Inspiration
The inspiration behind Tokenized stemmed from the desire to democratize access to real estate investment opportunities using blockchain technology. We aimed to break down traditional barriers and enable fractional ownership for a broader audience.
What it does
Tokenized leverages RootStock's blockchain to drastically reduce transaction costs with minimal gas fees, making real estate investment accessible to a broader audience. It issues ERC1155 standard NFTs as digital certificates of ownership, ensuring transparency and security. This tech stack also paves the way for future enhancements such as lending capabilities and a robust secondary marketplace for property tokens.
How we built it
We used NestJS as backend, React in frontend, Solidity for Smart Contracts
Challenges we ran into
We almost missed the hackathon - we started project 12 hours before deadline, so time constraints were very challenging
Accomplishments that we're proud of
We are proud to have live platform in such a short time. And we are proud that we now have endless possibilities to develop this project
What we learned
It's important to look at the calendar.
What's next for Tokenized
Building Lending platform and actually launching it on RootStack mainnet.
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