BlockchainBlocksquare Launches CommunityDriven Marketplace Pools for Real Estate RWA on Launchpad

Blocksquare Launches CommunityDriven Marketplace Pools for Real Estate RWA on Launchpad

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Blocksquare, the RWA tokenization protocol, has announced the release of Oceanpoint v0.5, a major update that introduces Marketplace Pools for decentralized real estate investment and tokenization. This update aims to provide a more efficient way for community members and marketplace operators to raise funds for tokenized real estate investments.

One of the key features of this update is Marketplace Pools, which simplifies community-driven fundraising and support. Operators submit proposals to the BST community, including business strategies and key performance indicators. The community then approves investment suggestions. The minimum deposit required is 500 sBST, and the goal is to reach 100,000 sBST in order to activate higher APY incentives and ensure full community support.

Denis Petrovcic, Co-founder and CEO of Blocksquare, commented on the launchpad update, saying that it promotes stability and commitment by implementing a dual-lock mechanism to secure investments. It also guarantees inclusive participation with flexible contribution limits.

Community members who support these projects will receive higher APY benefits if the supported marketplaces meet their growth targets. Meanwhile, Marketplace Operators can more easily obtain the funding they need for their initiatives by pledging a share as collateral and establishing performance metric goals with a deadline.

For more information about Marketplace Pools, please click here or join the community forum here.

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