🏠💡 Revolutionizing Real Estate with Propbase! 💼🚀
🚀 Let's dive into key features and potential of #PROPS in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Propbase is a tokenized real estate investment marketplace in Southeast Asia, allowing users to invest in high-quality, resilient real estate assets with fractional ownership. Built on the Aptos blockchain, it transforms properties into a modern liquid asset class.
2️⃣ Technology and Features: Propbase leverages the Aptos blockchain for scalability, speed, and security, along with tokenization technology to facilitate fractional ownership. It also utilizes the Interplanetary File System (IPFS) for distributed file storage.
3️⃣ Whitepaper Analysis: Solving real estate industry problems with blockchain. Tokenization and fractional ownership for accessibility. The native token, Props, powers the platform. Smart contracts for property transactions. A rewards protocol to attract new users.
4️⃣ Use Case: The Props token powers the Propbase platform, serving as a method of settlement for smart contract interactions. Users require Props for purchase orders, listings creation, and yield transfers.
5️⃣ Team and Leadership: Led by Founder and CEO Kevin Goos, the team includes experienced leaders like Hudson Leung and Jesse Gage, with proven track records in strategy and online marketplaces.
6️⃣ Partnerships: Propbase has partnerships with major hotel chains like Wyndham, Hilton, Ramada, Pullman, and Banyan Tree.
7️⃣ Security and Audits: Propbase has undergone security audits by Hacken, ensuring regulatory compliance and due diligence.
8️⃣ Tokenomics: With a fixed supply of 1.2 billion tokens and circulating supply of 346.45 million, Props are issued via smart contracts upon Token Generation Event (TGE), and new tokens cannot be minted.
9️⃣ Exchanges: Props tokens can be traded on centralized exchanges, like MEXC, Bitmart, Bitget.
🔟 Recent Developments: Propbase has transitioned to the mainnet successfully, making the staking feature accessible to the public.
1️⃣1️⃣ Conclusion: Propbase is democratizing property investment with advanced technology and strategic partnerships, poised to disrupt the real estate industry.
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