GateLive AMA Recap-Propbase

Q1: Can you introduce yourself and Propbase?

I’m Kevin Goos, the CEO and Founder of Propbase. Propbase is a real estate tokenization platform built on the Aptos blockchain. It enables fractional property investments, allowing individuals to earn passive income from rental yield and asset appreciation.

Our native utility token, PROPS, facilitates property transactions, grants access to new listings, and rewards on the Propbase platform. We’re proud to be ranked among the Top 600 on Coin Market Cap. And, a quick heads-up, we have a listing scheduled with you folks tomorrow at 11:00 AM UTC on April 30th.

Q2: With the rise of the RWA narrative, how do Propbase and PROPS stand out in the market?

Propbase distinguishes itself by ranking among the Top #600 on Coin Market Cap and being the largest native utility token on the Aptos blockchain. We specialize in tokenizing real estate assets in Southeast Asia, particularly hotels and resorts managed by globally renowned brands like Hilton, Wyndham, Banyan Tree, Pullman, among others.

Q3: Could you give an overview of your products and the types of real estate assets you’re tokenizing?

Recently, we launched Propbase Yield, a single-sided staking platform allowing users to earn passive APY or Yield by staking PROPS tokens. We’re currently running a promotional staking pool offering 30% APY for two months. Excitingly, we’ve just introduced Propbase Nexus, our flagship real estate tokenization engine, on testnet, with mainnet deployment following shortly.

Q4: How has your experience been with Aptos and the Move programming language?

Move programming language on the Aptos network has been excellent for us. Aptos offers remarkable capabilities, and we’re proud to be the largest native utility token on its platform, as recognized by CMC and CoinGecko. Aptos has a rapidly growing eco with numerous new projects and a strong community of builders, promising even greater adoption in the future.