2.2. Application for “Nash21 Guarantee” by the Tenant

The uses and customs across most of the world dictate that the person that pays the guarantees and/or surety when it comes to renting is the tenant. In other words, the tenant is the one that must provide certainty to the owner so that in the event of any incident or non-payment, someone will take responsibility for them. On Nash21, the tenant may also handle their rental guarantee.

The tenant starts the process either autonomously of their own accord, or as a result of a membership request pursued by the owner of the apartment they want to rent. For either of these two cases, the Tenant will have two different ways of obtaining their “Nash21 Guarantee”.

2.2.1. Using a Scoring process

Where their risk profile and individual circumstances will be analysed, with this analysis determining the result of “approved”, “Rejected” or “needing reinforcement”. In the latter case, one or several guarantors must be added to the application in question, in order to improve the tenant’s application and prevent the guarantee from being denied.

2.2.2. Depositing crypto assets as a Guarantee

Tenants that are holders of crypto-assets, will be able to obtain their “Nash21 Guarantee” by depositing certain assets as “collateral security”, with the feature that they will continue to be subject to the yields and volatilities of each case.

The percentage of capacity and collateralisation will depend on each type of asset and will be determined by Nash21's governing body.