Propbase Monthly Update - March 2023 and Beta Testing Announcement

Propbase Monthly Update - March 2023 & Beta Testing Announcement

Hi Probase Community,

We have a huge amount of excitement in the coming weeks as we ramp up for our much anticipated IDO on APLaunch. Propbase is thrilled to share its Monthly Update, highlighting the latest social growth, upcoming beta testing, and industry news that solidify our use case and validate our model. In March 2023, Propbase had a significant increase in its social media presence with over 100% growth in Twitter and Discord followers. This is an impressive accomplishment and shows that the platform is gaining popularity and attracting more attention from the real estate and blockchain communities. #RWA 🚀🚀🚀

Beta Testers Dates - May 15-19th 2023

We are thrilled to announce that the initial version of the Propbase DApp has been completed, which will serve as a demo for our early beta testers. We will soon be hosting a group of testers, with the testing phase scheduled to take place between May 15-19th 2023. We are actively seeking additional participants who are interested in providing valuable feedback and insights. If you are interested please fill the form below. 

https://ccton05xrmp.typeform.com/to/euYCPCX9

Social Media Growth

Discord is currently the hub of activity, boasting over 340 active members engaging in a wide range of discussions. We welcome all topics and have been thrilled to address numerous community inquiries and feedback regarding the development of the Propbase DApp, our model, and our key vision for the platform's future. This marks only the start of our journey, and we are incredibly enthusiastic about sharing it with our established community members.

User Registrations

We've been experiencing a steady increase in user registrations since the platform launch, resulting in a significant influx of requests and email inquiries that our team is diligently handling. To date, we have received over 2,300 individual registrations for platform sign-ups. Additionally, since the announcement of our IDO, our page has garnered an impressive 980+ IDO registrations from individuals eagerly awaiting launch dates and details. This achievement is particularly noteworthy given the current market volatility and challenging global economic climate, further underscoring the value and relevance of our use case and the platform we are developing.

Industry News

As a first mover advantage, Propbase welcomes Thailand's decision to offer a tax break to companies that issue digital tokens for investment. This move is a significant step towards the widespread adoption of real estate tokenization and is expected to create more investment opportunities in the sector.

Tokenizing assets provides several benefits for the real estate industry, such as fractional ownership, increased liquidity, and transparency. With the tax break, real estate developers can leverage these benefits and explore new fundraising opportunities through tokenization. Additionally, it will help investors to access real estate investments at a lower cost.

https://www.coindesk.com/policy/2023/03/07/thailand-offers-1b-tax-break-for-firms-issuing-investment-tokens-reuters/

“For Propbase, this development is an excellent opportunity to showcase our expertise in real estate tokenization. We are excited to work with real estate developers who want to explore this innovative solution and successfully tokenize assets within their developments. We believe that this tax break will open up new avenues for growth and help us expand our footprint in the real estate market.”CEO of Propbase Kevin Goos

Our Model Is To Scale

At Propbase, we are committed to bringing world-class residential, hotel & resort, and other commercial assets to our investors. Through our platform, investors will have the opportunity to invest in some of the most luxurious and prestigious hotels and resorts in the region, allowing them to diversify their portfolios and access previously unavailable investment opportunities.

We work directly with qualified real estate developers to ensure that the assets we list meet the highest standards of quality and are in prime locations that are attractive to both local and international investors. By offering fractional ownership of these assets through tokenization, we can make these investments more accessible and affordable to a wider range of investors.

Our goal is to facilitate the creation of a new ecosystem that will enable real estate developers and investors to interact more effectively and realize the full potential of real estate tokenization. By utilizing blockchain technology, we can provide investors with greater transparency, while also creating a secure and efficient platform for real estate developers to manage their assets.

Our Refined Value Proposition

Propbase's value proposition is centered around solving several major problems in the real estate investment landscape. These problems include low liquidity, high barriers to entry, high fees, and a lack of diversification opportunities.

Through our platform, we aim to increase the liquidity of real estate investments by offering fractional ownership of assets through tokenization. This allows investors to buy and sell small portions of assets at a lower cost, providing greater flexibility and accessibility to the market.

We also address the high barriers to entry associated with traditional real estate investments by lowering the minimum investment amount and providing a user-friendly online platform. This enables retail and accredited investors alike to participate in real estate investment opportunities that were previously inaccessible to them.

Furthermore, we offer lower fees compared to traditional investment vehicles, making it a cost-effective option for investors. Our platform provides complete transparency regarding fees, asset performance, and management, enabling investors to make informed decisions.

Lastly, we aim to provide investors with opportunities to diversify their portfolios by offering a range of world-class residential, hotel & resort, and other commercial assets. This helps investors spread their risk across different asset classes, and reduces their exposure to market volatility.

Through our unique value proposition, we strive to bring efficiency, transparency, and accessibility to the real estate investment landscape, creating a new standard in the industry.

Overall we are super excited and have a jammed pack Q2 2023 to bring to our community and will announce our first real estate tokenization project over the coming weeks.

Best

Kevin