AQARCHAIN TOKEN ECONOMICS
Tokenization is basically the process involving the adaptation of physical as well as non-physical assets into the blockchain. The trend has already been engraved in traditional industries like Real Estate.
So, why do we need real estate tokenization in the first place?
For example, if you own a house, and suddenly you need urgent money. What are you going to do? But you need only $10,000 while your apartment has a value of $100,000.
Is it possible for you to use your property for obtaining the money?
This is where the importance of asset tokenization comes into the picture!
Let’s discuss how tokenization will work here while helping in the conversion of ownership rights in an asset to a digital token.
Asset tokenization can help you convert your $100,000 worth of apartment into divisible security tokens. Each token would carry one(1) share of the apartment. If you purchase 10 tokens, you will get 10% of ownership in the asset.
About Aqar Chain Tokens
- Blockchain: Tezos
- Token Type: FA1.2 | FA2.2
Token Protocol
- Token Name: AQAR Token
- Token Symbol: AQR
- Token Supply: 100 million Tokens
- Token Price: $0.45
Who are primary token holders?
- Team members, partners, advisors
- Initial investors who participated in the private round and public round.
- Vendors and clients
Token Sale Stages
AQR Token Utility
- AQR token is staked on the Aqarchain platform to earn rewards
- AQR Token will be used to buy a property through USDT.
- An AQR/USDT pool will be available for the property purchase.
- The sellers of the property benefit by getting less volatile.
- AQR token is a fundraising instrument for early participants.
- AQR Token will be used as a reward.
AQR Token Staking
- AQR tokens that are staked on the platform can be withdrawn by paying a withdrawal of 1% amount.
- AQR tokens that are vested will not have any tax on withdrawing on maturity. And by paying the withdrawal fees, it can be withdrawn before maturity.
- AQR tokens can be staked on the platform for 1 month, 3-month, 6-month, 12 months, etc.
- AQR token withdrawal fees can be implied on all staking options.