Build21, a Romanian real estate company leveraging blockchain technology, has launched its first funding round on the MultiversX blockchain as of September 24. In this round, investors are invited to purchase NFTs from the company’s “Build21 Helmets” collection.
The company aims to reshape the real estate landscape in Romania with 21 landmark projects, starting with residential and mixed-use developments in urban areas. These projects are built to sell and are designed to establish new standards in the real estate market.
According to a company announcement, Build21’s approach involves three key stakeholder groups: investors, experts in architecture, engineering, and construction, and future residents. The use of blockchain technology is intended to facilitate engagement among these groups, allowing them to participate in decision-making processes, submit suggestions, and contribute to the project lifecycle.
The NFTs offered during the funding round grant investors exclusive access to the company’s community and its broader ecosystem. Benefits include priority access to future investments in all 21 projects, voting rights on key decisions, and invitations to exclusive events.
Build21 plans to release a whitepaper soon, detailing the specifics of the “Build21 Helmets” NFT collection and its associated benefits.
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By Proptechbuzz
By Ravi Kumar
