Amsterdam based BrickEX will be the first Global Real Estate Exchange that is using its own cryptocurrency, the Brick Token, in its blockchain based ecosystem.

Real estate is probably tied to 2nd place next to metals and forex as a source of interest between crypto traders.It was time for someone to step forward and mix the two. Previously we had projects like Bee, which functioned as a decentralized home sharing network, but this is something different now.

The project plans to tackle one of the main problems of the real estate world: flats/houses are pricey and there is a lack in partial investment opportunity on the market, thus it might lack liquidity as well. BrickEX solves this with a decentralized real estate marketplace that aims to offer ‘transparency, accessibility and liquidity’ according to their blog post.

The platform offers investment opportunities for its users, but also offers a quick way of selling real estate for the owners. The exchange will offer ‘blockchain-based digital certifications for full or fractional property ownership’ and also the opportunity for 3rd party real estate owners to advertise and sell their portfolios.

We found the project quite interesting, but keep in mind that the project offers an ICO sale and as with every crowdfunding DYOR (Do Your Own Research) and stay safe.

BrickEX website: brickex.io

(Image taken from the BrickEX Medium blog)