3Blocks offers a software platform that connects real estate assets with metaverse and DeFi ecosystems. Their platform provides data and DeFi services for tokenized real estate, creating a compliant bridge between traditional property and decentralized finance.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional real estate investment involves manual processes, tedious cross-border transactions, a lack of insights for retail investors, and limited liquidity, making it difficult for individuals to build a robust real estate portfolio. Non-American investors face extended timelines to invest in American real estate, and all investors struggle to identify the best-performing properties due to data overload and a lack of transparency.
Solution
3Blocks offers a platform that tokenizes real estate assets using ERC1155 NFTs on the Polygon blockchain, enabling fractional ownership and increased liquidity. The platform streamlines the investment process, reducing it from months to minutes, and allows investors to purchase property shares with fiat or cryptocurrencies. By integrating with DeFi protocols, 3Blocks also facilitates crypto-backed undercollateralized loans, increasing users' purchasing power. Investors gain access to vetted real estate opportunities and can receive rental income in US dollars directly in their crypto wallets, fostering a more efficient and transparent investment experience.
Target Audience
The primary target audience includes retail investors, both domestic and international, seeking fractional ownership in US real estate and passive income opportunities through tokenization and DeFi integration.
Features
- Tokenization of real estate using ERC1155 NFTs for fractional ownership.
- Integration with DeFi protocols for undercollateralized loans, enabling leveraged real estate investments.
- AWS-native syndication platform for reviewing real estate deals and legal agreements.
- Support for both fiat and cryptocurrency payments.
- Automated KYC and wallet whitelisting process.
- Digital ownership documents representing fractional ownership in a limited liability company.
- DeFi-enabled voting system for investor participation in real estate decisions.