Sanga Platform

The process begins with properties being transferred to Sanga special purpose vehicle (SPV). This SPV is a legal entity that holds the assets and manages the tokenization process.

1. Sanga then issues non-fungible tokens, called "digital deed tokens," which represent ownership rights to the properties. These tokens are unique and cannot be replaced or exchanged for other tokens.

2. Buyers can purchase the digital deed tokens on Avantis's marketplace, which is accessible through a digital platform. Transactions are recorded on a blockchain, which provides transparency and security.

3. Once a buyer owns a digital deed token, there is a legal binding that allows the token holder to redeem the properties for ownership anytime they want to. This means that the token holder has the right to claim ownership of the property and can do so at any time.

4. Avantis is responsible for managing the property and ensuring that it is well-maintained. Yields generated from property management, such as rent, are paid to token holders. This provides token holders with a steady stream of income.

5. The digital deed tokens can be bought, sold, and traded on a blockchain platform. This allows token holders to easily transfer ownership rights to the property, and it also allows for increased liquidity in the market.