SUMOTEX  High-risk - dapp.expert
SUMOTEX
Category: High-risk Blockchain: Ethereum Language: English Platform: Web

SUMOTEX - work in the real estate industry

Founded in 2021, Sumotex was created to revolutionize a long-stagnant real estate industry.

Contents:

SUMOTEX - a real estate project

Operation of the SUMOTEX protocol

SUMOTEX - a protocol, based on the tokenization of off-chain assets (real estate, bonds, funds, company shares).

SMTX addresses a very fundamental problem in institutional finance: the illiquid nature of assets (real estate, unlisted company stocks, bonds, term deposits). The SMTX AssetFi tokenization protocol, often locked down for months to years, provides a solution to this problem.

Tokenized real estate will become limitless, as there are no geographical restrictions on the ownership of a piece of real estate. Also, the entry barrier to owning huge real estate/businesses is lowered as the tokens are divisible.SUMOTEX

Fund managers and financial institutions, wishing to liquidate/tokenize their funds or assets, can do so via the SMTX protocol. Institutional finance is ready for a revolution and SMTX is leading the way with web3.

Other features:

Decentralization of the asset manager With the AssetFi protocol, any asset owner, family office and financial institution can access the technology and resources that SMTX provides on a deal-by-deal or portfolio basis.
Investment and credit vault The embedded asset manager will be able to issue/launch their funds with their offer once the asset has been approved by the governance protocol.

SMTX will issue its first real estate-backed stablecoin whose assets will be verified by a public trustee, acting as a node validator. It will be the most secure stablecoin in the world as it is pegged to real estate, one of the most capitalized assets.

The AssetFi protocol is the main protocol, used to tokenize any real estate off the grid from real estate, bonds and shares of a company. SMTX is considered as a utility token that is used in the AssetFi protocol. Owners / investors can trade, exchange within the protocol between their real credit and investment funds.

Terms of use

To buy SMTX, you will need the following: MetaMask wallet/extension, select an Ethereum network and prepare enough USDC to buy the desired amount of SMTX. Once you have gone through the transaction process, you will be able to see your SMTX in your wallet.

Once you have chosen your SMTX, you will need to specify the Gas Fee, the transaction fee you need to pay when interacting with the blockchain. You will be able to choose the amount to match your waiting time with lower fees. It will only take a few minutes to complete the transaction even at lower rates.

Site pricing will be fixed at $0.07 until all allocated SMTX are sold out. The starting sale price of SMTX will be $0.10.

Dapp SUMOTEX
SUMOTEX dapps

SUMOTEX - work in the real estate industry Statistics

Users
24 hr: 0
0%
Total: 3
(2400 days)
ATH: 1
(Sep 27, 2022)
Volume
24 hr: 0
0%
Total: 0
(2400 days)
ATH: 0
(Sep 25, 2022)
Transactions
24 hr: 0
0%
Total: 12
(2400 days)
ATH: 10
(Sep 25, 2022)
0

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