Quote from: Chappas on Today at 07:02:23 AM

why there would be two prices for the same asset on chain and off chain? Don't you think there will be a problem if the same real estate have two price then the buyers and the sellers face problem to transact it?

Hi, as mentioned above we believe that with CitaDAO, there will be 2 different prices for the same piece of Real Estate: the price of Real Estate On-chain and Off-chain.

We believe that the value of Real Estate on-chain will be higher than value of the same Real Estate off-chain. This is simply because with CitaDAO, on-chain Real Estate has more use cases compared to off-chain Real Estate (similar to the iPhone App Store increasing the value of an iPhone because of multiple use cases provided by the App Store).

Real Estate Token holders will find that there is more that they can do with their RET compared to having the physical piece of Real Estate. Such examples would be pairing the RET with USDC to yield farm, taking out collateralized loans with RET, RET Index Funds, Futures and other Primitives. Because of these use cases that you would normally not have or have difficulty attaining in the real world, we believe that the RET will be worth more than the Real estate in the Real World since there would be greater demand for the RET.

As for your 2nd question, buyers and sellers will only be able to buy and sell RET via our Automated Market Maker. If a buyer wants to buyout the entire Real Estate, they will have to go through our buyout process This means that if anyone wants to buy the property, they will have to go through our platform where the price is based on the On-chain price. The Off-chain price simply acts as a floor price for the On-chain RET. Hope that answers your questions!