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Turning Physical Assets into Decentraland Assets

RejectedGrant Request

Proposal Details

Author0xd61d…112e
PublishedMar 29, 2022 20:09
Voting beginsMar 29, 2022 20:09
Voting endsApr 12, 2022 20:09
Snapshot#RvjeDkF

Grant size

240,000 USD

Tier

Tier 6

Beneficiary

0xd61d…112E

Description

Outside the metaverse our decentralized app will allow allow people to invest in and buy properties globally, improve and move land registries plus titles to the blockchain, increase transparency of transactions and market activity, create a 3 layer security protocol, and allow people to maximize profits when selling because it is a much smaller fee to list and promote property. When tokenizing properties, firms with large amounts of assets can easily inspect, control, or liquidate assets much easier. Tokenizing a property also means the ability for people to leverage assets to receive loans and build generational wealth. Whole countries will benefit because they can increase FDI and receive taxes directly from owner wallets. Citizens in countries with bad players in leadership will be protected from corruption and land right grabs because everything can be verified on the blockchain. One of the key components of the project will be the creation of the community governance which ensures it remains decentralized and never in control of the big banks. All that seems ideal but how does this impact or improve decentraland? Well home owners can quickly establish themselves and their property on decentraland using our NFT. The dao and community can use fees to increase DAO funds and the practicality of the ecosytem overall. Larger properties will boost the sale of other digital assets like art and furniture to decorate the digital property. BlockChain Homes in collaboration with decentraland can create a seamless connection between the physical and web 3.0.

Voting Power

04M8MRequired to pass03/2904/0104/0404/0604/09
YesNo

2 Comments

maraozApr 04, 2022

I like the idea, but lower the $ requested and show results before you ask for a Tier 6 grant!

daoMar 29, 2022

Turning Physical Assets into Decentraland Assets This proposal is now in status: REJECTED. Voting Results: * Yes 1% 995 VP (4 votes) * No 10% 841,390 VP (21 votes)