EstateX, a leading player in tokenized real estate, successfully completed its first public real estate offering in under five minutes.
EstateX's First Offering
EstateX sold a tokenized property—TUI Blue resort in Cape Verde. Through a partnership with the CEO of RE/MAX England & Wales, the sale was made at less than 10% of the appraisal, offering a 7% rental income yield locked upfront for three years.
Benefits and Opportunities
Tokenization allows investors to access assets starting from $100, with transparency ensured through blockchain and smart contracts, significantly increasing the accessibility and liquidity of investments for a global audience.
Technology and Partnerships
EstateX collaborates with renowned figures in real estate and IT, including Brock Pierce and the CEO of RE/MAX. The project is gaining momentum ahead of the upcoming TGE event and the introduction of the AI agent Homie, offering a full-suite solution for tokenized assets.
EstateX showcases the strengths of tokenization and draws attention to the opportunities in real estate investment through innovative blockchain solutions, bringing a future where such investments are more accessible to a broader audience closer.
