有公司大肆宣传将房产海外代币化 专家警示风险

Core Viewpoint - The article investigates the business model of Shenzhen Second Residence Online Information Technology Co., Ltd., which claims to digitize and tokenize idle real estate into tradable on-chain warrants, raising concerns about the legitimacy and sustainability of high returns promised to investors [1][2][3]. Group 1: Business Model and Operations - Second Residence promotes a model where investors can start with a low investment of 3,000 yuan and potentially earn significant returns, claiming that one property can generate profits equivalent to two properties [1][2]. - The company has reportedly recruited dozens of partners across various provinces, including Guangdong and Hainan, and offers different tiers of partnership with varying investment thresholds [2][3]. - The founder, Fan Jia, emphasizes the importance of recruiting new members to increase the value of the tokens and the potential for profit sharing once the assets are tokenized and listed [3][4]. Group 2: Legitimacy and Compliance - The company claims to operate within legal frameworks, citing the Civil Code's provisions on property co-ownership, but there are concerns about the actual compliance with regulations regarding token issuance and fundraising [5][6]. - Investigations reveal that many of the real estate projects advertised by Second Residence do not have confirmed partnerships, with developers denying any collaboration [9][10]. - Legal experts warn of significant risks associated with the authenticity of the underlying assets and the potential for the business model to be classified as illegal fundraising [11][12][13]. Group 3: Market Context and Risks - The article highlights the broader context of Real World Assets (RWA) in the market, noting that while there is interest in tokenization, many projects may lack genuine backing and could lead to scams [12][13]. - Regulatory bodies have issued warnings about the risks associated with RWA investments, indicating that many such initiatives may be misleading or fraudulent [12][13]. - The article concludes that the combination of physical assets and digital finance is a growing trend, but the regulatory environment for RWA remains underdeveloped, posing risks for investors [13].