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How to Use Tangem and Ozone to Securely Custody and Buy Fractional Real Estate
How to Use Tangem and Ozone to Securely Custody and Buy Fractional Real Estate

Investing in fractional real estate on Solslot.com with a Tangem hardware wallet offers unparalleled security and true ownership

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Written by Hiram Abiff
Updated over 3 months ago

Investing in fractional real estate on Solslot.com with a Tangem hardware wallet offers unparalleled security and true ownership of your Digital Assignment Contracts (DACs). This guide will walk you through the entire process—from setting up your Tangem wallet to buying DACs and managing them with Ozone.

1. Setting Up Your Tangem Wallet

Before you can purchase DACs on Solslot.com, you'll need to set up your Tangem wallet:

  • Download the Tangem App: Available on both iOS and Android, this app is essential for managing your Tangem cards.

  • Create a Wallet: Open the Tangem app, tap “Scan card,” and hold your Tangem card near your phone. The app will scan the card and generate a private key directly on the secure chip within the card. This private key never leaves the card, ensuring maximum security​ (The best crypto wallet — Tangem Wallet)​.

  • Backup Your Wallet: After creating your wallet, the app will prompt you to add backup cards. These additional Tangem cards can be scanned and linked to your wallet, providing extra security in case your primary card is lost​.

2. Connecting Your Tangem Wallet to Solslot.com via WalletConnect

Once your Tangem wallet is set up, the next step is to connect it to Solslot.com using WalletConnect:

  • Visit Solslot.com’s Website: Navigate to Solslot.com and initiate the process of purchasing a DAC.

  • Select “Connect Wallet”: On Solslot.com, you’ll see an option to connect your wallet. Click on it and select WalletConnect as your connection method.

  • Scan the QR Code: Your Tangem app will prompt you to scan a QR code displayed on Solslot. This establishes a secure connection between your Tangem wallet and Solslot, allowing you to manage your DAC purchases directly from your wallet​.

3. Purchasing DACs with Your Tangem Wallet

With your wallet connected, you’re ready to purchase DACs:

  • Browse Available Properties: Explore the DACs available on Solslot.com. Each DAC represents a fractional ownership of a real estate property.

  • Select Your Desired DAC: Once you find a property that fits your investment criteria, select the DAC you want to purchase. Solslot.com will provide details such as the property’s appraised value, expected appreciation, and your ownership percentage.

  • Initiate the Purchase: Click on the purchase button. Solslot.com will display the cost in cryptocurrency (likely Chia, given the platform's blockchain).

  • Confirm with Tangem: Your Tangem app will prompt you to confirm the transaction. Simply tap your Tangem card on your phone to approve the purchase. The cryptocurrency needed for the transaction will be deducted from your wallet, and the DAC will be added to your portfolio.

This process ensures that your purchase is secure and that the DAC is immediately stored within your Tangem wallet, under your complete control.

4. Managing and Visualizing Your DACs with Ozone Wallet

After purchasing DACs, managing them with Ozone provides a seamless experience:

  • Import Your Tangem Wallet: Open the Ozone Wallet app and use WalletConnect to import your Tangem wallet. This will allow Ozone to sync with your Tangem cards and display your DAC holdings.

  • Monitor Your Investments: Ozone provides a detailed overview of your DACs, including their current value, performance metrics, and historical data. This makes it easy to track the progress of your investments.

  • Manage Transactions: Through Ozone, you can manage additional transactions, whether it's purchasing more DACs, selling existing ones, or transferring ownership.

Ozone acts as a visualization tool, making it easier to manage your investments and stay informed about your real estate holdings.

Conclusion

Using a Tangem hardware wallet with Ozone and Solslot gives you full control over your DACs, ensuring that your fractional real estate investments are secure, private, and fully owned by you. The process from setup to purchase is straightforward, providing a blend of high security with user-friendly management tools. This setup is ideal for investors who prioritize control and security in their real estate investments.

For more information, explore Tangem’s official guide and Ozone Wallet.

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