When you talk about blockchain, they have already made applications

The world's first digital asset anchored by a real estate project (RET SCH-SR) was officially launched on May 15. The project uses the asset chain protocol to digitize real estate assets based on the asset chain community (Acchain). The RET project truly realizes the combination of blockchain and the real estate industry. Interestingly, this type of combination was proposed by many people not long after the emergence of blockchain. Due to the characteristics of the development of the domestic real estate market, the asset chain (Acchain) hopes to use foreign real estate projects to study a complete process, so the asset chain has reached a cooperation with Serene Country Homes, a company located in Dallas.

Sendera Ranch, managed by Serene Country Homes, is the digital asset released on the asset chain public chain this time. Sendera Ranch is located northwest of Dallas-Fort Worth, Texas. The development cycle consists of 10 phases, covering an area of ​​889.53 acres and 2,385 plots for residential buildings, with a total value of more than US$600 million.

The RET real estate project based on the asset chain community has been announced on the asset chain’s official website acchain.org. The next step will be a comprehensive assessment of the project by the asset chain community.

Currently, the standard token ACC of the Asset Chain Community (Acchain) is being publicly subscribed on the official website (acchain.org). The target asset volume of the ICO launched simultaneously around the world is 11,111 bitcoins, of which 3,000 bitcoins are sold in China. However, due to insufficient preparation for the early market promotion, the ICO started hastily, resulting in less than ideal sales in China. The official Asset Chain said that it will continue to increase its efforts in market promotion.

  “But the most important thing is that during the ACC token ICO process, we are continuously looking for reliable partners to continuously enhance investor confidence from the beginning. A blockchain without practical applications will eventually be like a moon in the water or a flower in the mirror, with a short life cycle and still be criticized. We also hope that investors can continue to pay attention to the development of the asset chain and the established and feasible blockchain application routes of the asset chain.” ACC officials said.

The Acchain project has found a balance between the normal ecology and wild ecology of blockchain

In simple terms, we can understand the asset chain as the underlying protocol for asset digitization. In this public chain, which also has a bit of alliance chain meaning, there can be many different assets. What the asset chain needs to do is to digitize the corresponding assets, and based on this protocol, it can generate a variety of tokens.

This is a strict process, from asset evaluation to token issuance, and then to ICO circulation and trading of tokens. Acchain plays more of a role as a technical service provider. In the process of token generation, the most complex structure is the review of assets. In the current market, holding simple concepts or imaginative business plans to conduct ICOs has become an ecological component of the industry.

The assets that Acchain initially assessed were more companies that pursued PE. After all, the business models of these companies are already very clear. As for whether they can be launched online, whether they can be converted into digital assets and issue tokens, this is not something that the asset chain operator can dominate. It should be voted on by the asset chain community. The underlying digital currency of the asset chain is ACC, which is a POS mechanism. The establishment of community voting is similar to the route of UASF in the Bitcoin expansion problem. The core factor that determines whether a project can be issued on the asset chain is the recognition of the community. The community is composed of participants who hold the token ACC. Therefore, after the ICO of the asset chain (Acchain), 80% of the capital pool constitutes the public community of the asset chain. The official should not dominate and cannot dominate, so in the digitalization of assets, there is a more decentralized concept.