Coded Estate Launches Real Estate Hub After Oversubscribed Round

Paris, France, October 9th, 2024, Chainwire

Coded Estate has successfully concluded an oversubscribed angel funding round, attracting investments from Mozaik Capital, Hyperion Ventures, Black Dragon, Dutch Crypto Investors, among others. Furthermore, Coded Estate officially announces the initiation of its “Pre-Season Mainnet Campaign,” an effort aimed at bootstrapping the platform with early liquidity in preparation for its mainnet launch on Sai Perpetuals, powered by Nibiru Chain.

“We’re excited to finalize our angel round and to welcome such prestigious investors aboard,” stated Co-founder Didrik Angell. “Our goal is to revolutionize real estate transactions via blockchain technology, making ownership more accessible and enjoyable! Collaborating with Nibiru boosts our capabilities, and the pre-season campaign is just the starting point as we move towards launching a platform that will transform real estate investment forever.”

Harnessing Blockchain for Real Estate Advancement

Coded Estate aspires to reshape the $280 trillion global real estate landscape with blockchain innovation. Established by a team of blockchain specialists experienced in developing applications on platforms such as Solana, Thorchain, and Sei Network, Coded Estate aims to create a Web3 hub for real estate.

The platform will facilitate on-chain property sales and rentals, providing fractional ownership while enhancing market transparency through dynamic NFTs (dNFTs), hybrid smart contracts, and zero-knowledge proofs (ZKPs).

“By embracing these technologies, Coded Estate will enable users to invest in fractional stakes of properties, making real estate markets more accessible and efficient. Our platform is crafted to dismantle traditional barriers to property investment and speculation, emphasizing transparency and user-friendliness,” remarked Co-founder Didrik Angell.

Strategic Partnership with Nibiru

Coded Estate has strategically aligned with Nibiru—a blockchain and smart contract ecosystem featuring a high-performance, EVM-equivalent execution layer (Nibiru EVM). The Nibiru blockchain is designed to cater to the rising demand for versatile, scalable, and user-friendly Web3 applications.

Launched in alpha testing in June 2024, Nibiru EVM will vastly increase market outreach and enable seamless integration with the broader cryptocurrency ecosystem. This capability will allow Coded Estate and other Wasm-based applications on Nibiru to connect with the expansive Ethereum user base.

Pre-Season Mainnet Campaign to Foster Early Liquidity

Coded Estate is proud to introduce its Pre-Season Mainnet Campaign, crafted to reward early platform adopters with exclusive advantages. This campaign marks a significant milestone in Coded Estate’s evolution from concept to reality, inviting users to contribute to the initial liquidity pool and earn exclusive benefits, such as incentives for early adopters. The initiative also collaborates with Sai, a decentralized perpetual trading platform launching on Nibiru, which will provide RWA (real-world asset) perpetual market opportunities for participants.

About Coded Estate

Coded Estate represents the forefront of Real Estate in Web 3.0. The platform transitions homes and rentals on-chain while innovating fractional ownership and housing market speculation into accessible, efficient, and transparent markets utilizing dNFT technologies, hybrid smart contracts, and zero-knowledge proofs (ZKP).

About Sai

Sai is an innovative perpetual trading application developed on Nibiru. Through its integration with Coded Estate, Sai enhances trading and liquidity management solutions, thereby strengthening the overall ecosystem.

For Media Inquiries:

info@codedestate.com