Sep 06, 2022
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Acreage | Blockchain based and AI-powered real estate platform that digitises real estate properties
Completed

Acreage | Blockchain based and AI-powered real estate platform that digitises real estate properties

$75,000+
7-12 months
Canada, Toronto
6-9
view project
Service categories
Service Lines
Software Development
Domain focus
Real Estate
Frameworks
Node.js
React.js

Challenge

The real challenge was to build a system that refines the way people market, search for, buy, sell and invest in real estate properties. Another underlying challenge was to challenge the status quo. As we know, most or all real estate transactions are often conducted offline involving face-to-face engagements with various entities.

Solution

In order to bring transparency and efficiency to the real estate industry, we worked on token development, a decentralized listing of real estate properties so that the system can make it possible for the buyers to invest in the portion of properties and sellers to sell portions of their properties.

Results

Acreage unleashes the potential of the real estate investment market by making it more liquid, flexible, and tradable. Acreage connects buyers, sellers, real estate brokers, and lawyers in one unified and transparent ecosystem which builds trust and efficiency in real estate transactions. This blockchain-powered real estate platform is going to operate in more than 30 states in the US. Home sellers are able to reduce the fees from 6% up to 1%.