Blockchain concepts bound to influence real estate markets: Smart contract
Not all blockchain-related concepts will directly impact the real estate industry. For instance, it is hard to see how NFTs, on their own, can be valuable in the tangible aspects of the industry. However, other concepts like smart contracts, metaverse, etc., could play a significant role in real estate.
Smart contracts are programs developed and maintained on the blockchain. Thanks to these contracts, solving complex processes becomes easy. Also, smart contract facilitates the seamless connection of sellers and buyers. The strengths of smart contracts lie in their self-executing abilities. So, there is no need for an administrator for projects, as there are rules and conditions to follow.
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Not all blockchain-related concepts will directly impact the real estate industry. For instance, it is hard to see how NFTs, on their own, can be valuable in the tangible aspects of the industry. However, other concepts like smart contracts, metaverse, etc., could play a significant role in real estate.
Smart contracts are programs developed and maintained on the blockchain. Thanks to these contracts, solving complex processes becomes easy. Also, smart contract facilitates the seamless connection of sellers and buyers. The strengths of smart contracts lie in their self-executing abilities. So, there is no need for an administrator for projects, as there are rules and conditions to follow.
--------------------
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π Meychain's media channels:
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Blockchain concepts bound to influence real estate markets: Metaverse
The metaverse is virtual and augmented reality built on the blockchain.
Prospects used virtual reality to view properties before the metaverse became a thing. With the metaverse, activities like property tours, interior dΓ©cor, etc., are carried out and are subsequently executed immediately across all necessary channels thanks to smart contracts.
The metaverse combines different functionalities, culminating in an exceptional ultimate viewing experience.
It is absurd that virtual real estate is fast becoming a thing to folks lacking knowledge of the new economy. With virtual real estate, you can own pieces of digital land and sell them at will. However, beyond the viewing experience, we can only wait to see how metaverse real estate relates to physical real estate.
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The metaverse is virtual and augmented reality built on the blockchain.
Prospects used virtual reality to view properties before the metaverse became a thing. With the metaverse, activities like property tours, interior dΓ©cor, etc., are carried out and are subsequently executed immediately across all necessary channels thanks to smart contracts.
The metaverse combines different functionalities, culminating in an exceptional ultimate viewing experience.
It is absurd that virtual real estate is fast becoming a thing to folks lacking knowledge of the new economy. With virtual real estate, you can own pieces of digital land and sell them at will. However, beyond the viewing experience, we can only wait to see how metaverse real estate relates to physical real estate.
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ANNOUNCEMENT: DELAY LISTING
Dear Meychain Community,
We officially inform the community about temporarily leaving the time of listing the Meychain project on cryptocurrency exchanges to the third quarter of 2022.
The project advisory board has provided an analysis of the market signals and said that: due to the large fluctuations of the current cryptocurrency market, it is adversely affecting the mentality of investors around the world. Therefore, this is not the right time for Meychain to list exchanges.
We will carefully consider the listing time to ensure benefits for both investors and the project.
Follow our media channels for more news updates.
--------------------
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Dear Meychain Community,
We officially inform the community about temporarily leaving the time of listing the Meychain project on cryptocurrency exchanges to the third quarter of 2022.
The project advisory board has provided an analysis of the market signals and said that: due to the large fluctuations of the current cryptocurrency market, it is adversely affecting the mentality of investors around the world. Therefore, this is not the right time for Meychain to list exchanges.
We will carefully consider the listing time to ensure benefits for both investors and the project.
Follow our media channels for more news updates.
--------------------
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Blockchain concepts bound to influence real estate markets: Decentralization
If you have heard anything about blockchain technology, it is probably decentralization. Blockchain technology by design eliminates central authorities.
The traditional real estate industry exists with brokers, banks, lawyers, etc. However, when the use of blockchain in the industry goes mainstream, roles and participation will be affected. Hence, you can eliminate intermediaries. That way, buyers and sellers get more value from the transactions, owing to direct interactions.
Furthermore, the decentralized nature of blockchain accounts for its impressive security. Therefore, if blockchain gains ground in the real estate industry, data transparency and immutability will improve the quality of service.
--------------------
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If you have heard anything about blockchain technology, it is probably decentralization. Blockchain technology by design eliminates central authorities.
The traditional real estate industry exists with brokers, banks, lawyers, etc. However, when the use of blockchain in the industry goes mainstream, roles and participation will be affected. Hence, you can eliminate intermediaries. That way, buyers and sellers get more value from the transactions, owing to direct interactions.
Furthermore, the decentralized nature of blockchain accounts for its impressive security. Therefore, if blockchain gains ground in the real estate industry, data transparency and immutability will improve the quality of service.
--------------------
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π₯MEYCHAIN FIRST AIRDROP: The Winners List π₯
First and foremost, Meychain would like to congratulate our 1500 prizewinners on the exclusive airdrop. The reward is worthy and signifies your effort for the time passing.
To know whether you got the prize, please access the link below to look up your name and wallet address:
πWinner Listπ
β οΈRewards are distributed within 14 days after IDO date.
Once again, Meychain team would like to express our gratitude for the active support from communities and participants.
Stay tuned for our upcoming eventsβ¨
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First and foremost, Meychain would like to congratulate our 1500 prizewinners on the exclusive airdrop. The reward is worthy and signifies your effort for the time passing.
To know whether you got the prize, please access the link below to look up your name and wallet address:
πWinner Listπ
β οΈRewards are distributed within 14 days after IDO date.
Once again, Meychain team would like to express our gratitude for the active support from communities and participants.
Stay tuned for our upcoming eventsβ¨
--------------------
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π Meychain's media channels:
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Blockchain concepts bound to influence real estate markets: Tokenization
The tokenization of entities in the industry will aid fractional ownership. Hence, rather than not investing because you do not have all the money, tokens help you own a piece.
As a result, premised activities for maintenance and leasing manifest from collective decisions. However, this comes with a disadvantage; no fractional owners can use the property as collateral to access a loan.
--------------------
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The tokenization of entities in the industry will aid fractional ownership. Hence, rather than not investing because you do not have all the money, tokens help you own a piece.
As a result, premised activities for maintenance and leasing manifest from collective decisions. However, this comes with a disadvantage; no fractional owners can use the property as collateral to access a loan.
--------------------
πFollow Meychain's Telegram:
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π Meychain's media channels:
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Why it's so hard to buy a home in Londonβ
Rising house prices, high rents and low salaries are to blame, according to Michael Edwards, a University College London lecturer and expert on the relationship between property markets and planning.
For at least half the population, they are paying through the nose, very high prices for rent, or to save up to get enough deposit together to get a mortgage to buy.
So, is tokenization of real estate a solution to this problem?
Watch the video and comment your thoughts below!
https://www.youtube.com/watch?v=mai7N8wkrZE
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Rising house prices, high rents and low salaries are to blame, according to Michael Edwards, a University College London lecturer and expert on the relationship between property markets and planning.
For at least half the population, they are paying through the nose, very high prices for rent, or to save up to get enough deposit together to get a mortgage to buy.
So, is tokenization of real estate a solution to this problem?
Watch the video and comment your thoughts below!
https://www.youtube.com/watch?v=mai7N8wkrZE
--------------------
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YouTube
Why it's so hard to buy a home in London
The number of 20- to 34-year-olds living with their parents in the United Kingdom has risen by 49% since the turn of the century, data from the countryβs Office of National Statistics shows.
Rising house prices, high rents and low salaries are to blameβ¦
Rising house prices, high rents and low salaries are to blameβ¦
Blockchain technology use cases in real estate: Asset management and real estate funds
Several companies and sellers now accept Bitcoin as a mode of payment. However, asides from paying for a new house in bitcoin, there are some other cases.
Tokenization in real estate refers to digitizing securities, alternative assets, and other financial instruments. For instance, building on Ethereum makes it possible to (custom) reconfigure assets. We can program digital assets to include ownership rights, transaction history, and other regulations based on transactional peculiarities. Hence, there could be a standard for every scenario.
Furthermore, tokenization lowers the operational cost required to bolster creation proceed with issuing while exchanging assets.
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Several companies and sellers now accept Bitcoin as a mode of payment. However, asides from paying for a new house in bitcoin, there are some other cases.
Tokenization in real estate refers to digitizing securities, alternative assets, and other financial instruments. For instance, building on Ethereum makes it possible to (custom) reconfigure assets. We can program digital assets to include ownership rights, transaction history, and other regulations based on transactional peculiarities. Hence, there could be a standard for every scenario.
Furthermore, tokenization lowers the operational cost required to bolster creation proceed with issuing while exchanging assets.
--------------------
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π₯Quiz Game tomorrow: "Study real estate with Meychain"π₯
βοΈTime: 14:00 ICT on June 17th, 2022
πLocation: https://t.me/Meychainglobal
π²Reward: 10$ each
βοΈAdmin will ask 10 questions related to knowledge about real estate and Meychain. The 2 fastest and correct answers to each question will receive a reward.
π₯Rule:
βοΈEach participant can only choose 1 answer for each question, anyone who comments the answer more than once will not be counted and will be disqualified.
βοΈAnswers cannot be edited
βοΈThere will be 10 questions for the Quizz Game βStudy real estate with Meychainβ
βοΈAfter guessing, sign below to avoid copying each other's posts.
π Note: All winners must follow Meychain's telegram and twitter
ββββββββββ
π Follow Meychain's Telegram:
Global | Vietnam | Announcement
π Meychain's media channels:
Website | Twitter | Medium | Facebook | Youtube
βοΈTime: 14:00 ICT on June 17th, 2022
πLocation: https://t.me/Meychainglobal
π²Reward: 10$ each
βοΈAdmin will ask 10 questions related to knowledge about real estate and Meychain. The 2 fastest and correct answers to each question will receive a reward.
π₯Rule:
βοΈEach participant can only choose 1 answer for each question, anyone who comments the answer more than once will not be counted and will be disqualified.
βοΈAnswers cannot be edited
βοΈThere will be 10 questions for the Quizz Game βStudy real estate with Meychainβ
βοΈAfter guessing, sign below to avoid copying each other's posts.
π Note: All winners must follow Meychain's telegram and twitter
ββββββββββ
π Follow Meychain's Telegram:
Global | Vietnam | Announcement
π Meychain's media channels:
Website | Twitter | Medium | Facebook | Youtube
π₯Don't miss the Quiz Game today: "Study real estate with Meychain"π₯
βοΈTime: 14:00 ICT on June 17th, 2022
πLocation: https://t.me/Meychainglobal
π²Reward: 10$ each
βοΈAdmin will ask 10 questions related to knowledge about real estate and Meychain. The 2 fastest and correct answers to each question will receive a reward.
π₯Rule:
βοΈEach participant can only choose 1 answer for each question, anyone who comments the answer more than once will not be counted and will be disqualified.
βοΈAnswers cannot be edited
βοΈThere will be 10 questions for the Quizz Game βStudy real estate with Meychainβ
βοΈAfter guessing, sign below to avoid copying each other's posts.
π Note: All winners must follow Meychain's telegram and twitter
ββββββββββ
π Follow Meychain's Telegram:
Global | Vietnam | Announcement
π Meychain's media channels:
Website | Twitter | Medium | Facebook | Youtube
βοΈTime: 14:00 ICT on June 17th, 2022
πLocation: https://t.me/Meychainglobal
π²Reward: 10$ each
βοΈAdmin will ask 10 questions related to knowledge about real estate and Meychain. The 2 fastest and correct answers to each question will receive a reward.
π₯Rule:
βοΈEach participant can only choose 1 answer for each question, anyone who comments the answer more than once will not be counted and will be disqualified.
βοΈAnswers cannot be edited
βοΈThere will be 10 questions for the Quizz Game βStudy real estate with Meychainβ
βοΈAfter guessing, sign below to avoid copying each other's posts.
π Note: All winners must follow Meychain's telegram and twitter
ββββββββββ
π Follow Meychain's Telegram:
Global | Vietnam | Announcement
π Meychain's media channels:
Website | Twitter | Medium | Facebook | Youtube
Blockchain technology use cases in real estate: Property management
Managing properties on a large scale is grossly ineffective. Hence, the need to leverage the data sharing of blockchain. When accurately deployed, blockchain has the capacity to:
βοΈStreamline rental collections and payments to owners
βοΈProvide due diligence across your portfolio.
With these, operational efficiency is improved and sustainable.
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
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Managing properties on a large scale is grossly ineffective. Hence, the need to leverage the data sharing of blockchain. When accurately deployed, blockchain has the capacity to:
βοΈStreamline rental collections and payments to owners
βοΈProvide due diligence across your portfolio.
With these, operational efficiency is improved and sustainable.
--------------------
π Follow Meychain's Telegram:
Global | Vietnam | Announcement
π Meychain's media channels:
Website | Twitter | Medium | Facebook | Youtube
π₯Winner list: "Study real estate with Meychain on 17th June"π₯
1/ @Haidangg2019
@longercrypto
2/@Haidangg2019
@lililula
3/ @anhdaikull
@lienkim
4/ @Shaa93
@uguralkoc
5/ @Shaa93
@cryptomax13
6/ @tv100029
@Haidangg2019
7/ @tv100029
@bichngoc96
8/ @Shaa93
@Tommy769
9/ @sclotee
@bichngoc96
10/@Thaonguyen020292
@lililula
πSending the BEP 20 wallet (Metamask, Trust,....) to @vuandvu before 24h00 (UTC+7) 20/06/2022 to receive reward (After this time admin will not receive any response)
π¨You guys must follow Meychain Global and Meychain Channel
As well as our twitter in order to be a valid winnerβΌοΈ
ππNOTE: THE REWARD WILL BE SENT AUTOMATICALLY TO YOUR WALLET AFTER LISTING (BECAREFUL OF SCAMMERS)
SEE YOU NEXT TIME FOR THOSE YOU WILL NOT WIN. WE WILL HAVE MORE EVENTS IN NEAR FUTURE πͺ
--------------------
π Follow Meychain's Telegram:
Global | Vietnam | Announcement
π Meychain's media channels:
Website | Twitter | Medium | Facebook | Youtube
1/ @Haidangg2019
@longercrypto
2/@Haidangg2019
@lililula
3/ @anhdaikull
@lienkim
4/ @Shaa93
@uguralkoc
5/ @Shaa93
@cryptomax13
6/ @tv100029
@Haidangg2019
7/ @tv100029
@bichngoc96
8/ @Shaa93
@Tommy769
9/ @sclotee
@bichngoc96
10/@Thaonguyen020292
@lililula
πSending the BEP 20 wallet (Metamask, Trust,....) to @vuandvu before 24h00 (UTC+7) 20/06/2022 to receive reward (After this time admin will not receive any response)
π¨You guys must follow Meychain Global and Meychain Channel
As well as our twitter in order to be a valid winnerβΌοΈ
ππNOTE: THE REWARD WILL BE SENT AUTOMATICALLY TO YOUR WALLET AFTER LISTING (BECAREFUL OF SCAMMERS)
SEE YOU NEXT TIME FOR THOSE YOU WILL NOT WIN. WE WILL HAVE MORE EVENTS IN NEAR FUTURE πͺ
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
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β¨AMA with Ms. Tracy Leβ¨
Dear beloved community!
We will have an AMA with Ms. Tracy Le at Crypto Talk community. Ready with us!
βοΈTime: 12:00 UTC on June 20th 2022
πVenue: https://t.me/Crypto_Talkzs
π§ Guest: Ms. Tracy Le - CMO of Meychain
π²Airdrop: $300 by MEY token
π₯Join AMA to update the latest information and receive extremely attractive rewards!
π«ππβπ ππππ ππβΌοΈ
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
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Dear beloved community!
We will have an AMA with Ms. Tracy Le at Crypto Talk community. Ready with us!
βοΈTime: 12:00 UTC on June 20th 2022
πVenue: https://t.me/Crypto_Talkzs
π§ Guest: Ms. Tracy Le - CMO of Meychain
π²Airdrop: $300 by MEY token
π₯Join AMA to update the latest information and receive extremely attractive rewards!
π«ππβπ ππππ ππβΌοΈ
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
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β¨Don't miss the AMA today with Ms. Tracy Leβ¨
Get ready with us and join the AMA with Ms. Tracy Le at Crypto Talk community!
βοΈTime: 12:00 UTC on June 20th 2022
πVenue: https://t.me/Crypto_Talkzs
π§ Guest: Ms. Tracy Le - CMO of Meychain
π²Airdrop: $300 by MEY token
π₯Join AMA to update the latest information and receive extremely attractive rewards!
π«ππβπ ππππ ππβΌοΈ
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
Website | Twitter | Medium | Facebook | Youtube
Get ready with us and join the AMA with Ms. Tracy Le at Crypto Talk community!
βοΈTime: 12:00 UTC on June 20th 2022
πVenue: https://t.me/Crypto_Talkzs
π§ Guest: Ms. Tracy Le - CMO of Meychain
π²Airdrop: $300 by MEY token
π₯Join AMA to update the latest information and receive extremely attractive rewards!
π«ππβπ ππππ ππβΌοΈ
--------------------
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π Meychain's media channels:
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TOKENIZATION LAUNCHPAD TESTNET RELEASE! π₯
We are pleased to announce that the testnet version of the Tokenization Launchpad product was officially launched at 12:00 June 20, 2022.
Users can experience the product by visiting: https://test.meychain.io/launchpad
To tokenize real estate on the testnet, please contact Meychain's admin for support on creating the account on the testnet and being provided fees during the experience.
We are looking forward to receiving many comments from the community on the product experience, in order to perfect the product before the mainnet is announced (expected July 5, 2022).
Currently, the testnet is fully implemented in English and will be updated with Vietnamese on June 23, 2022.
The product manual will be released to the community tomorrow, June 21, 2022. Stay tuned! π₯
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
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We are pleased to announce that the testnet version of the Tokenization Launchpad product was officially launched at 12:00 June 20, 2022.
Users can experience the product by visiting: https://test.meychain.io/launchpad
To tokenize real estate on the testnet, please contact Meychain's admin for support on creating the account on the testnet and being provided fees during the experience.
We are looking forward to receiving many comments from the community on the product experience, in order to perfect the product before the mainnet is announced (expected July 5, 2022).
Currently, the testnet is fully implemented in English and will be updated with Vietnamese on June 23, 2022.
The product manual will be released to the community tomorrow, June 21, 2022. Stay tuned! π₯
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
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Blockchain technology use cases in real estate: Urban planning
Many times, during community planning, property development is neglected. Usually, when this happens, the project may be out of place. However, urban community master plans, infrastructure features, educational resources, feedback loops, and other token-powered incentives are simplified when deployed on the blockchain.
So, it becomes easier to drive the community on the same page with these measures in place. On the flip side, personal project owners get to integrate the communityβs plans into their projects. By so doing, property value, perception, and sustainability improvements.
--------------------
π Follow Meychain's Telegram:
Global | Vietnam | Announcement
π Meychain's media channels:
Website | Twitter | Medium | Facebook | Youtube
Many times, during community planning, property development is neglected. Usually, when this happens, the project may be out of place. However, urban community master plans, infrastructure features, educational resources, feedback loops, and other token-powered incentives are simplified when deployed on the blockchain.
So, it becomes easier to drive the community on the same page with these measures in place. On the flip side, personal project owners get to integrate the communityβs plans into their projects. By so doing, property value, perception, and sustainability improvements.
--------------------
π Follow Meychain's Telegram:
Global | Vietnam | Announcement
π Meychain's media channels:
Website | Twitter | Medium | Facebook | Youtube
MEYCHAIN TOKENIZATION LAUNCHPAD: Testnet Instruction
Dear Meychain Community,
To make it more convenient to experience the Real Estate Tokenization Launchpad testnet product, the Meychain team would like to send the experience guide to the community.
β¨ Details at LINK
Users please kindly register to be supported by the project to send MEY, BNB, USDT testnet for wallets registered to experience at LINK REGISTER EXPERIENCE π
βοΈRegistration time: June 23, 2022 - June 26, 2022
We are looking forward to receiving many comments about the product so that we can further improve the product before launching the mainnet.
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
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Dear Meychain Community,
To make it more convenient to experience the Real Estate Tokenization Launchpad testnet product, the Meychain team would like to send the experience guide to the community.
β¨ Details at LINK
Users please kindly register to be supported by the project to send MEY, BNB, USDT testnet for wallets registered to experience at LINK REGISTER EXPERIENCE π
βοΈRegistration time: June 23, 2022 - June 26, 2022
We are looking forward to receiving many comments about the product so that we can further improve the product before launching the mainnet.
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
Website | Twitter | Medium | Facebook | Youtube
RECAP: AMA with Ms. Tracy Le - CMO of Meychain
β¨In case you missed the recent AMA at Crypto Talkz, we have you covered.
Here's a full summary of Meychain AMA at Crypto Talkz Community with Ms. Tracy Le - CMO of Meychain. We dived deep into some insightful details on the news and updates with regards to Meychain. πͺ
πRead the recap HERE!
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
Website | Twitter | Medium | Facebook | Youtube
β¨In case you missed the recent AMA at Crypto Talkz, we have you covered.
Here's a full summary of Meychain AMA at Crypto Talkz Community with Ms. Tracy Le - CMO of Meychain. We dived deep into some insightful details on the news and updates with regards to Meychain. πͺ
πRead the recap HERE!
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
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β¨Vietnamese Community: AMA with Ms. Tracy Le and Ms. Chloe Tranβ¨
Dear beloved community!
Today, we will have an AMA for Vietnamese Community with Ms. Tracy Le - CMO Meychain and Ms. Chloe Tran - Head of Research Department. The recap of this AMA will be posted for Global Community. Get ready with us! πͺ
βοΈTime: 13:00 UTC on June 23th 2022
πVenue: https://t.me/meychainvn
Part 1: Introduction
Part 2: Pre-selected question from our media channels
Part 3: Live - questions
π«ππβπ ππππ ππβΌοΈ
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
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Dear beloved community!
Today, we will have an AMA for Vietnamese Community with Ms. Tracy Le - CMO Meychain and Ms. Chloe Tran - Head of Research Department. The recap of this AMA will be posted for Global Community. Get ready with us! πͺ
βοΈTime: 13:00 UTC on June 23th 2022
πVenue: https://t.me/meychainvn
Part 1: Introduction
Part 2: Pre-selected question from our media channels
Part 3: Live - questions
π«ππβπ ππππ ππβΌοΈ
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
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RECAP: AMA at Vietnamese Community
In case you missed the recent Meychain AMA at Vietnamese Community , we have you covered.
Hereβs a full summary of Meychain AMA at Vietnamese Community with Ms. Tracy Le β CMO of Meychain and Ms. Chloe Tran β Head of Research Department.
π https://meychainofficial.medium.com/meychain-ama-at-vietnamese-community-68ee4d67e02f
Read the AMA to know more about our updates, news, and announcements.
--------------------
π Follow Meychain's Telegram:
Global | Vietnam | Announcement
π Meychain's media channels:
Website | Twitter | Medium | Facebook | Youtube
In case you missed the recent Meychain AMA at Vietnamese Community , we have you covered.
Hereβs a full summary of Meychain AMA at Vietnamese Community with Ms. Tracy Le β CMO of Meychain and Ms. Chloe Tran β Head of Research Department.
π https://meychainofficial.medium.com/meychain-ama-at-vietnamese-community-68ee4d67e02f
Read the AMA to know more about our updates, news, and announcements.
--------------------
π Follow Meychain's Telegram:
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π Meychain's media channels:
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