#PARCL #Solana #RWA #HotTrends
The Solana ecosystem has always been lively, with out-of-circuit projects coming out from time to time, and airdrops being launched frequently to attract traffic and attention.
Parcl, the RAW track, has also been very popular recently. Parcl plans to launch the token PRCL in April and airdrop it to early users and the community.
What is Parcl
Parcl is the first decentralized real estate derivatives protocol built on the Solana network to create a liquid market around real estate, allowing users to invest in one square foot of real property through a price index.
Parcl is the real estate field of RWA track, and RWA is also a popular section in 2024.
RWA (Real World Assets) refers to assets with actual value that are tokenized through blockchain technology. Owning tokens means that you have ownership of the corresponding assets in the real world, which can be stored on the chain. Carry out transactions such as lending, leasing, buying and selling.
Parcl is currently available in 10 U.S. cities including New York, San Francisco, and Chicago, and will also launch real estate index products in cities such as Hong Kong, London, and Jakarta in the future.
Parcl project background
Parcl has received a total of US$11.6 million in financing from well-known institutions such as Coinbase Ventures and Solana Ventures.
The project will be launched in 2021, the Homeowners Association NFT will be issued in 2022, and the mainnet will be launched in 2023.
Parcl issued an announcement in February that the project token PRCL will be launched in April with a total supply of 1 billion. 7% - 8% of the tokens (i.e. 70 million - 80 million) will be airdropped to the community. The total initial flow is expected It is 10% -12%, the quantity is limited, and the selling pressure is relatively low.
Currently, the locked amount of Parcl exceeds 180 million US dollars, and the number of interactive addresses is more than 230,000.
How to participate in Parcl interaction?
Parcl's main interaction methods are staking and trading, providing liquidity for projects and conducting real estate contract order transactions on the chain.
Interaction earns points.
For example, if you pledge liquidity, you will get 5 points for 1 USD, and if you pledge 500 USD, you will get 2,500 points; if you open a long or short order, you will get 2.5 points for 1 USD; and you can get 10% points by inviting friends.
①Pledge USDC
Use phantom wallet to log in to app.parcl.co and pledge USDC to get points. Generally, points are updated every 24 hours.
You can transfer it to USDC from the exchange, or exchange SOL for USDC on the Jupiter platform.
It takes 30 days to unpledge the pledged USDC and cannot be withdrawn at any time.
②Trade long or short orders
Open long or short orders on Parcl. The more transactions you make, the more points you will get; you can also get additional points as rewards for each successful closing of a position.
③Invite friends
Invite friends and get 10% of your friend's points as a reward.
If you are a new user who has just started interacting with Parcl, you can also enter Chuxiao Link’s invitation code “chuxiao” to get a 5% points increase.
You need to enter the inviter's invitation code before you can generate your own invitation code.
④Purchase NFT
Parcl issued Homeowners Association NFT in 2022. Holding NFT can get a points bonus. Holding 1 NFT will add 20% points.
The current NFT floor price is 14 SOL, and the initial whitelist sale price is 0.5 SOL, with a total of 7,777 units. If the airdrop returns are not good and the NFT falls, it will lead to double losses.
Parcl airdrop expectations
With the support of SOL ecology, RWA track, large institutional financing and other backgrounds, as well as fewer interactive users and less early token flow, the market is particularly looking forward to Parcl's airdrop.
Currently on the futures trading platform Aevo, the price of PRCL is US$1.8, which rose to US$3.2 in the early days.
In addition, the interaction method is relatively simple. You only need to pledge or trade, and obtain airdrops through points.
Parcl's points will correspond to future airdrops. The airdrop rules have not yet been announced. It is expected to be launched in April. It is now the final sprint time for interaction.
The RAW track has a narrative, and Parcl is the first real estate on-chain trading platform, breaking geographical limitations and lowering the threshold for participation;
NFT-based home ownership provides a new way to trade real estate;
At the same time, through real-time data updates, information barriers are broken and more opportunities are provided for global real estate transactions. This is a potential opportunity for Parcl.
Of course, whether the Parcl gameplay can be recognized by the market, there are greater risks in real estate investment on the chain;
As well as traditional real estate transactions and on-chain competition, these will hinder project development, resulting in unsatisfactory project development and flat PRCL trends. These are all potential risks.
The above is just my personal opinion, no investment advice. I am Chuxiaolian, and I am paying attention to the encryption market and web3.
