PROPSPropbase (PROPS) Price

1. Project introduction

Propbase is offering fractional ownership of curated properties with guaranteed rental yield.

A Web3 tokenized real estate platform with a mission to disrupt the property industry and transform real estate investment into a modern liquid asset class by democratizing real estate ownership, allowing everyone the ability to enjoy the benefits of property investment.

Users can participate in purchasing fractional shares of the property value. Once the property has been fully funded, token ownership is distributed to market participants and can be traded on the P2P Marketplace.

All yield generated by the property will be distributed utilizing smart contracts on a daily basis, proportional to the token amount, sent to the native wallet directly in the app.

2. Team introduction

CEO - Kevin Goos

Executive Director - Hudson Leung

Executive Directo - Jesse Gage

3. Token application and distribution

Token application:

The PROPS token's main utility feature is to facilitate processing of transactions via smart contracts that

record a specific data point, which subsequently can be verified on the blockchain by all parties. PROPS tokens are built on the Aptos blockchain, with low transaction fees taken into consideration. The Propbase platform requires the user to interact with smart contracts on the Aptos blockchain, with fees paid in the PROP tokens. Users who do not have PROPS tokens must buy them on an exchange in order to participate in the Propbase marketplace, registry, and transaction platform.

Token distribution:

The PROPS token has a fixed supply of 1.2 billion tokens. Of

the total fixed supply, 20% will be crowd base funded at a

fixed value, 35% of supply will be locked in the rewards

protocol, 12% allocated to the company, 3% to the

foundation, 5% for seed capital, 5% for advisors, 10% for

marketing, and 10% for liquidity pools. Each allocation has

a tiered unlocking period up to 60 months from the

completion of the crowd base funding closing date.