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Commerce · June 12, 2024

Real Estate Tokenization

Real Estate Redefined:Tokenize, Transform, Triumph

Real Estate Tokenization launched on June 12, 2024. The site was still online in September 2026, 2 years on.

What it does

Real estate tokenization by Spydra offers increased liquidity, transparency, and accessibility, allowing fractional ownership on a blockchain network.

Explore how Spydra enables seamless real estate tokenization and leverages blockchain technology to revolutionize the real estate industry

Represent a token as an NFT or an asset on the blockchain. An NFT is a unique token that is distinguishable from every other token on a blockchain, making it suitable for real estate as each property is different. This also represents ownership or transfer of real estate. One compelling use case for real estate tokenization is fractionalization , which enables fractional ownership of a property. To enable fractionalization, one or more real estate NFTs need to be added to a vault, creating a collection of real estate properties. Only a trusted custodian can deposit or withdraw a property. Fungible tokens are now issued and indistinguishable from each other. Individual tokens can own…from spydra.app

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Source: Product Hunt launch ↗

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