Review Aqarchain Tokenomics

media21 (25)in #aqarchain • 3 years ago

Aqarchain is a blockchain powered real estate investing platform whose aim is to create a decentralized ecosystem where investment in real estate is as easy as investing in shares on the stock market. This aim is achieved by fractionalizing the real estate properties.

Aqarchain is the flagship product of the Smart Chain Information Technology Consultancy Ltd. The purpose of this product is to provide tokenization of real estate assets using Blockchain Technology.

About Tokenomics

Tokenization is basically the process involving the adaptation of physical as well as non-physical assets into the blockchain. The trend has already been engraved in traditional industries like Real Estate.

So, why do we need real estate tokenization in the first place?

For example, if you own a house, and suddenly you need urgent money. What are you going to do? But you need only $10,000 while your apartment has a value of $100,000.

Is it possible for you to use your property for obtaining the money?

This is where the importance of asset tokenization comes into the picture!

Asset tokenization can help you convert your $100,000 worth of apartment into divisible security tokens. Each token would carry one(1) share of the apartment. If you purchase 10 tokens, you will get 10% of ownership in the asset.

About Aqar Chain Tokens

Blockchain: Tezos
Token Type: FA1.2 | FA2.2
Token Protocol
Token Name: AQAR Token
Token Symbol: AQR
Token Supply: 100 million Tokens
Token Price: $0.45

Token Sale Stages

AQR Token Utility

AQR token is staked on the Aqarchain platform to earn rewards
AQR Token will be used to buy a property through USDT.
An AQR/USDT pool will be available for the property purchase.
The sellers of the property benefit by getting less volatile.
AQR token is a fundraising instrument for early participants.
AQR Token will be used as a reward.

AQR Token Staking

AQR tokens that are staked on the platform can be withdrawn by paying a withdrawal of 1% amount.
AQR tokens that are vested will not have any tax on withdrawing on maturity. And by paying the withdrawal fees, it can be withdrawn before maturity.
AQR tokens can be staked on the platform for 1 month, 3-month, 6-month, 12 months, etc.
AQR token withdrawal fees can be implied on all staking options.

The Withdrawal fees structure