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FAQs

What is MAVEN?

MAVEN is a cutting-edge platform leveraging digital ledger technology, specifically designed for the real estate sector. It enables individuals and businesses to securely engage in property transactions, ensuring transparency, efficiency, and security through the use of Bitcoin's Liquid Network.

How does digital ledger technology benefit real estate transactions?

Digital ledger technology introduces a level of security, transparency, and speed previously unattainable in traditional real estate transactions. It allows for the immutable recording of property ownership and transaction history, reduces the risk of fraud, and streamlines the process by eliminating intermediaries.

What is the Liquid Network, and why is it important?

The Liquid Network is a Bitcoin sidechain designed to facilitate faster, more confidential transactions. For MAVEN, it provides a secure and efficient infrastructure for conducting real estate transactions, ensuring that all parties can trust the process and outcome.

Do I need to understand Bitcoin to use MAVEN?

No, you don't need to be an expert in Bitcoin. BUT you should understand what Bitcoin is and how to use Bitcoin. https://bitcoin.org/en/faq.

MAVEN is built to simplify real estate transactions using digital ledger technology. While the underlying infrastructure benefits from these technologies, our platform is designed to be accessible to anyone, regardless of their technical background.

How do I start using MAVEN for my real estate needs?

   Getting started with MAVEN is simple:

1. Register on our website with a valid email address.
2. Depending on your role (buyer, seller, or business), there may be additional verification processes to ensure the integrity of our platform.
3. Once registered, you can explore listings, engage in transactions, or list properties, all within a secure and transparent ecosystem.

Is my personal and transaction data safe on MAVEN?

Yes, your privacy and security are our top priorities. Our platform uses advanced security measures to protect your data. Furthermore, the use of digital ledger technology ensures that all transactions are recorded securely and immutably.

Can I use MAVEN for international real estate transactions?

MAVEN is designed to facilitate real estate transactions on a global scale. However, users should be aware of and comply with the legal requirements in their jurisdiction and the jurisdiction of the property location.

What kind of support does MAVEN offer?

We offer comprehensive support through our support forums and direct contact via email. Whether you have questions about how to use the platform or need assistance with a specific transaction, our team is here to help.

Are there any fees associated with using MAVEN?

MAVEN aims to make real estate transactions more efficient and cost-effective. Any applicable fees will be clearly outlined on our platform, ensuring transparency. Generally, fees are associated with transaction processing and are competitive within the industry.

Yes, MAVEN streamlines real estate transactions using digital ledger technology, which involves certain fees related to the underlying Bitcoin and Liquid Network technologies. Here's a brief overview of the types of fees you might encounter:

Bitcoin Transaction Fees: When you transact using Bitcoin, you'll incur a fee that compensates miners for processing and securing the transaction on the blockchain. The amount can vary based on the network's congestion at the time of your transaction.

Liquid Bitcoin (L-BTC) Fees: Transactions on the Liquid Network, including those using Liquid Bitcoin (L-BTC), typically have lower fees than on the main Bitcoin blockchain. These fees are used to pay the Liquid Network’s functionaries for transaction processing and quick settlement.

Lightning Network Fees: For instant Bitcoin transactions, MAVEN may utilize the Lightning Network, which offers significantly lower fees compared to traditional Bitcoin transactions. Fees on the Lightning Network compensate node operators for routing transactions and maintaining the network's liquidity.

MAVEN Platform Fees: In addition to the network transaction fees, MAVEN may charge a service fee for facilitating real estate transactions on our platform. These fees are transparently displayed during the transaction process and are designed to cover the operational costs of providing a secure, efficient, and user-friendly platform for real estate transactions.

How can I minimize fees when using MAVEN?

To optimize your transaction costs:

Plan Transactions for Off-Peak Times: If possible, execute Bitcoin transactions during periods of lower network congestion to potentially benefit from lower fees.

Use L-BTC for Lower Fees: Consider transacting in Liquid Bitcoin (L-BTC) where appropriate, as it usually offers lower transaction costs and faster settlement times compared to traditional Bitcoin transactions.

Leverage the Lightning Network: For smaller, instant payments, the Lightning Network can significantly reduce fees while offering near-instant transaction speeds.

Understanding Fees: It's important for users to familiarize themselves with how these fees work and their potential impact on transactions. MAVEN is committed to providing a transparent fee structure, ensuring you have all the information needed to make informed decisions about your real estate transactions.

What happens if there is a dispute in a transaction?

MAVEN has mechanisms in place to handle disputes fairly and efficiently, including mediation and arbitration processes. Our platform's transparency and the immutable record of transactions greatly reduce the potential for disputes.

For more detailed information or assistance, please visit our support forums or contact us directly. Welcome to the future of real estate transactions with MAVEN.