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Blocksquare Unveils Real Estate RWA Launchpad with Community-Driven Marketplace Pools

source-logo  thenewscrypto.com 28 June 2024 15:40, UTC

Blocksquare, the RWA tokenization protocol, today announced the introduction of Oceanpoint v0.5, which features Marketplace Pools for community-driven, decentralized real estate investment and tokenization. The launchpad update gives community members and marketplace operators a more efficient way to raise funding for tokenized real estate investments.

One of the launch’s main features, Marketplace Pools, makes community-driven fundraising and support easier. Proposals with business strategies and key performance indicators are given by operators to the BST community. Subsequently, investment suggestions are approved by the community members. The minimum deposit is 500 sBST, and the goal is to achieve 100,000 sBST to activate greater APY incentives and complete community support.

Denis Petrovcic, Co-founder and CEO of Blocksquare stated:

“This launch underscores Blocksquare’s drive to progress RWA tokenization through community governance and funding. 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.”

The launchpad update promotes stability and commitment by securing investments with a dual-lock mechanism and guaranteeing inclusive participation with flexible contribution limits.

Higher APY benefits await community members who support these projects, provided supported marketplaces meet their growth targets. Marketplace Operators may more readily get the funding they need for initiatives and show their dedication to the project by pledging a share as collateral and establishing performance metric goals with a deadline.

For additional information about Marketplace Pools, please click here or join the community forum here.

thenewscrypto.com