New Delhi, July 24, 2018: As more and more industries begin to shift into the ever-growing world of blockchain, it was only a matter of time before real estate followed suit. Based out of Japan, DexisChain bridges the gap between real estate, technology, and innovation by creating a universal real estate market prediction platform using blockchain that will increase transparency and lower the barrier of entry for the average investor.
DexisChain has just announced that their official public launch of DexisChain Protocol Token (DCPT) will start on August 6th, along with a pre-sale that has just gone live on their site and will run until August 5th. Those interested in purchasing tokens can head to their website now. With this launch, the growing company looks to revolutionize how the world invests in the real estate market.
The token will act as both a simple medium of exchange and as a staking mechanism for the surfacing of questions with optimal market relevance. Currently $7 million in DCPT has already been sold privately with a total of $2 billion DCPT avaialble to be issued moving forward with no inflation or further token creation needed. The token sale will have a hard cap of 51,566 ETH (Ethereum). Their whitepaper can be found here for more information.
One of the key barriers that exists in the real estate market is information access. Due to highly localized factors affecting the outlook for any given property development project, smaller investors struggle to get reliable data on underlying assets. There is currently no easy way to acquire such information without either paying for expensive professional appraisal and due-diligence services or relying on advisory products such as research newsletters. DexisChain is looking to bring the uniquely powerful “wisdom of the crowd” information sourcing mechanics to the real estate investing industry.
Real estate investing regulations are also prohibitive and limit the potential pool of investors while investment size restrictions price out the vast majority of interested investors. DexisChain seeks to resolve this worldwide information inequality though the application of blockchain-based predictive markets, coupled with a machine learning and modeling layer to generate affordable, reliable and actionable investment data for the real estate space at all levels of investing experience.
Starting with Japan, DexisChain plans to eliminate prohibitive financial barriers to direct investing and by making a new class of highly liquid real estate assets with trading facilitated by the DexisChain platform. This also allows anyone to tokenize property on an open market, thereby opening real estate to an entirely new world of investors.
Other notable growing markets that DexisChain has their eye on include India and Africa. While initially focused on data within the REIT (Real Estate Investment Trust) space, the DexisChain platform will eventually encompass all manner of real estate investing products, such as real estate ETFs, mutual funds and even individual company stocks as well as other more granular real estate data.
DexisChain also co-hosted a booth at the Japan Blockchain Conference this past June at the Tokyo International Forum, which brought more than 100 experts in cryptocurrency and blockchain. As the first event of its kind, JBC Tokyo introduced one of the largest blockchain gatherings in Japanese history with an estimated attendance of over 10,000 guests throughout the two day event.”
“Real estate is low liquidity because of regulatory barriers so we thought that using tokens will solve this problem,” says director of DexisChain Nobuo Takaki. “We will launch beta service of Dexis in mid-2019 and after gaining many users, we will launch the official platform in 2020. We believe that we will become the key service for the real estate market.”
Because DexisChain is designed to ultimately operate an investing layer on top of the prediction market and data model marketplace, the team is also determined to focus on accessibility and user-based growth. The result will be an ecosystem where both real estate predictions and actual investments are conducted and settled entirely on-chain via the native DCPT utility token.
As a unique secondary layer, DexisChain also incorporates competitive data science to make use of the rich data that prediction markets generate. This layer further democratizes data access by making it available to machine learning models and creates a marketplace where investors can rent highly accurate real estate prediction models from data scientists.
DexisChain is a user-friendly platform where investors at all levels of experience and liquidity can quickly source, analyze, and act upon high-quality real estate market data. Anyone will be able to invest into highly liquid real estate with direct access, completely reshaping the industry as we now know it.
For more information about DexisChain and to join the pre-sale token launch, please head to their official website. Note that their token is not currently available to residents of the United States.
Corporate Comm India(CCI Newswire)
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