At BitStake, we ensure that developers are fairly compensated for their efforts in listing properties on our platform. Here's a detailed explanation of how developers are paid after listing their properties:

1. Listing Process:

• Developers list their properties on the BitStake platform, providing comprehensive details about the properties, including location, amenities, and pricing per fractional ownership.
• A listing fee of 2.6% is charged to developers upon successful sale of all fractions of the property. This fee covers the cost of hosting the platform, managing transactions, and providing support services.

2. Sales Performance:

• Once a property is listed, developers monitor its sales performance over a predetermined period, typically between 60 to 90 days.
• If the property fails to sell all fractions within the specified timeframe, BitStake may choose to delist the property. In such cases, investors are refunded their investment amounts, and the property is removed from the platform.

3. Payment to Developers:

• If a property achieves a satisfactory sales performance, developers are entitled to payment based on the percentage of fractions sold.
• For example, if 81% of the fractions are sold within the specified timeframe, BitStake agrees to pay the developer for the sold fractions.
• The remaining 19% of unsold fractions are converted into Non-Fungible Tokens (NFTs) and airdropped to the developer's wallet as a form of compensation for their efforts.

4. Developer Compensation:

• Developers receive payment for the sold fractions in accordance with the agreed-upon terms and conditions outlined in their developer agreement with BitStake.
• Payment is typically made through secure and efficient payment methods supported by BitStake, ensuring timely and hassle-free transactions.

5. Ongoing Support and Collaboration:

• BitStake continues to support developers throughout the listing process and beyond, offering guidance, resources, and assistance as needed.
• Developers are encouraged to engage with the BitStake community, participate in developer forums, and collaborate with other stakeholders to maximize the success of their listings.

Conclusion:

At BitStake, developers are rewarded for their contributions to the platform through fair and transparent compensation mechanisms. By aligning incentives and providing ongoing support, BitStake fosters a collaborative environment where developers can thrive and succeed in their real estate endeavors. Join BitStake today and unlock the potential of fractional real estate investment as a developer.