Denis Petrovcic, Co-founder and CEO of Blocksquare, emphasized the company’s commitment to advancing RWA tokenization through community governance and funding in an interview with crypto.news. He explained that community members can approve investment proposals, with a minimum deposit of 500 sBST (BST token), and once the pool reaches 100,000 sBST, operators will receive full community support and enhanced APY incentives. The initiative aims to promote participation with contribution limits and a dual-lock mechanism to secure investments, fostering a committed and stable BST community. Members can benefit from higher APY rewards as they reach growth targets.
Additionally, marketplace operators can secure necessary support for projects and demonstrate commitment by setting performance metric goals and depositing collateral. Blocksquare’s infrastructure and business model center around third-party operated marketplaces, referred to as Certified Partners (CPs). The mechanism ensures commitment from both CPs and community members to the pool’s success, with CPs required to deposit a minimum of 500 sBST as collateral. To access Blocksquare’s real estate infrastructure, users acquire a lifetime software license tokenized using BST.
Certified Partners who stake BST in the Main pool (sBST) can participate in Blocksquare’s partner program and qualify for fiat-based software licensing pricing discounts. The main incentive for CPs is to obtain support through sBST pledges to achieve the highest partner status and operate on Blocksquare’s infrastructure with a 100% discount benefit. CPs’ marketing endeavors are backed by people who promise to contribute their sBST, giving them a personal stake in the CPs’ efforts. The reward distribution is tailored to the unique aspects of the BST token model, ensuring that marketplace pools with higher scores offer a higher APY to their community supporters.
When a marketplace pool reaches 100,000 sBST, it qualifies for APY rewards. Enhanced APY incentives are offered through a reward distribution system that allocates a fixed amount of 125,000 BST to encourage participation in governance pools. This model allows investors to access diverse regional real estate opportunities worldwide, unlike competitors who focus on specific geographic markets or property types.