Description: Code7.Finance is an algorithmic stablecoin protocol that utilizes seigniorage to peg $CODE 1:1 with $FTM. Farm 7SHARE and earn rewards in our algorithmic stablecoin ecosystem.
The Problem
Corporations are securing affordable, livable properties at an alarming rate. U.S renters already spend on average 27% of their income on rent. Current benefits that come with the use of Web 3.0 technology and the Fantom ecosystem are mainly reserved for online use cases with little applicability in everyday life.
1. Property Owners Goal = Make the most profit
2. Renters and Buyers Goal = Save the most money
Code 7 plans to leverage incentive oriented DeFi protocols to align these goals to create a more equitable future for the real estate market, starting with a tomb fork. This is meant to be a fun, interactive, community-driven effort that creates a permanent source of growing liquidity for the protocol and users.
The Solution
1. Create a decentralized team of industry professionals via Discord with the following roles: Property Owners, Real Estate Agents + Brokers, General Contractors, Mortgages / Banking, Legal / Tax, Community / Graphics / Content
2. Form a legal entity LLC that manages the treasury
3. Begin investing in strategically picked real estate ventures (Residential + Commercial + Vacation/Airbnb)
4. Align the incentives of every Code 7 Realty participant by requiring them have a vested interest in the success and longevity of the protocol
5. Become self sustaining with permanent steady income produced from real estate investments.
The Vision
We envision a future where the benefits of Web 3.0 and DeFi are applied to every aspect of life in a safe, secure and accountable manner. We're planning to be pioneers in the real estate blockchain industry and we're taking this as a "build-as-you-go" type of project. We gladly accept ALL forms of help, critique, criticism, and suggestions as we expand and move forward. We want to build a network of like-minded community members that span across several locations and job industries, sharing the same ultimate goal of using DeFi as a means to a better financial future for all. We believe everyone can help no matter who you are.
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