Real Estate Co.

Our plan is to own multi-unit properties with 75%-100% equity. Done properly, this allows us to build a stream of steady cash flow from each property, with little to no leverage. In time, this gives us the ability to reserve a percentage of rooms at each property to lease to our Gold Pass holders, and still build a sustainable, long-lasting business.

We aim to start with 20% of the rooms reserved for gold pass bookings once the feature is launched. This number can change over time.

We are exploring options similar to a REIT for the structure of this side of the business.

Our revenue will come from traditional rental income and royalties from Silver Pass and Gold Pass sales.

Fundraising

This idea is in the works to fund our initial property:

A digital PFP collection, size TBD. Price TBD. Once released, the collectible holder will receive a credit airdropped quarterly until chosen expiry (3-5 years). This credit can be redeemed to upgrade a bulk amount of points (ex. 200pts) on a Silver Pass.

Example: The sale price per collectible at launch is $500. Every quarter, the current owner of the collectible is sent 1 credit coin. This credit can be burned for an increase of 200 points on a Silver Pass.

Why purchase this collectible?

We are trying to provide a way for our initial supporters to save time on earning a Gold Pass. At a current maximum reward of 18 COOP a night, it will take around 15 years to earn enough COOP for 100,000 points.

Keep in mind this is time that needs to be spent renting our units. If you are not making rental payments, the only way to get COOP is on the open market.

By buying into this collection, a person has the opportunity to accumulate points without renting.

Note

This collection does not act as a pass. You will still need a Silver or Gold Pass to make a booking.