EVM Real Estate Tokenization
A blockchain project implementing tokenized real estate ownership using ERC-1155 for fractionalized asset management.
Technologies Used
Skills Developed
Developed as a collaborative final project for my Encode Club Solidity Bootcamp, this system demonstrates how blockchain technology can revolutionize real estate ownership. I focused on implementing the ERC-1155 token standard to enable fractional ownership of property assets.
About this Project
This EVM-based real estate tokenization platform allows property owners to tokenize their assets and sell fractional ownership to multiple investors. Using the ERC-1155 token standard, the system supports both fungible and non-fungible aspects of real estate ownership, enabling innovative investment models like partial ownership, revenue sharing, and automated dividend distribution. The project was built using Scaffold ETH to accelerate development of the frontend interface.
Key Features
- Tokenization of real estate assets using ERC-1155
- Fractional ownership with transferable tokens
- Automated revenue distribution to token holders
- Governance mechanisms for property decisions
- Property verification and valuation system
- User-friendly interface built with Scaffold ETH
- Smart contract-based escrow for secure transactions
Challenges & Solutions
Challenge 1:Implementing compliant fractional ownership mechanisms
Solution:
Developed a custom implementation of ERC-1155 with additional logic for ownership rights, voting, and revenue distribution
Challenge 2:Creating a secure and transparent system for property valuation and token issuance
Solution:
Integrated an oracle-based valuation system with multi-signature requirements for property verification and token minting