ππ‘π ππ«π’ππ π ππππ°πππ§ 'ππ«π²π©ππ¨' & 'ππ‘π ππππ₯ ππ¨π«π₯π'
A lot of people still believe that crypto is a scam & isn't substantial.
I'd say it's lack of knowledge but with or without their education,
the crypto space keeps evolving.
Sometime last week, I went to the Park with one of my Senior colleagues,
and we had to purchase tickets before having access to the central park which we did.
We got talking & he made a statement, 'If I have to leave here now to the external aspect, it means I'd have to get another ticket'
What if there was a pass that gives us automatic access, more like a MINT PASS?
It is a great idea, isn't it?
I began researching and found out that something similar to that has been made available in the Crypto space.
I stumbled upon two very interesting projects:
πPropbase & Galileo Protocol
These opened my eyes to a sphere of Real World Assets'& a world where luxury can also be digitised π·
We'd be discussing briefly, both projects:
Firstly, here are some terms we'd be making use of frequently β¬οΈ
Fractionalisation:
This allows the division of an asset between multiple owners.
Each owner is registered on the blockchain and holds a visible stake in the asset.
Tokenization:
This is the process of converting something of value into a digital token usable on a blockchain application.
Let's start with Propbase
β‘ What's @Propbase all about?
Propbase is a real-estate marketplace that uses the system of fractionalisation, which gives multiple holders the right to an asset & yields/ profit that come forth.
It is being built on the Aptos Chain which is known for its high nΕ of txns handled per second.
You might be wondering what sets @Propbase apart from the traditional real estate β¦
Shall we?
π Reliability & Safety of asset:
Being a holder, you can be certain that your assets won't be sold off due to unreliable agents' interference
π Goodbye to landing fees:
You can now say bye to every extra fee that you could've paid because you own a landed property.
Propbase gives you an edge while providing you with a safe houseβ¦
π Easy access to luxury: Due to the fractionalisation technique,
you can be a part owner of a house with as low as $100β¦
My mind is blownπ€―.
Chill, I know you want to get onboard really bad but let's head down to the second exclusive platform!
β‘ οΈ What's Galileo Protocol?
Galileo Protocol is a cutting-edge tokenisation platform that aims to transform how luxury goods and real-world assets are owned and authenticated.
The protocol enables asset tokenisation through blockchain technology, allowing the creation of βpNFTsβ to encrypt, store, and transfer data securely.
Okay, let's take this slowly.
β‘ The term pNFTs refers to βphysical Non-Fungible Tokensβ, tokenised physical assets. These can apply to almost anything where
ownership is essential (real estate, luxury watches, cars).
PNFTs are a response to a fundamental problem in the luxury goods market: counterfeiting.
Are we clear now?
Ok, that's great!
Tokenization & fractionalisation of Real World Assets has brought about:
πEasier access to luxury:
In the Real Estate Market, fractionalisation has the potential to open up this market to those unable to afford such luxury.
πSwifter transactions:
The hustle and bustle of performing these transactions using traditional finance
has been made seamless due to the speed of blockchain technology.
π Authenticity check:
Just like a reality check, you can check the authenticity of your goods.
For example, the Louis Vuitton brand - known for luxury,
has made available a digital NFT collection to prevent counterfeit goods & trades!
So we can see that truly the gap between the Real World Assets & digitalisation has been bridged.
Now that we have some knowledge on both, let's talk about getting on board:
βPropbase has carried out two rounds of IDO successfully.
The 3rd round is coming soon!
You can hop on the sales of the token to secure your spot.
Check the website below:
propbase.app
Also, do well to connect via
Social link: linktr.ee/propbase
β @GalileoProtocol
You can join the waitlist for the marketplace launch:
waitlist.galileoprotocol.io
Also, do well to connect via
Social link: linktr.ee/galileoprotocol
Do well to like, comment & follow if you enjoyed this thread π§΅π±
GM GM