AqarChain Journey- How it Came to Existence?

AqarChain’s flagship holding company is Smart Chain Holding. Smart Chain was founded in 2018 by a group of outstanding industry professionals from the UAE and Saudi Arabia to develop real-world use cases in emerging technology domains such as Blockchain, AI, Machine Learning, and IoT. Smart Chain has created several mobile and web applications, enterprise solutions, government, and SNE projects and services since its inception.

AqarChain is Smart Chain Holding Corporation’s flagship product and a wholly-owned subsidiary of Smart Chain Holding Corporation. AqarChain was founded as a proptech firm that provides digital innovation in the real estate market, as well as a Fintech solution that provides investment options to retail and professional investors via the internet.

What is Aqarchain.io?

With an end-to-end platform that allows consumers to have a smooth online experience, AqarChain is digitizing the Real Estate market.

With a decentralized tokenized infrastructure, AqarChain provides a cutting-edge investment platform for real estate investors. The platform will be the world’s first decentralized real estate marketplace, making real estate investment as simple as trading in stocks. The real estate properties are fractionalized to attain this goal.

AqarChain Offerings

AqarChain will be the first decentralized Real Estate NFT marketplace in the world, including the following features:

• Tokenization

By issuing an NFT for each property and subsequently fractionalizing the NFT, a hybrid tokenization platform for real estate assets is created.

• Non-Fungible Token

Each property’s ownership is verified using the NFT established for the property, which contains the property’s title deed. The NFT is further fractionalized, with fractional token buyers becoming fractional owners of the NFT, which contains the property’s Title Deed as metadata.

• Fractional Tokens

The number of fractional tokens and the value of each Fractional Token will be determined using metadata from the property’s title deed. The owner will be able to assert ownership of the property using this token.

• Secondary Sole of Fractional Tokens

The Fractional tokens will be traded in the secondary market as an OTC on the AqarChain platform. Later on, it will work with exchanges to list fractional tokens for trading.

• Crowdfunding

Following successful KYC compliance, investors and accredited investors will be able to purchase fractional tokens of each NFT of the property.

• AQR Token

The AqarChain platform’s native utility token is AOR. The token’s parent contract will be built on Ethereum, with a bridge to Polygon (NATIC), Binance Smart Chain, and Tezos. The token protocol is purely utilitarian.

• DeFi Stoking

To earn extra AORrewards, AOR tokens can be staked on the AqarChain network. There is also XTZ staking, which allows users to stake XTZ in exchange for AOR rewards.

• Governance Voting

By depositing AOR tokens, fractional token holders can vote on their property selections. The voting will take place on topics such as short-term or long-term lease, buyout or sale offers, property valuation, and, most crucially, property listing.

AQR Token Sale Will Be Held in 3 Phases

Token Sale Phase: Total Allocation

Seed Round:10.00%

Private Round: 12.20%

Public Round (IDO): 0.30%

To know more about this emerging real estate tokenization platform, simply visit https://aqarchain.io/#1 today!

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