CitaDAO Los rau launches DeFi compatible real estate

"Before deciding on the direction of the real estate industry, it should be borne in mind that there is always a market in the real estate industry." -Paul Cliterero

Since the global spread last year, central banks in many countries have pumped water to solve global financial problems. However, free advertising reduces the purchase of funds and leads to inflation. Recent macroeconomic developments have changed the perception of people of various wealth classes, in which cryptocurrencies outperform assets such as securities and contracts. The domain is also another asset, but its true value has not been disclosed due to a large impact on access, and CitaDAO, which has always been a good financial hedge, is trying to solve this problem.

Assets are generally divided into two categories: industrial and geographic. The owners can be single-family homes, houses, apartments, houses, multi-family houses, houses, etc. Commercial real estate refers to any real estate that can generate income, including multiple households or retailers with multiple tenants, retailers. , office, personal storage, A place, hotel, land or property to rent to a tenant. Having income as an asset is a viable and profitable investment.

However, the real estate industry has serious access issues, unlike other real estate projects. You can build wealth, but it's still difficult for the average citizen to get into it. Singapore-based multinational bank DBS Bank (DBS) announced the first $ 11.3 million digital contract (STO) through digital exchanges earlier this year, but only authorized businesses and consumers can purchase it. What are the advantages of housing tokenization when combined with blockchain technology? Asset tokens can be a great link to mortgage rates. Real estate tokenization is the process of creating a virtual token to represent the members of a particular lot, which has been tried by many previous projects.

The tokenization of real estate opens up the real value of real estate. Tokens are supported by physical assets, so their value is based on the market value of the assets involved. With the help of blockchain technology, the public can access the tokens. This project can solve many real estate financial problems.

Finding a home: Finding a home is difficult. There are many online stores, but they are different from the market. Tokenization allows sellers to instantly reach multiple buyers in different areas.

Low barriers to access: tokenization allows ownership to be divided into several sections. Low budget users can easily purchase these tokens. There is no legal process involved in purchasing these tokens, and the purchasing process can be changed easily and smoothly.

Liquidity: Buying and selling real estate is a difficult task that takes a lot of time and effort, and the legal process itself is very lengthy. In the real world, forest elephants are exposed to aggression from speeding dwarves. Tokenization makes it possible to mediate the exchange of members while promoting a certain form of exchange.

Proof of membership: Proof of title consists of legal documents in the real estate sector. Tokenization uses distributed technology to write blockchain transactions. There are tokens that can be used as proof of membership, which can easily solve the issue of membership verification.

Combinability of assets: The house is not a heritage combination. Using a mortgage as a mortgage often requires a lot of information and time. It is always difficult to use the tools for the best results when you need them. The potential of the tool has never really been used. DeFi operations in the crypto industry have seen tremendous success in recent years. Tokenization allows members to benefit from DeFi revenue and participate in activities such as loans and rewards.

In 2017-18, many projects spawned the idea of ​​land tokenization in the ICO boom, but none succeeded, the most important being the failure to adhere to the rule. Some of these transactions are not yet linked to token land deeds, others do not generate enough capital in the secondary market. The market has changed a lot lately, blockchain technology is gaining more and more recognition from the public and administrators, and DeFi now has the ability to create a second unauthorized business model. CitaDAO is committed to developing long-term legal models that integrate contractual assets with tokens and straightforward redemption procedures. Real estate and online leadership partners are starting businesses. The idea is to create a DeFi platform for yield farming driven by the global housing sector.

CitaDAO's tokenized real estate platform is coming soon and will leverage the power of blockchain technology with DeFi to make tokenized lands accessible to everyone. This project is focused on the real estate sector. Housing evaluations are reported regularly for clarity. Our wealth management staff manage the assets that generate income. The platform will be published on the Ethereum blockchain, and second-level integration plans may also appeal to investors who pay a fixed price. CitaDAO's mission is to be the premier platform where tokens can redeem real assets and provide legitimate ownership.

These tokens are placed in ERC20 format and represent part of the ownership of the asset. Receive enough ERC20 tokens to equip all members of the estate, and NFT represents the legal owners of that asset. ERC20 tokens can be traded for free on DEX-based Automatic Market Makers (AMMs), and buyers can participate in the CitaDAO token mining industry by providing water from multiple pools. The CitaDAO token is the platform's management symbol and holders of the symbol can vote and participate in decision-making. 40% of the provided CitaDAO governance token will be distributed to first-time consumers through mining support programs and 20% will be distributed through community campaigns. The security of smart contracts is a key area for the success of the DeFi platform, and CitaDAO will complete the review of smart contracts to ensure the financial security of participants.

CitaDAO, backed by a strong portfolio of investments, launched its Electronic Energy Equipment (IRO) on January 7, 2022. In the fourth quarter of 2022, the project provided for a total of $ 240 million of homes for tokenization. The IRO process is free and anyone can participate. The problem with DeFi is that there is a big difference between Total Value Lock (TVL) and the real world. The following wallets usually have no credit guarantee, profits are calculated by certain tokens, and tokens depreciate over a period of time. Tokenized real estate helps bring real assets into DeFi and create 'real benefits'. Using DeFi to harness the potential of the real estate industry is an incredibly game-changing strategy. The CitaDAO team seems to get along well with the plan. The next big hole in the crypto industry is DAO, and CitaDAO aspires to invest in this niche and become a leader in this space.