Hello World!_ We're Propbase;

Welcome to the future of real estate investing!

Propbase is a highly scalable, fast, and secure tokenized property transaction platform, building on the Aptos blockchain and using the most advanced technology, transforming real estate investment into a modern liquid asset class.

"Our mission is to democratize real estate investment, lower the barrier to entry, and make property ownership accessible to everyone. We’ve assembled a world-class team, with proven backgrounds, and are well on our way to making this happen" CEO & Founder Kevin Goos

This article will explain who we are, what Propbase is, what problem the platform solves, the benefits of blockchain technology for property transactions, tokenization, and fractional ownership. It will also lay out a utility case for a native token called $PROPS, and a rewards protocol designed to scale and bring new users to the platform.

Leadership Team

Our venture is led by CEO & Founder Kevin Goos, a 12 year veteran of the global online property marketplaces industry, with technical expertise in building property platforms and consumer products. The leadership team is also led by Jesse Gage and Hudson Leung, both with proven track records in key leadership and strategy roles in online marketplaces.

Challenges in Real Estate

The global real estate market is valued at over $235 Trillion (USD) with residential property accounting for 79% of all global real estate worldwide. That is more value than all global equities and debt securities combined, and almost four times that of the global GDP.

As you can see the industry is big, but it’s wildly inefficient, one where slow paper-dependent processes cause major delays in the change of property ownership, resulting in property being a highly valuable, but illiquid asset class.

The main reason investing in property remains slow, costly, and lacks transparency revolves around trust. Blockchain technology has the ability to enable the real estate industry to address these inefficiencies and inaccuracies. It can broaden property accessibility to everyday investors and provide close to real-time settlement of recorded transactions — reducing frictions, costs, risks & eliminating trust.

A Powerful Transformation

Propbase is revolutionizing property transactions for retail investors to buy and sell real estate assets within a few minutes right from your smartphone. Propbase is an industry leading platform to enable real estate investors to safely and securely trade individual property holdings anytime and from anywhere. This is a game changing transformation, giving real estate investors freedom previously unheard of in the industry.

Starting with as little as $100, Propbase enables the benefits from property ownership to be accessible to everyone. Before Propbase, investors could only trade indirectly owned real estate via REITs, stocks, and funds on the stock market, but these options are costly, with little tax breaks, no controls , low returns, and of course, big penalties for withdrawing funds early.

Our platform will enable investors to buy and sell direct ownership of real estate rental properties listed on the Propbase marketplace, in some of the most beautiful and fastest growing destinations in the world, with the freedom to buy and sell anytime by participating in live property auctions or by creating a listing on our P2P marketplace.

How it Works

The Propbase tokenization module consists of two main components (1) off chain; property application, audit, and incorporation, and (2) on chain; tokenization, listing, and smart contract integration. The on-chain mechanism allows for users to buy, sell their shares in minutes directly on our P2P marketplace.

It’s easy to get started! You can begin building your diversified portfolio of global real estate assets in just minutes, directly from your smartphone. Simply sign up, complete a few simple steps and begin your journey.

With the Propbase marketplace, every property that has reached a soft cap or is fully funded, becomes available to trade on the platform. Through our fractional ownership of tokenized properties, investors can now diversify their portfolio by purchasing a share of the total property value. Shares can be bought and sold instantly by creating a listing and sale price on the P2P Marketplace.

High Quality, Resilient Real Estate Assets

Propbase’s team of industry experts seek out the best possible properties, using research driven analysis, backed by a data driven approach. All properties listed on the platform offer guaranteed rental income, locked for a set period of time, and primed for rapid appreciation. Only quality properties are listed on the platform that meet regulatory and legal framework.

Guaranteed monthly rental yield is allocated on a daily pro-rata basis through automated smart contracts. Owners of property shares will receive a portion of the guaranteed yield, relative to the share amount held in their wallet. This yield is considered profit and separate from the share value, held by you. You are free to withdraw, invest, or do what you like with profits generated on the Propbase marketplace.

Our focus is in South-East Asia, with an operating company in Thailand. Our property portfolio will be focused within the region where we are experts, with later expansion in MENA, US, and EU regions in 2024/25.

Legal and Regulatory Frameworks

The Propbase tokenization model is compliant within all legal and regulatory frameworks, backed by a leadership team with over 10 years of experience in the industry, and third party legal and real estate experts who are equally passionate about democratizing real estate ownership for everyone.

All properties live on the platform are securely stored in a LLC, verified by Propbase and audited by a reputable third party. All ownership documents are publicly available on the blockchain Propbase Registry.

You will also be able to find these documents in the asset section on the Propbase dashboard. All documents are in English, any other documents provided in another language serve as a translation of the English version.

Propbase verifies all property and participants on our marketplace at every step of the transaction process, through smart contracts. When a trade is executed, the user is benefiting from a trustless, immutable, decentralized, secure smart contract, audited by the leading firm, CertiK.

Tokenomics: Powered by $PROPS

The Props token is utilized as a uniform method of settlement for all smart contract interaction on the platform. Users of the platform will require the Props token to make purchase orders, create listings, and transfer yield generated. There are six main features designed within our smart contracts all to a specific task related to a transaction process, each smart contract is coded in Move and requires the Props token to update on the Propbase global registry.

Our tokenomics model is one of our strongest points with over 55% of the total supply allocated to the community(20% IDO allocation, 35% rewards), fairly designed for scalability and without large Venture Capital allocations, creating unnecessary sell pressure for IDO participants.

The platform rewards protocol with 35% of the total token supply allocated, is designed to incentivize new users to join the platform and reward existing users for all smart contract interaction.

The Company, Foundations, and other allocations have a tiered lock up period for up to 60 months from the closing of the crowd sale event, verified by publicly available smart contracts.

Roadmap

The platform launch is targeted for Q2 2023, with product development already well underway. The design, features, and roadmap have been set, no new features will be added and the development will follow exactly as laid out by the roadmap details.

Propbase IDO on APLAUNCH in 2023 Q1

You couldn’t be earlier! We are a high quality IDO, backed by a world-class team with a real-world utility, building on the Aptos blockchain. Join our community and help bring propbase to the world. Our vision and mission in making property ownership accessible to everyone, while complying with all legal and regulatory requirements, is first and foremost our highest priority.

Let’s transform the industry together and move forward and upwards!

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