April 21, 2022 / Real estate
We have removed plans to create the Alta Oracle and have added plans to create a Monthly Net Asset Value report for $ALTA token holders to view.
As part of this report, we will include detailed holdings that will match the $rdALTA and $raALTA values on the treasury.
Going forward, we will not include all real estate assets we are potentially sourcing on our website. We will only include flagship assets we believe embody and represent the Alta brand.
Detailed Alta Treasury holdings will be in the Net Asset Value reports.
The nature of real estate transactions can be very dynamic, and an asset that may be "locked up" via any number of traditional real estate methods (for ex: seller carry) can fall through due to inspections, financing, buyer sentiment, or more. We believe this will allow us to bring our goal of transparency to the $ALTA token holder community while preserving our internal capabilities.