menu
techminis

A naukri.com initiative

google-web-stories
source image

Coinpedia

2w

read

423

img
dot

Image Credit: Coinpedia

EstateX Sells Out Initial Blockchain Real Estate Offering in Record Time

  • EstateX sold out its first public, tokenized real estate property offering in under five minutes.
  • The sale was enabled through a strategic partnership with the CEO of RE/MAX England & Wales, offering the property at less than 10% of its appraisal and providing a 7% upfront rental income yield.
  • The property, a TUI Blue beach resort property in Cape Verde, is secured through a smart contract on the blockchain, ensuring transparency for investors.
  • EstateX aims to democratize access to real estate investments, and has garnered backing from prominent figures including Brock Pierce and the CEO of RE/MAX England & Wales.

Read Full Article

like

25 Likes

For uninterrupted reading, download the app