As a seasoned researcher with a keen interest in blockchain technology and its potential to revolutionize traditional industries, I find myself captivated by Coded Estate’s ambitious venture into redefining real estate transactions.
Paris, France, October 9th, 2024, Chainwire
Coded Estate has successfully completed a round of angel investment that was oversubscribed, receiving funds from Mozaik Capital, Hyperion Ventures, Black Dragon, Dutch Crypto Investors, and others. Moreover, Coded Estate is now initiating its “Pre-Season Mainnet Campaign,” a project designed to provide early liquidity for the platform and prepare for the mainnet launch on Sai Perpetuals, which operates on the Nibiru Chain network.
Didrik Angell, one of our co-founders, expressed his excitement about completing our angel investment round and welcoming distinguished investors on board. Our goal is to revolutionize the real estate transaction process using blockchain technology, making ownership more attainable and enjoyable! The collaboration with Nibiru will boost our abilities, and our pre-season campaign is just a taste of what’s to come as we gear up for the launch of a platform that could transform how people invest in real estate forever.
Leveraging Blockchain for Real Estate Innovation
As an analyst, I’m excited to share that I’m part of the team behind Coded Estate, a pioneering initiative aiming to revolutionize the $280 trillion global real estate market using cutting-edge blockchain technology. With our background in developing applications on Solana, Thorchain, and Sei Network, we’re committed to establishing Coded Estate as a central Web3 platform for real estate transactions.
As a researcher in this field, I’m excited to share that our platform is designed to facilitate on-chain real estate transactions, including sales and rentals. It introduces the concept of fractional ownership, allowing multiple parties to own a piece of a property. To ensure market transparency, we leverage dynamic Non-Fungible Tokens (dNFTs), hybrid smart contracts, and zero-knowledge proofs (ZKPs). These advanced technologies not only increase the trustworthiness of our platform but also make it more efficient and secure for all users.
As an analyst, I’d rephrase it like this: “Didrik Angell, co-founder, explains that by implementing these technologies, Coded Estate empowers users to invest in shared ownership of properties. This move not only democratizes and streamlines real estate markets but also prioritizes transparency and user-friendliness.
Strategic Integration with Nibiru
Coded Estate decides to shift its strategy towards Nibiru, a cutting-edge blockchain and smart contract platform that boasts an efficient, Ethereum Virtual Machine (EVM)-compatible execution layer called Nibiru EVM. The goal of the Nibiru blockchain is to cater to the increasing need for flexible, scalable, and user-friendly Web3 applications.
In simple terms, the Nibiru EVM, set for alpha testing in June 2024, is expected to broaden market access and make it easy for Nibiru to connect with the larger cryptocurrency network. This feature will also enable Coded Estate, along with other applications built on Nibiru that use Wasm technology, to be accessible to the large Ethereum user community.
Pre-Season Mainnet Campaign to Introduce Early Liquidity
Coded Estate officially unveils its Pre-Season Mainnet Campaign, an initiative that aims to thank and reward early adopters of our platform with unique advantages. This campaign signifies the completion of Coded Estate’s transition from idea to reality and encourages participants to contribute to the initial liquidity pool for special perks, such as incentives for early adoption. The campaign also includes integration with Sai, a decentralized trading platform set to launch on Nibiru, which will provide users with opportunities to trade Real World Assets (RWA) through perpetual markets offered by Sai.
About Coded Estate
Coded Estate stands as the leading real estate hub in the digital era of Web 3.0. This innovative platform facilitates the blockchain transaction of homes and rentals, revolutionizing the concepts of fractional ownership and housing market speculation. By utilizing decentralized Non-Fungible Tokens (dNFTs), hybrid smart contracts, and zero-knowledge proofs (ZKPs), Coded Estate creates a user-friendly, efficient, and transparent marketplace for these services.
About Sai
Sai represents a freshly designed continuous trading tool, established within the Nibiru platform. By linking up with Coded Estate, Sai provides advanced trading and liquidity control features, thereby fortifying the entire system’s robustness.
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2024-10-09 17:08