Deep Dive
1. Purpose & Value Proposition
Propbase tackles real estate’s traditional barriers – high entry costs, illiquidity, and geographic restrictions – by converting physical properties into tradable blockchain tokens. Its Nexus marketplace offers curated global properties (residential/commercial) where users buy fractional tokens representing ownership shares. Rental yields are distributed monthly via smart contracts, bypassing traditional brokers (Propbase).
2. Technology & Architecture
Built on Aptos, a Layer-1 blockchain optimized for speed (10,000+ TPS) and sub-$0.01 fees, Propbase ensures real-time settlement of property trades. The Move programming language enhances security for smart contracts governing property listings, yield distributions, and token transfers. A multi-chain bridge (Aptos, BASE, Ethereum) expands PROPS’ liquidity reach (Propbase).
3. Tokenomics & Ecosystem Roles
PROPS (1.2B fixed supply) serves three core functions:
- Transaction fuel: Pays for property purchases, listing fees, and yield claims
- Staking rewards: 35% of supply incentivizes long-term holding via APY programs
- Membership access: Tiered benefits (fee discounts, early listings) require PROPS staking
The ecosystem integrates a staking platform (Yield), secondary market (Apex), and compliance tools like KYC-verified property audits.
Conclusion
Propbase reimagines real estate as a liquid, blockchain-native asset class – but can its tokenized model achieve mass adoption while navigating property regulations across jurisdictions?