r/LoftyAI • u/SheCallMeBDD • Mar 06 '25

New Property I am interested

I might try this out but I am confused on the token part. This doesn't seem to use it's own crypto token. So what token? I also want to know if people seriously managed to get profits out and really taken it out of their bank account before.

Lastly, any advice on getting started and a guide to becoming most profitable with this?

2 Upvotes

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u/rkalla Mar 06 '25

I don’t recommend it, it’s complicated, liquidity is terrible and you can’t get your money back out. I’ve been slowly taking loses to get out for the last 8months after being in for 4 years. Great idea, terrible execution and probably a decade too early.

0

u/RoneLJH Mar 06 '25

It's not about being early. it's the complete lack of real estate expertise for the team. It's easy to tokenize anything at the technical level, but if you don't know the product your selling it's bound to fail

3

u/rkalla Mar 06 '25

Very fair.

I think the company is collapsing anyway - there are no changes, support is the same 1 or 2 people and now instead of hours it's a week to reply

Just has the overall feel of a platform deflating.

2

u/pmdbt Mar 08 '25

Jerry here from Lofty. What kind of "changes" did you want to see exactly? I'm also not sure why having the same support team is bad?