LUFINA
WHITE PAPER
www.lufina.com
LUFINA:
THE FIRST PLAY TO EARN RWA PLATFORM -
MAKING REAL ESTATE INVESTING
ACCESSIBLE TO EVERYONE
Lufina disrupts the status quo and makes real estate investment accessible, transparent,
and highly liquid for everyone through tokenization. Altogether, the real world asset
tokenization industry was valued at $300 billion in 2023 and is expected to reach $10
trillion by 2030 (Roland Berger Report, 2023). So far, several jurisdictions, which include
the European Union, Japan, Singapore, and the United Kingdom, have implemented
regulations that dictate the use of digital assets. Growing global regulations will foster
the growth of the digital asset industry.
In this context, Lufina presents an arsenal of groundbreaking solutions, comprising of
different Play to Earn RWA games, the Lufina Marketplace, Lufina Lend, Lufina Pay, and
FINA Token, all developed specifically to enhance the investment experience and
empower our clientele. Besides, the integration of the FINA token strengthens this
ecosystem, giving investors additional incentives and benefits.
The journey with Lufina starts with a simple tap to earn game and spans tokenization,
partnership, and management, ensuring that each step is transparent, efficient, and
aligned with user interests. Lufina's Real Estate Marketplace, with its fractionalized
ownership property tokens, brings a new level of liquidity to the market, allowing for
smoother and faster transactions.
01
CHALLENGES IN THE REAL ESTATE
MARKET
Over the past 18 months, global real estate investing has seen significant changes due to
economic shifts, financing, and risk assessments. These changes are driven by factors
such as debt financing, interest rates, and evolving risk-free rate benchmarks. Investors
are now reevaluating capital allocations within real estate based on shifting risk and
opportunity dynamics.
High Upfront Costs
Real estate investment is often seen as a lucrative avenue for wealth accumulation;
however, it remains largely inaccessible to many due to the substantial upfront payment
requirements. With increasing worldwide property values, participation in the real estate
market has become even more distant for most.
Lengthy Sales Process
Real estate transactions often require months or even years to complete, leading to
prolonged periods of uncertainty and reduced flexibility for investors. In 2023, the impasse
between prospective buyers and sellers regarding pricing frequently halted dealmaking,
generating a transaction volume decline that persisted throughout the year (MSCI, 2023).
Credit Requirements
Access to real estate investment is further impeded by strict credit requirements imposed
by lenders and financial institutions. Statista (2024) further indicates that the market has
cooled due to soaring inflation and some of the highest mortgage interest rates recorded
in the past 10 years.
Lack of Liquidity
Real estate investments suffer from a lack of liquidity, from lengthy time spans finding
the right buyer to the difficulty going through the banks’ due diligence process, it makes
real estate investments less attractive to investors seeking more agile assets.
02
SOLUTIONS OFFERED BY LUFINA
Driven by the persistent issues that hinder the real estate market, Lufina introduces
tokenization as a force that becomes accessible to any aspiring investor. Lufina deploys
real estate tokenization, pertaining to the process wherein an asset is divided into
numerous NFT digital tokens, each of which symbolizes the underlying property along with
its associated value rights and obligations. All property NFT tokens are given away as
prizes in Lufina’s different play to earn games. Property NFTs can then be held to receive
passive rental income or sold to other users on the Lufina Marketplace. All legal
documents pertaining to a property is publicly available on the Lufina website, creating an
immutable and transparent record of ownership and rights.
Reducing High Upfront Payment Requirements
Lufina disrupts the pattern of high initial capital requirements by allowing
individuals to start building an international real estate portfolio by winning
real estate backed NFTs through its play to earn games or purchasing them
on Lufina’s secondary marketplace for as little as $50 USD.
Overcoming Good Credit Requirements
Traditionally, the purchase of a property must be funded with the full purchase
price of the property, which is not available to most of us. Therefore, bank
loans must be used to make these purchases, but buyers must meet rigid
credit requirements to access these bank loans. Lufina's model eliminates the
rigid credit requirements often associated with real estate investments. By
fractionalizing the ownership of the properties, anyone can start building an
international real estate portfolio by winning play to earn games or with just
$50 USD.
03
Enhancing Liquidity and Efficiency
Functioning as a marketplace, Lufina mitigates the challenge of real estate
illiquidity. The platform hosts property listings from diverse sources, including
real estate agents, turnkey providers, wholesalers, and home flippers. In turn,
this diversity of listings enhances market liquidity, offering a broad range of
properties that can be bought or sold efficiently compared to traditional
methods, potentially reducing the time required to find suitable buyers or
sellers.
Transparency and Accessibility to Data
Lufina promotes transparency by mandating appraisals, signed purchase
agreements and legal contracts for properties listed on its platform. It
provides public access to this data, enabling investors to make informed
decisions. As a domino effect, the accrued transparency builds trust and
confidence among investors since they have access to critical information
before committing to an investment.
04
LUFINA REAL ESTATE MARKETPLACE
(LUFINA MARKETPLACE)
Real Estate Marketplace: Democratizing Ownership
The Lufina Marketplace is a secondary marketplace that redefines
the traditional real estate investment model by eliminating the high
cost of entry barriers. We achieve this by tokenizing each property
into a specific number of real estate backed Property Token Non-
Fungible Tokens (NFTs), each representing a share of the property's
value and rental income with a starting value of $50. The long-term
value of the Property Token NFTs will align with the value of the
underlying property.
Increased Liquidity Through Fractionalization
Since properties are divided into smaller fractions through Property
Tokens, sellers no longer face the arduous task of waiting months or
even years to find a buyer meeting all the financial prerequisites to
purchase the entire property. This innovative approach greatly
enhances liquidity in the real estate market.
Daily Rental Payments and Investor Empowerment
Property token owners receive daily rental payment payouts in
proportion to their token ownership. This feature provides a
consistent income stream and aligns investor interests with property
performance.
Informed Decision-making
The mission of Lufina is to provide investors with the data they need to
make well-informed choices. Customers can find all the necessary
information on our website, including legal contracts, geographical data,
occupancy statistics, and more.
05
PERMISSIONLESS LOANS
(LUFINA LEND)
Unlocking Capital Instantly
Lufina's Permissionless Loans leverage the value of property NFTs,
enabling users to unlock capital swiftly. Deploying property NFTs as
collateral allows borrowers access to a seamless and rapid loan
approval process, eliminating the frustrating delays associated with
traditional lending institutions.
High Loan-to-Value (LTV) Ratio
Our Permissionless Loans offer a competitive Loan-to-Value (LTV)
ratio of up to 70%. This means borrowers can access a substantial
portion of the value of their property NFTs. Borrowers gain the
flexibility to access a significant portion of their property's value
without compromising its ownership.
Eliminating Tedious Approval Processes
Traditionally, obtaining a loan from a bank involves navigating a
complex process of paperwork, credit checks, and lengthy approval
timelines. But Lufina's Permissionless Loans strip away these
complexities, offering a straightforward and efficient path to
securing the capital needed.
Enhancing Financial Inclusion
Lufina's Permissionless Loans also contribute to financial inclusion. They
cater to a wider audience, including those who might face challenges
obtaining loans through traditional financial institutions due to credit
history or other factors.
07
LUFINA PAY
Real Estate Equity for Daily
Expenses Preloading with FINA Tokens
Lufina Pay revolutionizes how users tap For added flexibility, users can preload
into the value of their real estate the Visa credit card with FINA tokens. As
investments. Users are issued a Visa such, they obtain alternative means of
credit card to make daily purchases. accessing liquidity without tapping into
Through each card transaction, Lufina
the property tokens, offering users even
instantly provides a permissionless
greater control over their
loan using property tokens
financial strategy
as collateral.
Up to 70% LTV or Transforming Real
Preloading with FINA Estate Investments
Tokens into Liquid Assets
With Lufina Pay, users have the flexibility Lufina allows its customers to turn their
to spend up to 70% of their real estate often-illiquid real estate holdings into
investment's LTV ratio. Alternatively, they liquid assets by using property tokens
can preload their Visa credit card with as collateral for permissionless loans.
FINA tokens.
08
FINA TOKEN
As the utility token powering the Lufina platform, FINA tokens constitute the financial
units that drive our ecosystem's functionality and value. We detail how we ensure
continuous demand for FINA tokens and outline their diverse purposes, creating a
dynamic and engaged community of token holders.
Continuous Demand Generation for FINA Tokens
Versatile Use Cases
Governance:
FINA token holders wield significant influence through the DAO, allowing
them to actively participate in shaping the future direction of Lufina's
ecosystem.
Transaction Gas Fees:
All transaction fees on the Lufina Platform must be paid using FINA tokens,
which includes buy and selling Property NFT fees, withdrawal fees, and etc.
Discounted Loan Interest Rates:
Loan payments made with FINA tokens benefit from discounted interest
fees, encouraging using FINA tokens for loan servicing.
Premium Access:
Stakers of FINA tokens gain exclusive access to premium real estate
projects, offering enhanced opportunities for higher yields and diversified
investment strategies.
Events and Community Engagement:
FINA token holders will receive invitations to exclusive events and
community meetings, fostering a sense of belonging and collaboration
within the Lufina community.
Staking and Earning:
FINA tokens can be staked within the ecosystem, allowing token holders to
earn interest and further incentivize participation in the Lufina ecosystem.
09
TOKENOMICS
TOTAL TOKEN SUPPLY: 500 MILLION TOKENS
Presale Allocation: 9.2% (45.9 Million Tokens)
Public Sale Allocation: 9.7% (48.5 Million Tokens)
Lufina Team Allocation: 10% (50 Million Tokens)
Advisors Allocation: 2% (10 Million Tokens)
DAO Treasury Allocation: 3% (15 Million Tokens)
Staking Rewards Allocation: 20% (100 Million Tokens)
Operations and Development Allocation: 15% (75 Million Tokens)
Marketing and Partnerships Allocation: 20% (100 Million Tokens)
Liquidity and Listing Allocation: 11.1% (55.6 Million Tokens)
10% Lufina Team
11.1% Liquidity and Listing
9.7% Public Sale
9.2% Presale
20%
Marketing and Partnerships
2% Advisors
3% DAO Treasury
15% Operations and Development 20% Staking Rewards
Token Sale Rounds
No Seed Round Public Presale (40 Million Tokens):
Start-up capital raised internally and no Targeted for early public contributors and
tokens were sold to raise initial capital participants to allow our early community
members to benefit from a successful
1 2 token launch.
Public Sale/Listing (48.5 Million 4 3 Launchpad Sale
Tokens): (5.9 Million Tokens):
The final phase, allowing open market Geared towards community participation, this
participation. round offers a defined hard cap for early
public contributors.
10
Lock Period and Vesting
Public Presale: 20% at TGE, then 5% Monthly
Launchpad: Fully Unlocked
Public Sale/Listing: Fully Unlocked
Lufina Team: 24-Month Cliff, then 2.5% Monthly
Advisors: 12-Month Cliff, then 4% Monthly
DAO Treasury: 12-Month Cliff, then 2% Monthly
Staking Rewards: 1% at TGE, then 2.5% Monthly
Operations and Development: 1% at TGE, then 2.5% Monthly
Marketing and Partnerships: 2% at TGE, then 3.5% Monthly
Liquidity and Listing: 15% at TGE, then 5% Monthly
Expected Date of Public Sale:
September 2024
Tokenomics may change at
company’s discretion before TGE
11
MEET THE TEAM
Kaison Ho, CEO Vic Ngo, Operations Director
CONCLUSION
Step by step, Lufina breaks down traditional barriers in the real estate sector, rendering
investment more accessible, transparent, and fluid. Lufina transcends mere market
participation. The primary objective is to disrupt and challenge the established
conventions of real estate investment, thereby enabling a wide array of investors to
participate in the market.
Sustained by innovation and technological precision, Lufina maintains a critical position in
this sector's anticipated $10 trillion expansion by 2030 in a more equitable and inclusive
manner. Lufina represents a partnership in progress rather than merely a platform for
prospective investors and stakeholders: an opportunity to contribute to a community that
places high importance on innovation, transparency, and inclusiveness.
We invite you to join us in this exciting journey. Here, you contribute to a larger vision – a
vision that redefines real estate investment and builds a future where everyone has the
opportunity to participate in the property market.
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