The American dream has largely been described in tandem with a booming middle class. Yet, the middle class has been shrinking for quite some time. The growing divide between the .1% and the middle class has increased year over year since the end of the 1970s. As of Sep 2022, the .1% of America own about the same amount of wealth as 90%. The top 0.1% is fewer than 200,000 families. The bottom 90%? About 110 million households.
There are many factors that play into this increasing wealth gap: A deteriorating public education system, access to capital, inequality of opportunity, tendencies for instant gratification as well as others. Many invest into stocks, ETFs and bonds but only a small amount of people have the financial ability to invest into larger cash producing assets such as multi tenant housing, energy production infrastructure, and private commercial alternatives simply because they do not have enough money to enter the market.
AssetFly was created for purpose of narrowing the wealth gap by allowing users to invest into assets like the .1%. Here's an example:
AssetFly promotes the purchase of a self storage building located in high residential area of Winter Park, FL to platform users. This self storage building costs $10 million to purchase and is expected to have a yearly cash return of 9%. Once the $10 million has been raised and the asset purchased, ownership tokens are distributed to those who originally funded the self storage building. For this case, 200,000 tokens are created, each initially worth $50 and each legally representing 1/200,000 of ownership in the asset. A user, Bob, commits $200 to the fund and upon the funds completion receives 4 tokens. Bob is now a minority owner with a .002% stake in the asset. After the first month, he begins to receive his portion of the cash produced by rental units in the self storage building that is expected to be a yearly 9% return on his invested amount $200. After one year,Bob is notified of a new appraisal where he learns that the total value of the asset increased from $10M to $15M, a 50% increase in value. Bobs 4 tokens are now worth a fair value of $75 each totaling his ownership value at $300. Bob initially invested $200 but now has about $320 since he received cash flow and appreciation. Bob knows the market is hot and he might be able to sell the token for above fair value. He lists each token for sale at $85 a token. Susan, another user, is looking to invest and purchases Bob's tokens. Bob is given $340 in exchange for his tokens. Susan now has an ownership stake in the asset and benefits in the same way as Bob.
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Receive a $25 credit for you first investment when you submit you email for the Early Access.
