Advice on of a new platform

[Brandon Beller]

Hello fine people of BiggerPockets,

I recently stumbled upon a startup, which is far as I can tell, looks similar to something like a Fundrise, just using the blockchain and tokenized real estate shares for cheap, and I’ve been contemplating getting into it. I have a feeling that this is a scam, but they have been able to secure venture funding however.

However, I have some questions for those of you who know more than I do. For one, is my assessment of what it essentially is accurate, or am I way off base? Also, do any of you have any first hand experience with them/stories you can share? I want to make sure I’m not getting involved in some sort of scam before I spend any fiat on it. Thank you all in advance for the replies, and hope everyone had a fantastic Saturday!

[Chris Seveney]

@Brandon Beller

Would need the name of the company…

There are firms out there now like arrived homes and others who went through the sec to get qualified and started doing this.