In an era where blockchain technology is revolutionizing various industries, Propchain stands out as a transformative force in the real estate sector. Headquartered in Luxembourg, with operational subsidiaries in Lithuania and Dubai, Propchain specializes in the tokenization of real estate assets, allowing users to invest incrementally in lucrative property ventures. The platform boasts a user base exceeding 250 active members, with a waitlist nearing 7,000, and has successfully sold over 1 million EUR in tokenized assets. Underpinned by rigorous audits from Ernst & Young Luxembourg and a solid regulatory framework maintained by CMS Luxembourg, Propchain aims to deliver an annual ROI of 8-12%. As it gears up for its scale-up phase and first equity round, Propchain is poised to reshape real estate investment.

Read on to discover how you can be part of this groundbreaking journey.

What is Propchain?

Propchain is a Luxembourg-based organization that specializes in the tokenization of real estate assets, with subsidiaries in Lithuania and Dubai that facilitate its operations. Propchain enables users to invest in fractionalized real estate strategies and assets.

Key Features of Propchain

1. Fractionalized Real Estate Investment: Propchain allows users to invest in real estate assets incrementally, making it accessible to a broader audience.
2. Professional Management: All assets and strategies available on the platform are managed by Propchain and its professional partners, aiming for an average return between 8-12% in yearly ROI.
3. Regulatory Compliance: Propchain’s investment platform is fully regulatory compliant and undergoes investment-related audits by Ernst & Young Luxembourg.
4. Robust Regulatory Framework: The regulatory framework is established and upheld by CMS Luxembourg, while domiciliation services are executed by Opportunity Financial Services Luxembourg.
5. Successful Token Sales: Propchain has sold over 1M EUR in tokenized assets, has over 250 active users, and is currently boarding close to 7000 users on its waitlist. Token sales have been successfully concluded, with over $4M raised to date.
6. Future Plans: Propchain is preparing for its scale-up phase and first equity round, which will take place after a successful IDO of its native utility token.

Propchain's Native Utility Token: PROPC

The Propchain crypto token, also known as PROPC, is a cryptocurrency token built on the Ethereum platform and was launched in 2023. The primary purpose and utility of the Propchain token are to offer various benefits and utilities within the Propchain ecosystem, which focuses on the real estate sector.

Purpose and Utility of PROPC

The token aims to empower users with tools for building legacies and sustainable wealth creation through user-centric products and verticals. The ecosystem utilizes a native token, $PROPC, which serves as a utility token with models and benefits that encompass multi-token functionality, simple user experience, loyalty programs, and more.

Specific Use Cases and Utilities of PROPC

1. Tier and Loyalty Programs: Propchain rewards its most loyal users with PROPC tokens for interactions like browsing properties, listing, and transacting. These tokens can be used to climb the ladder of membership tiers, providing access to exclusive rewards such as reduced fees and early access to premium listings.
2. Cashflow Buybacks: Propchain channels a portion of its revenue towards buying back PROPC tokens on the open market. This practice solidifies the token's demand, boosts investor confidence, and contributes to the long-term sustainability of the platform.
3. Business Accounts: Propchain allows developers, agencies, and enterprises to showcase, tokenize, and list their projects by staking PROPC tokens and covering associated fees for listing. This mechanism ensures the increasing growth and demand of the token's market dynamics.
4. Liquidity Windows: Propchain introduces distinct liquidity windows for real estate asset trading. While users can exchange their assets anytime, utilizing PROPC tokens amplifies the trading experience by unlocking special trading windows, increasing trading velocity, and broadening the opportunity spectrum for users.

Tokenomics and Distribution Model of PROPC

The tokenomics and distribution model of the Propchain crypto token are designed to support long-term growth and sustainability.

Key Aspects of PROPC Tokenomics

1. Total Token Supply: The total token supply of $PROPC is 100,000,000.
2. Initial Token Circulation: At the time of the initial token circulation, 2,240,000 $PROPC tokens were in circulation, representing 2.24% of the total token supply.
3. Project Valuation: The project valuation at the time of the initial token circulation was $35,000,000.
4. Initial Market Cap: The initial market capitalization, excluding liquidity, was $364,000.
5. Team Allocation: The team initially held 15M PROPC tokens, but a recent update shows that a newly established team bucket now holds 7.5M PROPC tokens, indicating a halving of the initial team allocation.
6. Vesting Period: The team has extended the vesting period by another 6 months, demonstrating their commitment to the long-term strategy of the Propchain Foundation.
7. Staking Mechanism: Propchain has revamped its staking mechanism to drive demand from web2 (non-crypto native) users and reduce correlation with market cycles.
8. Token Buybacks: Propchain has implemented a token buyback strategy to provide liquidity to pre-sale participants, strengthen the treasury for future growth, and stimulate ecosystem growth.
9. Surpassing 10K Holders Milestone: Propchain has surpassed 10,000 decentralized wallet holders of PROPC, indicating the success of their marketing efforts and community strength.
10. PropchainDAO: The launch of the PropchainDAO marks a significant milestone in the journey towards decentralized governance, empowering every participant to contribute to the growth and development of the ecosystem.

The Team Behind Propchain

The team behind Propchain consists of experienced professionals with backgrounds in technology and real estate. The two key figures are Robin Ubaghs, the CEO, and Alexander Ingwersen, the COO.

Key Team Members

1. Robin Ubaghs (CEO): Robin Ubaghs is the CEO and co-founder of Propchain. With a strong background in technology and entrepreneurship, Ubaghs is committed to revolutionizing the real estate sector through innovative blockchain solutions. His expertise lies in building and scaling digital businesses, and he has a proven track record of success in the industry.
2. Alexander Ingwersen (COO): Alexander Ingwersen is the COO and co-founder of Propchain. He brings a wealth of experience in real estate, finance, and business development to the team. Ingwersen's expertise includes identifying and capitalizing on market opportunities, as well as managing and scaling operations. His background in real estate and finance makes him an invaluable asset to the Propchain team.

Notable Advisors, Partners, and Investors

1. Ellex: A compliance partner, ensuring that Propchain adheres to regulatory requirements and maintains a compliant infrastructure.
2. Prominent On-Chain Providers: Propchain has established a network