Propex is a blockchain-based platform that facilitates the tokenization of real estate assets, enabling property owners to convert their holdings into digital tokens. This process allows for seamless buying, selling, and borrowing against properties within a decentralized finance (DeFi) ecosystem.
Value Proposition:
Propex offers property owners the ability to tokenize their real estate assets, transforming them into tradeable digital tokens. This tokenization facilitates easier buying, selling, and borrowing against properties, thereby increasing liquidity and providing access to a broader range of investors.
Governance:
Propex does not have formal governance process
Tokenomics:
Payd does not have a native token
Previous Funding:
In April 2022, Payd raised $1.7 million in a seed funding round led by IFS Capital, with participation from 1982 Ventures, The Hive Southeast Asia, and several angel investors.
