Paris, France, October 9th, 2024,
Chainwire
Coded Estate has
successfully closed an oversubscribed angel funding round with
investments from Mozaik Capital, Hyperion Ventures, Black Dragon,
Dutch Crypto Investors, and more. In addition, Coded Estate
formally announces the launch of its “Pre-Season Mainnet
Campaign”, an initiative aimed at bootstrapping the
platform with early liquidity and setting the stage for its mainnet
release on top of Sai Perpetuals, powered by Nibiru Chain.
“We’re thrilled to close our angel round and to have
such esteemed investors on board,” said Co-founder, Didrik Angell.
“Our mission is to redefine real estate transactions through the
blockchain, making ownership more accessible and fun! Partnering
with Nibiru enhances our capabilities, and the pre-season campaign
is just the beginning as we prepare to launch a platform that will
change how people invest in real estate forever.”
Leveraging Blockchain for Real Estate
Innovation
Coded Estate seeks to transform the $280 trillion global real
estate market through blockchain technology. Founded by a team of
blockchain experts with experience building applications on Solana,
Thorchain, and Sei Network, Coded Estate aims to create a Web3 hub
for real estate.
The platform will support on-chain property sales and rentals
while offering fractional ownership and enhancing market
transparency through the use of dynamic NFTs (dNFTs), hybrid smart
contracts, and zero-knowledge proofs (ZKPs).
“By integrating these technologies, Coded Estate will
allow users to invest in fractional ownership of properties, making
real estate markets more accessible and efficient. The platform is
designed to overcome traditional barriers to property investment
and speculation, with a focus on transparency and ease of use,”
said Co-founder Didrik Angell.
Strategic Integration with Nibiru
Coded Estate’s strategic move to Nibiru—a blockchain and a smart
contract ecosystem with a high-performance, EVM-equivalent
execution layer (Nibiru EVM). The Nibiru blockchain is engineered
to meet the growing demand for versatile, scalable, and easy-to-use
Web3 applications.
Nibiru EVM, which was released for alpha testing in June 2024,
will significantly expand market reach and facilitate seamless
integration with the broader cryptocurrency ecosystem. This
functionality will also open up Coded Estate and other Wasm-based
applications on Nibiru to the vast Ethereum user base.
Pre-Season Mainnet Campaign to Introduce Early
Liquidity
Coded Estate formally announces its Pre-Season Mainnet
Campaign, designed to reward platform adopters with
exclusive benefits. This campaign marks the culmination of Coded
Estate’s journey from concept to execution and invites users to
seed the initial liquidity pool and receive exclusive benefits,
such as early adopter incentives. The campaign also integrates with
Sai, a decentralized perpetual trading platform launching on
Nibiru, which will offer RWA (real world asset) perpetual market
opportunities for users.
About Coded Estate
Coded Estate is the
premier Real Estate hub of Web 3.0. The platform brings homes
on-chain, rentals on-chain whilst transforming fractional ownership
and housing market speculation into accessible, efficient and
transparent markets leveraging dNFTS, hybrid smart contracts and
zero-knowledge proofs (ZKp).
About Sai
Sai is a newly developed perpetual trading application built on
Nibiru. Through its integration with Coded Estate, Sai supports
enhanced trading and liquidity management solutions, strengthening
the overall ecosystem.
For Media Inquiries:
info@codedestate.com
Contact
Media
Coded
Estate
info@codedestate.com