> For the complete documentation index, see [llms.txt](https://lofty-2.gitbook.io/faqs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://lofty-2.gitbook.io/faqs/faq/which-blockchain-is-lofty-ai-using-to-tokenize-properties.md).

# Which blockchain is Lofty AI using to tokenize properties?

We use the Algorand blockchain to host our token offerings. Algorand has advantages over blockchains like Ethereum and Solana:&#x20;

* Algorand has minimal fees for transfers (only 0.001 ALGO), which is ideal for us to be able to pay you daily rent payments once the property is fully funded.&#x20;
* Algorand Standard Assets use advanced smart contracts which enable us to automate many features of the platform.&#x20;
* Algorand features one of the highest transaction throughput rates of all the blockchains, meaning you'll never sit and wonder when your tokens will arrive.
