Paris, France, October 9, 2024, Chainwire
Coded Estate has successfully closed an oversubscribed angel funding round with investments from Mozaik Capital, Hyperion Ventures, Black Dragon, Dutch Crypto Investors, and more. Additionally, Coded Estate officially announces the launch of its “Mainnet pre-season campaign”, an initiative to seed the platform with early liquidity and set the stage for its mainnet release on top of Sai Perpetuals, powered by Nibiru Chain.
“We are thrilled to close our angel funding round and have such esteemed investors on board,” said co-founder Didrik Angell. “Our mission is to redefine real estate transactions via blockchain, making homeownership more accessible and more fun! Partnering with Nibiru enhances our capabilities, and the pre-season campaign is just the beginning as we prepare to launch a platform that will forever change the way people invest in real estate.
Leveraging Blockchain for Real Estate Innovation
Coded Estate seeks to transform the $280 trillion global real estate market through blockchain technology. Founded by a team of blockchain experts experienced in building applications on Solana, Thorchain and Sei Network, Coded Estate aims to create a Web3 hub for real estate.
The platform will support on-chain property sales and rentals while offering fractional ownership and improving market transparency through the use of dynamic NFTs (dNFTs), hybrid smart contracts and proof of knowledge zero (ZKP).
“By integrating these technologies, Coded Estate will enable users to invest in shared ownership of properties, making real estate markets more accessible and efficient. The platform is designed to overcome traditional barriers to real estate investment and speculation, with a focus on transparency and ease of use,” said co-founder Didrik Angell.
Strategic integration with Nibiru
Coded Estate’s strategic move towards Nibiru—a blockchain and smart contract ecosystem with a high-performance execution layer equivalent to EVM (Nibiru EVM). The Nibiru blockchain is designed to meet the growing demand for versatile, scalable and easy-to-use Web3 applications.
Nibiru EVM, which was released for alpha testing in June 2024, will significantly expand market reach and facilitate seamless integration with the broader cryptocurrency ecosystem. This feature will also open Coded Estate and other Wasm-based applications on Nibiru to Ethereum’s vast user base.
Pre-season Mainnet campaign to introduce early liquidity
Coded Estate officially announces its Mainnet pre-season campaigndesigned to reward platform users with exclusive benefits. This campaign marks the culmination of Coded Estate’s journey from concept to execution and invites users to seed the initial liquidity pool and receive exclusive benefits, such as early adopter incentives. The campaign also integrates with Sai, a decentralized perpetual trading platform launched on Nibiru, which will provide users with perpetual RWA (real world assets) market opportunities.
About Coded Estate
Coded Estate is the first Web 3.0 real estate hub. The platform on-chains homes and rentals while transforming fractional ownership and speculation in the real estate market into accessible, efficient and transparent markets leveraging dNFTS, hybrid smart contracts and zero-knowledge proofs (ZKp) .
About Sai
Sai is a newly developed perpetual trading app based on Nibiru. Through its integration with Coded Estate, Sai supports enhanced trading and liquidity management solutions, strengthening the overall ecosystem.
For media inquiries:
info@codedestate.com
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