POLYGON ECOSYSTEM

That’s interesting to hear possibilty to buy real estate with crypto

Ekta Real Estate is a platform that enables users to buy, sell, and trade fractionalized real estate properties on the blockchain. Ekta Real Estate is powered by Ekta, a Layer-1 ecosystem that focuses on bringing real-world assets on-chain with the goal of improving lives, communities, and preserving natural resources.

Website: https://app.ektarealestate.app

Ekta Real Estate aims to revolutionize the real estate industry by making it more accessible, transparent, and efficient for everyone.

How Ekta Real Estate Works?

Ekta Real Estate works by using Flexible Real Estate Management System (FREMS), a technology that allows real estate developers to tokenize their properties and sell them as non-fungible tokens (NFTs) on the Ekta blockchain. Each property is divided into multiple fractions, each representing a certain percentage of ownership. Here you can watch YouTube video by clicking here.

Users can buy these fractions using EKTA tokens, the native utility token of Ekta, or other cryptocurrencies. Users can also sell or trade their fractions on the Ekta Real Estate Marketplace, a decentralized platform that connects buyers and sellers of fractionalized real estate.

By using FREMS, Ekta Real Estate offers several benefits to both developers and investors, such as:

For developers: Developers can access liquidity immediately from a global audience, without relying on banks or intermediaries. Developers can also reduce their costs and risks by selling only a portion of their properties, while retaining the rest for future appreciation.

For investors: Investors can access real estate opportunities with lower barriers, fees, and friction. Investors can also diversify their portfolios by owning fractions of multiple properties across different locations and categories.