[Announcement] Blocksquare and DUA partner up to give over five million users access to tokenized real estate.
29 Sep 2022, 13:59
[Announcement] Blocksquare and DUA partner up to give over five million users access to tokenized real estate
We are excited to announce our new partnership with dua!
dua and Blocksquare are teaming up to provide their +5M users a simple and safe way to participate and access real-estate deals directly within the upcoming dua in-app wallet.
dua identified some of the most significant issues today around fragmented communities. Currently, 1.4 billion people cannot access financial services, and 1.1 billion people have no way of claiming ownership of their identities. Such substantial lack of accessibility limits their potential for economic growth. Therefore, there is an urgent need for a social and economic support system built with first principles to help create a thriving virtual economy where people identify, connect and transact without intermediaries and central authorities.
Since dua’s inception in 2020 and its initial vision of enabling migrants to stay in touch with people from the same cultural background, dua's apps serve over five million (+5M) users and have built a strong moat against all competitors in the initial local markets.
The partnership will enable dua.com users to access tokenized real estate deals directly from the convenience of the dua app via Blocksquare’s APIs. Through Oceanpoint.fi, dua users can open up an additional revenue stream. Real estate owners can gain exposure to crypto by locking in their tokenized properties, while liquidity providers can earn rewards in BST.
“Real estate is the biggest asset class in the world, but at the same time, it is out of reach for most people. If Web3 is about creating easier access to value for everyone with an internet connection, this partnership is about creating easier access to real estate investments for every dua user.” — Denis Petrovcic, Chief Executive Officer at Bocksquare
Read full partnership announcement here: