RealtyX
An RWA launchpad democratizes real estate investment by tokenizing high-yield properties. Our RWA tokens go beyond simple stake in the assets, unlocking additional value through our unique utilities.
About
The problem it solves While RWA tokenization is a hot track in Web3, a common challenge these platforms face is a lack of user acquisition. Beyond governance rights and rental income, we aim to unlock additional value through our platform's unique utilities and enrich the ownership experience. This helps to increase user acquisition and enhance the value proposition for our RWA holders. This summer, we have collaborated with DeBox(all-in-one Web3 social platform), combining $RST with DeBox’s upcoming on-chain asset vDBX creates a high-yield asset portfolio for more users to benefit from both ecosystems. Currently, a fixed amount of vDBX is produced daily within the DeBox ecosystem and distributed to miners. However, as the project gains popularity, the cost to mine vDBX is increasing dramatically. To cover costs and achieve significant returns, users need to invest up to $10,000 worth of digital assets. Our new $RST mining model is designed to lower the participation barrier and allow users to earn vDBX at a minimal cost by simply holding a RealtyX Launch Pass and 1 RST($50). However, vDBX is produced through mining but remains vested in RealtyX's treasury wallet. To facilitate easy on-chain management and tracking of these assets, we have deployed a smart contract for an asset equivalent to vDBX, named rxvDBX. This asset will be automatically airdropped daily to eligible users. When vDBX is unlocked by DeBox, rxvDBX holders can exchange it 1:1 through RealtyX's platform. Additionally, we have developed a fairer reward mechanism—the Active Points Leaderboard. Users can easily track their ranking and the amount of vDBX they earn daily. Apart from the above mining feature, we have been developing one of our core functionalities, Utility Vault, where our RWA holders gain access to diversified products and exclusive services from our growing network of partners simply by staking their $RST, unlocking the valuable features with mining, lending, gaming, memecoin, stay and more.
How it's made
Challenges we ran into Reward Distribution Fairness: The design of the mining rewards distribution requires careful consideration to ensure fairness. To ensure fairness and maximize user engagement in our mining mechanism, we employed a multiplier system that caters to different tokenholder groups: whales, average buying power users, and giveaway holders. This approach ensures that all eligible users receive a fair share of rewards while maintaining differentiation to incentivize users to hold more $RST for greater earnings.