This pilot tokenization project of a real life asset aims to allow fractional ownership of this historical piece of technology which is a full electric utility vehicle called "PINOY Transporter 1" built by Francisco Motors.
PINOY Transporter 1 will be divided into 250 Closed-Loop Tokens representing fractional ownership of PINOY Transporter 1 that we will issue with a value of Php10,000 per Token amounting to a total of Php2.5 million that could be offered for end-user financing in 180 installments (15 years) to transport service entities with ZERO downpayment but with 10% interest per year wherein 70% of the interest income will be distributed pro rata to token holders while 30% shall be retained by Francisco Motors as service fee.
Procedures:
1. Create a Free account at https://jeepney.io and follow Francisco Motors.
2. Add funds to your Jeepney Wallet commensurate to the number of Tokens that you will buy. You may use your credit or debit card. You may also send via GCash, Maya or Bank Transfer manually, just send a request by sending a direct message to Francisco Motors.
3. Go to Market, choose Tokenization of PINOY Transporter 1 and buy your desired quantity of Tokens and you will receive an Invoice.
4. Go to your account's General Settings then scroll through the My Affiliates Menu and you copy and save your unique Affiliate Link that you could share to everybody where they could sign-up under you.
For full vehicle specifications, visit: https://franciscomotors.com/pr....oducts/francisco-pin