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Earn rental income from our holiday accommodation cabins! We have decided to launch our cabins as NFTs as a way to raise capital for our eco lodge in South Africa. We want to do things differently here, we want to bring modern technology and new concepts into the forefront of how we run our business and share our passions, which is exactly what inspired us to launch our brand new investment project into the NFT space.

Tam B #0001

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Cabin size

Bachelor Pad

PAX

Sleeps 2

Name: Tam B (part 1) Wood Cabin THIS IS FOR A 20% STAKE IN THIS CABIN – we have decided to make a few small “bite size” stakes for investors with lower capital. Details: Bachelor style room with ensuite bathroom. Sleeps 2. Price of NFT: 93 SOL (check the Solana to South African Rand price for latest conversion) Nightly rental income: ZAR900 (+-0.69 SOL) incl. VAT (income split after deduction of 15% VAT, and if booked through a booking site, less 20% - their standard fee) Estimated income per year, based on a 50% occupation rate: ZAR27,540.00 (+-21 SOL - at time of minting this token the SOL to ZAR exchange rate was 1 SOL : ZAR1300, prices have been calculated on this value) Expiry date of NFT: 2027 – date TBD, 5 years from first purchase date After a lot consideration, we have decided to launch our cabins as NFTs on the marketplace as a way to raise capital for our eco lodge in South Africa. We want to do things differently here, we want to bring modern technology and new concepts into the forefront of how we run our business and share our passions, which is exactly what inspired us to launch our brand new investment project into the NFT space. We are in the hospitality industry, one of the worst hit by COVID, and although the business is starting to recover, we are in need of cashflow to get us to that next level. So we created this passive income earning opportunity for investors. What does this mean? We have 6 cabins on our lodge, with plans to build up to another 5 (five). When you purchase the NFT (Non-Fungible Token) for that cabin, you will own that cabin’s NFT (but not the physical land that it is built on) for the next 5 (five) years, but strictly as a short-term vacation rental – not for living in. As it is on the property of Firefly Eco Lodge, KwaZulu-Natal, South Africa, we will continue to promote and lease the cabin to guests. 50% (fifty percent) of income generated from the leasing of that cabin will be paid into the same wallet that you used to purchase the cabin’s NFT. The other 50% will be paid to the lodge to cover running and maintenance fees. Want to stay in your cabin over that time – absolutely, you are welcome to, just pay the 50% that would have gone to the lodge for running and maintenance fees (for example if the per night fee is ZAR2,000 (2 SOL) – you will only pay ZAR1,000 (1 SOL) per night) What happens after 5 years? You will no longer have a stake in the cabin, and full ownership will return to Firefly Eco Lodge (PTY) LTD. However, you are also welcomed to negotiate the possibility of extending the ownership of your Cabin NFT. Can you sell your stake? Yes absolutely, you can re-sell an NFT on the market at a profit, or a price of your choosing, just know that Firefly Eco Lodge, KwaZulu-Natal, South Africa, will make a 10% commission on the sale of the NFT associated with your cabin. How will you get paid your rental income? It will be paid, in Solana, into the wallet address that owns the NFT, on a monthly basis. Details of each cabin's earning potential is included in its individual description.
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Tam B #0001

License: Priv/NonComm
Mintedon SolSea
93
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Royalties on secondary sales: 10 %
Listed by: Bz7B...zBSC
Mint address: PmKa...fNW1
NFT metadata: View on SolScan
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