Paris, France, October 9, 2024, Chainwire
Coded Estate has successfully completed an oversubscribed angel funding round with investment from Mozaik Capital, Hyperion Ventures, Black Dragon, Dutch Crypto Investors, and others. Additionally, Coded Estate officially launches a “Preseason Mainnet Campaign” aimed at bootstrapping the platform with early liquidity and preparing for mainnet release on Sai Perpetuals powered by Nibiru Chain. Announced.
Co-founder Didrik Angel said: “We are thrilled to have completed our angel round and to have such esteemed investors join us.” “Our mission is to redefine real estate transactions through blockchain, making ownership more accessible and fun. Our partnership with Nibiru strengthens our capabilities and transforms the way people invest in real estate. The preseason campaign is just the beginning as we prepare to launch a platform that will change forever.”
Real estate innovation using blockchain
Coded Estate aims to transform the $280 trillion global real estate market through blockchain technology. Founded by a team of blockchain experts with experience building applications with Solana, Thorchain, and sei Network, Coded Estate aims to create a Web3 hub for real estate.
The platform supports on-chain real estate sales and rentals while offering fractional ownership through the use of dynamic NFTs (dNFTs), hybrid smart contracts, and zero-knowledge proofs (ZKPs) to increase market transparency.
“By integrating these technologies, Coded Estate allows users to invest in fractional ownership of real estate, making the real estate market more accessible and efficient. It is designed to overcome traditional barriers to real estate investing and speculation, with a focus on ease of use,” said co-founder Didrik Angell.
Strategic integration with Nibiru
Coded Estate has made a strategic transition to Nibiru, a blockchain and smart contract ecosystem with a high-performance EVM and equivalent execution layer (Nibiru EVM). Nibiru Blockchain is designed to meet the growing demand for versatile, scalable, and easy-to-use Web3 applications.
Released for alpha testing in June 2024, Nibiru EVM significantly expands market reach and facilitates seamless integration with the broader cryptocurrency ecosystem. This feature also opens up Coded Estate and other Wasm-based applications on Nibiru to a vast Ethereum user base.
Preseason Mainnet Campaign Introducing Early Liquidity
Coded Estate officially announces a preseason mainnet campaign aimed at granting exclusive benefits to platform adopters. The campaign is the culmination of Coded Estate’s journey from concept to execution, providing users with the opportunity to seed an initial liquidity pool and receive exclusive benefits such as early adopter incentives. The campaign is also integrated with Sai, a decentralized perpetual trading platform launched on Nibiru, providing users with perpetual market opportunities for RWA (Real World Assets).
About coded estates
Coded Estate is the leading real estate hub for Web 3.0. The platform brings housing on-chain and rentals on-chain, leveraging dNFTS, hybrid smart contracts, and zero-knowledge proofs (ZKp) to make fractional ownership and housing market speculation accessible, efficient, and transparent. transform it into a gendered market.
About rhinos
Sai is a newly developed perpetual trading application built on Nibiru. Through integration with Coded Estate, Sai supports enhanced trading and liquidity management solutions, strengthening the entire ecosystem.
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