Carré: Democratizing Real Estate Investments with RWA tokenization
Carré is on a mission to democratize real estate investment and make it accessible to a wider population. Through integrating Venly’s blockchain technology, Carré has simplified the onboarding process, allowing anyone to participate, regardless of their technical background and familiarity with cryptocurrencies.
The Vision behind Carré
Carré democratizes access to real estate investments in premium global properties through RWA tokenization and fractional ownership. They allow people to invest in high-value properties across the world with as little as $100 per share. The investment generates rent and provides potential for long-term property value appreciation. Typically, real estate investments have been reserved for the wealthy as it requires large sums of capital up front and only generates returns over a longer period of time. Carré’s mission is to lower this entry barrier and democratize real estate investments.
The Challenge: Onboarding Web2 users to Web3
One of the challenges Carré faced was how to leverage blockchain technology to manage real estate shares and make sure that all transactions were secure and transparent, without overwhelming non crypto native users. The goal was to abstract the complexities of blockchain, making it invisible to users in the onboarding and wallet management process, while still reaping the benefits. They needed a solution that would allow them to create and manage wallets at scale, create passwords, store tokenized property shares and make sure that all transactions are secure - all without requiring their users to interact with the blockchain directly.
Why Carré chose Venly
After performing a thorough market research, Carré selected Venly as their blockchain technology provider with several USPs in mind:
- Customer Service: Carré appreciated Venly’s supportive customer service and excellent response times. This was clear from the initial stages of the collaboration.
- Pricing: As a growing startup, Carré found Venly’s pricing structure very competitive and flexible.
- Technical Expertise: Venly’s power to provide a web2-friendly abstraction layer that hides the complexities of blockchain from the end-user was a determining element in their decision.
Implementing Venly’s solutions
Carré integrated Venly’s Wallet API into their infrastructure, with the development environment on Polygon and production on Avalanche. Now Carré can create unique tokens for KYC-verified users, making sure that only these verified users can exchange property shares in a secure manner.
The integration process was smooth, with Venly’s support team providing timely assistance whenever technical challenges arose. The result is a robust system that not only secures property share transactions but also maintains a decentralized registry of ownership on the blockchain, providing an additional layer of security and transparency.
Business impact
By incorporating Venly’s technology, Carré has significantly expanded its target market. They now reach users who have little to no knowledge of blockchain, allowing them to invest in real estate easily and securely. This led to a substantial increase in user growth and transaction volume, as more people are drawn to the simplicity and accessibility of Carré’s RWA (Real World Assets) platform.
Moreover, the integration has laid the groundwork for future improvements. As users become more familiar with web3, Carré plans to introduce more advanced blockchain features, further enhancing the user experience and expanding the real estate tokenization platform’s capabilities.
Future plans
Looking ahead, Carré sees Venly as a key partner in its mission to democratize real estate investment through RWA and tokenization. While the current focus is on providing a straightforward and secure investment platform with a seamless onboarding process, there is potential for further integration of Venly’s tools as the platform evolves and user needs become more sophisticated.
“Venly is integral to Carré’s value proposition, allowing anyone, anywhere, to invest in tokenized RWAs leveraging blockchain technology, and reap the benefits without being web3 savvy. Without Venly, Carré’s reach would be limited to a small wealthy user base. This partnership is all about democratizing investing in premium real estate, making it accessible for everyone.” - Florian Huchedé, co-founder of Carré
Conclusion
Carré’s integration with Venly showcases how blockchain technology can break down barriers and make real estate investing accessible to a wider audience. By abstracting the complexities of blockchain, Carré has created a platform that is both user-friendly and secure, allowing anyone to invest in high-end real estate. Visit their website to learn more about how they’re democratizing real estate investing.
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