POOOL: fractional property investment in Indonesia, ring-fenced in a dedicated company per asset
POOOL is an Indonesia-based platform for fractional investment in property, with a second vertical in agricultural commodity programs. Each approved asset is placed in a dedicated Indonesian company that holds legal title, while investors subscribe to a contractual economic-rights agreement recorded as a certificate on a blockchain registry.
How it works
- A two-sided marketplace connecting retail investors with Indonesian property owners and developers, delivered through web and mobile apps.
- Each approved asset is transferred into a dedicated, bankruptcy-remote Indonesian limited liability company that legally owns the property. Investors do not receive direct legal title to land, nor shares in that company.
- Investors subscribe to an Economic Rights Subscription Agreement that grants contractual rights to income distributions and a share of proceeds on sale. Those rights mirror a notarised investor register.
- Certificates are ERC-1155 tokens on Polygon used strictly as a registry and proof of participation, with whitelisted wallets and transfer restrictions so transfers stay inside the platform.
- All subscriptions, distributions and transfers are conducted in Indonesian Rupiah through licensed Indonesian banks or registered payment service providers, per the whitepaper.
- Investor funds sit in a per-offering segregated escrow account until conditions precedent are met, including a minimum funding target, KYC and AML clearance and final legal documentation, with dual-control release and a full refund if conditions are not met.
- Issuer side: asset submission with title deeds and permits, legal due diligence with the National Land Agency and a notary, independent licensed appraisal, company formation, conditional sale agreement, then internal listing approval.
- Secondary liquidity is intended through a restricted, over-the-counter style bulletin board open only to verified investors, with designated trading windows and no guarantee of liquidity.
What is already built
Figures below are the company’s own statements from its materials, are self-reported, and are not independently verified or audited by FinanceBeef.
- A reported USD 6.21M raised in total across both verticals through an affiliated earlier vehicle, presented in the deck as proof of concept rather than as platform performance.
- A reported 600 or more active micro-investors and four real estate projects described as sold out.
- A commodity vertical launched with a reported USD 210,000 committed by early adopters.
- A completed reference development finished in 2024.
- Regulated service providers named in the whitepaper for payments, independent escrow, banking and electronic KYC and AML screening, each licensed in its own jurisdiction.
- A documented investor-protection framework: a Key Facts Statement per offering, a mandatory cooling-off period, suitability checks and investment limits, and complaint and redress procedures.
- AML and KYC framework mapped to Indonesian regulation, with sanctions and politically-exposed-person screening, enhanced due diligence and suspicious transaction reporting.
- Information security posture aligned to ISO/IEC 27001, with encryption in transit and at rest, annual penetration testing, smart contract audits and an incident response plan.
- A documented asset selection policy requiring independent licensed appraisal, complete land certificates and permits and zoning approvals, and explicitly excluding disputed titles and speculative developments.
Structure at a glance
As described in the project materials. Verify independently before committing capital.
Use of funds
Allocation for the first 12 months, per the use-of-funds document. Absolute amounts are available on request.
Risks and open questions
Some of these are contradictions inside the project’s own documents. We list them because any serious investor should get them resolved in writing first.
- Investors do not acquire legal title to land or property, nor equity in the company that holds it. Rights are contractual economic rights only, enforceable against that structure.
- Liquidity is explicitly not guaranteed. The secondary market is a restricted bulletin board subject to regulatory approval and designated trading windows.
- Valuation is locked at entry with no continuous revaluation. Exit depends on a sale of the property by the holding company or a negotiated secondary transfer, and investors cannot unilaterally force an exit.
- Regulatory classification is unresolved. The regulator will determine whether the instrument is a digital financial asset or a security, and the whitepaper includes a contingency plan to restructure if it is classified as a security.
- Sandbox constraints cap the number of users and total volumes during the trial phase, which limits near-term scale.
- Sandbox status is stated inconsistently within the same whitepaper: some sections say the company is applying for admission, others state it is already an active participant. This needs written confirmation.
- The product is not finished. Part of the raise is to complete the platform and the mobile app, so most described features are roadmap rather than live.
- The reported traction is attributed to an affiliated earlier vehicle rather than to the POOOL platform itself, and is self-reported with no audit evidence in the documents.
- The documents contradict each other on settlement: the deck advertises buying with cryptocurrency, while the whitepaper states that no crypto-native, foreign currency or cross-border settlement is permitted or facilitated.
- The documents contradict each other on the minimum ticket, stating two materially different figures in the deck and the whitepaper.
The pitch deck
The company’s own presentation, including its return and market claims. Those figures are the company’s, are not verified by FinanceBeef, and are not a promise or an offer from us. Read them alongside the risks above.
Want the full materials?
FinanceBeef can make an introduction to the founding team and share the whitepaper, pitch materials and financial model on request. Commercial terms are provided only on request.
FinanceBeef sources and introduces companies. It is not authorised or regulated by the Financial Conduct Authority or by any other competent authority, it is not an investment adviser, broker or placement agent, and nothing on this page is investment, legal or tax advice, a personal recommendation, or an assessment that this opportunity is suitable for you. Nothing here is an offer, invitation or inducement to buy or subscribe for any security, token or other investment, and no offering document has been approved by any regulator. Nothing on this page implies approval, endorsement or authorisation by any regulator, exchange, government ministry or industry body. FinanceBeef may receive a fee from the company for an introduction. All figures, targets, partnerships and credentials are the company’s own statements and have not been audited or verified by FinanceBeef. Investments of this kind are high risk and illiquid, there may be no market in which to sell, and you should be prepared to lose the entire amount committed. Carry out your own due diligence, read the company’s documentation in full, and take independent professional advice before making any decision.