What is Groundfloor's Crypto Beta Program?
Groundfloor's Crypto Beta Program is an innovative initiative designed to offer investors unique opportunities to engage with our platform using cryptocurrency. This program introduces two distinct methods for investing: Method 1 involves using USDC as a payment method, while Method 2 allows investors to trade LRO NFT Tokens on select third-party exchanges.
How do I participate in the Crypto Beta Program?
To participate, simply sign up for the Crypto Beta Program on our platform. Once enrolled, you can choose between Method 1 (USDC payments) or Method 2 (LRO NFT Token trading) based on your investment preferences.
What is USDC, and how does it work as a payment rail?
USDC (USD Coin) is a stablecoin pegged to the US dollar. Investors can fund their Groundfloor investments using USDC. When it's time for repayment, investors have the flexibility to transfer out their returns in USDC.
Tell me more about Your NFT Beta Program. How does it work?
Our NFT beta program involves buying and trading NFT Tokens on third-party exchanges. Upon investment repayment, investors must register these tokens with Groundfloor. The registration process includes AML and KYC checks to verify the investor's identity and ensure a secure repayment process.
Why should I choose the NFT Beta Program?
The NFT Beta Program offers investors: Innovation: Stay at the forefront of financial technology with our crypto investment options. Flexibility: Choose the method that aligns with your investment preferences. Security: Rigorous AML and KYC checks prioritize your safety and safeguard your investments.
Can I switch between using USDC and the NFT beta program?
Sure! Each program is independant of the other and can be used interchangeably. You can switch between the two methods at any time.
Is there a minimum investment required for the NFT Beta Program?
No, each of the NFT tokens will be listed on 3rd party platforms at par value. You can purchase as many or as few as you like. Any secondary sales of tokens are up to the buyer and seller, and Groundfloor does not participate in those transactions.
What support is available for participants in the NFT Beta Program?
Groundfloor is committed to providing comprehensive support to participants. Our customer support team is available to assist with any queries or concerns related to the NFT Beta Program.
When does the NFT Beta Program launch, and how long will it run?
The launch date and duration of the NFT Beta Program will be communicated through official channels. Stay tuned for announcements on our platform and other communication channels.