Overview to BlockPark
A group of like-minded people coming together to form an ecosystem of real estate wealth and community based on accessibility, transparency and liquidity.
BlockPark is a solution based real estate platform built on the Hyperledger blockchain that is tokenizing real estate ownership and providing tools to manage and grow a portfolio of properties using BlockPark's proprietary software.
BlockPark aims at solving long standing issues of Real Estate by creating an ecosystem of real estate wealth and community based on accessibility, transparency and liquidity. BlockPark is a decentralized real estate platform tokenizing real estate ownership designed to give users more freedom and control of their assets with full transparency.
This global Real Estate market via an NFT marketplace gives users ownership to property and passive income secured by real world assets in the form of token credits. User credits are received in utility tokens called $PROP tokens and are calculated based on a stabilized annual yield.
The core ideas behind BlockPark are:
Create NFTs backed by income producing real estate properties
Represents fractional ownership of a property using NFT’s
Grow property portfolios using leverage to purchase additional assets
Implement a token economy to incentive users to purchase real estate
Secondary NFT Marketplace to provide liquidity & deal flow
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