The real estate firm will be tokenized on the eCredits Blockchain, removing high entry barriers witnessed in traditional real estate investment
Luxembourg — October 4, 2023 — The People’s SCE, a decentrally governed organization (DGO) powering applications built upon the eCredits Blockchain, has partnered with Rocksolid Estate AG, a real estate investment platform, to facilitate fractional investments to participate in the profits from the rental, sale and management of all Rocksolid Estate properties. This collaboration lowers the entry barrier to real estate investment, making tokenized assets accessible to a wider audience through the advanced eCredits Blockchain infrastructure.
As the tokenization of global illiquid assets is expected to become a $16 trillion business opportunity by 2030, Rocksolid Estate has introduced the concept of Instant Real Yield (IRY). Unlike traditional real estate investing, IRY emphasizes real-life blockchain use cases, enabling individuals to diversify their portfolios and build wealth without the need for excessive capital or burdensome loans.
Users can make tokenized fractional investments in real estate business, sharing in the yields generated by the company that owns and operates the properties. This approach allows users to invest with low initial costs. Rocksolid Estate offers investors the opportunity for quick returns and monthly payouts from the beginning, contingent upon users’ adherence to Terms and Conditions of the ROC Participation Rights.
Furthermore, the startup provides a secure, fully regulated investment opportunity, in partnership with Equito, a MiFID II regulated broker. Investors gain voting rights to shape corporate decisions and can choose to invest in commercial real estate holdings or expand to include green energy initiatives like solar power plants.
Bernhard Blaha, CEO of The People’s SCE, commented, “By combining eCredits’ blockchain technology with Rocksolid’s innovative approach to real estate business, we aim to empower individuals to build wealth and take control of their financial future. This partnership is a testament to the transformative potential of blockchain in democratizing finance.”
Sebastian Arnezeder, CEO of Rocksolid Estate AG, concluded: “The collaboration between eCredits and Rocksolid Estate demonstrates the potential for blockchain technology to expand access to traditionally exclusive investment opportunities, benefiting a diverse range of investors.”
About eCredits and The People’s SCE
eCredits is a decentralized, blockchain-based ecosystem empowering local businesses and democratizing finance. Designed to be “the people’s currency for daily use”, eCredits enables users, both individual users and businesses, to make and accept everyday purchases with the ecosystem’s native cryptocurrency, eCredits (ECS).
The People’s SCE is a decentrally governed organization (DGO) that powers applications built upon the eCredits Blockchain. The People’s SCE empowers SMEs and consumers to partake in decision-making and shape its future. The governance of The People’s SCE is fully decentralized and operates on the credo “one member, one vote”, making it a fully democratic organization, owned and run by its members.
About Rocksolid Estate AG
Rocksolid Estate AG is a leading company in the field of tokenized real estate. With a team of seasoned experts, cutting-edge technology, and commitment to transparency and integrity, Rocksolid Estate’s mission is to democratize traditional real estate investing so more people can take advantage of the benefits of this asset class. For more information, please visit https://rocksolidestate.com/.