Blocksquare Token (BST) acts as a key element in the Blocksquare ecosystem, which uses blockchain to transform real estate. This utility token supports functions like staking and governance voting on proposals within Oceanpoint, the platform's decentralized finance (DeFi) protocol. BST aims to democratize real estate investment, allowing more people to access digital real estate assets.
The company relies on co-founders with over four decades of combined experience in technology, business, law, and sales. Their goal is to position Blocksquare as a leading system for blockchain-based real estate tokenization, seeking to empower hundreds of global platforms by linking investors to property opportunities.
Blocksquare offers three primary products: a real estate tokenization protocol, a white-label marketplace, and a DeFi bridge. These tools help businesses, from startups to large firms, tokenize properties, launch investment platforms, and handle online transactions for tokenized deals.
BST is central to this setup, letting users stake tokens through Oceanpoint. Stakers get Staked BST (sBST), which provides voting rights on Oceanpoint protocol decisions, ensuring community involvement in platform governance.
Technically, BST has a total supply of 100,000,000 tokens. The distribution is planned to support growth and sustainability, with shares allocated for investors, liquidity, marketing, Oceanpoint rewards, mentors, and the team.
Potential investors should perform thorough research to grasp the risks and opportunities linked to BST and the Blocksquare ecosystem, which is vital for making informed choices in the changing crypto landscape.