CryptoKnights AMA Recap: Exploring EstateX — The Future of Tokenized Real Estate

Kenny
ritestream
Published in
4 min readMay 17, 2024

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In a highly engaging AMA session hosted by Kenny (SM/CM) and Joseph (CSO) of Ritestream, Steve Lawrence and Bart de Bruijn from EstateX provided an in-depth look into their revolutionary project, which aims to disrupt the $300 trillion real estate industry through tokenization and bring fractional real estate ownership to the masses.

The Rise of EstateX

Born out of a vision to address the housing crisis in the Netherlands, EstateX was founded by Bart de Bruijn and Thomas Onel, with the goal of leveraging blockchain technology to democratize real estate investment. By tokenizing properties and dividing them into digital tokens, EstateX aims to lower the entry barriers and open up real estate investment opportunities to anyone, regardless of their financial background.

Differentiators and Key Features

Steve and Bart highlighted several key differentiators that set EstateX apart from other tokenization projects:

  1. Regulatory Compliance: EstateX will have an end to end regulated ecosystem and will offer the highest regulated solutions of any tokenization ICO.
  2. Seamless Web2 to Web3 Transition: With a user-friendly platform akin to Amazon or Uber, EstateX aims to bridge the gap between Web2 and Web3, making real estate investment accessible to the average consumer.
  3. EstateX Pay: This revolutionary feature allows users to pay for everyday goods and services directly from their real estate portfolio, providing unprecedented liquidity.
  4. Instant Loans: Users can take out instant loans against their tokenized real estate, enabling them to leverage their assets for further investments or financial needs.
  5. Financial Literacy Suites: EstateX plans to offer free financial literacy programs worldwide, empowering users to make informed investment decisions and build generational wealth.
  6. Celebrity Endorsements: Notable celebrities like Tiffany Haddish, Paris Hilton, and Snoop Dogg have endorsed EstateX, without being paid, showcasing their belief in the project’s mission.
  7. Partnerships: EstateX has forged partnerships with one of the biggest property brands in the world, received a credit grant from Microsoft, and investment from USDT co-founder Brock Pierce, further validating its credibility and potential.

The Road Ahead

With a strong community of over 35,000 members and an average token staking period of seven years, EstateX is poised for long-term success. The team expressed their commitment to making history by disrupting not only the real estate industry but also the banking, lending, and education sectors.

As the AMA drew to a close, Steve and Bart extended an invitation to join the EstateX family (links below), promising an exciting journey filled with opportunities for passive income, financial empowerment, and the potential to become early adopters of a revolutionary platform.

Whether you’re a seasoned investor or a newcomer to the world of real estate, EstateX presents a compelling proposition to level the playing field and unlock the doors to fractional ownership of real-world assets.

Entering the CryptoKnights Show

During the AMA, Joseph expressed his excitement about having EstateX as a featured project on their upcoming show.

The ritestream team was particularly impressed by EstateX’s ability to cross over to mainstream, Web2 communities, making it a meaningful addition to the show. As a project with the potential for widespread appeal, EstateX caught the attention of the entertainment industry professionals involved in the show’s production.

The hosts expressed their commitment to showcasing EstateX’s story and value proposition in the most compelling and accessible way possible. They plan to dedicate ample airtime to EstateX, allowing the team to visually demonstrate their platform’s features, such as the “real estate Tinder” experience and the ability to purchase fractional real estate ownership in minutes.

Furthermore, the producers aim to incorporate interactive elements, such as QR codes, that would enable viewers to sign up for EstateX’s platform and potentially become property owners during the show’s broadcast.

With recaps and progress updates planned for future seasons, CryptoKnights envisions a long-term partnership with EstateX, showcasing the project’s milestones and achievements as it continues to disrupt the real estate industry.

ritestreams team acknowledged the challenge of condensing EstateX’s multifaceted offerings into a concise narrative but expressed their determination to work closely with the team to simplify and amplify their message effectively.

They’ll also be launching an exciting giveaway where you can receive a brand new Lambo (Giveaway link below)

Watch the full AMA below

EstateX Socials & Event:

Telegram Twitter/X Lambo Giveaway

Where to buy $RITE?

PancakeSwap, MEXC, Gate.io, and BitPanda.

Where to stake $RITE?

https://staking.ritestream.io

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Kenny
ritestream

ritestream Social Media & Community Manager