I need to understand how you can make payouts everyday and how sustainable is this?

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 – 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 ...

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...

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...

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?

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...

Hi there how do wefunder investors make money

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...

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?

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...

SliceSpace Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

Committed to launching 100 properties in the first 24 months

$5M+ of equity allocated across multiple properties to be listed upon product launch

Received development grant for $150k from the Algorand Foundation

Legal and regulatory headway with a documented action plan

8 full-time employees with experience in Web3 technology and commercial real estate

An extensive waitlist with over 25% growth month over month

Partners include: Algorand, Odin Properties, and the Levan Center of Innovation

Addressing a fundamental issue in the $33 trillion commercial real estate industry

SliceSpace

A marketplace for commercial real estate ownership

$161,387

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