MoonKa provides land tokenization solution on KardiaChain
The rise of blockchain technology has pushed conventional businesses into an intense race to implement blockchain technology into their business model and assets to catch up with the age of digital transformation. One such company in the real estate industry,
MoonKa is now partnering with KardiaChain to explore new possibilities in real estate investment.
The Vietnamese and real estate market in Vietnam is thriving despite the effects of the COVID-19 pandemic. The buying power has increased approximately 21% since the end of 2020, and the year 2021 is foreseen to see a higher rise with support from the Vietnamese government. Furthermore, experts in the field predicted
that land purchasing would be one of the three leading real estate activities of 2021. The application of blockchain into this industry is a necessity. With blockchain’s nature of being secure, decentralized, and transparent, t
he tokenization of real estate business models can eliminate all common issues and obstacles in gaining customers’ trust. Furthermore, digitizing real estate assets is a rarity in Vietnam, which means capturing this market can leverage the player’s position on the market, break the geography barrier and bring Vietnam’s quality properties to a broader market to attract new local and overseas investors.
The MKA token built on KardiaChain will function as a membership token, allowing holders to become a member participating in crowdfunding land investment through the NFT concept. This process will unlock a massive amount of capital from individuals with small initial capital, create equal opportunities in investing for people of all disciplines due to the low barrier of entry to benefit all participants in the long term.
MoonKa’s website has opened for membership sign-ups for MKA utility token holders to earn multiple perks and trade for the upcoming properties opening sales. To honor such a special occasion, KAI will sponsor all transaction gas fees in 2021-2022 for the first 5,000 users.
This marks another crucial milestone of KardiaChain in the journey to making blockchain mass adoption in Vietnam, especially in a market with massive potential like vacant land real estate.
Sign up at: https://moonka.io/