Recently, Coolpad Group made a big move! They have specifically established a "Real Estate on Chain" department, preparing to turn their buildings into digital assets. In simple terms:

- Transforming real estate worth HKD 3.15 billion (mainly two buildings in Shenzhen and Dongguan)

- Into digital tokens on the blockchain

- Allowing more people to invest in these properties

How will they do it specifically?

1️⃣ First, test the waters with the Coolpad Building in Nanshan, Shenzhen

2️⃣ Then, work on the Science and Technology Park in Songshan Lake, Dongguan

3️⃣ If the pilot is successful, they will help other companies to do the same

What does this operation mean?

✔️ In the future, purchasing real estate may not require full payment; buying tokens will suffice

✔️ Real estate transactions will become more convenient and faster

✔️ The threshold for ordinary people to invest in quality properties may be lowered

However, it should be noted:

- It's still in the research phase, so don't rush to spend money

- How it works and whether it's safe still needs observation

- Policy regulation is also a key factor

Why is Coolpad doing this?

The hottest topic in the blockchain circle right now is RWA (Real World Assets on Chain), turning real-world assets like houses and gold into tokens. If they can really make it happen, it will definitely be a big business!

Do you think this "real estate token" is reliable? Will you consider investing in such digital properties in the future?