Tokenization for social impact with Crypto Snack
Social problems such as homelessness, taking care of the elderly, special needs children etc (generally, the care sector) are usually solved by local authorities and charitable organizations.
But businesses and private enterprises could get involved too, in particular, in providing the accommodation needed in the care sector, as this is already a challenge for local authorities.
Safe As Houses is a property investment company based in the UK that specializes in long term income generating leases especially in the care sector. Safe As Houses works with local authorities to solve the problem of shortage of accommodation for various walks of life.
Traditionally they’ve created buildings and accommodation and sold these to real estate investment trusts. These trusts however buy only very good institutional grade investments. It’s prohibitive when you consider the scale of the accommodation needed for the vulnerable.
Safe As Houses has now created investments that any property investor can get involved in from some of the smallest amounts. These investments are made for children with special needs, learning difficulties and those from special backgrounds.
Now Safe As Houses uses established care providers, working with some of the biggest organizations in the UK for their properties. This ensures the vulnerable people who are the actual end users are properly taken care of.
Crypto Snack makes investment grade assets accessible to the average person through tokenization.
Crypto Snack offers long-term contracts with tenants of its commercial properties, which provide a steady stream of rental income. These contracts are designed to be inflation-protected and have no void periods, which means investors can rely on a stable income stream.
Besides this steady stream of income, investors can also stake their tokens on Blocksquare’s Oceanpoint, where Crypto Snack has a staking pool, hence boosting their returns.
There’s potential for Safe As Houses to grow very huge as they see the possibility of rolling out via Crypto Snack Community.
This should be a next step as it would bring this closer to people who actually care about this where they can invest directly and have actual impact in the real world.
Institutions are very quietly talking about RWA tokenization among themselves. Companies like Black Rock, JP Morgan, City Bank and HSBC. They’re all into tokenization but it’s not widely known, so it will definitely be huge in the future.
It’s something definitely worth looking into.