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A Global Problem - Condo owners being overcharged across the world

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Condinium is a decentralized peer-to-peer platform. It is designed to radically reduce the costs and inefficiencies that exist in the property management market.

How Condinium is used

Paying your maintenance charge
Hiring a contractor for a repair job
Raising a dispute
Making an insurance claim
Juliet in NYC, USA

Condinium Benefits:

  • Traceability - Condo owners know exactly how much they are being charged and where that money is being spent on
  • Governance - Enables residents to exert oversight and governance over their condo community for their mutual benefit
  • Integrity - All requests and transactions are authorised and archived on a decentralized platform
  • Quality - Peer to peer quality assurance by the condo community
Angela in London, UK

Condinium Benefits:

  • Self management - Residents raise issues themselves and not wait for propery management to take action
  • Transparency - Repair requests as well as transactions are stored on the blockchain
  • Fairness - Contractors are hired by system based upon their ability and history. Owners incentivised to provide feedback to contractors' work on system
Mike in Singapore

Condinium Benefits:

  • Cost effective - Disputes are resolved at a fraction of the cost of traditional arbitration or litigation
  • Speed of resolution - Disputes are resolved quickly and fairly. Resolutions are binding for all parties involved
  • Happier communities - Condo communities are happier and better places where issues are raised into the open and resolved by independent adjudicators.
Kenichi in Tokyo, Japan

Condinium Benefits:

  • Speed of repairs - Damage to property is repaired quickly due to automation and elimination of unnecessary steps in the claims process.
  • Accurate accounting & costing of repairs - Insurance claims are costed accurately and fairly through the Condinium marketplace and is subject to the strict controls of a smart contract.
  • Reduction in insurance premiums - Fraudulent claims and inflated costs are reduced, and the reduction in loss adjustment costs incurred by insurance companies means that insurance premiums are likely to become more competitive
Learn more about development plans and important dates
Roadmap