Welcome to the Rhove Review 📝
At Rhove, we believe it’s important to shine a spotlight on the people, projects, and stories that make our community so incredible.
Welcome, neighbor! In Volume 1 of our new newsletter, we explore the exciting world of DeFi, highlight inspiring members of our community, and share a sneak peek of what's to come for the app.
Keep reading to learn about what’s been inspiring us lately and to stay up to date on new features in the Rhove app.
Introducing: Rhove Earn 💰
Have you heard the news?
Very soon, you'll be able to put your cash to work in the Rhove app, then invest in the projects that inspire you. With our DeFi-powered solution, you can prioritize real estate investing by setting money aside and earning a 5% return on it while you wait.*
It's never been easier to invest in your financial future so you can own a piece of the places you love. Here’s what to expect…
Powered by DeFi
Rhove Earn harnesses the power of DeFi to offer an interest rate over 80x the average savings account; among the highest rates on the market. Say goodbye to the days of your 0.06% APY. Save your money, put it to work, and earn the rate you deserve.
5% APY, Compounded Daily
Unlike a traditional savings account, Rhove Earn offers 5% APY and compounds daily. That means your money will start earning yield the second you make a deposit in your account.
Rhove Earn is not FDIC-insured, but funds are secured by over-collateralized lending in the DeFi ecosystem. We use industry-leading partners such as Compound and AAVE to earn you yield.
Get Ready to Invest
Don't let your hard-earned cash collect dust. Earn interest while you wait to invest and set yourself up for success when real estate deals go live in the app.
Rhove Earn will be available to a limited number of early Rhovers while we work on scaling the experience—we’re letting you know now so you’re ready to upgrade your account as soon as the feature is released! Keep your eyes out for an email announcement and a message from us in the Rhove Discord server.
In the meantime, you can learn more about the exciting world of DeFi and how we're using it to empower our Rhovers in our latest article.
Investor Spotlight 🔦
Monty Allen (better known online as KryptoNurd) first caught our attention when he made a YouTube video deep-diving our recent crypto initiative. This was more than just a friendly shoutout, though. Monty showed a real passion for and understanding of how digital assets like Algorand may be used to expand access and opportunity in the built world.
“The efficiencies and securities of Blockchain Technology will change the way that we invest. I’m looking forward to seeing all the Rhovers who have leveled the playing field and fundamentally rethought real estate ownership. It’s an amazing time to build wealth and to be part of something special. — Monty Allen, AKA KryptoNurd
Be sure to check out Monty’s channel and follow him on Twitter so you don’t miss more awesome videos like this one!
Rhove in the News 📰
The Real Deal — CRE for the people: New app aims to democratize property investment
The Business Journals — How Rhove hopes to foster a 'YIMBY' movement
Columbus Underground — Local Tech Founder Wants to Bring Real Estate Investment to Everyday People
“Financial populism is happening in other markets – like crypto and public equities – and those are a lot less relatable to the average person than real estate. People understand the value of owning real estate…we just need to lower the barrier to entry.” — Calvin Cooper, Co-Founder & CEO of Rhove
Featured Sponsor ⭐️
Brett Kaufman’s Gravity Project was recently awarded the prestigious Urban Land Institute’s Americas Awards for Excellence. Driven by the bigger questions in life, Brett is dedicated to personal transformational work that allows us to live with more mental and physical freedom.
The Gravity Project—a long-time partner of Rhove and one of the first test properties to appear in the app—is a one-of-a-kind multifunctional space located in Franklinton, OH. “A force for the creation of unique communities,” Gravity aims to develop a collective consciousness that positively impacts the world at large.
For us, the core values really show up in everything we do. It’s the filter through which we make all of our decisions. We like to say that we’re not worried about reputation—we’re worried about character. Our character is on the line every day. — Brett Kaufman
Connect with Brett in the Rhove app, visit his website to learn more about his mission, and add Gravity to your watchlist so you can be one of the first to own a piece of this incredible project.
Weekly Watchlist 📝
Here are some of the many exciting projects you can find in the Rhove app…
Brett Kaufman and Frank Sasso’s Gravity Project was recently named a finalist for the Urban Land Institute’s Americas Awards for Excellence.
Gravity is a force for the creation of unique communities that bring like-minded people, programs, and physical spaces together. The result is a collective consciousness that positively impacts the world at large.
Stanley Marketplace in Aurora, CO is a community of 50+ businesses working together to provide a space where people can eat, drink, work, play, learn, grow, gather, and explore together.
Designed with Millennials in mind, The Stanley Apartments began construction in June and will soon be home to a diverse and inclusive community.
CT Creek’s Empire offers active seniors a better way of living.
With a flexible, worry-free lifestyle, plus access to a wide range of first-class amenities, Empire presents an opportunity for seniors to be part of a vibrant, active peer community.
What would you like to see in the next volume of the Rhove Review? Tweet us your ideas and we’ll check them out!
Plus, join our Discord server to be a part of the conversation and connect with other Rhovers. We share exclusive Rhove updates to Discord all the time, so you’ll never miss out on what’s next for the Rhove community.
Thanks for reading Vol. 1 of the Rhove Review! Here’s to another month of revolutionizing real estate investing. 🥂🥳
*This product is not provided by a bank, depository institution, custodian or fiduciary. Unless otherwise disclosed, the assets in your account are not insured by any private or government insurance plan (including FDIC or SPIC). Digital currency is not legal tender, is not backed by any federal government and Rhove Earn accounts are not FDIC insured. While Rhove and its custodial partners make every effort to keep your money safe and covered, please note that any investment entails risk. The interest rates featured on this page vary according to the dynamics of digital currency markets and are subject to change at any time.
Rhove allows you to earn interest by supplying cryptocurrencies as collateral for the purpose of receiving interest.
Rhove reserves the right to utilize any lending protocol and depending on your state of residency, Rhove may simply credit your account based on the savings rate of a given protocol. If you elect to use Rhove Earn, Rhove will credit the amount of cryptocurrency earned to your account in USD. The interest rate quoted is annualized and may accrue at short intervals (e.g. every 15 seconds). The interest rates reflected are as of the current date and time, and may change at any time, before or after the account is opened on Rhove.
Rhove may amend the list of accepted collateral from time to time by revising this Agreement. Should any cryptocurrency be removed from the list of permitted collateral, deposits already made with such cryptocurrency shall remain in force, unless Rhove informs you otherwise.
Digital Dollars are not legal tender, are not backed by any government, and value balances on Rhove are not subject to FDIC or Securities Investor Protection Corporation (SIPC) protections. Further, Rhove is not a bank and does not offer checking accounts, savings accounts, or any fiduciary services.
Notwithstanding the foregoing, by using our services, you authorize Rhove to hold your deposits for your benefit at Evolve Bank & Trust, Member FDIC, in an account ("FBO Account"). For purposes of applicable FDIC deposit insurance limitations, please note that deposits in Evolve Bank & Trust FBO Account may not be separately insured from any other deposit accounts you may have with Evolve Bank & Trust.