NEW ATH: 🚨 $PROPS - $0,04 🚨
What is @PropbaseApp? 🏘️
Propbase is Tokenizing Properties in SE Asia 🌏
Their platform enables fractional investments in prestigious properties such as Hilton, Wyndham, Pullman and many more. 🏩
What’s next for Propsbase? ⏭️
🔹2 CEX will be revealed in March/April
🔹2 New Partnerships
🔹Nexus Beta Testing Coming
🔹Marketplace for Properties
🔹LayerZero Partnership for scaling
The Tokenization for Properties in SE Asia is estimated to reach $2 Trillion by 2027 📊
🔸Marketcap: $13,6M
🔸Holders: 6763
$AVAX $LINK $ICP $MKR $SNX $ONDO $XDC $TRAC $RBN $RIO $PROPC
How can I describe the next 100 days of growth for $PROPS?
In one word --> 🔥BULLISH 🔥
@PropbaseApp is without doubt one of my top picks for the bull run and beyond!
Let's check out their big news 👇
New CEX Listings
$PROPS will be listed on two new CEX's in March and April.
My guess is Gate IO. What is yours? 🤔
The team is targeting a tier 1 CEX listing in late 2024 or early 2025.
Their target is either Coinbase or Binance.
Bridge to EVM
The team is building a bridge to EVM to tap into larger liquidity pools.
This has been something the community has asked for.
But wait Oculus, what is an EVM Bridge? 🤔
It allows two or more blockchain networks to communicate, and transfer assets between each other.
So multiple chains will be able to interact with $PROPS and the ecosystem.
PROPBASE NEXUS
I have saved the best for last ladies and gentlemen!
As you know, @PropbaseApp recently launched "YIELD" - their staking platform!
This has been hugely successful.
29% of the circulating supply is currently staked.
I have personally staked over 1.5m $PROPS tokens.
Next up....it is time for NEXUS!
NEXUS is the Property Marketplace.
So this is where the team bring RWA onto the blockchain.
NEXUS is in it's final Dev sprint before Beta Testing.
Assets and partnerships are ready to go live!
Just a reminder, when I say partnerships I mean the elite of the hospitality world:
👉Wyndham, Hilton, Ramada, Pullman, Banyan Tree Residences.
👉And two more partnerships coming soon.
- - - - - - - - - - - - - - - - - - - -
@PropbaseApp is without doubt one of my top picks for the bull run and beyond!
I have been talking about the potential of $PROPS from day one!
And I will not stop!
This will be one of the industry leaders in tokenisation!
Check it out! If you have any question, please let me know.
Happy to help!
TLDR for those that need it 🔥
💎💎💎
The Rise of Propbase's
💎💎💎
o Kevin scaled businesses up to 400 staff
o Hudson and Kevin scaled businesses from 1 to 300 staff
o Community growth: From waiting for comments to solid community members.
o Social media stats: 95k followers, 13k Telegram, 8k Discord.
Propbase Team:
o 19 staff members.
o 6 full-time devs: 2 blockchain, 2 backend, 2 front end.
o 2 part-time SECOPS.
PROPS Status:
o Good volume.
o Over 28% staked.
o 31,000 users signed up for Propbase NEXUS.
Core Products:
o Propbase Patreon (affiliate module) more updates in 2 months
o Propbase Nexus (property marketplace) Launch in April
o Propbase APEX (P2P marketplace) Announcements after April
Partnerships & Listings:
o 2 CEX listings in March/April.
o Binance and Coinspot is main future focus (KPIs being aimed towards this)
o Layer zero partnership for scaling.
o Official Alliance block announcement next week
o Hacken – Propbase yield has double audits and so will NEXUS
o YouTube influencer growth starting 05th March 2024
Why Thailand is Key to Success:
o Strategic Location: Situated in Southeast Asia with a population of 650 million.
o Crypto Adoption: Thailand boasts a strong crypto adoption rate, with 13% of the population using crypto.
§ Pro-Crypto Government: The Prime Minister supports crypto and has personal investments in property.
o Tax Incentives: Thailand offers significant tax breaks, including a $1 billion tax break for tokens and waiving VAT on crypto gains.
o Regional Influence: Thailand leads Southeast Asia in crypto adoption, setting trends for the region.
o Abundant Property: Thailand's vast and beautiful real estate landscape offers diverse investment opportunities.
o Track Record of Profit: Properties listed on NEXUS have a proven history of profitability, attracting investors.
· Securitization Initiative:
· Tokenizing $100 million in assets across 27 European regions.
· Property tokenization is established but needs crypto framework modelling.
· Focus on legal compliance and cryptocurrency integration.
· Nexus Highlights:
o Partnerships secured.
o V1 completed.
o Beta testing soon.
o Strong property partnerships.
o We are in final sprint for NEXUS module
o Beta testing coming soon
o First listing will be small as a first live test and iron out UI UX bugs
o Subsequent listings supply and demand dynamic with a focus on the best ROI property
· Recent Achievements:
o Top token of APTOS.
o Focus on CMC, CG, and Change Finance integration.
o Successful IDO (All sold out and recorded best RWA IDO ROI for all of 2023)
Single sided staking for $PROPS was first of its kind on APTOS and built solely by Propbase
Property Partnerships:
o Wyndham, Hilton, Ramada, Pullman, Banyan Tree Residences.
o Two More partnerships coming soon
Future Plans:
o Exciting developments like EVM bridge and Nexus launch.
o Focus on growth and expanding to SE Asia.
Critical mass in Thailand first and legal discussions in Vietnam is already underway.
o Algorithm integration via AI is ongoing with Chainlink.
User Queries:
o Property listing process. Commercial real estate only to have a better stable return and growth perspective.
o Regulation framework and tax implications. Property investors will be able to read and understand regulation and tax requirements without leaving NEXUS.
o Advisors and potential VC onboard. Propbase will start to source VCs with a focus on project growth and not just a name against a project. Partnerships are previously established from past ventures but Propbase will find a VCs to fit the ecosystem.
Growth plan. Fully develop Propbase NEXUS V2 and advertise that model to property developers in Thailand. Scale up into SE Asia as a whole at market saturation.
· Nexus Updates:
o Evolving towards web 2 friendliness. No wallet intergration is key but is the may headache for all Web 3 projects
o Streamlining property developer onboarding. This will be done via a white label solution. Where a property developer has undergone due diligence via Propbase, a white label solution will be offered to them to use Propbase infrastructure instead of building out there own. This will have a positive effect on Propbase as a whole and its stakeholders.
Hope you enjoy!
Fantastic update from the team at @PropbaseApp
$PROPS could be an #RWA powerhouse, the experience of the founding team really shines here. As VCs say: invest in good teams.
Also, not all of us have the time to watch/listen to AMAs so the written summary is much appreciated 🙏
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⏰ Set your alarm ⏰
$PORTAL will officially list on the world’s biggest exchange, @binance, February 29, 10am UTC.
Get ready for an explosive start as we build the future of gaming - this is just the start.
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