TL;DR
- Blocksquare launches Oceanpoint v0.5, introducing Marketplace Pools for decentralized investment in tokenized real estate.
- Marketplace Pools allow market operators to present detailed proposals to the community and obtain investments with sBST.
- The platform prioritizes security through a dual-lock mechanism and facilitates higher APY rewards for projects that achieve their growth targets.
Blocksquare has announced the launch of Oceanpoint v0.5, a new platform that introduces Marketplace Pools for decentralized investment in tokenized real estate. This update aims to simplify the financing process for both market operators and community members, facilitating the presentation of proposals and the acquisition of investments using sBST.
Denis Petrovcic, co-founder and CEO of Blocksquare, stated that the launch aims to reinforce the company’s commitment to the progression of real-world asset (RWA) tokenization through community governance and financing. According to Petrovcic, Oceanpoint v0.5 fosters a decentralized market ecosystem where both operators and community members have the tools and incentives needed to thrive.
Marketplace Pools allow market operators to present detailed proposals to the BST community, including business plans and key performance metrics. Community members can approve these proposals with a minimum investment of 500 sBST. To activate full community support and access enhanced APY incentives, proposals must reach a minimum of 100,000 sBST.
🔥 First Launchpad marketplace pool now LIVE! 🔥
BST holders who have staked their $BST in the governance pool on Oceanpoint are now able to pledge their sBST to our first Launchpad marketplace pool for @PortioCapital.
This is an important step in our development and should… pic.twitter.com/BPp72YHjXK
— Blocksquare (@blocksquare_io) June 28, 2024
BlockSquare Democratizes Finance Through RWAs
The platform has also emphasized investment security through a dual-lock mechanism. Additionally, market operators can set performance targets for projects with a specific timeframe and deposit collateral as a guarantee. Those who support these initiatives can benefit from higher APY rewards as supported markets achieve their growth targets.
The tokenization of real-world assets (RWA) involves creating virtual investment vehicles on the blockchain linked to tangible assets such as real estate, precious metals, art, and other collectibles. Digital ownership allows direct negotiation between parties or fractionalization of the asset, enabling multiple people to invest in a single asset with low capital volumes, a democratizing tool for personal finance.
One of the main advantages of RWA tokenization is cost reduction by eliminating intermediaries such as lawyers, brokers, and banks. Additionally, the continuous operation of the blockchain allows fast, efficient, and round-the-clock transactions. This approach also reduces entry barriers, creating more liquidity in the market. The transparency inherent in blockchain technology is a key point for increasing trust and accountability among traders.
The scope of tokenization extends beyond high-value items like vintage cars, real estate, and gold, also encompassing U.S. Treasuries, currencies, and stocks. Thanks to Oceanpoint v0.5, Blocksquare will provide a key tool for creating a more accessible, secure, and efficient market for investing in tokenized assets.
