We building a blockchain-based property record system to help homebuyers and financial institutions access verified properties starting from property virtualization (Sytemap.com)
Current Status
We have currently recorded 10,000+properties. Revenue of 40,000USD Signup 8 Real Estate Developers. (30 already ready to join) Signed exclusive partnership Nigeria Mortgage Refinance Company (NMRC). Secured access to NMRC’s 27 Banks. Secured partnership with Nigeria Institute of Estate Surveyors and Valuers (NIESV) with 16,000 members. Grown our social media to 6000+
Problem or Opportunity
After the loss of 18,000 Dollars to land fraud due to no modern property record system and 95% of lands in Nigeria alone does not have a good title. this also made the amount of capital trapped in residential real estate increase to $900B.
Solution (product or service)
We are building a blockchain-based property information system to help home buyers and financial companies access, view verified properties starting from Real Estate Project Virtualization. (Sytemap)
Business model
Currently, we charge Estate Developers 22USD per estate project 1% commission for every mortgage completed on the platform
Incubation/Acceleration programs accomplishment
Startupbootcamp ARMLabs Hill Justice Crypto Valley Venture Capital Labs (CVVC Labs)
