The post Blocksquare announces new launchpad to boost decentralized real estate investment appeared on BitcoinEthereumNews.com.

Blocksquare, a protocol for real world asset tokenization, announced the release of its Oceanpoint v0.5 launchpad. This Blocksquare (BST) update introduces Marketplace Pools to ease the process of decentralized, community-supported real estate investment and tokenization. This update will streamline how marketplace operators and community members can fund tokenized real estate. “This launch underscores Blocksquare’s drive to progress RWA tokenization through community governance and funding,” Denis Petrovcic, Co-founder and CEO of Blocksquare told crypto.news in an interview. “Oceanpoint v0.5 fosters a decentralized marketplace ecosystem where both community members and marketplace operators have the tools and incentives needed to thrive.” Marketplace pools Within Marketplace Pools, operators can present their ideas to the BST community and outline business plans and key performance indicators. Then, community members can approve these investment proposals, beginning with a minimum deposit of 500 sBST (the BST token). Once 100,000 sBST is reached, operators will receive full community support and enhanced APY incentives. This initiative supports participation with contribution limits and a dual-lock mechanism to secure investments in hopes of creating a committed and stable BST community.  Community members can benefit from higher APY rewards as they achieve the growth targets they’ve presented. Marketplace operators can secure the necessary support for projects and demonstrate commitment by setting performance metric goals and depositing collateral. Security To ensure the security of money transactions on Marketplace Pools, Blocksquare has implemented several measures, including a dual-lock mechanism.  “Blocksquare’s infrastructure and business model revolves around third-party operated marketplaces, known as Certified Partners (CPs),” explained Petrovcic exclusively to crypto.news. These CPs are registered within the smart contract system and can “launch their own marketplace of tokenized real estate.” The dual-lock mechanism is a critical component of these security measures.  “This mechanism ensures that both the CP and community members are committed to the pool’s success,”…

---

Filed under: News - @ June 30, 2024 6:10 am