what's Lofty?

Lofty is a Y Combinator-backed platform that tokenizes U.S. real estate properties on the Algorand blockchain, enabling fractional ownership for as little as $50 per token. Investors receive daily rent distributions from tokenized rental properties, including single-family homes, vacation rentals, and land parcels across multiple states. The system uses Algorand's scalability for low-cost, instant settlements without requiring users to manage crypto wallets directly—purchases can be made via credit card or ACH. Key features include a secondary marketplace for trading tokens, automated market makers (AMMs), and liquidity pools for enhanced liquidity. Properties are vetted by AI and co-owned by token holders who vote on decisions like leasing or improvements, democratizing access to real estate investing traditionally limited by high entry barriers and illiquidity.

Lofty_ai is a residential fractional platform enabling retail investors to buy rental housing shares.