Crowd Investing to abandoned house renovation using STO (security tokens) to fight housing crysis and restore and reclaim abandoned buildings to the people.
Description:
TokenEstate is a revolutionary web3 platform designed to democratize real estate investment through blockchain technology. It enables the tokenization of abandoned and underutilized properties, allowing anyone to invest in real estate projects with transparency and security. By investing, users receive security tokens representing ownership shares, which entitle them to a portion of the rental income once the property is renovated and leased.
Main Features:
Property Tokenization:
Convert real estate assets into digital tokens, making property investment accessible and divisible among a broader range of investors.
Initial Token Offering:
Tokens are to be sold on the platform within a given period (2 hours to 24 days). The investors see the project details, i.e. the photos of the building, the renovation project, the budget and period, and the expected ROI estimation.
The investors buy tokens using an escrow smart contract: in this case, the required amount of funds is not raised, the investors are getting their money back.
Investor’s account:
history of investments, history of returns Investor Dashboard: An interface for investors to track their investments, view property details (renovation progress, rental status etc), manage their portfolio, and monitor rental income.
Rental Income Distribution:
Automated, transparent, and fair distribution of rental profits to token holders, leveraging smart contracts for accuracy and timeliness. Utilizing: Request Network, Sablier
(stage 2) Exit mechanisms:
secondary market for the tokens, token-based voting on selling the property
Bounties:
⭐️ BNB Bounty:
- Utilizing BNB Greenfield to store property lectures on-chain.
🧩 Request Network Bounty:
- Project Integration: Integrate Request Network for handling all investment transactions and payouts on TokenEstate, ensuring secure, transparent, and efficient payment processing.
🥏 Base Bounty:
- Project Integration: Build TokenEstate on Base as an L2 solution to leverage its security, low-cost, and builder-friendly environment, especially focusing on consumer engagement or public goods funding (e.g., community projects in renovated areas).
- Key Features to Showcase: Create a user-friendly app that introduces a novel onchain service for real estate, or develop a platform for funding community projects in renovated properties.
💙Arbitrum DAO Bounty:
- Project Integration: Deploy TokenEstate on Arbitrum to benefit from its enhanced speed and lower costs while exploring new ways to engage non-technical contributors in the platform.
- Key Features to Showcase: Highlight the deployment on Arbitrum for efficiency, and create non-technical onboarding strategies for real estate investors unfamiliar with blockchain.
🔷 ENS Bounty:
- Project Integration: Implement ENS for easier and more human-friendly navigation within the TokenEstate platform, such as property tokens’ address names.
- Key Features to Showcase: Use ENS to assign readable names to properties and user wallets, integrating identity solutions to enhance user trust and interaction. https://tranquil-dollar-91a.notion.site/TokenEstate-d24fddc030c64d8d835a26a0ec592762?pvs=4