FractioneX - Marketplace Pool Campaign

Dear BST community,

on behalf of Blocksquare’s Governance board, I am thrilled to inform you that the marketplace pool application for FractioneX has been approved and it is now time for our community to decide, if the project team should receive support to obtain Platinum partner status for their Blocksquare powered marketplace by pledging sBST through their launchpad campaign!


Project details:


Project KPIs:

  • Grow community to 5000+ users
  • Enable 5 first time buyers (property owners)
  • List $2m worth of RE assets
  • Offer 8% average net yield

Note: KPIs evaluation shall take place 12 months after marketplace pool launch and pledge campaign is successfully finished.

Based on the KPIs the project team has committed to, the following marketplace pool configuration shall be set up:


Project marketplace pool
CP name: FractioneX
Project website: https://www.fractionex.io/
Project wallet: 0x5BEc9663E6f670f93d31eC6dBA998370620AFb20
Pool name: Marketplace Pool - FractioneX
Pool address: 0x4Fc7429D742e914ef686476df2b8E25470263c67
Pool token symbol: MPOOL-FRX

Campaign info
Initial maximum pledge: 1,000 sBST per wallet
Community lock: 182.5 days (always 50% of the CP collateral lock period)
Project collateral: 500 sBST
CP Collateral lock: 365 days
Campaign start: 2024-10-09 10:00:00 GMT
Campaign end: 2024-11-08 10:00:00 GMT
Campaign duration: 30 days


To learn more on how Marketplace pool campaigns work, please visit our docs.

2 Likes

It’s been great chatting with Edward on the latest Block-chat

1 Like

Great to see FractioneX’s Marketplace Pool Campaign approved! The KPIs look solid, especially the goal to onboard first-time property owners and list $2M in assets. The 8% average net yield is a nice bonus too. Definitely interested in supporting this one—looking forward to the campaign launch!

5 Likes

New marketplace based in the UK?!

Sign me in!!

Congrats to the team, pretty sure the initial pledge pool is going to fill up in no time

4 Likes

Interview with Edward Janes from FractioneX: Tokenizing Real Estate for a More Accessible Future

https://blog.blocksquare.io/article/interview-with-edward-janes-from-fractionex-tokenizing-real-estate-for-a-more-accessible-future/

3 Likes

Looking forward to having you onboard! Please let us know if you have any questions.

Thanks for your positive feedback. Excited to have you onboard.

1 Like

Fractionex is LIVE NOW on oceanpoint.fi marketplace pools!

:point_right: Oceanpoint

Here are the key details:

:white_check_mark: Marketplace: FractioneX
:white_check_mark: Campaign Start: NOW!
:white_check_mark: Duration: 30 days
:white_check_mark: Pool Token: MPOOL-FRX

FractioneX aims to democratize real estate investment in the UK. Their ambitious KPIs include:

:point_right: Growing community to 5000+ users
:point_right: Enabling 5 first-time property owners
:point_right: Listing $2M worth of real estate assets
:point_right: Offering 8% average net yield

We are calling our BST community to support this innovative project. Do you think a marketplace for first-time home owners is a good idea?

Visit the Oceanpoint.fi to participate and help shape the future of tokenized real estate!

Learn all about FractioneX in our latest blog :point_right: https://blog.blocksquare.io/article/real-world-application-of-tokenization-fraction-x-s-vision-for-first-time-buyers/

Real-World Application of Tokenization: FractioneX’s Vision for First-Time Buyers

https://blog.blocksquare.io/article/real-world-application-of-tokenization-fraction-x-s-vision-for-first-time-buyers/

Dear BST Community,

Hopefully many of you have seen the Block Chat that I did with Makram, however I’d like to introduce myself here. I’m Edward Janes, the CEO of Fractionex, and I’m thrilled to be launching our marketplace pool to you.

As a company, we’re on a mission to enable the next generation of property owners by making property ownership accessible, flexible, and exciting for everyone.

As we embark on our launchpad campaign, we’re counting on your support to help us push the boundaries of tokenized real estate and transform property investment into an effortless, efficient, and profitable experience.

In return for your support in the marketplace pool, we’ve set aside an allocation of tokens from our first listing that will be distributed to supporters prior to the listing launch.

I’m here to personally support any questions, feedback, or ideas you have, and I look forward to building a future where property ownership is as seamless as trading stocks.

Thank you for joining us on this exciting journey! Let’s make history together.

Best regards,
Edward Janes
CEO, Fractionex

2 Likes

Great gesture from FractioneX team to let early startup angels participate in their upcoming real estate. 1% of property value is a good amount between MPOOL stakers.

How to participate:

  1. Stake your BST in app.oceanpoint.fi governance main pool to receive sBST
  2. Stake your sBST in Governance marketplace pool to support your project of choice.

Everyone’s winning :dizzy:


Congratulations to the FractioneX team for a successful campaign! And Congratulations to everyone who made it in the pool! Thank you all for your support.

Hello. Do we receive a proportional share(BSPT) of the pool % ?

HI SasoF, yes exactly that. 1 token for every 100 sBST staked with us.

Thanks for your support and any other questions please let us know.

2 Likes