Real-world asset (RWA) tokenization has created a connection between traditional finance (TradFi) and decentralized finance (DeFi). By converting physical assets into digital tokens, previously intangible or immovable assets are now more accessible than ever.
Tokenizing RWAs offers numerous benefits, including increased accessibility to investment opportunities, improved liquidity flows, and the potential for fractional ownership. This has opened up a more connected world, bringing together blockchain technology and RWAs such as real estate.
To innovate the combination of TradFi and DeFi, companies like Portio Capital are taking things a step further. They are using Blocksquare’s Oceanpoint v0.5 launchpad to create thriving coliving marketplaces.
The tokenization of RWAs ensures that assets are securely stored on the blockchain, providing a level of security, ease of transfer, and transparency that was not possible before. This opens up traditionally high-value assets like real estate to investors who were previously excluded from the market.
By allowing fractional acquisition of a property instead of requiring an outright purchase, RWAs significantly reduce the need for large amounts of capital. The ability to buy fractions of a tokenized property improves liquidity access, facilitates smoother transactions, and ensures blockchain-secured ownership.
Blocksquare, as a pioneer in real estate tokenization technology, has taken the tokenization of properties to a new level. The company recently announced the tokenization of $100 million worth of real estate across 21 countries. This included hotels, restaurants, healthcare facilities, apartments, and parking lots.
In September 2023, Blocksquare achieved a groundbreaking milestone by executing the world’s first notarized tokenization of a real estate property and integrating it with the Solvenian land registry. This achievement allowed the protocol to access a market worth approximately $16 trillion, setting a new global standard for innovation and security in real estate tokenization.
Blocksquare’s Oceanpoint v0.5 ecosystem allows users to stake the protocol’s native utility token (BST) or convert it into the governance token sBST to have a greater role in the platform’s future. This dual-utility of Blocksquare’s BST creates increased access to real estate financing for users globally.
Portio Capital, a forward-thinking European company, leverages Blocksquare’s technology to revolutionize the real estate industry. Their focus is on the coliving sector, where individuals share living spaces and embrace community-oriented lifestyles. This type of communal living is gaining popularity due to its social benefits and affordability in urban areas.
Portio Capital saw the potential for RWA tokenization in the coliving sector and turned theory into practice by facilitating tokenized coliving properties. This allows fractional ownership in coliving properties, giving investors rights to property appreciation and rental income through blockchain technology.
With rising housing costs, inflation, and mortgages, this opportunity comes at a perfect time. Portio Capital was able to build a safe and user-friendly marketplace platform by utilizing Blocksquare’s protocol, API, and whitelabel solutions. This platform allows token transactions, property listings, and secure wallet integration in one place.
However, funding for operational and development costs posed a challenge for the coliving tokenized marketplace. To overcome this hurdle, Portio Capital turned to Blocksquare’s innovative DeFi platform, Oceanpoint v0.5. Through this platform, they launched a marketplace pool campaign, inviting community members to pledge sBST governance tokens. This not only secured funding but also ensured community engagement and alignment with the marketplace’s success.
After the successful launch, Portio Capital focused on expanding the ecosystem by partnering with property owners to tokenize shares and list them on the platform. They also highlighted the social and environmental benefits of coliving, appealing to eco-conscious investors and supporting efforts to reduce urban housing crises.
Portio Capital’s success can be attributed to the proposition as well as the support provided by Blocksquare’s Oceanpoint v0.5 infrastructure. This infrastructure enables projects like Portio Capital to receive pooled resources and overcome initial and future challenges.
Community involvement in a project establishes strong foundations to overcome limitations that often hinder projects. Blocksquare’s launchpad initiative offers a 100% discount on SaaS solutions to ensure every project has the opportunity to launch and thrive.
As Portio Capital prepares for their marketplace pool launch on June 28, they encourage community members to join initiatives like the Bricc Factory points campaign and participate in Blocksquare’s governance voting forum. The success of Portio Capital showcases the power of the community and the possibilities that arise when blockchain meets real estate.
