large buyer would be interested in buying a couple thousand dollars worth of commercial real estate. Several small retail investors would have to make a coordinated sale to a single large buyer. If SliceSpace ceases to exist and it becomes difficult for small retail investors to sell or collect rent, then the price of their holdings would drop significantly. Is it possible to get a few large institutional investors to commit to buying the holdings (at a reasonable price) in the event that SliceSpace ceases to exist? Sounds like you are currently working on these issues. Looking forward to hearing your reply.","author_name":"Spencer Stone","votes":0,"created_at":"2022-11-18T14:45:54Z","canonical_url":"https://wefunder.com/slicespace#question-226041","answers":[{"id":227131,"entity_id":"wefunder:comment:227131","answer":"Hello Spencer, thank you for taking the time to ask these questions - really helps clarify the platform for many individuals. Per your questions: Should SliceSpace Cease to exist, the company would undergo a sales process on the equity bundles on each property. Each asset bundle would be sold to a single buyer (very conventional process) - at market rate, and proceeds would be allocated proportionally to Slice owners. The platform has built-in functionality to make sure the entire process happens programmatically and securely. Hope that answers your questions! Thank you again for taking the time to evaluate SliceSpace - looking forward to launching an incredible platform with your support!","author_name":"Mory Katan","votes":1,"created_at":"2022-11-28T23:16:21Z"}]},{"id":225639,"entity_id":"wefunder:comment:225639","question":"What happens to investor (i.e. SliceSpace user) holdings if SliceSpace ceases to exist? Who would service the rent payments? How difficult would it be to liquidate the holdings? I'm particularly concerned about small retail investors being able to get out of their commercial real estate holdings.","author_name":"Spencer Stone","votes":0,"created_at":"2022-11-16T14:29:42Z","canonical_url":"https://wefunder.com/slicespace#question-225639","answers":[{"id":225929,"entity_id":"wefunder:comment:225929","answer":"Spencer, Thank you for your question, as this is a very valid concern for SliceSpace. A few things that are very important to note: SliceSpace does not leverage deposits or other assets and all assets are backed by REAL real estate. Should a liquidation event need to occur for any reason, users will be able to recoup a majority of funds as they are backed. The holdings are pretty straightforward commercial real estate assets traditionally held by larger institutions, so all would be able to be resold in a traditional fashion to larger buyers. Hope that helps! Be sure to sign up for our waitlist on SliceSpace.com to be the first to know when we have an update on these types of things.","author_name":"Mory Katan","votes":0,"created_at":"2022-11-17T22:18:05Z"}]},{"id":224890,"entity_id":"wefunder:comment:224890","question":"What will be the minimum investment in a \"slice\" of the commercial real estate? Will there be automatic reinvestments on the Slicespace platform?","author_name":"Dillon Denver Joseph","votes":0,"created_at":"2022-11-07T13:54:16Z","canonical_url":"https://wefunder.com/slicespace#question-224890","answers":[{"id":224892,"entity_id":"wefunder:comment:224892","answer":"Hello Dillon, Great questions! We are looking to bring down the cost of a 'Slice' as low as possible, probably just a few dollars - though this will probably vary for each property. As far as an automatic reinvestment, Yes! We are working on various cool new features of the platform and will be updating everyone with details once live!","author_name":"Mory Katan","votes":1,"created_at":"2022-11-07T14:31:10Z"}]},{"id":222776,"entity_id":"wefunder:comment:222776","question":"Hi Mory. Thank you for the details answers. Just to clarify, my question about valuation and exit strategy is for the company Slicespace not the slices.","author_name":"Minh Le","votes":0,"created_at":"2022-10-19T07:16:27Z","canonical_url":"https://wefunder.com/slicespace#question-222776","answers":[{"id":224663,"entity_id":"wefunder:comment:224663","answer":"Hi Minh, Hope the answers in our other thread (under the Valuation Discussion Video) provide some clarity in regard to your questions. Thank you again for taking the time to evaluate SliceSpace!","author_name":"Mory Katan","votes":0,"created_at":"2022-11-03T22:37:44Z"}]},{"id":222654,"entity_id":"wefunder:comment:222654","question":"I am on the edge of investing but my friend told me what is the vetting process to make sure the owner/management of the company doesn't inflate the operating expense to avoid paying out dividend. Also, what is your exit strategy? Groundfloor take a long time to arrive at current valuation which is quite long. I don't want to wait 10+ years for liquidity. I just listen to the interview today and it is helpful. What is financial instrument you are talking about on top of slices and debt instrument? Are you talking about option or some sort? Help us investors get excited about potential valuation and incoming/possible products.","author_name":"Minh Le","votes":0,"created_at":"2022-10-18T07:13:29Z","canonical_url":"https://wefunder.com/slicespace#question-222654","answers":[{"id":222758,"entity_id":"wefunder:comment:222758","answer":"Hello Minh, Thank you so much for taking the time to ask your questions, we really do hope you move forward with your decision to be a part of SliceSpace. I'll do my best to answer each of your questions below. The vetting process for property managers: We actually have a really great team that vets every single one of our property managers. We like to take a look at their previous experience, as well as their portfolio of properties, and talk to references. We also have a pretty extensive application process that they have to go through. Once we approve them, we send them a welcome packet with all of the information they need to succeed. The exit strategy: Our exit strategy is actually pretty simple. We want to make sure that our investors are getting the best possible return on their investment. As a platform we allow for the constant trading of each asset so a traditional exit is not required - if you want to sell, you can do so at any time on the platform. Should a primary on the property decide to sell, all assets will be clawed back and paid in accordance with the percentage of ownership in relation to the value of the sale. Additional products: We are always looking for ways to improve our platform and offer more products that will benefit our investors. We are currently working on a few new elements that we will be releasing in the coming months - not really allowed to say more at this time but it is very exciting! the elements you touched on in your question are definitely included in the suit of updates --- More to come! Looking forward to hearing your feedback! Have a great day, Mory","author_name":"Mory Katan","votes":0,"created_at":"2022-10-19T03:00:34Z"}]},{"id":222518,"entity_id":"wefunder:comment:222518","question":"How many shares of slicespace do I get for investing $100 dollars","author_name":"Francisco Orozco","votes":0,"created_at":"2022-10-16T22:53:50Z","canonical_url":"https://wefunder.com/slicespace#question-222518","answers":[{"id":222751,"entity_id":"wefunder:comment:222751","answer":"Hello Francisco, Great question - at this point the shares are selling for $2.47 each. Wefunder should be contacting each investor once the round is completed with the final documents. Thank you again for your interest!","author_name":"Mory Katan","votes":0,"created_at":"2022-10-19T02:40:45Z"}]},{"id":221782,"entity_id":"wefunder:comment:221782","question":"who’s working on filling these premises with tenants or businesses?","author_name":"Aslam Amin","votes":0,"created_at":"2022-10-11T09:41:02Z","canonical_url":"https://wefunder.com/slicespace#question-221782","answers":[{"id":222235,"entity_id":"wefunder:comment:222235","answer":"Hello Aslam, Thank you for the questions, the respective property management company will fill the properties. SliceSpace will be conducting regular check-ins and yearly audits of the management companies to ensure all reported information is accurate.","author_name":"Mory Katan","votes":0,"created_at":"2022-10-14T01:24:03Z"}]}],"faq":[{"question":"I need to understand how you can make payouts everyday and how sustainable is this?","answer":"Hi Robert, we issue out payments daily to an account balance stored for each user on the SliceSpace platform. Users can then withdraw this balance instantly or through a traditional bank transfer, whenever they'd like –\u0026nbsp;or they can put this balance towards re-investing into more Slices on the platform. All of the processing internally runs on the Algorand network, which has very low fees and high throughput... technically speaking, this is how we're able to process such a high volume of ..."},{"question":"Hello Team, how far along are you all with product development? Do you have a set timeline and or time frame for launch? How large is your current waitlist? How many people on your team are fulltime and or contract workers? I noticed some of the names you provided don't have y...","answer":"Hey Raymond! Thank you for the great questions, please see below for answers to each: How far along are you all with product development? Our product is in its final leg of development and will be moving to the auditing phase in the coming weeks. Do you have a set timeline and or time frame for launch? So this project entails two primary challenges the team had to overcome: Technology and Legal. As far as the technology, the team has extensive experience in the Web 3 space, so the development..."},{"question":"Hello. Interesting idea. Two questions? 1) Don't you think the valuation is too high for a company with no revenue? 2) What happens to SliceSpace and to platform's investors if the Algorand Blockchain cease to exist for any reason?","answer":"Hi Spyridon, Regarding your first question: The company valuation was set with assistance from top advisors using the projected 1-year post-revenue valuation divided by 3 to create maximum upwards potential for the first-round supporters. While the company has no current revenue because the platform has not been launched yet, there is a built-out product as well as solid business relations that will result in strong revenue post-launch. As for your second question, I will let Bailey our CTO w..."},{"question":"Hi there how do wefunder investors make money","answer":"Hey Scott, Wefunder investors benefit when SliceSpace Inc grows operations and increases in value over time. Please see the below copy from the Wefunder FAQ for their explanation: \"Stock, No Dividends. When a startup is at a stage where they can afford to pay lawyers tens of thousands of dollars, they will do a \"priced round\". Like the stock market, you are buying equity at a fixed price per share. If the company is successful, the value of the stock can increase with each subsequent round of..."},{"question":"What happen if the property management company fail to make profit? How do you launch 100 properties in 24 months? That number is a little high. Where is your capital? Is raising regular A+ for per property?","answer":"Hello Mihn, Thank you so much for your questions, will try to get back to each one: What happens if the property management company fails to make a profit? The role of SliceSpace is to become the marketplace for properties while reporting every detail on the property in an open and transparent way. Should the management company fail to make a profit, this will become quickly apparent through the reporting. SliceSpace does not manage or control the properties, we are simply the marketplace whe..."}]}}}