How It Works

The Slice equity program works by providing renters with a financial stake in the property they are renting, which is tracked using blockchain technology. Here's how the program works in more detail:

1. Rent payments: Renters make their monthly rent payments as usual, either through online payments or other accepted methods.

2. Equity credit: A portion of each rent payment is credited to the renter's equity account, which is tracked using blockchain technology. The amount credited to the equity account is determined by the terms of the equity program, which may be based on the rent paid or other factors.

3. Equity tracking: The renter's equity credit is tracked using blockchain technology, which provides an unprecedented level of transparency and accuracy. Renters can see their equity credit balance at any time, and the system ensures that all equity credits are accurately recorded and reported.

4. Equity options: After a certain amount of time, renters can use their equity credit in several different ways. They can invest in the property, transfer it to a future home purchase, or use it to improve their financial standing in other ways.

5. Credit reporting: Slice also reports rent payments to credit bureaus, which can help renters build their credit history and improve their credit scores. This is a unique and powerful benefit that sets Slice apart from traditional rental models.

Taken together, the Slice equity program provides renters with a long-term investment opportunity that can be used to build financial security and stability over time. By providing a financial stake in the property, renters are incentivized to make their rent payments on time and in full, which benefits both renters and property owners. Additionally, the program's use of blockchain technology and credit reporting helps to create a more transparent, equitable, and financially empowering rental market for everyone involved.