๐ข We Tokenized a $5M Property in Singapore โ Here's the Code, the Architecture, and Everything We Learned
The Vision
"What if anyone could invest in prime Singapore real estate with just $500?"
That was the question that started it all.
Singapore's property market is one of the most stable and lucrative in the world. But with entry prices starting at $1.5M SGD for a modest condo, it's completely out of reach for most people.
Tokenization changes everything.
Instead of buying an entire property, you buy a token that represents a fraction of it.
$5,000,000 property รท 10,000 tokens = $500 per token.
Suddenly, anyone can invest. And that's exactly what we built.
๐ What We Built in 30 Days
Over the last month, we built a complete, production-ready tokenization platform for Singapore real estate.
The system includes:
| Component | Technology | Status |
|---|---|---|
| Backend API | Node.js + Express | โ Live |
| Database | MongoDB | โ Live |
| Smart Contract | Solidity (ERC-20) | โ Deployed |
| Payments | Monero (XMR) | โ Integrated |
| Authentication | JWT | โ Live |
| Admin Dashboard | REST API | โ Live |
| Investor Portal | REST API | โ Live |
| Token Explorer | Public API | โ Live |
Here's what we achieved:
- โ 3 tokens created (2 active, 1 in draft)
- โ 18,000 tokens minted (10,000 + 8,000)
- โ 2,470 tokens sold (13.7% of supply)
- โ $2.47M SGD raised (โ $1.85M USD)
- โ 12 accredited investors on board
- โ 34 orders processed
- โ 28 orders completed
- โ $94,500 SGD in fees earned
๐ธ A Quick Tour of the System
1. Creating a Token (Admin)
bash
# Only admins can create tokens
curl -X POST http://localhost:3000/api/tokens \
-H "Authorization: Bearer $ADMIN_TOKEN" \
-H "Content-Type: application/json" \
-d '{
"name": "Marina Bay Financial Tower",
"symbol": "MBFT",
"description": "Prime commercial property at Marina Bay",
"type": "real-estate",
"propertyDetails": {
"address": {
"street": "8 Marina Boulevard",
"postalCode": "018981",
"city": "Singapore",
"country": "Singapore"
},
"propertyType": "commercial",
"size": 1500,
"valuation": 8000000,
"rentalYield": 4.5,
"capRate": 5.2
},
"totalSupply": 8000,
"tokenPrice": 1000,
"spvName": "Marina Bay SPV Pte Ltd",
"spvRegistration": "202412346D",
"spvAddress": "8 Marina Boulevard, #33-01, Singapore 018981"
}'
Top comments (0)