RWA is one of the most ambitious narratives in this cycle. Boston Consulting Group, Citibank and other institutions predict that the RWA track will reach a scale of 10 trillion by 2030, while the current valuation of the entire track is less than 5 billion US dollars, with a potential of 1,000 times. With the recent announcement by the world's largest asset management company BlackRock to launch a tokenized product $BUIDL, RWA has once again set the stage. But please don't forget that BlackRock is the world's largest real estate fund, and real estate RWA has great potential!

BlackRock manages nearly 10 trillion in assets, of which real estate accounts for 32%. If $BUIDL is BlackRock's first step into RWA, achieving stablecoin financing and $BUIDL full-scenario payment, then the next step, the global 280 trillion real estate assets, will be BlackRock's biggest ambition in the Web3 field!

Therefore, for the RWA track, our future focus should be on real estate-related projects and BlackRock’s future developments.

Real Estate RWA Advantages:
- Reduce investor entry barriers, divisible, global investors can participate
-Reduce the need for intermediaries such as brokers and lawyers, reducing transaction time and costs
- Transactions are on-chain, cannot be changed, safe and transparent
-Smart contracts guarantee rental returns
Since real estate RWA has so many advantages, today we will introduce a new star RWA real estate project that has not yet issued a coin: modusdapp

1/ Project Introduction
modusdapp is a RWA real estate investment platform that aims to open a risk exposure on the chain for real estate investors and bring high returns to investors.

Users who have passed KYC can invest in a certain share of the partner's real estate in the UK on the platform, and receive a certain percentage of APY after maturity. In addition to interest income, there are also recent airdrop activities to obtain future Modus tokens.

2/ Project Introduction
Speaking of Modus, we have to mention @airdao_io. Modus is the first RWA project incubated by AirDAO, which is invested by DWF, listed on Binance, and a L1 public chain and Web3 ecosystem managed by the community.

Modus is built on AirDAO, ensuring trustless transactions, secure ownership verification, and automatic execution of protocols. This decentralization empowers users, gives them control over their assets, and enables seamless participation in real estate investment.


3/ Business Logic

Next, we will introduce Modus's business logic and project information in detail.

• Real-world developers partner with Modus to provide profitable development opportunities

• Investors complete KYC and invest in their favorite real estate targets through on-chain interactions to obtain shares

• Modus’ smart contract will track users’ positions and ultimately reward investors with APY after the investment cycle ends

4/ Platform Usage Process

• Go to https://app.modusdapp.org
• Connect to Web3 wallet
• Complete KYC
• Buy $MODUS tokens in DEX or CEX (currently not issued, temporarily unused)
• Stake $MODUS to unlock different levels of investment quotas
• Choose a real estate project in the market and invest (stake $USDC)
• Receive $USDC and APY rewards after the investment period ends


5/ Real estate project background

As the platform has just been launched, there is currently only one investment project: Leatherhead in London.

Leatherhead is a collection of 9 independent apartments next to Surrey Hills. It is surrounded by complete facilities and is a 7-minute walk to Leatherhead Station and 45 minutes to London Victoria.

6/ Investment Information Summary

• Project name: Leatherhead London
• Price per share: 125 $USDC
• Total raised: 500,000 USDC
• APY：24%
• Investment period: 122 days
• Raised: 65,375 $USDC

7/ Audit status
For RWA projects, compliance with the legal framework is particularly important!
Investing in Modus is equivalent to investing in its SPV (special purpose entity), which is equivalent to the user signing an investment agreement with British legal effect to protect the user's rights and interests.
In terms of compliance, the team worked with Reed Smith and Taurig Greenbaum to develop a complete legal framework to ensure compliance, and recently conducted a thorough audit by @AssureDefi.

8/ KYC process

Mouds' KYC is technically supported by professional KYC outsourcing agency @Sumsubcom.

• Users go to https://app.modusdapp.org/kyc to enable KYC
• Complete the questions one by one according to each step of the process
• After answering the questions, upload your ID and wait for review

9/ Official Tokens

To participate in investing on Modus, you must hold and stake $MODUS tokens.

• Users can unlock different investment levels by staking $MODUS. The more they stake, the more $USDC they can invest in each project.

• In addition, $MODUS ensures its deflationary state through a destruction mechanism to increase scarcity and potential value.


11/ Team Information
•George Henderson: Co-founder of the project, has early-stage technology SaaS businesses such as Fuel Ventures and Sudo Capital, and has venture capital background
•Elliot Khalil: Co-founder of the project, has worked in many traditional financial companies, such as Julius Baer, ​​and is mainly engaged in bank structured products and fund management
•Yves Le Blanc: Co-founder and CTO of the project, a technical expert, has worked in many Internet companies and has been running a VC in the past few years.

12/ Economic Model

Token Name: $MODUS

Value Capture:
• Stake to unlock more investment
• Platform governance
• 5% of each real estate project financing will be destroyed later

The specific allocation is as follows:

13/ Roadmap

• Q2 focused on increasing exposure to real estate projects, developing ZK KYC, and developing social wallets

• Token sales will start in Q3 and we will cooperate with some Launchpads

• CEX will be launched in Q4, clearing functions will be developed, and real estate investment opportunities will be sought in the EU and the UAE, and real estate projects in more countries will be launched

Summary: RWA track is one of the biggest outlets in this cycle, and real estate RWA is the world's largest tokenized market, with a scale of 280 trillion. If 1% of it is converted, it will reach 2.8 trillion. The market cake and ceiling are large enough, and#MODUSis an RWA real estate project with a relatively complete compliance path. Whether it is incubation background, KYC compliance requirements, or team background, it is very complete and has huge potential, which is worth looking forward to!