Proptix revolutionizes off-plan property transactions through tokenization, offering a faster, more secure, and efficient platform for development funding, investments, and sales.
Current Status
Proptix is in the final stages of development with our initial test customers onboarding currently.
Market
Property and Real-estate services Blockchain Fintech
Problem or Opportunity
Off-plan property sales is currently a completely untapped market with a TAM of over $80 Bil in Australia and UK alone. Off-plan sales have barely made it to the 21st century as far as tech adoption goes despite making up over 20% of all residential property sales annually.
These sales still operate in an old-fashioned email/telephone system costing time, money, and endless hours of manual sales and processing.
We solve this through our innovative listing platform capable of servicing instant deposits, automated escrow systems, and niche listing services tailored to agents and developers selling pre-built property packages.
Solution (product or service)
We solve this through our innovative listing platform capable of servicing instant deposits, automated escrow systems, and niche listing services tailored to agents and developers selling pre-built property packages.
Competitors
The main competitors are existing listing platforms however they do not cater well to off-plan properties and most don't include them in search functions.
Advantages or differentiators
We are the only platform capable of facilitating instant land deposits, tradable property contracts, and automated escrow services.
Business model
We are a Saas platform that takes commission on deposit transactions within the platform based on the variable agency commission rates per development.
We also charge a $99 listing fee per off-plan property listed as an additional revenue stream within the platform.
Our escrow services are also set up to earn profit on escrowed funds through 2nd and 3rd level yield generation.
Money will be spent on
20%
Initial Marketing
Launch our initial marketing initiatives to bring in Developers, Agents, and Buyers
40%
Project Scaling
The MVP is just the start of our Feature list. We will be scaling our Dev team and product offering.
30%
Proptix HQ
Establishing an Office and hiring a quality sales team, Devs
10%
Cash on Hand
Cash on hand for operational expenses and future opportunities.
