BlockEstate is creating a Tokenized Real Estate fund with the help of Polymath and CoinList’s ComplyAPI. Tokenization is the process of creating a digital token that represents ownership in a real world asset. Real estate is a clear use case for tokenization. BlockEstate aims to bring increased liquidity to the world’s largest asset class “real estate” representing over $200 trillion globally. BlockEstate has a new and unique reward model called buyback and burn. Each quarter they buy back tokens from the token holders using the profits generated by the real estate. Tokens repurchased this way will be permanently removed from circulation. This rewards token holders while continually reducing the total token supply, and increases each remaining token’s percentage share of the market cap.
| Website | https://blockestate.com |
| Employees | 2 (0 on RocketReach) |
| Founded | 2018 |
| Industry | Real Estate, Financial Services |
| Keywords | Real Estate Tokenization, Tokenized Real Estate, Blockchain Real Estate, Fractional Real Estate, Real Estate Investment, Digital Asset Investment, Security Token Offerings, Sto Platform, Real Estate Funds, Property Tokenization, Crypto Real Estate, Defi Real Estate, Investment Fund, Blockchain Technology, Digital Assets, Tokenized Assets, Real Estate Technology, Proptech, Decentralized Finance |
| SIC | SIC Code 6531 Companies, SIC Code 65 Companies, SIC Code 653 Companies |
| NAICS | NAICS Code 531 Companies, NAICS Code 5312 Companies, NAICS Code 53 Companies |
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The NAICS codes for BlockEstate are [531, 5312, 53].
The SIC codes for BlockEstate are [6531, 65, 653].