Coded Estate’s Oversubscribed Angel Round Fuels Launch of Real Estate Hub on Nibiru Chain

Paris, France, October 9th, 2024

Coded Estate has successfully completed an oversubscribed angel funding round, attracting investments from notable firms including Mozaik Capital, Hyperion Ventures, Black Dragon, Dutch Crypto Investors, and others. Alongside this achievement, Coded Estate has announced the launch of its "Pre-Season Mainnet Campaign," an initiative designed to build early liquidity for the platform while preparing for the mainnet release on Sai Perpetuals, which operates on the Nibiru Chain.

“We’re excited to have closed our angel round and to welcome such esteemed investors,” stated Co-founder Didrik Angell. “Our aim is to revolutionize real estate transactions through blockchain technology, making ownership more accessible and engaging. Partnering with Nibiru enhances our capabilities, and the pre-season campaign marks just the beginning as we gear up to launch a platform that will transform real estate investment.”

Innovating Real Estate with Blockchain Technology

Coded Estate is on a mission to reshape the $280 trillion global real estate market by harnessing blockchain technology. Established by a team of blockchain specialists with experience in building applications on various platforms, Coded Estate aspires to create a Web3 hub specifically for real estate.

The platform will facilitate on-chain property sales and rentals while enabling fractional ownership and enhancing market transparency through dynamic NFTs (dNFTs), hybrid smart contracts, and zero-knowledge proofs (ZKPs).

“By incorporating these advanced technologies, Coded Estate will empower users to invest in fractional ownership of properties, thereby increasing accessibility and efficiency within real estate markets. The platform is designed to eliminate traditional barriers to property investment, focusing on transparency and user-friendliness,” Angell added.

Strategic Integration with Nibiru

Coded Estate’s strategic decision to integrate with Nibiru—a blockchain and smart contract ecosystem featuring a high-performance, EVM-equivalent execution layer—aims to address the rising demand for adaptable, scalable, and user-friendly Web3 applications.

The Nibiru EVM, which began alpha testing in June 2024, will enhance market reach and ensure seamless interaction with the broader cryptocurrency ecosystem. This upgrade will also connect Coded Estate and other Wasm-based applications on Nibiru to a large user base.

Introducing the Pre-Season Mainnet Campaign

Coded Estate is launching its Pre-Season Mainnet Campaign, aimed at rewarding early adopters with exclusive benefits. This campaign represents a significant milestone in Coded Estate’s evolution and invites users to contribute to the initial liquidity pool, offering them unique incentives for participation. Additionally, the campaign integrates with Sai, a decentralized perpetual trading platform on Nibiru, which will provide opportunities for trading real-world assets (RWA) in a perpetual market.

About Coded Estate

Coded Estate serves as the leading real estate hub of Web 3.0, bringing both homes and rentals on-chain while making fractional ownership and market speculation more accessible, efficient, and transparent through dNFTs, hybrid smart contracts, and zero-knowledge proofs.

About Sai

Sai is a newly developed perpetual trading application built on Nibiru. Its integration with Coded Estate enhances trading and liquidity management solutions, thereby strengthening the overall ecosystem.

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