PRYPCO Mint uses blockchain-based tokens to represent fractional ownership in properties, offering digital efficiency and liquidity through its integrated marketplace.
PRYPCO Mint is currently only available for Emirates ID holders.
PRYPCO Blocks uses a traditional fractional ownership model with a Special Purpose Vehicle (SPV). Investors own shares of the property held by the SPV, making it accessible to a broader range of international and resident investors.
PRYPCO Blocks is available for UAE residents and non-residents.
PRYPCO Mint
Mechanism: Investors buy digital "tokens" on a blockchain, which legally represent a share of a property.
Technology: Uses the XRP Ledger blockchain for transparent, secure transactions and to maintain a record of ownership.
Accessibility: Currently requires a valid Emirates ID for participation.
Liquidity: Provides a marketplace for investors to buy and sell tokens easily.
Efficiency: Employs a fully digital process, from investment to income tracking, with automatic monthly payouts of rental income.
Government Regulated: PRYPCO Mint is regulated by VARA (Virtual Assets Regulatory Authority)
PRYPCO Blocks
Mechanism: Investors purchase shares (Blocks) of a property, and the property is owned by a Special Purpose Vehicle (SPV) in which the investors are also owners.
Technology: A traditional crowdfunding model for fractional ownership, not directly using blockchain for ownership.
Accessibility: Designed for broader appeal, allowing both UAE residents and international investors to enter the Dubai real estate market.
Liquidity: Offers structured opportunities to buy and sell shares through its "Exit Windows," which occur twice a year.
Structure: The SPV structure provides a clear ownership route for fractional ownership of properties.
Government Regulated: PRYPCO Blocks is regulated by DFSA (Dubai Financial Services Authority)
💡 Tip
For PRYPCO Mint, get in touch with the team at support.mint@prypco.com.
For PRYPCO Blocks, get in touch with the team at discover.blocks@prypco.com.