The company that manages the NFTs reimburses them for right now.
Thus negating
> but you lose a lot of money on management fees that way.
(It's just not you paying the fees at this point in time.)
I'm not sure how that follows? Lofty.ai is using their investor money to pay the fees. I think they are counting on the fees being negligible at scale.
Maybe I'm misunderstanding but don't the fees scale (basically linearly) with the number of transactions? It seems like you are suggesting that this NFT based approach is superior at least in part because money can be invested/withdrawn more frequently/flexibly.