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