We will use both local government registries wherever possible; if not, third party validators to ensure the legitimacy of real estate assets.
Ideally, we would like a “Custodian” to own/hold the real-estate assets on behalf of the token holders. In the least, we will take custody of the documentation/put a lien on the listed assets so that they are secured.
What can qualify this custodian? A percentage ownership of the assets or you will make use of anyone without necessarily holding the asset?
What strategies does your blockchain platform implement to enhance fractional ownership in real estate, and how do you ensure secure, transparent transactions while preventing fraud in crowdfunding? Additionally, what criteria do you use to select real estate projects, and how do you plan to educate everyday investors about the benefits and risks of tokenized real estate?
@snair2001
Custodians have to be entities accredited by the local governments, who keep the custody of the RWA or, at the least, can certify the ownership of the RWA.
At the time of tokenisation, the RWA will be fractionalised into a fixed number of tokens. These tokens will be bought and sold in a DEX just like any other NFTs. AMM (Automated Market Maker) mechanism will be built into such exchanges to control speculation and to provide liquidity.
The criteria for selection of RWAs will be the “Volume” and “Velocity” their tokens can potentially generate.
Ok, that is more satisfactory. Thank you for answering my questions.
Thank you all for your thought-provoking questions. Can you please provide me your linkedin profiles so that I can discuss my pitch deck with you?
Got it, Thank you so much for your reply
Welcome to hackathon season 7. I have one question. What’s the long-term vision for RealEstaTRON in terms of expanding to other asset types besides real estate?
this a great idea to the ecosystem , lets get the full use case
A big asset class is stocks but they are highly regulated and already operate in a comparatively “frictionless” environment. So we do not plan to get into this asset class.
Another big asset class is music and video blogs which are amenable to tokenisation and so we are open to get into these. However, we expect very slow adoption and so our first priority is real estate.
If you want to suggest any other asset classes let us know.
Thank you for the explanation! I don’t have any other suggestions at the moment, but if any come to mind, I’ll be sure to reach out 
A simple use case will be that of a first-time real estate developer trying to raise a few Million dollars for a residential project. Our platform will enable him/her to raise this amount while providing liquidity for the individual investors. The tokens issued towards this will apprecite as the value of the underlying assets increases.
Another use case will be that of a rental real estate developer trying to rent out the property they already developed. On our platform he/she can tokenize the rental properties and the individual token holders can get a share of the rent monthly.
We are open to more complex use cases of mortgages and real estate exchanges.
How does the Real Estate Marketplace keep ownership secure and clear? How will you handle regulations for retail investors in different areas?
We will use local government registries wherever possible to keep ownership secure and clear; if not available, we will use third party validators or a “Custodian” to ensure the legitimacy of real estate assets. Ideally, we would like the “Custodian” to own/hold the real-estate assets on behalf of the token holders. In the initial days, we would like to take custody of the documentation/put a lien on the listed assets so that they are secured.
Selling and buying real estate assets are subject to strict Government scrutiny and the rules vary from country to country. We will ensure compliance to the law of the land wherever we operate.
How can buyers check if a property meets all the local legal requirements before buying it?
Havent stated in which country will be the first to tokenised the real estate. RWA really need regulation check before development. Idea without well execution is pointless
We have just developed the prototype. We need financial support in order to commercialize this and so we would like to apply for a grant from TRON. Can someone please guide us on the way forward?
Our company will verify the local legal requirements of the property before tokenizing it on our platform so that the buyers do not have to verify it each time. A copy of the entire legal documentation will be available for anyone to check.
We will use local government registries wherever possible to keep ownership secure and clear; if not available, we will use third party validators or a “Custodian” to ensure the legitimacy of real estate assets.