Advantage
Easy to purchase and sell
As a dedicated marketplace for trading RANs seamlessly. This assists Non-Fungible tokens in achieving higher prices with values increasing over time.
Immutability
NFT’s are resistant to manipulation as they are secured by robust blockchain networks. Counterfeiting is impossible as all the owners will be immediately alerted by the decentralized public ledger.
Transparency
Transparency is maintained to show the user a clear view of each transaction made in the marketplace. The blockchain network ensures a bug-free payment process to have smooth transactions.
Ownership protection
A real estate NFT is secured against either the property or the ownership entity of the
property, NFT buyers’ interest are secured against the Title Deed which is recorded with the Government’s Deed Office.
Security
Security is a prominent feature in the NFT platform regarding the transaction of tokens
between traders in the marketplace. The in-built security protects from transaction loss and other unwanted activities since it is secured with private keys.
Smart Contracts
Smart contracts are initialized by signing the agreement digitally to prevent fraud
activities and eliminate the intermediaries for no commission fee. The smart contracts are written in lines of code to automate the process.
Decentralization
An NFT platform enables all data to be copied and distributed to various blockchain
networks. Each time a new block is introduced, the NFT platform’s network updates its blockchain to make changes.
Payments and charges
Current NFT marketplaces initiate instant payments as cryptocurrency. There will be no need for personal information or card details to access this platform for trading.
Improved crowd funding
Crowdfunding has become an alternative to venture capital and has helped finance some real estate projects. By introducing Blockchain and RAN Tokens, the format is more transparent and cheaper.
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