SORS Capital - 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 SORS Capital 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:

  • Tokenize $25M in cashflowing real estate projects
  • Execute pilot property (see deck + [video])(Dropbox) footage)

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: SORS Capital
Project website: https://www.sors.capital/
Project wallet: 0xf0e66162a1fe9203817ae75206fab580fa5273c3
Pool name: Marketplace Pool - SORS Capital
Pool address: 0x4317db9f126b12dcebf4c473e786a8c36ed6720d
Pool token symbol: MPOOL-SRC

Campaign info
Initial maximum pledge: 3,000 sBST per wallet
Community lock: 179 days (always 50% of the CP collateral lock period)
Project collateral: 3,183 sBST
CP Collateral lock: 358 days
Campaign start: 17.11.2024 10:00:00 GMT
Campaign end: 17.12.2024 10:00:00 GMT
Campaign duration: 30 days


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

5 Likes

:clap: Congratulations to SORS Capital on launching their marketplace pool campaign! Exciting to see this project aiming to tokenize $25M in real estate. Looking forward to seeing the community’s support as they strive for Platinum partner status. Good luck to the team!

1 Like

Great to see more early adopters join the blocksquare protocol :fire:

It was great having Emmanuel Paul from SORS Capital as our special guest on the latest Block-chat

Only a few hours left until the Marketplace Pool opens for BST community funding. Get ready now. To help you to understand the project better, and if you didn’t have time to watch the latest Block-chat, read here:

https://blog.blocksquare.io/article/now-live-on-blocksquare-s-rwa-launchpad-sors-capital-s-revolution-in-social-housing-tokenization/

1 Like

Pool token symbol: MPOOL-SRC

How to participate:

  1. Buy $BST (Blocksquare token)
  2. Connect wallet with app.oceanpoint.fi
  3. Stake $BST in governance main pool, now you hold sBST
  4. Re-stake sBST in Governance marketplace pool - min 6 months staking.
  5. Receive passive income in BST rewards.

Let’s go!! :point_right: https://app.oceanpoint.fi/

1 Like

Congrats to SORS Capital and the entire $BST community! This is a huge step forward with the approval of the marketplace pool application. Excited to see how this project evolves and brings value with its ambitious goals. Let’s show our support and make this a success together! :muscle:

2 Likes

Is SORS capital only focused on Canada or are they looking to expand beyond?

Congratulations SORS Capital. What is minimum amount that can invested.

I believe the tokenization of social housing projects by SORS Capital is a groundbreaking innovation with the potential to revolutionize the real estate industry. I’m eager to see how this innovative approach will shape the future of affordable housing and community development. I’m also eager to see more housing projects like Panama in the near future.

Encountered any regulatory challenges so far?

This a massive development, eccited to see where this leads✅️

Good day guys!
I think The SORS Capital project stands out as a clear example of how blockchain technology can be used for meaningful social impact.

We can agree that Addressing Canada’s housing crisis is no small feat, but by leveraging tokenization, SORS Capital not only democratizes access to real estate investments but also provides innovative solutions to underserved demographics like seniors, immigrants, and people with disabilities. I really can’t wait to see what more this project have to offer in a few year time.

Hello CJ_Star,

Thank you for your question.

We have been engaged in Social Housing for over decade building homes in Central & America, Africa, Asia and North America. You can review our past projects at our subsidiary - www.coldroll.ca /projects.

The challenge over the years has been raising capital since the demand is so high, even though the returns are comparable to traditional projects.

With tokenization, we plan to streamline the funding of these global projects.

Emmanuel

Hello Tizzy:

Thank you for your question.

The min amount required will depend on the project and jurisdiction/country. Please look out the projects once we go online to get more details.

Regards,
Emmanuel

Hello thatKARAMguy:

Tokenization will have a massive impact on the funding available to Social Housing Project. The demand/need in so high and there is massive economic and social benefit to the larger economy.

You can review our past projects at our subsidiary - www.coldroll.ca /projects

We have built close to 3000+ homes under MIVET projects in Panama. I personally have been to Panama numerous times and enjoy working with the government. They were very proactive in their approach in addressing the Social Housing needs, that has been since emulated in other countries.

Emmanuel

SORS Capital Marketplace Pool reached 75% of its funding goal so far. Let’s get together and help this project for a good cause. Here some background:

Social housing in Canada is facing an unprecedented crisis. With the demand for affordable housing skyrocketing, traditional funding models are struggling to keep pace. However, a groundbreaking solution is emerging—tokenization of real estate assets. By leveraging blockchain technology, tokenization offers a decentralized, transparent, and efficient approach to funding social housing projects. This article explores how tokenization is transforming social housing in Canada, its benefits, and the role of platforms like SORS Capital in pioneering this innovative model.

Read blog:
https://blog.blocksquare.io/article/tokenization-of-social-housing-in-canada-a-revolutionary-approach-to-real-estate-investment/

1 Like

Hello Zyre:

Thank you for your question.

We work closely with different government organizations and regulators in each country. Generally they are very receptive to new and innovative approaches to funding, especially since we are addressing a critical need - More Affordable Homes.

In Canada, such investments have generally been available only to accredited investors and private equity. Tokenization will be path forward to democratize the access to contributing to an important social cause.

Emmanuel


Congratulations SORS Capital and BST community. The marketplace pool funding reached 100% support. Well done everyone! Looking forward to see tokenization of social housing in Canada soon!