EstateX
Description:
EstateX is a blockchain-based tokenized platform for real estate investments. This new technology that enabled real estate to be owned fractionally by normal investors. EstateX aims to overcome that high entry barrier usually needed for traditional real estate by enabling the tokenization of properties, thereby facilitating liquidity, transparency, and democratizing asset ownership.
Project Goals and Objectives
EstateX is the blockchain backbone of real estate democratization. The platform’s goals include making property investments more affordable through reducing entry costs, providing liquidity through tokenized assets, and increasing transparency. EstateX aims to bridge the gap between individual investors and high-value opportunities that were traditionally only accessible by institutional players.
Tokenomics
House of a new token called $ESX is built on EstateX. Like fractional ownership of real estate — issuing tokens for real estate assets that offer versatility and liquidity. They can either be traded on secondary markets or staked for passive income. This tokenomics design is specifically intended to provide.
ICO Information
EstatX had an ICO in order to develop the platform and to bring the $ESX token to the market. The ICO took place in multiple stages, with a public sale in early 2022. This allowed institutional investors and the general public to participate over these stages, providing EstateX with the funds necessary to expand its real estate tokenization offerings.
Technology Features
The EstateX platform utilizes blockchain technology for secure and transparent transactions. The smart contracts in the foundation of the platform ensure that each and every agreement is trustless and effective. Investors can also use their tokens as collateral to take instant loans using the mobile app, improving liquidity and making for a more dynamic investment process.
Team and Leadership
Members of the EstateX team include Thomas Onel, Bart DeBruijn, Steve Beckford and Ronnie Huss. Led by figures with deep experience in both real estate and blockchain technology, this leadership team is realizing a vision of investing in real estate in a way that is accessible, transparent and innovative for investors of all kinds.
Roadmap
Milestones outlined in the roadmap for EstateX include full deployment of the investment platform, expansion into European markets, and the introduction of new investment segments including green energy and commercial real estate. This roadmap is essential, as it guarantees continuous innovation of the platform and increasing availability of real estate investment opportunities.