Crowd Investing to abandoned house renovation using STO (security tokens) to fight housing crysis and restore and reclaim abandoned buildings to the people.
🏅Bounties list
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. **Base or Arbitrum
- 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. The initial token offering is considered successful if at least 80% (this parameter can be changed) of the required funds are attracted from the investors), in this case the developers are receiving the collected funds to renovate the building, and the users are getting the security tokens. If this condition was not met, the smart contract send the money back to the investors. Base or Arbitrum
- 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. Akasha
- Rental Income Distribution: Automated, transparent, and fair distribution of rental profits to token holders, leveraging smart contracts for accuracy and timeliness. Request, Sablier
- (stage 2)Exit mechanisms: secondary market? buy-back?
- Educational Resources (blog, optional): Provide users with materials to understand real estate investment, blockchain technology, and the specifics of tokenization to make informed decisions.
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.