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Ecoreal Estate (ECOREAL) stands out as a cryptocurrency tailored for the niche market of NFTs, artworks, and real estate. Originating from Dubai, it serves artists, collectors, and galleries globally. Operating on the Ethereum blockchain, ECOREAL integrates the security and transparency of decentralized technology.
The cryptocurrency is part of the CMC200 EX BTC Index and CMC200 Index, highlighting its relevance in the broader crypto ecosystem. Despite its global reach, Ecoreal Estate is not available for purchase by US citizens, green card holders, Canadian citizens, and residents.
ECOREAL's presence on major crypto exchanges ensures liquidity and accessibility for traders. Its total supply is capped at 1,000,000,000 tokens, although none are currently in circulation. This scarcity can influence its market dynamics and trading behavior.
Ecoreal Estate's focus on NFTs and real estate positions it uniquely within the crypto space, catering to a specific audience interested in digital and physical asset tokenization. The platform's emphasis on artworks and paintings further diversifies its utility, making it a versatile tool for various stakeholders in the art and real estate sectors.
What is the technology behind Ecoreal Estate?
Ecoreal Estate (ECOREAL) leverages the power of blockchain technology to revolutionize the real estate market. At its core, Ecoreal Estate operates on the Ethereum blockchain, adhering to the ERC-20 standard. This standard ensures compatibility with a wide range of decentralized applications (dApps) and wallets, making it easier for users to interact with the token.
The Ethereum blockchain, known for its robust security features, plays a crucial role in safeguarding Ecoreal Estate transactions. Ethereum employs a decentralized network of nodes that validate and record transactions on the blockchain. This decentralized nature makes it extremely difficult for bad actors to manipulate the system, as altering any transaction would require gaining control over more than half of the network's computational power, a feat nearly impossible to achieve.
Ecoreal Estate's use of blockchain technology extends beyond mere security. By tokenizing real estate assets, Ecoreal Estate makes transactions more efficient and eco-friendly. Tokenization involves converting the value of real estate properties into digital tokens, which can then be traded on the blockchain. This process eliminates the need for intermediaries, reducing transaction costs and speeding up the transfer of ownership.
Moreover, the transparency of the blockchain ensures that all transactions are publicly verifiable, adding an extra layer of trust. Each transaction is recorded on the blockchain, creating an immutable ledger that anyone can audit. This transparency is particularly beneficial in the real estate market, where trust and verification are paramount.
Ecoreal Estate also benefits from the smart contract functionality of the Ethereum blockchain. Smart contracts are self-executing contracts with the terms of the agreement directly written into code. These contracts automatically execute transactions when predefined conditions are met, reducing the need for manual intervention and minimizing the risk of human error.
The Continuous Token Sale model employed by Ecoreal Estate allows investors to purchase tokens using both cryptocurrencies and fiat currency. This flexibility makes it accessible to a broader audience, encouraging more participation in the real estate market. The tokens can be traded on major cryptocurrency exchanges, providing liquidity and enabling investors to easily buy and sell their holdings.
In addition to these features, Ecoreal Estate's technology aims to make real estate investments more inclusive. By lowering the entry barriers, it allows smaller investors to participate in the market, which was traditionally dominated by large institutional investors. This democratization of real estate investment opens up new opportunities for wealth creation and financial inclusion.
The eco-friendly aspect of Ecoreal Estate's technology cannot be overlooked. By reducing the need for physical documentation and intermediaries, the platform minimizes its carbon footprint. This aligns with the growing global emphasis on sustainability and responsible investing.
Ecoreal Estate's integration with the Ethereum platform ensures that it benefits from ongoing developments and improvements in the blockchain space. Ethereum's active developer community continually works on enhancing the platform's scalability, security, and functionality, which in turn benefits projects like Ecoreal Estate.
The combination of blockchain security, tokenization, smart contracts, and eco-friendly practices positions Ecoreal Estate as a forward-thinking solution in the real estate market. The technology not only enhances the efficiency and security of transactions but also promotes inclusivity and sustainability in real estate investments.
What are the real-world applications of Ecoreal Estate?
Ecoreal Estate (ECOREAL) is a cryptocurrency operating on the Ethereum platform, designed to bridge the gap between blockchain technology and real estate investments. One of its primary applications is facilitating investments in real estate properties through a decentralized and transparent system. This allows investors to buy, sell, and trade real estate assets using ECOREAL, making the process more efficient and accessible.
Additionally, Ecoreal Estate is utilized in the realm of NFTs (Non-Fungible Tokens), particularly for artworks, paintings, and online art galleries. By leveraging blockchain technology, ECOREAL ensures the authenticity and provenance of digital art, providing artists and collectors with a secure platform for transactions.
Ecoreal Estate also plays a role in promoting sustainability within the real estate sector. The cryptocurrency aims to support green practices and sustainable development projects, contributing to a more environmentally friendly future. This aligns with the growing demand for eco-friendly solutions in the real estate market.
Moreover, ECOREAL is actively traded on various major cryptocurrency exchanges, where it can be exchanged for other cryptocurrencies like USDT and BTC. This liquidity and accessibility make it a viable option for investors looking to diversify their portfolios with real estate-backed digital assets.
In summary, Ecoreal Estate (ECOREAL) offers real-world applications in real estate investments, digital art, and sustainability, providing a versatile and innovative approach to traditional markets.
What key events have there been for Ecoreal Estate?
Ecoreal Estate (ECOREAL) is a cryptocurrency that operates on the Ethereum platform, designed to bridge the gap between real estate and blockchain technology. The project aims to provide a decentralized solution for real estate investments, leveraging the transparency and security of blockchain.
One of the notable milestones for Ecoreal Estate was its cooperation with Worldartsgallery.com. This partnership aimed to integrate blockchain technology into the art and real estate sectors, enhancing the value proposition of both industries through innovative digital solutions.
Ecoreal Estate has also achieved significant progress by being listed and traded on various cryptocurrency exchanges. This increased accessibility has allowed a broader audience to invest in the token, contributing to its liquidity and market presence. The inclusion of Ecoreal Estate in the CMC200 EX BTC Index and CMC200 Index marked another important event. These indices track the performance of the top 200 cryptocurrencies, excluding Bitcoin, and being part of these indices provided Ecoreal Estate with greater visibility and credibility within the cryptocurrency community.
Despite these achievements, Ecoreal Estate has faced challenges in gaining widespread recognition and popularity in the market. The token has experienced a declining price and low trading volume, indicating struggles in maintaining a strong market presence. Additionally, Ecoreal Estate has not established a significant footprint on social media or major exchanges, which has impacted its overall performance and visibility.
Ecoreal Estate's journey reflects the complexities and challenges of integrating traditional real estate with cutting-edge blockchain technology. The project continues to navigate the evolving landscape of the cryptocurrency market, striving to achieve its vision of revolutionizing real estate investments through decentralized solutions.
Who are the founders of Ecoreal Estate?
Ecoreal Estate (ECOREAL) is a cryptocurrency operating on the Ethereum platform, ERC 20. The founders of ECOREAL are Syed Nusrat Ali Ahmed and Bodo Laux. The company is headquartered in Dubai, UAE. Each founder brings a unique set of skills and experiences to the table, contributing to the development and long term oriented steady growth of ECOREAL. Their background spans across various financial and institutional industries, enhancing the project's credibility and operational efficiency. ECOREAL is born in 2016 and listed on CMC since 2017.
The live Ecoreal Estate price today is $0.177538 USD with a 24-hour trading volume of $8,168.62 USD. We update our ECOREAL to USD price in real-time. Ecoreal Estate is up 0.03% in the last 24 hours. The current CoinMarketCap ranking is #5183, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.