Firdaos removes the need for third parties such as real estate agents while turning properties into smart contracts stored on a decentralized ledger.
ZelaaPayAE is a blockchain solution provider in the United Arab Emirates and the entire Gulf Area. Today, ZelaaPayAE is expanding its position by entering the DeFi ecosystem with Firdaos: a platform that bridges the worlds of decentralized finance and real estate investing.
Firdaos is a DeFi platform aiming to empower anyone, anywhere in the world, to benefit from investing in the real estate sector of the United Arab Emirates. Firdaos disrupts the traditional real estate ecosystem through blockchain technology and DeFi, which allows converting real estate assets into flash liquidity pools crowdfunded by a decentralized community of cryptocurrency investors from around the world.
The core idea of DeFi is removing the human element from traditional investment mechanisms, and replacing it with advanced blockchain technology. Firdaos does exactly this by removing the need for third parties such as real estate agents, while turning properties into smart contracts stored on a decentralized ledger, assuring the privacy and security of the entire process. Firdaos adds a DeFi aspect to UAE, and enables all the token holders to become real estate investors. By holding and staking a certain amount of FDO, investors are able to participate in the decentralized, crowdfunded liquidity pools. Every backer who contributes towards successfully funding the asset pool receives an assured fixed percent of yield in a specified tenure linked to property.
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