Regarding the NAC payment for management fees
Contents
1.What is the NAC payment for management fees?
This is a service that allows you to pay the monthly management fees and related charges using NAC (NOT A HOTEL COIN), our proprietary cryptocurrency.
By making a lump-sum advance payment of the management fees in NAC—either up to September of the current year or up to March of the following year—the management fees will then be automatically deducted each month from your NAC balance.
Please also refer to the NOT A HOTEL DAO NOTE.
2.Regarding the expense items eligible for NAC payment
Only the following items are eligible for payment in NAC.
Expense items | Eligibility for this service |
Software License Fee | 〇 |
Owner Membership Fee | 〇 |
Management Fee ※1 | 〇 |
Fixed Asset Tax | ー |
Fire Insurance Premium | ー |
Earthquake Insurance Premium | ー |
Land Lease Fee ※1 | 〇 ※2 |
House Exchange Fee Difference | ー ※3 |
Self-Use Fee | ー ※3 |
Cancellation Fee | ー ※3※4 |
※1. Some houses may not include these items as expense categories.
※2. Payment timing may vary depending on the house. Only monthly expense items are eligible.
※3. Separate from this service, one-time payments using NAC are also available.
※4. NAC payments are only accepted for certain cancellation fees incurred due to schedule changes.
3. Regarding the applicable payment period and the starting date.
Applicable payment period (please choose one of the following):
Up to September of the current year (maximum of 6 months)
Up to March of the following year (maximum of 12 months)
Service Start Date
The service will begin from the settlement date that falls at least 30 days after the application date.
Payment via NAC will be applied starting from the withdrawal in the month following the application.
4. Process Flow
Apply for NAC Payment
You can apply through the NOT A HOTEL Owner App.
To apply for NAC payment, prior integration with GMO Coin is required.
Reference: How to work with GMO Coin
Make a Lump-Sum Advance Payment in NAC
At the time of lump-sum payment, the NAC price is provisionally calculated as "1 NAC = ¥1,000".
Monthly Settlement
On the 27th of each month, the management fees will be automatically paid from your pre-paid NAC balance.
The NAC price at the time of monthly settlement will be calculated based on a designated rule to reflect the market value.※
Refund
After the payment period ends, if there is a surplus due to an increase in the NAC price resulting in a difference between the prepaid NAC and the amount used during settlement, the excess NAC will be returned to your GMO Coin account.
Optional Renewal
NAC payment is applied for on a per-period basis. After the period ends, NAC payment will be automatically canceled and switched to bank account withdrawal.
If you wish to continue using NAC payment, please submit a new application.
※ About the Price Calculation Rule for Monthly Settlement
The price is calculated based on the simple moving average of daily prices over the past 30 days, using the monthly settlement date as the reference point.
1 NAC = (Closing price on the 26th + Closing price on the 25th + Closing price on the 24th + ...) / 30
※ Application of the "Special Discount Policy
If the NAC price at the time of settlement falls below 1 NAC = ¥1,000, it will be calculated as 1 NAC = ¥1,000.
This special discount policy may be revised in the future depending on conditions such as the implementation of an IEO.
5. Application Method
Step 1. Select Payment Period and Agree to Terms
On the app’s My Page, tap “Advance Payment of Management Fees with NAC.”
Select the applicable house and tap “Prepay with NAC.”
Choose the period for lump-sum NAC payment and check the box to agree to the special provisions for payments with NOT A HOTEL COIN.
Tap “Make Payment.”
Step 2. Complete the Application by Making a Lump-Sum Payment
Tap “Send NAC.”
You will be redirected to the GMO Coin screen. Enter the authentication code and send the NAC.
関連：