The African continent has long been known for its untapped potential in the land, property and infrastructure space. Despite holding colossal promise, there are numerous challenges to developing these projects, from a lack of capital to regulatory barriers and more.
Enter Direct Property Africa Token (DPAT) and their NFT Marketplace, a game changer that promises to revolutionize development finance throughout Africa. By utilizing non-fungible tokens (NFTs), DPAT provides an easy way for investors to purchase tangible assets directly from the blockchain. It also offers developers the ability to raise capital quickly and securely, enabling them to fund projects more efficiently.
Land and DPAT
DPAT will help global investors invest, sell and manage fractional ownership of major land, property and infrastructure projects across African cities and make investing in Africa as simple as anywhere else on the planet. Managing fractional ownership of land in a trustless and transparent way is now possible through the DPAT NFT marketplace.
Creating an ecosystem to change one of the oldest and most profitable industries in the world will be no mean feat. Yet the team at DPAT believe it needs changing because the majority want a more inclusive world where everyone can participate and gain access to decide what gets built, by whom, for whom and where. Blockchain, Web3 and the Metaverse is how that journey starts.
How Does DPA Token’s NFT Marketplace Work?
DPA Token’s NFT Marketplace provides a secure, efficient, low-cost land and infrastructure investment platform. All transactions are conducted via assets stored on the blockchain.
This ensures complete transparency and security, allowing investors to easily monitor their investments in real-time without worry. The platform also provides an easy way for developers to raise capital quickly, with no middlemen or broker fees involved.
Developers and infrastructure builders list their projects on the marketplace and if the minimum required amount is raised then funds are released to start the project with stakeholders receiving regular updates through their dedicated dashboard. The NFT Marketplace can be used to fund various types of projects – from residential construction to infrastructure development and from social homes to hospitals and hotels.
This offers investors greater flexibility when it comes to choosing projects and helps developers access alternative capital to get projects off the ground. NFT holders can sell their holdings at any time during the build period or wait for the project to be fully completed and sold for a profit.
How is The NFT Marketplace Changing African Real Estate and Infrastructure Development?
The NFT Marketplace built by DPA Token is emerging as the go-to source for African real estate and infrastructure developers searching for alternative funding. It provides access to a new source of capital for developers, reducing costs and simplifying the process of raising funds.
With the team already completing its smart contract with SolidProof and KYC with Coinsult as well as already breaking ground on the first NFT-funded project in Ghana The Khari Project in partnership with Jacob West there’s real excitement surrounding the future of DPAT.
With more and more people turning to the blockchain for asset management and investments, it is no surprise that the DPAT NFT Marketplace project is gaining traction with new developers applying every week to join the waiting list. It’s clear this project is a game-changer for African land, property and infrastructure development and it will be quite interesting to see how these changes impact African cities economically over the coming years.
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