DepositMate
Real Estate - Pyrmont, New South Wales, Australia
DepositMate Employees
DepositMate Details
DepositMate Pty Limited (ABN 30 649 920 454) is an innovative proptech company that leverages blockchain technology to make the dream of acquiring property far more achievable for everyday Australians.DepositMate Pty Limited is an authorised re-seller of the Contracoin Stablecoin (AUDC), a non-volatile cryptocurrency token dedicated to streamlining real estate transactions. To fully or partially fund the deposit of an eligible property, purchasers buy Contracoin Stablecoin (AUDC) from DepositMate Pty Limited on a multi-year, buy-now-pay-later (BNPL) payment term. This no-interest, multi-year payment arrangement is designed to provide time for the purchaser to build equity in their property:- By paying down some of their home loan- Through property appreciation where home prices rise during the term- Time value of money as inflation reduces the real value of the repayment amount over timeTo make the final balloon payment for their Contracoin Stablecoin (AUDC), a purchaser can either sell the property or re-finance before the end of the BNPL term. Licensed real estate program partners list residential properties in Australia that accept non-cash deposits.To learn more about the DEPOSITMATE program at www.depositmate.com.au
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