How AssetSlices RWA Works — From Property to Passive Income
1. Buying the property
AssetSlices sets up a special company (SPV) just for one property.
This company buys the property from a developer (could be off-plan or ready).
Each property has its own SPV so if something goes wrong, it doesn’t affect other properties.
2. Breaking it into “slices”
Instead of selling the whole property to one person, AssetSlices splits it into small fractions (slices).
Each slice is represented by a digital token on the blockchain — think of it as a secure digital certificate of ownership.
If you buy a slice, you legally own part of the SPV that owns the property.
3. Investor onboarding
To invest, people must pass KYC (Know Your Customer) checks — upload ID, prove who they are, and meet local rules.
Only approved investors can hold or trade these tokens.
4. Construction & payments
(If the property is still being built)
Investors’ money is held in a secure escrow account.
The money is only released to the developer in stages as the building progresses (foundation, structure, finishing).
Independent verifiers (nodes) confirm each stage before payments are released.
5. Property generates income
Once the property is complete, it’s rented out or sold.
Rental income goes to the SPV’s bank account.
This money is then converted to digital dollars (USDC) and sent to the blockchain.
6. Automatic income sharing
The blockchain system calculates exactly how much each token holder should get based on how many slices they own.
Holders can claim their share of rent directly to their wallet.
Everything is transparent — you can see the transactions on the blockchain.
7. ASL token (platform token)
Separate from property tokens, there’s a platform token called ASL.
It’s used for:
Running the network of independent verifiers (nodes)
Voting on platform rules
Getting discounts on fees
ASL holders can stake their tokens to help operate the network and earn rewards.
8. Service Nodes (independent verifiers)
These are trusted participants who:
Check KYC approvals
Confirm construction progress
Verify rent and income reports
Publish payout calculations
Nodes are rewarded with part of the platform fees (in USDC) and ASL tokens.
If they cheat, their staked ASL can be taken away (slashing).
9. Fees and buybacks
The platform charges small fees on property sales, rental distributions, and secondary trades.
Fees are split into:
Rewards for nodes
Platform treasury
Buyback of ASL tokens
Either burned (reducing total supply, making tokens rarer)
Or held in treasury for future use
10. Selling your slices
You can sell your property tokens on a regulated marketplace (only to other approved investors).
Prices are based on demand, property performance, and market conditions.
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