Author:
Will Corbett
Posted on:
Nov 05, 2024
Views:
165
In a rapidly evolving world where technology is reshaping traditional industries, Ethereum Address Service (EAS) is leading the way with a revolutionary blend of cutting-edge blockchain technology and real-world property. EAS is building the next generation of real estate investing by transforming real-world addresses into tradable digital assets on the Ethereum blockchain.
With EAS’s cost-effective virtual tokens, every address and postal code in the world can be minted and traded as a unique ERC-721 non-fungible token (NFT), linked to real-world property values through custom data API integrations. Much like property ownership in the real-world, EAS digital asset owners generate income as property values trend upwards.
Meanwhile, address NFTs accumulate valuable points in Address Quest™, EAS’s proprietary game where NFT collectors are rewarded for predicting the movement of real-world property values. If these predictions are correct, participants win substantial tokenized ownership stakes in highly sought after properties (real properties not virtual!).
William Corbett, Co-Founder of EAS, stated, “By merging real-world property data with virtual digital assets, we give our users a taste of real-estate investing without the burdensome costs. At this point in the regulatory evolution, direct real estate tokenization platforms have high minimums, lengthy lock-up periods, and are limited to institutional and accredited investors. The NFT and broader digital asset community, accredited or otherwise, consists of tech savvy consumers who embrace innovation and are vastly ahead of the curve in terms of blockchain and cryptocurrency adoption. As we launch and look to scale, the NFT community is a great place to be.”
Central to EAS's mission is a commitment to on-chain transparency. This encompasses all business operations, including user earnings, referral payments, charitable contributions, prize drawings, tax reporting, and more. EAS aims to set a new standard for accountability and openness in the blockchain industry.
In 2025, EAS will be launching real-world asset (RWA) token offerings, where collectors can trade real-world ERC-20 tokenized real estate through an SEC and FINRA-compliant marketplace. With a decentralized approach, the community’s virtual activity determines where real-world property is tokenized, making the EAS community an integral part of the decision process.
"Coming from a background in traditional real estate, I'm thrilled by the new possibilities that the blockchain offers for private real estate investment, including transparency, affordable access and greatly increased liquidity for property owners and investors," added Mr. Corbett. "We are only beginning to explore the potential of the blockchain to revolutionize property tokenization. In the coming decade, blockchain-based applications will transform how we transact in the private real-estate marketplace. EAS is well positioned to participate in this future.”
Additionally, EAS leverages the robustness and flexibility of smart contract technology to create a secure and automated platform for digital asset transactions. With Ethereum-based smart contracts, every step in the process—from minting and trading to property tokenization and earnings generation—is handled transparently and efficiently.
Laura Storjohann, Co-Founder at EAS, commented, "Smart contracts are the backbone of our platform, ensuring that all transactions are secure, verifiable, and immutable. This technology not only enables us to streamline our operations but also empowers our users with a level of trust and transparency that traditional systems can't match. At EAS, we're excited to push the boundaries of what's possible with smart contracts, delivering a Web3 experience that merges innovation with real-world utility."
About Ethereum Address Service (EAS):
Ethereum Address Service (EAS) revolutionizes how we perceive real-world addresses by transforming them into unique non-fungible tokens (NFTs), tradable on the Ethereum blockchain. With a gamified experience that merges cutting-edge blockchain technology with real-world property data, EAS offers an accessible and inclusive approach to real-estate investing without the burdensome costs.
Our pioneering approach leverages the robustness and flexibility of smart contract technology to create a secure and automated platform, ensuring that all digital asset transactions are secure, verifiable, and immutable. EAS is dedicated to providing a meaningful Web3 experience, focusing on the practical utility of NFTs.
We are committed to maintaining active communication and upholding 100% transparency with our community. In our world, each address and postal code is unique, represented by a single NFT. Seize the opportunity to claim your favorite address, before someone else does.
For more information, visit www.easnft.com.
EAS is growing its community through dedicated affiliate ambassadors with a passion for NFTs. Through your custom referral link, receive a 5% commission on the referral of any newly minted NFT. You also earn valuable points in Address Questâ„¢ with each referral, and come closer to our grand prize of 2,500 ETH in tokenized real estate. With over 2 billion unique addresses in the world, EAS offers you the opportunity to make referral amounts never before seen in Web3.