WECOIN

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WECOIN's Weset platform revolutionizes real estate by enabling the tokenization and fractionalization of properties. Launched in 2021, Weset offers property owners the ability to upload real estate for tokenization, providing NFT holders the option to occupy or earn income from the properties. The introduction of $WECO in May 2023 leverages Web3 functionalities for payments, staking, rewards, and governance. Future plans include the launch of Blockchain as a Service to expand property and token configurations, thus enhancing market scalability and liquidity.

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FAQ

What is WECOIN and how does it democratize global real estate?

WECOIN, via the Weset platform, democratizes global real estate by tokenizing and fractionalizing real-world properties. Launched in 2021, this Web3 platform allows property owners to make their properties more accessible and liquid, offering opportunities for investors by using blockchain technology. The platform supports token holders who wish to occupy properties or earn income, thus broadening market access.

What sets Weset and WECOIN apart from other real estate tokenization platforms?

Weset differentiates itself by allowing NFT holders to occupy properties or derive income from them, whereas many platforms only offer investment options. It supports community-verified property uploads, fostering a secure environment for property owners, vacationers, and investors. Its emphasis on creating a global community and the scalability offered by future Blockchain as a Service makes it unique.

How does the $WECO token enhance the Weset ecosystem?

$WECO serves as a utility token within the Weset ecosystem, launched in May 2023. It enables payments for goods and services, provides staking opportunities for user engagement, rewards distribution for liquidity providers, and supports governance. This multifunctionality underscores its role in facilitating transactions and community participation on the platform.

What is the upcoming Blockchain as a Service (BaaS) feature on Weset?

The upcoming Blockchain as a Service (BaaS) feature is expected to launch in June 2023. This feature will allow Weset to introduce a wider variety of properties and token configurations to enhance scalability. BaaS will include a marketplace for primary and secondary NFT sales, boosting liquidity through transactions in multiple coins, including $WECO.

What are the benefits of investing in fractional real estate through Weset?

Investing in fractional real estate via Weset provides increased accessibility and liquidity compared to traditional real estate investments. Investors can own a fraction of a property and receive income or utilize the property without the full burden of ownership. This democratized investment model opens real estate markets to a wider audience.

How does Weset ensure the properties on the platform meet standards?

Weset implements community-driven standards for property uploads, ensuring that only properties meeting these criteria are tokenized and fractionalized. This community vetting process secures the quality and reliability of properties within the platform, making it a trusted environment for real estate investors and users globally.

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