It’s winter in some parts of the world, but NOVA’s latest update will definitely warm you up. Get ready to learn more about hot tokens, a new feature that allows you to sell and buy tokens in fully funded properties.

What are hot tokens?

As you remember, when all tokens of the property are sold out, it becomes funded. Previously, this meant that investing in this property was no longer possible. However, the recent update changed that.

Hot tokens allow you to buy a digital piece of fully funded properties. They are offered by NOVA users who already own them and have chosen to resell them. This gives other clients a unique opportunity to invest in real estate that already generates profit.

Selling hot tokens: Brief overview

If you own a NOVA token in a fully funded property, you can exit your investment early by selling it as a hot token. Note that only tokens stored on NOVA’s platform are available for resale. However, you can sell as many tokens as you own — there’s no limit!

You can set your own price while making your sell offering. This way, you can choose the most profitable outcome for your investments. NOVA does charge a commission on the tokens, but the buyers cover it.

The dividends you already received will stay yours. But remember: Any new dividends accrued after you sell the tokens will be paid to the new owner.

Buying hot tokens: Just follow the light

You can find hot token offerings in the Invest tab of your app. If hot tokens are available, you’ll spot a small flame icon in the top-right corner of the property card. Just follow the light!

By tapping Buy hot tokens, you will see details about the property's initial price and the current prices set by sellers. To purchase tokens, simply add the desired amount to your cart. Then, use your NOVA Wallet to complete the payment.

More opportunities for profit

With this new feature, sellers and buyers of hot tokens can find even more profit opportunities. Update your app now and discover new avenues of passive income.

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