Real Estate And Blockchain

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I am continuing to search for more projects in the Real World Assets, and after yesterday's post about LandX Finance today I am going to write about Propchain. With a mission to democratize access to real estate investment and simplify the process for everyone, Propchain offers a seamless platform that redefines how we perceive and engage with property investment.


What is Propchain and How Does it Work?

Propchain is a blockchain ecosystem tailored for real-world asset issuance and management, particularly focusing on real estate. Its core function revolves around tokenization, which involves converting tangible real estate assets into digital tokens. This process opens up new avenues for investment by making real estate more accessible and liquid.

The technology behind Propchain operates on a decentralized model, ensuring security and transparency in all interactions. Through smart contracts deployed on the blockchain, Propchain automates various processes, from asset tokenization to their management. This automation streamlines transactions, reduces intermediaries, and enhances efficiency.

Users can explore investment opportunities on the Propchain platform, select properties of interest, and invest specified amounts digitally. Propchain conducts thorough due diligence, ensuring regulatory compliance and investor protection. Once the investment threshold is met, tokens representing fractional ownership of the property are distributed to investors' wallets, and funds are transferred to the property stakeholders.

Propchain's Product Solutions

The platform offers a user-centric interface, combining the familiarity of web2 with the security of web3. Through features like self-custody, investors have greater control over their assets, minimizing risks associated with third-party dependency.

Propchain's product solutions extend beyond investment facilitation. It offers educational resources to empower users with knowledge about real estate investment. Additionally, wealth management tools assist users in effectively managing their investments, enhancing their financial literacy and decision-making capabilities.

Regulatory Framework and Challenges

Navigating regulatory waters is crucial for Propchain's success. The platform complies with stringent regulations to ensure legal compliance and investor protection. Partnerships with legal firms like TGS Baltic ensure that Propchain operates within the bounds of the law.

However, regulatory compliance poses challenges, especially in the evolving landscape of blockchain and cryptocurrency regulations. Propchain must continually adapt to changes in regulations across different jurisdictions to maintain its legitimacy and trust among users.

Tokenization, Token, and Tokenomics

By tokenizing real estate assets, Propchain transforms traditionally illiquid assets into liquid digital tokens, enhancing their tradability and accessibility.

The utility token, PROPC, serves as the lifeblood of the Propchain ecosystem. It enables users to access various platform features and incentivizes engagement through loyalty and tier programs. PROPC also facilitates liquidity through buybacks, ensuring a healthy token economy.

Propchain's tokenomics prioritize user benefits and platform sustainability. By rewarding user engagement, facilitating liquidity, and enabling business accounts, Propchain creates a vibrant ecosystem where users can thrive and grow their investments.

$PROPC Initial Distribution
Operations: 15%
Treasury: 12%
Seed: 10%
Private: 10%
Team: 10%
Marketing: 10%
Rewards: 10%
Exchange & LP: 10%
Advisors: 5%
Referrals: 5%
Strategic/KOL: 2%
Public: 1%
source

Market Cap : $79,593,821

Circulating Supply 15,955,208
Total Supply 84,917,776
Max Supply 100,000,000

source

Propchain introduces the real estate investment innovation, harnessing blockchain technology to revolutionize how we invest in properties.

Links

https://propchain.com/
https://twitter.com/PropChainGlobal
https://files.prop.com/hubfs/Prop.com%20Whitepaper%20-%20October%202023%20-%20V1.1.pdf

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2 comments
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blockchain tech continues to break into new grounds. There is a big industry for tokenization in the real estate industry.

Regulator compliance will pose some limitations for the moment, yet with time options will ease this concerns

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