Today, blockchain projects must not only have a great business model and team dynamics, likewise becoming major indicators whether a blockchain project is promising or not are: 1) a pre-existing revenue-generating business, and most importantly — 2) a minimum viable product or MVP.

What is an MVP and why is it so important?

Let’s take the definition from the name itself — Minimum Viable Product. It is a product equipped with just sufficient features to satisfy early customers and to provide feedback for the ongoing product development.

According to a research by icorating for the first quarter of 2018, out of 412 blockchain projects, an alarming high percentage of 46.6% had no development before their ICO campaign and only 9% of projects had a functioning business before their ICO.

ICO Market Research Q1 2018 by

In hindsight, we can say that the MVP also signifies the dedication of the team to pursue the fruition of the project.

On top of AQWIRE’s dynamic team and notable advisors, competitive business model, and the revenue generating cross-border payments solutions company behind it, Qwikwire, AQWIRE is officially releasing its MVP.

Hence, joining the short list of promising blockchain projects backed by an existing profitable company with Minimum Viable Products or MVP’s.

As part of the main features of AQWIRE, the MVP will have a listings functionality for property developers, while property buyers will have access to over 2,000 units from our three onboarded property and real estate companies.

The stage 2 of the MVP will feature a dashboard for property developers, agents, and brokers designed to facilitate the following: management of inquiries, assigning of leads to in-house agents who will cater to the potential buyer, invoicing the buyer for payments, and generating summary reports.

Onboarded Developers

Revolution Precrafted is the very first to onboard on the AQWIRE platform. It is a fast-growing global company, uniting over 80 of the world’s preeminent architects, artists, and designers to create an exclusive series of prefabricated, livable spaces.

The valuation reach for Revolution Precrafted is over one billion USD making it the Philippine’s first and only Unicorn today. Revolution has closed deals worth nearly US$9B in 24 countries, including building units in The World Islands in Dubai and the recent US$2B deal with Megaworld.

AQWIRE officially sealed partnership with Revolution Precrafted last September 7, 2018.

DoubleDragon Properties Corp., a listed real estate company led by its Chairman Edgar “Injap” Sia II (founder of Mang Inasal) and the Co-Chairman Tony Tan Caktiong (founder of Jollibee).

DoubleDragon is now one of the top 5 listed companies on the Philippine Stock Exchange in terms of market capitalization after having achieved a market capitalization of over $2 Billion in less than two years from IPO.

New Nordic Group is a Hong Kong based real estate firm, developing projects and holiday villages across South East Asia in Thailand, Indonesia, Cambodia and the Philippines. The firm currently have 100 projects under their management, with 50 buildings completed.

The company is led by visionary and CEO Mr. Kurt Svendheim, with over 30 years of expertise in real estate across the world. He came to Asia in 2008, and fell in love with the region and saw a unique potential for developing holiday apartments. Today, he has been joined by a highly qualified team of young and dedicated people with expertise in the field of finance, real estate, hospitality, and development to continue to bring his vision of vibrant orange holiday villages to life.

As we move closer to the full launch of AQWIRE, take a glimpse of some of the features you can look forward to in the upcoming developments.

Broader Property Selection

More property developers are set to onboard the platform. AQWIRE is actively receiving positive responses and great interests from property developers in the Philippines, Thailand, Japan, and other Asian countries. We are currently in talks with these developers who have expressed great interest in listing on the platform.

Credit/Debit and Cryptocurrency Payment Function

By fully integrating Qwikwire, the leading cross-border payments platform for real estate transactions in Southeast Asia, AQWIRE will be a marketplace listing platform with the capacity to efficiently process cross-border payment transactions.

Qwikwire will enable AQWIRE to process payments using credit/debit cards (Visa, MasterCard, AMEX, JCB, Diners, Discover), eCheck (via ACH), and SWIFT.

In addition, the cryptocurrency gateway through an exchange partner will be integrated into the platform and this will enable the acceptance of Ethereum, Bitcoin, Litecoin, and Ripple to be converted to fiat currency for the property developers.

Utilization of the QEY Tokens

The major factors that set AQWIRE apart from a traditional property listing portal are the following: the platform’s use of the blockchain technology, smart contracts and the unique utilities of its own token, the QEY Tokens.

Built on the ERC-20 token standard, QEY tokens are primarily designed to enable holders to access the following specialized features on the AQWIRE platform:

  • Access to discounted properties in the platform.
  • Avail discounts on monthly property payments
  • For property developers, the ability to list properties
  • For property developers, the ability to conduct KYC (know your customer) cross-border via blockchain.

The upcoming developments on the platform will integrate the utilities of the QEY Tokens.

Our team is giving our utmost dedication to fully develop and drive the MVP to attain its intended final outcome, a global property marketplace that connects all the key players for the best deals in the world’s fastest growing real estate markets.

Check out AQWIRE’s MVP now!

Selling properties abroad? Join the Global Property Marketplace — AQWIRE!

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