Ljubljana, Slovenia, June 28, 2024, Chainwire
RWA tokenization protocol Blocksquare today announced the launch of its Oceanpoint v0.5 launchpad, introducing Marketplace Pools for decentralized, community-backed real estate investment and tokenization. The launchpad upgrade offers a streamlined process for obtaining funding in tokenized real estate investments for marketplace operators and community members.
Marketplace Pools, a key feature of the launch, streamlines community-driven support and funding. Traders submit proposals to the BST community, detailing business plans and key performance indicators. Community members then approve investment proposals, starting with a minimum deposit of 500 sBST, with the goal of reaching 100,000 sBST to activate full community support and enhanced APY incentives.
“This launch underscores Blocksquare’s drive to advance RWA tokenization through governance and community funding,” said Denis Petrovcic, co-founder and CEO of Blocksquare. “Oceanpoint v0.5 fosters a decentralized market ecosystem where both community members and market operators have the necessary tools and incentives to thrive in this innovative ecosystem.”
The launchpad upgrade ensures inclusive participation with flexible contribution limits and secures investments through a double-locking mechanism, encouraging engagement and stability. Community members who support these initiatives will benefit from increased APY rewards as supported marketplaces achieve their growth goals. Market operators can more easily obtain the necessary support for projects and further demonstrate their commitment to a project by setting performance metrics targets, with a specific time frame and depositing a stake as collateral.
To read more about Marketplace Pools, visit here or join the community forum here.
About Blocksquare
Blocksquare offers SaaS solutions for blockchain-based real estate tokenization. Headquartered in Ljubljana, Slovenia, Blocksquare’s platform aims to power a global network of marketplaces, connecting investors with real estate opportunities in their region. Through its real estate tokenization protocol, anyone can digitize real estate assets at a fraction of the cost, while providing the fastest way to launch an online marketplace. Blocksquare’s Oceanpoint adds a layer to its established tokenization infrastructure to create borderless access to real estate financing, for anyone with an internet connection.
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ContactMarketing directorJulia Buchholz[email protected]
This article was originally published on Chainwire
