DeFi

Blocksquare Subsidiary Oceanpoint Reaches Milestone: First Marketplace Pool Sells in Record Time

Published

7 months ago

3 July, 2024

Square of blocksthe leading real estate tokenization and innovation protocol, has reached another major milestone with its recently launched Oceanpoint v0.5 decentralized finance (DeFi) platform. The first Marketplace Pool, initiated by Portio Capital for a co-living project, sold out in just 36 hours – an astonishing feat considering the 29-day campaign planned for the entire process.

This level of success on the new Real World Asset (RWA) real estate launchpad is unprecedented in the industry and underscores the importance of Blocksquare’s community-driven approach. While real estate investing and the power of user governance shine through in the case of Portio Capital’s co-living project, three key fundamental milestones have been achieved:

Portio Capital’s coliving project reaches funding target of 100,000 sBST
Full community support in less than 36 hours
Portio Capital’s Coliving Marketplace is ready to launch

Communities build better

Oceanpoint v0.5 introduced Marketplace Pools, a community-backed funding process for real estate projects to seek support from those most likely to use and maintain ecosystems. Marketplace operators like Portio Capital present their real estate proposals to the community and if the operator’s project reaches a pre-defined funding goal (e.g. 100,000 sBST), it receives full community support and other incentives.

sBST refers to tokens staked by community members on Blocksquare, allowing the community to participate in the funding and governance of real estate projects. By staking Blocksquare’s utility token (BST), members can use their sBST to become more involved in all governance processes, influence the success of proposals, and receive higher annual percentage yields (APY) as a reward for staking.

Denis Petrovcic, Co-Founder and CEO of Blocksquare, expressed unquestionable enthusiasm for the launch of the Marketplace Pools feature, saying:

“This launch underscores Blocksquare’s commitment to advancing RWA tokenization through community governance and funding. Oceanpoint v0.5 fosters a decentralized marketplace ecosystem where community members and market participants have the tools and incentives to thrive.”

Little did Petrovcic know that the first launch would be a record-breaking campaign and set a precedent for all future real estate RWA marketplaces launched through Blocksqure’s Oceanpoint v0.5.

Portio Coliving reaches its funding goal in less than 36 hours

The coliving project, backed by Portio Capital, is the first real estate project focused on the provision of shared living spaces (coliving) and the first to be launched and funded through Blocksquare’s Oceanpoint v0.5 platform. In less than 36 hours, Portio coliving successfully reached its funding goal of 100,000 sBST, receiving full support from the community in just under two days.

Despite the campaign’s goal of reaching the pre-set target of 100,000 sBST in 29 days, 100% community support was received quickly in record time. As the first RWA real estate project to launch, its success bodes well not only for Blocksquare’s Oceanpoint v0.5, but for all projects now preparing to launch from the platform.

With the increasing need for co-living and the modern urban housing crisis, shared living spaces are becoming the preferred option for community-oriented individuals and groups. Portio coliving saw this potential gap in the market, proposed its RWA co-living real estate project to Blocksquare’s governance, and the results now speak for themselves.

The European company has enjoyed massive support from the community and is set to grow even more influential in external communities as inflation, housing costs and mortgages increasingly weigh on younger generations. This unprecedented success opens up a whole new avenue for investment, sustainability and efficiency in a market that is looking for substantial innovations that are built to last.

Oceanpoint v0.5: Record Breaker, Dream Maker

Oceanpoint v0.5 marked a significant upgrade within the Square of blocks ecosystem by establishing a platform capable of creating community support, funding, and RWA platform launches in one place. By introducing features that allow participants like Portio Capital to launch new, fully supported tokenized real estate marketplaces, the platform is a pioneer in this space.

With Oceanpoint’s double-lock mechanism, investments from community contributions and operator stakes are both locked to ensure the security of both parties. This seemingly simple but essential tool ensures the stability of funded projects and the long-term commitment of project creators and the community that funds them, reducing risks for investors and innovators.

As RWA tokenization continues to snowball in the crypto space, Blocksquare has positioned itself at the forefront, ready to show traditional finance (TradFi) and DeFi the path to success. This initial success of Portio coliving via Oceanpoint v0.5 is a testament to the potential of RWA’s launchpad in real estate and the untapped power of the community’s support and trust behind Blocksquare’s vision.

Oceanpoint v0.5 and its Marketplace Pools features set a new standard for RWA investment opportunities in real estate, providing a more accessible, efficient, and transparent space to support community building. This record-breaking milestone is a huge achievement, but it is just the first of many to come as a new era of real estate tokenization begins, built on Web3 innovation and truly decentralized governance.

Fuente

DeFi

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

Published

6 months ago

29 July, 2024

CoinFlix Staff

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.

The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.

Bonk remains strong despite market fluctuations

While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.

Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.

Pepe should see a big rise in the next bull run

Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.

Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.

In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.

Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4

Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.

With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.

Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.

The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.

RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

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Fuente

DeFi

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

Published

6 months ago

29 July, 2024

CoinFlix Staff

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.

Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.

According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.

“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.

I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.

The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.

“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”

I expect them to launch actively managed crypto ETFs [in the] coming years. ”

Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.

“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.

Chasing mass adoption of normies may be chasing the wrong Grail from the start.

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