Real Estate and Web3 / Dec 07, 2023

Magma - Bringing ๐—ง๐—ฎ๐—ป๐—ด๐—ถ๐—ฏ๐—น๐—ฒ ๐—ฉ๐—ฎ๐—น๐˜‚๐—ฒ ๐˜๐—ผ ๐—ก๐—™๐—ง๐˜€ ๐—ถ๐—ป ๐—ฅ๐—ฒ๐—ฎ๐—น ๐—˜๐˜€๐˜๐—ฎ๐˜๐—ฒ

In today’s world, NFTs often conjure up images, artworks, and collectibles. Many believe that the initial hype surrounding NFTs has waned, and their value is in question.

But at Magma, we’re here to demonstrate that ๐—ก๐—™๐—ง๐˜€ ๐—ฐ๐—ฎ๐—ป ๐—ฏ๐—ฒ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฎ๐—ป ๐—ท๐˜‚๐˜€๐˜ ๐—ฑ๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น ๐—ฎ๐—ฟ๐˜; they can have a real, concrete impact.

 

The ๐——๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น ๐—ง๐˜„๐—ถ๐—ป ๐—ง๐—ผ๐—ธ๐—ฒ๐—ป (๐——๐—ง๐—งยฎ๏ธ): Our NFT is unlike any other. It’s not about art; it’s about real estate and it can be updated, it is dynamic. An NFT can store more than a picture.

Our DTTยฎ๏ธ is a unique digital asset representing an actual building. It’s the blueprint, and can store smaller NFTs representing systems, objects, and contracts, all in one digital token. The ๐˜ƒ๐—ฎ๐—น๐˜‚๐—ฒ doesnโ€™t come from the scarcity of the object but rather ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฎ๐˜๐—ฎ it aggregates and what you can do with it. And that is a game changer: buildings can become data banks.

 

VeChain Blockchain: We use blockchain to ensure that your building’s data is verified and unalterable. But not any blockchain. We chose VeChain as it is the leader in sustainable and environmentally responsible blockchain solutions. VeChain is based on Proof of Authority consensus and so requires significantly low gas fees

3D Digital Twin: It’s not a painting, but a 3D digital twin of your property. You can explore it, interact with it, and use it to efficiently manage your real estate assets.

The Magma Index: Our Magma Index evaluates your property’s digitization, providing actionable insights on the state of the building for better management, finances, and environmental performance.

Sustainable Vision: Magma isn’t just about NFTs; it’s about making real estate more efficient and sustainable. We embrace digital technology, data analytics, and Web3 to cut operational costs and reduce environmental impact.

Rewarding Participation: We believe in the power of collaboration through incentives. Stakeholders who contribute to maintaining the DTTยฎ๏ธ are rewarded with Utility Tokens (MUT).

 

Magma – Redefining NFTs: We’re not here to ride the hype; we’re here to prove that NFTs can be practical and valuable in the real world.