An interesting project I saw yesterday @Parcl is a real estate trading market built on Solana
It boasts that you can easily enter the global real estate trading market, and you can do transactions with just one dollar. Currently, you can do transactions in New York, Houston, London, etc.
The concept is to make the real estate prices in each city into an index, and then update the price data and convert it into an index every day, so that you can make bullish or short operations based on your knowledge of real estate.
@Parcl has its own quotation update system that updates real-time real estate prices every day. It is based on a huge database with millions of data points from around the world. Directly using the real estate information published by the government will lag behind the actual price by more than 2 weeks, but it looks like The white paper does not explain in detail how to update the data every day, and the source of the data is reliable. You may have to ask in discord to get a further answer.
The basic principle of trading real estate index is that there must be counterparties. If someone buys, someone will sell. So you can also be an LP liquidity provider on this platform.
Like platforms such as GMX or GNS, the banker (LP side) usually wins, so it is also a good investment channel.
At present, the project team has not issued coins, but it is carrying out points activities. It should be directly converted into coins and airdropped to you in the future. You will get points for transactions, and you will also get points for being an LP.
If you are interested, you can use my recommended code: joshtw to get 5% points boots.
You will see this project because the NFT they sell has a pretty good trading volume on Solana, and you can multiply your NFT points by three times.
In addition, the Hong Kong real estate trading pair will be launched soon. If I open the Taiwan real estate trading pair next time, I will be more familiar with it, so that I can know whether their index is accurate.
Finally, I found out that Coinbade has invested in this project.
app.parcl.co