Frequently Asked Questions
Clear answers to the most important questions from developers, investors, and regulators about Construct's RWA infrastructure and regulated capital orchestration.
[ For Developers ]
What is the TCN and how does it help my project?
The Tokenized Convertible Note is a hybrid Security Token that converts your pre-title land acquisition financing into a regulated, investable asset class. It provides 11% simple coupon to investors and converts to 40–50% SPV equity once DLD registers title. You get access to institutional capital at the pre-title stage when banks won't lend, without diluting your equity at close.
How long does capital structuring take?
From document submission to prospectus generation, 2–4 weeks depending on document completeness. Investor onboarding and capital deployment adds another 3–6 weeks.
What are my obligations as a developer?
Provide accurate project documentation (feasibility study, cost model, SPA, RICS valuation, WBS). Authenticate via UAE Pass. Accept standardized Pre-Agreement terms. Implement Milestone Delivery system for construction phase.
What if my project is delayed or over budget?
Milestone Delivery system is designed to handle delays transparently. Investors see real-time progress; disputes are resolved through objective verification. Over-budget scenarios require investor consent and can trigger renegotiation of terms.
[ For Institutional Investors ]
Who can invest through Construct?
Institutional investors and family offices via DFSA-regulated VASP partners, through whitelisted institutional wallets only. Minimum investment and eligibility criteria are defined by each VASP partner.
What is my downside protection?
TCN includes an SBLC (Standby Letter of Credit) fail-safe. If DLD title registration doesn't complete within the agreed timeline, the SBLC covers your principal + coupon.
Can I resell my TCN?
Yes. Construct is designing secondary-market infrastructure aligned with DLD Phase II (February 2026 expansion). Resale terms and liquidity will be defined in the prospectus.
How transparent is the project progress?
Fully transparent. Milestone Delivery system provides real-time WBS progress, payment status, and inspection reports. You see the same data as the developer and regulators.
[ Regulatory & Market ]
Is Construct regulated?
Construct is pre-incorporation and pursuing DIFC incorporation with active regulatory engagement across the DFSA, VARA, CMA, and CBUAE. The TCN instrument model has been formally submitted to the CMA and reviewed, with feedback incorporated into the current design.
How is this different from existing tokenization platforms?
Most tokenization platforms operate post-title, once an asset already has clean legal ownership. Construct is built specifically for the pre-title phase — land acquisition financing, milestone-based construction escrow, and live multi-regulator reporting in a single architecture. No existing platform combines all three.
[ Technical Implementation ]
How do you verify construction progress?
Dual-oracle system: (1) AI analysis of project documents, site photos, and drone footage; (2) Physical inspections by third-party inspectors. Both must align to trigger milestone completion and payment.
What happens if the AI and inspector disagree?
The system flags a dispute. Construct's operations team facilitates resolution with developer, contractor, and inspector. Disputes are rare because the AI is trained on historical project data and aligned with standard industry metrics.
Still have questions?
Our team is ready to discuss your project, investment profile, or partnership opportunities. Reach out directly via email or register your interest below.