MYbricks
With the MyBricks platform, you can use your BRICKS tokens to purchase fractional ownership of property portfolios. Properties will generate monthly rental yield that is distributed to all owners of that particular portfolio.
Tech Alchemy was chosen to build their Blockchain platform supporting the latest Web3 standards for their BNB based token.
Technologies:
BNB Smart Chain
Deliverables:
Design, MVP Launch
Date:
2021
20,000
Monthly active users
120%
Token price pump on MVP launch
8,000
Happy holidays through MyBricks properties
Key Facts
20,000
Monthly active users
120%
Token price pump on MVP launch
8,000
Happy holidays through MyBricks properties
Problem
Statement
This platform aims to address challenges associated with the traditional property ownership market - the main aim is to enhance accessibility in the property investment industry. The aim is to simplify the process for users to embrace fractional ownership, enabling them to buy property portfolios and ensuring fair distribution of monthly yields.
Solution
To overcome this, we conducted a comprehensive discovery to investigate key flows and understand the blockchain infrastructure for the future MyBricks platform. This allowed us to design and develop the platform in which users can use BRICKS tokens to purchase fractional ownership of property portfolios.
Features
Purchasing BRICKS using fiat
Users can purchase BRICKS using fiat currency through Moonpay as an onramp. The process involves purchasing BNB with fiat, which is then transferred to their custodial wallet. The PancakeSwap smart contract is then used to exchange the purchased BNB for BRICKS.
Portfolio Listing
After onboarding, users gain access to portfolios that are available for investment. The management of these portfolios is facilitated through the admin panel, allowing MyBricks to seamlessly add new portfolios and distribute the BRICKS among NFT holders. Users are able to track their investments from these portfolios in their personalised wallet.
APP Features
Purchasing BRICKS using fiat
Users can purchase BRICKS using fiat currency through Moonpay as an onramp. The process involves purchasing BNB with fiat, which is then transferred to their custodial wallet. The PancakeSwap smart contract is then used to exchange the purchased BNB for BRICKS.
Portfolio Listing
After onboarding, users gain access to portfolios that are available for investment. The management of these portfolios is facilitated through the admin panel, allowing MyBricks to seamlessly add new portfolios and distribute the BRICKS among NFT holders. Users are able to track their investments from these portfolios in their personalised wallet.
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“Tech Alchemy were very efficient in understanding and delivering complex requirements. This, along with their invaluable insights, helped us achieve our goals.”
— Sam, MyBricks