Blockchain-Powered Property Fractional Ownership Platform

In the highly competitive real estate market, accessibility and liquidity remain significant challenges for investors. Our PropTech company seeks to address these issues by developing a blockchain-powered platform for fractional property ownership. This platform will utilize NFT technology to tokenize real estate assets, allowing investors to purchase fractions of a property. The integration of DeFi protocols will facilitate seamless transactions and instant settlements, enhancing market liquidity. We aim to incorporate Layer 2 solutions and cross-chain capabilities to ensure scalability and interoperability across different blockchain networks. Key technologies will include Solidity for smart contract development, Web3.js and Ethers.js for blockchain interactions, and IPFS for decentralized storage solutions. By making property investment more accessible, we intend to attract a broader audience, including retail investors who have traditionally been excluded from the real estate market. The expected duration for this project's development is 12-16 weeks, with a budget range of $25,000 to $75,000. The project holds medium urgency as we aim to capitalize on the growing interest in tokenized assets within the PropTech industry.