The Legal Structure
The Hard Part
The Legal Structure
Real estate is a physical, legally regulated asset. Before a property can be represented on a blockchain, it must first be wrapped inside a legal structure that makes tokenized ownership legally valid and enforceable. SurgeXRP does this through the DAO LLC model.
Each property listed on SurgeXRP will be held by a dedicated DAO LLC, a special purpose vehicle designed to hold a single real estate asset.
The DAO LLC issues a fixed number of ownership tokens, which are then made available for investment on the SurgeXRP marketplace.
By purchasing property tokens, investors acquire a legally recognized fractional ownership interest in the DAO LLC and through it, the underlying property.
This structure provides investors with real legal rights to the income and value generated by the asset.
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