Fractionalizing The World For You
FOHO is the Fractional Ownership of Homes.
It is a blockchain-based real estate platform for fractional ownership of residential and commercial rest estate assets.
Co-founded by Vijay Thomas, Roshan D’Silva and backed by Tangentia and Tripvillas, (two well-known players in the Technology and Vacation-Rental space, respectively); it is our mission to democratize real estate by combining the power of blockchain technology with the benefits of fractional ownership to create a platform that lets you have the best of all worlds.
We believe in the benefits of a shared economy. The goal is to build a transparent and trust-incentivizing system that democratizes real estate, making it more accessible people globally.
Today’s fractional ownership and timeshare solutions are developer-driven and accountability is low and dependent on the solvency of the system. Customers are courted with various promises on yield, future potential etc. but cannot organize themselves to discuss and diligence such deals together and have no way to demand accountability.
Post the actual purchase; usage of the properties and the income generated from them are opaque and require extensive planning defeating the premise of owning a second home. With FOHO we aim to build a more transparent ecosystem that uses the wisdom of crowds to uncover deals, hold sellers and property managers accountable and make using a shared property a stress-free experience.
FOHO comprises 4 pillars. You can participate in the ecosystem my purchasing FOHO Coin, our cryptocurrency and the lifeblood of the FOHO ecosystem. FOHO Haus and FOHO Work are blockchain-based residential and commercial real estate marketplaces, respectively. FOHO Club enables you to share usage of these assets or experiences.
The launch of FOHO Coin was the first step towards unfolding our ecosystem. Prior to the launch, we hit exceeded a softcap of 2.2 million USD from private placement investors. FOHO Coin is now listed on Bitbns and Uniswap.
FOHO was labelled as the 'Future of Shared Real Estate' by major publications like Coin Crunch India, Bitcoin.com, Hindustan Times, Livemint, etc. They were also rated #1 cryptocurrency to invest in 2021 by Analytics Insight Magazine
Meet the team behind the revolution
Vijay Thomas is Co-Founder at FOHO, which is a blockchain-based fractional real estate platform that he started in 2019 in Goa. He is also the Founder & CEO of Tangentia, a leading digital transformation company. He started Tangentia Ventures which invests and manages a diverse portfolio of companies globally. Born and raised in Goa, India, he now calls Toronto, Canada home. He has a B.Eng in Mechanical Engineering from Karnatak University and an MBA from Goa Institute of Management. He is active in multiple local and global business organizations and was the 32nd president of the Indo-Canada Chamber of Commerce (ICCC), a 44-year-old institution serving the Indo-Canadian business community, and spearheaded the ‘Oxygen for India’ movement in Canada to support India during the second wave of the covid-19 pandemic.
Tangentia Inc. (www.tangentia.com) is a world-leading provider of digital transformation solutions, headquartered in Toronto, but with operations globally, primarily in Canada, India, and the US. Since 2003, Tangentia has worked with industry-leading companies to simplify their relationship with technology. They help companies make an impact by using cutting-edge technology that helps transform, grow, or bounce back in today’s competitive digital landscape. Tangentia has been on the Profit 500 list of fastest growing companies in Canada for 6 years in a row and Tangentia America, the US arm of the company has been listed in the INC 5000 – which is the list of 5000 fastest growing companies in the USA. Leveraging this strength, the Tangentia group was the original promoter of the FOHO fractional home concept that launched in India in 2019.
Roshan is one of the leading experts on Vacation Properties as the founder and CEO of Tripvillas – since 2009. Roshan has direct experience with the creation, sales, marketing and management of holiday villages in multiple geographies such as India, South East Asia, Australia, parts of Europe and the United States with over 8000 Holiday homes created and sold, managed by Tripvillas and 200,000+ holiday homes rented through the Tripvillas platform. He also is the publisher of the Holiday Home Times – the leading magazine for Hospitality and Holiday home investors. Roshan is a graduate of IIT Bombay and also manages a large portfolio of commercial, residential and plantation assets in addition to the Tripvillas portfolio.
Tripvillas Group (www.tripvillas.com) is one of Asia’s largest Holiday Home Rental Companies, headquartered in Singapore. Over the years, Tripvillas has grown to add to its core rental business other key businesses to serve the Holiday Home industry in Asia. These include a software business, a vacation community management business, property management services including brokerage and interiors of vacation homes, branded development of vacation communities, and so on. Harnessing this experience, Tripvillas will also prove to be an important asset to FOHO Holdings.
THE ADVISORY BOARD
Chandan has been a professional financial markets trader for over 15 years and runs an algorithmic trading consultancy. For the last 3 years, he has been a Consultant with Bitbns, Indian primary digital assets exchange, with a focus on business development and algo trading in Cryptocurrencies.
Jason Fernandes is an entrepreneur, speaker and blockchain industry figure. Fernandes founded FinTech media outlet TokenJay.com, internet portal ZeoCities.com and co-invented the world’s first Internet-based DVR, RecordTV. Fernandes has featured in international outlets like the BBC, LA Times, Associated Press, MTV, Channel NewsAsia, and national outlets like India Today, ZeeTV and the Times of India.
An award-winning marketer, Floyd Tavares, co-founder of Dranding Consulting is an MBA in marketing with over 10+ years of experience in building brands; both online and on-ground. He was recently voted “Iconic Hospitality Marketer” by Times Hospitality Icons & also is the recipient of the ‘Most Influential Young Leader’ by the World Marketing Congress. Dranding Consulting has successfully transformed many brands in Gaming, Hospitality, Technology, Education & Engineering space.
Global Legal Advisor
Tadej Francelj is a Lawyer and Business Developer. He is currently pursuing his Ph.D. in Banking, Corporate Finance, and Securities Law. He also has degrees in Economics and Law. With over 6 years of experience in the legal field, he is currently the head of the Legal Department at Gene Planet and Faculty of Law at the University of Ljubljana. Mr. Francelj is also well versed in the fields of Finance, Banking, Data Privacy, Blockchain, and Fintech.
FOHO Legal Advisor, South Asia
Mr. Ameya Salatry is the Founding Partner at Legal Minds LLP where he handles General Corporate & Business Advisory, Real Estate & Conveyance, Dispute Resolution, and IP. Mr. Salatry actively practices at the High Court of Bombay at Goa, and other courts/forums and advises several clientele across various sectors such as Manufacturing, Real Estate and Construction, Information Technology, Banking, and others. Mr. Salatry holds an overall professional experience of 20 years globally having been the Head of Better Homes Group of Companies, Global General Manager, Legal at Advanta Limited. He was also a visiting faculty at Middlesex University, Dubai, and Heriott Watt University, Dubai – where he taught Business Law.