Coded Estate Successfully Closes Oversubscribed Angel Funding Round, Fueling Launch of Real Estate Hub on Nibiru Chain

Coded Estate has achieved a significant milestone by closing an oversubscribed angel funding round, attracting investments from notable players such as Mozaik Capital, Hyperion Ventures, Black Dragon, Dutch Crypto Investors, and others. Coded Estate has officially unveiled its “Pre-Season Mainnet Campaign,” a strategic initiative designed to inject early liquidity into the platform and pave the way for its mainnet launch, leveraging the capabilities of Sai Perpetuals and the Nibiru Chain.

“We’re thrilled to close our angel round and to have such esteemed investors on board,” said Co-founder, Didrik Angell. “Our mission is to redefine real estate transactions through the blockchain, making ownership more accessible and fun! Partnering with Nibiru enhances our capabilities, and the pre-season campaign is just the beginning as we prepare to launch a platform that will change how people invest in real estate forever.”

Harnessing Blockchain to Revolutionize Real Estate

Coded Estate aims to revolutionize the $280 trillion global real estate market by leveraging the power of blockchain technology. Established by a group of blockchain specialists with a proven track record in developing applications on Solana, Thorchain, and Sei Network, Coded Estate is set to create a Web3 hub.

The platform is set to revolutionize property transactions by facilitating on-chain sales and rentals. It will introduce fractional ownership and boost market transparency with the innovative use of dynamic NFTs (dNFTs), hybrid smart contracts, and zero-knowledge proofs (ZKPs).

“By integrating these technologies, Coded Estate will allow users to invest in fractional ownership of properties, making real estate markets more accessible and efficient. The platform is designed to overcome traditional barriers to property investment and speculation, with a focus on transparency and ease of use,” said Co-founder Didrik Angell.

Strategic Synergy with Nibiru

Coded Estate is making a strategic leap to Nibiru, a cutting-edge blockchain and smart contract ecosystem featuring a high-performance, EVM-equivalent execution layer known as Nibiru EVM. The Nibiru blockchain caters to the increasing need for adaptable, scalable, and user-friendly Web3 applications.

Nibiru EVM, launched for alpha testing in June 2024, is set to broaden market access and enable smooth integration within the wider cryptocurrency landscape. This feature will unlock access to Coded Estate and other Wasm-based applications on Nibiru for the expansive Ethereum user community.

Kickstarting the Pre-Season Mainnet Campaign to Unleash Early Liquidity

Coded Estate is excited to unveil its Pre-Season Mainnet Campaign, crafted to incentivize early adopters of the platform with unique rewards. This campaign represents the pinnacle of Coded Estate’s evolution from an idea to a fully realized project, inviting users to contribute to the initial liquidity pool and unlock exclusive perks, including early adopter rewards. The campaign seamlessly incorporates Sai, a decentralized perpetual trading platform set to launch on Nibiru, providing users with exciting opportunities in the RWA (real world asset) perpetual market.