Let’s goo 
#TURU
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Same, I keep listening to its a brick house. lol
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The only thing better than is more There are no substitutes! The plan is GOAT!
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Can’t wait either 
The project is amazing and something that probably everyone always wanted.
VBS will change the way we look at NFTs for sure 
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We just made some minor updates to our submission:
- Further explanation on the $VBS token
- Indication of use of funds in case we would win a prize
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Hi @TuruGlobal & everyone happy Sunday !
My thoughts 
says $VBS will be a great project to make globally progress on crypto space !
I had a question on legal procedure verification on how the ownership defined when you are not a citizen of country where property rented ?
Thank you 
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The legal ownership is a tricky issue. To make the VBS scalable over multiple countries. The actual ownership of the properties will lie with TuruGlobal.
However TuruGlobal will make a legal mortgage agreement with the owners of the brick of that specific property (the DAO). It means legally the DAO has borrowed money for the property to TuruGlobal, where the property is the underlying asset for the mortgage. The rent revenue which is paid out to the DAO is then seen as the interest for the mortgage.
In this way the mortgage agreement is am endless agreement between brick owners and TuruGlobal. Using this structure, we have no need for KYC for everyone in the DAO only for one person representing the DAO.
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Me too … waiting for the launch 
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Hello everyone 
I am keen and want to know when are you guys buying a property in India 
I would be more intrested in this case 
Well, you guys are setting a great example for nothing is impossible keep up the spirit 
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Appartement owners usually have to face fixed monthly costs (electricity in the common parts, cleaning of the entrance, stairs, lift) + extraordinary costs (in case of unexpected damage or the fix the damage caused by the time). Those last ones can be very high (for instance fixing the roof). Are you going to create a reserve of funds for those costs to be sure that the project can face any unexpected issue even if the appartement doesn’t find any tenant?
Thanks in advance for the answer and great job so far 
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The good news is we have team members in India, in our sequence of countries to switch on, we will be going for countries where we have boots on the ground first.
Every country has different laws regarding to real estate property ownership, so it is essential to do the due diligence before investing. For that it is important to have access to local laws. So in mid term India for sure will be considered
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There are three sections to your question:
- fixed monthly cost will be deducted from the rent and the result will be paid proportionally to Brick NFT holders
- unexpected issues is something which needs to be decided by the DAO for a secific property. They can decide to put aside some money from the income received to have a buffer in case of extraordinary expense occurs, or in case it happens TuruGlobal will borrow the money to the DAO an resume payments of income when the loan is paid back.
- In case a property cannot find a tenant, there will be no income. TuruGlobal is chosing properties in major cities in high demand areas to prevent this situation
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I’m curious to know what all I could do with my property once I own it.
For starters, I would love to gift one to my brother and sister-in-law for their first wedding anniversary in May!
I would personally love to explore more ideas around revenue generation from the property we own - for example, renting out the property for cross metaverse games to earn passive income. Need to shape the idea into a solid plan with partnership projects! I’m confident in the team and feel strongly that this could become big!
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great updates to the $VBS
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what a vision, looking forward to this progression. Amazing team you have.
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Wondering after Hungary 
which will be the next country where VBS will be expanding?
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Hi @TuruGlobal, it’s not really a question and maybe someone has already talked about that, but an idea crossed my mind.
Why not a lending platform where people can borrow tokens using their bricks as a collateral 
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That’s a nice thread giving a lot of information in a single read itself… but I have a doubt & hope to get that solved…
Like if I have a brick for “A” property but now I want to exchange it for a brick (having same price) of “B” property then is it possible? If yes how?
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Very promising project indeed, smart move to combine the real life usecase and defi✅
I have a question that how the passive income generation will happen when all the bricks for a particular property will be sold out??
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