$THEO is an Ethereum-based token of Theopetra Labs which aims to drive affordable housing and address the issues of real estate industry.
America is in trouble. The housing crisis is spiraling out of control. The middle class is being priced out of homeownership and forced into renting, unable to build equity while being subjected to historic rent increases. Further, returns in real estate are tied to this unsustainable system with no present alternative. A real estate network that improves the accessibility, affordability, and efficiency of housing is needed—so that Americans can own the land we stand on.
Theopetra Labs, along with the community's partners T-Homes and REAT, will create an ecosystem that delivers all three of those tenets by bridging blockchain-based applications with the real estate industry.
The purpose of $THEO is two-fold:
- Granting its Premium Members priority access to starter homes.
- Driving affordable housing accumulation via REAT (Real Equality for America Today).