Propchain

price
change

Discover Propchain's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Propchain?

Propchain (PROPC) is a cryptocurrency launched in 2023, operating on the Ethereum platform. It aims to revolutionize the real estate sector by harnessing blockchain technology to enhance market dynamics, ensure transparency, and promote sustainability. The Propchain ecosystem brings together various stakeholders, including real estate owners, investors, lenders, and service providers, to create a collaborative and digitally empowered environment.

How is Propchain used?

Propchain (PROPC) is a cryptocurrency used within the Propchain ecosystem, a digital real estate investment platform. This platform allows users to invest in fractionalized real estate assets and strategies, which are managed by Propchain and its professional partners. The goal is to achieve an average return between 8-12% in yearly ROI. The platform is fully regulatory compliant and undergoes investment-related audits by Ernst & Young Luxembourg.

The Propchain ecosystem brings together real estate owners, investors, lenders, service providers, and governments to create a collaborative atmosphere. It utilizes blockchain technology to ensure transparency and sustainability in the real estate sector. Users can build a real estate portfolio through the platform's mobile application, with no minimum payment requirement, and receive passive income afterwards.

In summary, Propchain (PROPC) is used as the native utility token within the Propchain ecosystem, facilitating investments in tokenized real estate assets and strategies.

How do I store Propchain?

To store Propchain (PROPC) tokens, it is recommended to use a cold wallet for maximum security. There are two types of cold wallets: paper wallets and hardware cold wallets. Paper wallets involve generating public and private keys offline and storing them securely, while hardware cold wallets are physical devices that store your cryptocurrency keys. Most users prefer hardware cold wallets, especially for large amounts of coins or tokens.

How to buy Propchain?

To buy Propchain (PROPC) tokens, follow these steps:

  1. Choose an Exchange:

    • Coinmerce: You can buy Propchain using a credit card or SEPA on Coinmerce. Log in, click on 'Coins', search for Propchain, and enter the amount you want to spend. You can also execute a "Stop limit order" or a repeating order.
    • Binance: Although Propchain is not listed on Binance, you can follow a step-by-step guide to buy it through a decentralized exchange (DEX) like 1inch. You need to download a Trust Wallet, set it up, buy Ethereum, and then swap it for Propchain.
    • MEXC: On MEXC, you can buy Propchain directly with a credit card, bank deposit, or peer-to-peer trading. Create an account, pass KYC, and then click on the "Buy Crypto" link to select your payment method.
    • BitScreener: Create an account on an exchange like Coinbase or Binance, choose your funding method (credit card, bank deposit, or P2P trading), and then buy Propchain.
  2. Set Up Your Wallet:

    • Trust Wallet: Download and set up a Trust Wallet to store your Ethereum and Propchain tokens. Make sure to keep your seed phrase safe and note your wallet address.
    • Metamask Wallet: You can also use Metamask Wallet, which supports millions of assets and blockchains, to store and trade your Propchain tokens.
  3. Transfer and Store:

  • Transfer: Once you've purchased Propchain, you can hold it in your exchange account or transfer it to your personal cryptocurrency wallet for additional security.
  • Cold Wallets: For long-term storage, consider using a cold wallet like a paper wallet or a hardware cold wallet to keep your assets offline and secure.

Remember to carefully research the exchange, read user reviews, and understand the associated risks before investing in Propchain tokens.

Discover
Propchain
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of Propchain

The history of Propchain (PROPC) is marked by its emergence as a tokenized real estate investment platform. Propchain, a Luxembourg-based organization, specializes in tokenizing real estate assets, with subsidiaries in Lithuania and Dubai facilitating its operations. The platform allows users to invest in fractionalized real estate strategies and assets, managed by Propchain and its professional partners, aiming for an average return of 8-12% in yearly ROI.

Propchain has achieved significant milestones, including selling over 1 million EUR in tokenized assets, with over 250 active users and a waitlist of nearly 7,000 users. The company has successfully raised over $4 million through token sales and is preparing for its scale-up phase and first equity round following a successful IDO of its native utility token.

The platform is fully regulatory compliant, undergoing investment-related audits by Ernst & Young Luxembourg, and its regulatory framework is established and upheld by CMS Luxembourg. Propchain is also exploring foreign licensing and works with regulated custodian and fiat-related services such as Fiatrepublic.

In terms of its market performance, Propchain's market capitalization has fluctuated, currently standing at $33.21 million. The token's price has also experienced changes, with a current price of $1.79. The circulating supply of Propchain is 18.53 million coins, out of a maximum supply of 84.92 million PROPC.

Historical price data for Propchain is available, allowing investors to analyze its performance over time and make informed investment decisions.

Discover
Propchain
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How Propchain works

Propchain (PROPC) is a cryptocurrency designed to revolutionize the real estate sector by leveraging blockchain technology. Here's how it works:

Tokenized Real Estate

Propchain tokenizes real estate properties, allowing them to be divided into ownership shares. These shares can be exchanged on the Propchain platform, making it easier for investors to buy and sell fractions of properties. This tokenization process increases liquidity and accessibility in the real estate market.

Smart Contracts

Propchain utilizes smart contracts to ensure transparency and efficiency in transactions. Smart contracts automate the process, eliminating intermediaries and ensuring that property owners receive their fair share. This technology also helps to reduce costs and increase the speed of transactions.

Decentralized Marketplace

The Propchain platform operates as a decentralized marketplace where users can buy, sell, and trade tokenized real estate shares. This marketplace connects property owners, investors, lenders, service providers, and governments, fostering a collaborative environment.

Security and Storage

To ensure the security of Propchain tokens, users can store them in cold wallets, which are offline and less susceptible to hacking. There are two types of cold wallets: paper wallets and hardware wallets. Paper wallets involve generating public and private keys offline and storing them securely, while hardware wallets are physical devices that store crypto addresses and keys.

Buying and Trading

Propchain can be purchased through various methods, including fiat-to-crypto exchanges, crypto-to-crypto exchanges, and decentralized exchanges. Users can buy Propchain using popular cryptocurrencies like USDT and then exchange them for Propchain tokens. It is essential to choose a reliable and trustworthy exchange and to follow proper security protocols to protect investments.

Ecosystem and Partnerships

The Propchain ecosystem is built on a network of partnerships with prominent providers of essential services such as infrastructure, security, compliance, and data. This coalition of partners helps to ensure the efficiency and innovation of the Propchain platform.

Overall, Propchain aims to transform the real estate sector by increasing transparency, efficiency, and accessibility through the use of blockchain technology and tokenized real estate shares.

Discover
Propchain
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Propchain's strengths

The token Propchain (PROPC) has several strengths that set it apart from its competitors in the fractionalized real estate investing platform space.

One significant advantage is its globally diversified property portfolio, which allows investors to spread their risk across different international markets. This diversification ensures a lower risk factor and reduces dependence on singular market performance. Additionally, Propchain focuses on providing high-quality and luxury properties that inherently generate higher returns than smaller residential properties.

Another key strength is the absence of administration fees on both returns and investments made by users. This sets Propchain apart from its competitors, making it a more cost-effective option for investors. Furthermore, Propchain's support team is available 24/7 due to its global team, ensuring timely assistance for users.

Propchain's regulatory compliance for EU investors is a significant differentiator. This compliance is crucial for the success of Propchain, as the EU property market is one of the strongest and is expected to grow in the future. This compliance gives Propchain a competitive edge over its competitors, who have not achieved this level of regulatory compliance.

Overall, Propchain's unique service and product offerings, combined with its regulatory compliance and professional management, make it an attractive investment opportunity for those seeking stable and attractive returns in the real estate sector.

Propchain's risks

Propchain (PROPC) carries significant financial risks. According to InvestorsObserver, Propchain receives a high risk rating due to its price movement and trading volume. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours, considering changes in volume and market capitalization. This assessment indicates that Propchain can potentially be easily manipulated by limited trading activity, making it a high-risk investment.

Additionally, Propchain's price is subject to high market risk and price volatility. This means that the value of an investment in Propchain can fluctuate rapidly and unpredictably, potentially resulting in significant losses. It is essential for investors to thoroughly understand the associated risks and only invest in products they are familiar with.

Discover
Propchain
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did Propchain raise funds?

Discover
Propchain
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Propchain’s team

  • CEO and Co-founder: Robin Ubaghs, who brings expertise in real estate and investment banking.
  • CTO: Alexander Ingwersen, who has extensive experience in software engineering and blockchain.

Whalee AI

The fundamental analysis assistant for crypto value investors.

Latest news

Want an analysis of Propchain? Tell us on discord.

Help us improve!
Tell us what you think of this page and which features you would like to see next.
OPEN FORM