Build Defi (BDF), a crypto asset issued on the Binance Smart Chain (BSC) network, aims to decentralize the real estate market, other tangible economic assets, and the traditional financial market, the Sao Paulo, Brazil-based company announced.
Build DeFi (BDF) aims to unite the real estate market with the crypto sector. According to the project proposal, the token will work as a solution tool aimed at the concept of Decentralized Finance (DeFi), allowing direct investment in real estate shares without intermediaries. It will allow its holders to gain exposure to the real estate market, a sector valued at more than $30 trillion, according to Statista. In addition, the crypto asset will also integrate with other markets, allowing for decentralized investment in the real economy.
Digital tokens, developed as a result of blockchain technology, are forming the foundations of a tokenized economy so that various services and markets (stocks, bonds, commodities, real estate) are being profoundly impacted through this superior technology. This has the potential to replace the legacy system, just as the light bulb replaced the candle and cars replaced horses, the company explained.
Build Defi investors will participate in decision-making on the funds raised with the issuance of tokens. In this way, holders will help define the portfolio of projects to be built. The project’s first ventures worldwide already have all the approvals and licenses required by local legislation and should be publicly announced on the project’s official channels over the next few weeks.
The Token’s official launch will be on February 20, 2022, on the decentralized exchange PancakeSwap.
In total, 10,000,000,000 BDFs were created on the Binance Smart Chain (BSC) network, whose smart contract will be audited by Certik, the world leader in blockchain security analysis.
