Blocksquare Unveils Community-Driven Real Estate RWA Launchpad

Ljubljana, Slovenia, June 28, 2024 — Blocksquare, a leading protocol for real-world asset (RWA) tokenization, has announced the launch of Oceanpoint v0.5, a new platform aimed at democratizing real estate investment. This update introduces Marketplace Pools, designed to facilitate community-supported and decentralized investment in tokenized real estate.

Simplifying Real Estate Investment

Oceanpoint v0.5’s Marketplace Pools allow community members to support and fund real estate projects proposed by marketplace operators. These operators present detailed business plans and key performance indicators to the Blocksquare community. Upon approval, community members can begin investing with a minimum deposit of 500 sBST. The goal is to reach 100,000 sBST to activate full community support and enhanced annual percentage yield (APY) incentives.

“This launch underscores Blocksquare’s drive to progress RWA tokenization through community governance and funding,” said Denis Petrovcic, Co-founder and CEO of Blocksquare. “Oceanpoint v0.5 fosters a decentralized marketplace ecosystem where both community members and marketplace operators have the tools and incentives needed to thrive in this innovative ecosystem.”

Empowering the Community

The Marketplace Pools feature is designed to simplify the investment process and ensure inclusive participation with flexible contribution limits. Investments are secured through a dual-lock mechanism, promoting commitment and stability within the ecosystem. Community members who support these initiatives can benefit from higher APY rewards as the supported marketplaces reach their growth targets.

Marketplace operators can more easily secure necessary support for their projects by setting performance metric goals within a specified timeframe and depositing a stake as collateral. This approach not only provides financial backing but also demonstrates the operators’ commitment to their projects.

Enhancing Real Estate Tokenization

Blocksquare, headquartered in Ljubljana, Slovenia, offers SaaS solutions for blockchain-based real estate tokenization. The company’s platform aims to power a global network of marketplaces, connecting investors with real estate opportunities in their regions. Through its protocol, Blocksquare enables the digitization of real estate assets at a fraction of the traditional cost, offering a quick and efficient way to launch online marketplaces.

Oceanpoint, an integral part of Blocksquare’s infrastructure, adds a layer of accessibility to real estate financing, making it available to anyone with an internet connection. This latest launchpad update reflects Blocksquare’s commitment to expanding decentralized real estate investment and fostering a more inclusive market.

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• Source: https://www.crypto-news.net/blocksquare-community-driven-real-estate-rwa-launchpad/