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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
It's understandable that people are sceptical of the financial sector right now given the ongoing legal dispute involving Ripple (XRP), the impending legal action against mainstream crypto giants like Binance, and the failure of banks like Silicon Valley Bank (SVB). However, there seems to be a trend towards investing in utility-based tokens, particularly in uncorrelated emerging markets. Direct Property Africa Token (DPAT), which aims to combine African real estate investment with cryptocurrencies to create a powerful new asset class, has piqued the curiosity of investors, with the token being compared to other disruptors such as TRON (TRX) and Stacks (STX).
TRON (TRX), now worth $0.078 in the market, is indeed a decentralized blockchain-based operating system that aims to revolutionize the digital content industry by providing content creators with greater control and ownership rights over their work. Launched in 2017 by the Tron Foundation, TRON (TRX) initially started as an ERC-20 token on the Ethereum network but later transitioned to its own independent blockchain.
The platform's objective is to address the issues faced by content creators who often receive a small fraction of the revenue generated by their content. By utilizing blockchain technology and decentralization, TRON (TRX) seeks to eliminate intermediaries and enable direct transactions between creators and consumers, potentially allowing creators to earn a more significant share of the revenue.
TROM (TRX) is currently up by 2.87% the last seven days. However, despite its growth, TRON (TRX) has faced scepticism from some investors and observers. Concerns about its long-term viability primarily stem from the highly competitive nature of the industry, where numerous projects are vying for dominance. Additionally, criticisms have been raised regarding the platform's governance structure and transparency, as well as its ability to deliver on its ambitious promises.
Direct Property Africa Token (DPAT) is a project focused on utilizing non-fungible tokens (NFTs) to represent fractional ownership of real-world assets, specifically plots of land in cities like Cape Town, Lagos, and Accra. By tokenizing these assets and partnering with developers to add value with the goal of selling the finished project for profit, DPAT aims to provide global investors with the ability to buy, trade, and track ownership of fractional real estate NFTs representing houses, hotels, offices and more on their marketplace.
The benefits of employing tokenization and fractional ownership include increased transparency and ease of peer-to-peer transactions. Dividing individual plots of land into units represented by NFTs allows for more granular ownership and enables users to exchange these tokens easily. The dev team is actively working on creating an NFT standard and dividing land development into plots, each represented by a unique NFT.
Direct Property Africa Token (DPAT) is led by a team of blockchain professionals who are working to establish crypto hubs in 15 African cities. The project positions itself as a community-driven ecosystem that aims to benefit investors, companies, and DPAT itself in the future. The platform has already conducted an initial seed round and phase one presale, raising a combined total of over $800,000 to support its project development. Crypto and real estate experts have predicted a 500% return on investment (ROI) by the end of the year, sending investors flocking to the platform to purchase them.
Stacks (STX), currently worth $0.62, is indeed a unique cryptocurrency that operates on the Stacks network, which is designed to enable new cryptocurrency investors to earn Bitcoin (BTC) using smart contracts. The Stacks network allows STX token holders to lock their tokens, supporting the consensus of the network. In return, these investors can earn up to 10% in annual percentage yield (APY) paid in Bitcoin. This process is known as "Stacking".
Stacks has a distinctive approach by binding itself to Bitcoin through a proof-of-transfer mechanism for settlement. This integration with Bitcoin offers various solutions for the decentralized finance (DeFi) space, including options for app development, NFTs, and more.
As for the trading volume of STX, it's important to note that cryptocurrency markets are highly dynamic and can experience fluctuations in trading activity. The platform has seen a sharp rise in the past 24-hours, currently up by 17% in trading volume, with a trading value of over $135 million within the same period. These figures may vary over time, so it's essential to refer to real-time data from reliable sources for the most up-to-date information on trading volumes and market trends.
As the negative press surrounding the financial space continues, now is the time to look at undervalued projects like TRON, DPAT, and STX. They have seen a recent surge in investments like none other this year, and experts have predicted the numbers to continue inflating.
Direct Property Africa is a Web3 real estate and infrastructure ecosystem including a crowdfunding marketplace for local developers to raise funding for projects in major African cities like Cape Town, Lagos, and Accra with fractional ownership using asset-backed equity NFTs. DPAT is the utility token of the Direct Property Africa ecosystem offering rewards and privileges to holders.
Learn more about Direct Property Africa Token at https://dpatoken.io/
Contact the DPAT team – marketing@dpatoken.io
