Blocksquare Launches Real Estate Token Sale and Pilot Program

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RamboLambo
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Blocksquare Launches Real Estate Token Sale and Pilot Program

Sun Apr 29, 2018 9:00 am

The blockchain-based real estate platform Blocksquare announced last week that it has launched its first pilot program, in the same week that it also opened up its crowdsale, on April 18.

The pilot project entails securitizing multi-unit real estate properties in Slovenia with tokens. The units sell out each year, making it a favorable investment and an opportunity for backers to acquire a fraction of a rent-generating property, according to Blocksquare.

Future projects will take place in Luxembourg and Switzerland, the company added.

Blocksquare stated that its network allows anyone to easily and freely trade tokenized assets without long-term obligations, making the venture opportunity fit the needs of backers looking to delve into the cryptocurrency market. To participate, users will simply visit a commercial real estate company’s online site and click a widget, similar to PayPal, to start contributing.


http://www.the-blockchain.com/2018/04/2 ... t-program/

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