- Summary:
- DPAT will work with key players in the African real estate industry, including developers and agents, with the process integrated into Web3.
Direct Property Africa Token (DPAT), a crowdsourcing platform built on Web3 to link investors to real estate opportunities in Africa, has launched a new road map and website. DPAT has an ambitious plan to alter the ways in which investors fund projects and the general public gains access to African assets.
What the DPAT roadmap entails
In order to build systems, processes, and legal precedent, the project’s road map will first concentrate on 15 cities across 12 countries. DPAT, which is supported by Ethereum, is focused on becoming the bridge to developing economies.
By giving users a vote in what gets created, by whom, and for whom in industries where they believe success is only lacking the appropriate type of funding, the Web3 investment platform is poised to attract investors, crypto supporters, and entrepreneurs. The project team will reinvest funds raised to facilitate the creation of bespoke solutions, such as an improved marketplace checkout and easier ways for developers to join the project.
Project Lead for DPAT, Mustafa A said: “The feedback from our community matters to us, and we have taken that into account. We continue to build applications with the end user in mind and revamping our website and processes to provide an enhanced user experience is a sign of things to come.”
The marketplace will facilitate developers easily listing their projects and engaging with their community. In addition, the newly designed website makes it easier to navigate and access project information. This will be accomplished through the use of incentive and equity-based NFTs in order to rapidly obtain money at rates that are competitive with those offered by banks and other conventional lenders.
As a further demonstration of its commitment to the African real estate market, DPAT will collaborate closely with agents and developers in project cities to improve information, ease of use, and safety by utilising Web3 technology to digitise and update existing business models.
DPAT is now in the pre-sale phase of the project and plans to launch the NFT crowdsourcing marketplace and expand its core team when the project concludes in August. It will debut on Uniswap before moving on to more established exchanges.