SM Properties aims to make real estate accessible to all, irrespective of their background. It is this aim that has led the real estate tokenisation firm to use blockchain technology to solve some of the challenges of the real estate industry worldwide, such as the lack of transparency, high costs of transactions, intermediaries and so on to provide transparency and simplification to dealings.
The real estate industry has been a consistently favoured asset class among investors due to better returns and lesser volatility. Our platform allows buyers and sellers to connect directly, without the need for a third party. This makes the process more efficient and reduces the costs associated with buying and selling property.
Physical real estate properties are fractionalised into shareable tokens/real estate NFT’s (Non-Fungible Tokens), which can then be traded on our own real estate NFT marketplace. .
What is SMP token?
SMP token is a cryptocurrency that powers the NFT marketplace. These tokens can be used for transactions involving real estate NFTs. Launched on 24th Jan 2022, the decentralised cryptocurrencies are developed on Binance smart chain which allows it to deploy smart contracts into pictures and can be used for transactions involving real estate NFTs.
