Documentation & Pitch
Tokenizing Real Estate
on Solana
SolEstate is a fractional real-estate ownership protocol built on Solana. This document covers our tokenomics, architecture, oracle design, and roadmap.
The Problem
Real estate is the world's largest asset class — yet it's inaccessible.
High Capital Barrier
Buying even a single apartment in NYC requires $500k+. 95% of retail investors are locked out entirely.
Illiquidity
Traditional real estate takes months to buy or sell. There is no secondary market for partial ownership.
Geographic Lock-In
Investing in foreign property requires local legal entities, banks, and lawyers — prohibitive for most.
The Solution
Fractional ownership via SPL tokens on Solana
Fractional Tokens
Each property is divided into 10,000–100,000 SPL tokens. Invest from as little as 1 SOL.
Passive Yield
Rental income is distributed to token holders monthly via on-chain smart contracts.
24/7 Liquidity
Sell your tokens on the secondary market at any time — no lock-up, instant settlement.
Transparent
Every transaction, valuation update, and yield payment is permanently recorded on Solana.
Tokenomics
Token allocation
Property Tokens (per asset)
Each property mints its own SPL token. Supply is fixed at listing time and tied 1:1 to fractional ownership of the underlying SPV (Special Purpose Vehicle).
Platform Token: SOLD
Future governance token. Used to vote on new property listings, fee parameters, and treasury allocation. Earned by early investors and liquidity providers.
Fee Structure
1% primary market fee, 0.3% secondary market taker fee, 0.1% maker fee. Fees flow to the DAO treasury.
Architecture
Technical stack
Sub-second finality, 0.00025 $ fees — ideal for micro-investments.
Rust-based framework for secure, auditable on-chain programs.
Each property mints a unique SPL token. Divisible to 9 decimals.
Off-chain property valuations posted on-chain for transparent pricing.
Proof-of-asset NFT attaches legal documentation to the token.
Decentralised central limit order book for secondary trading.
On-chain identity verification — no centralised data storage.
App Router, React 19, Turbopack for instant HMR.
Oracle & Proof-of-Asset
How property valuations reach the blockchain
We use Chainlink decentralised oracle networks (DON) to bring off-chain real estate valuations on-chain in a trust-minimised way.
Property Valuation
Licensed appraiser submits valuation report to SolEstate off-chain API.
Chainlink Node
Chainlink DON aggregates the report hash and current market value into a signed data feed.
On-chain Update
Feed is written to an Anchor PDA (Program Derived Address) linked to the property mint.
Token Repricing
Primary market token price updates automatically based on the oracle feed.
Audit Trail
Every valuation update is permanently recorded on Solana — fully transparent to investors.
Proof-of-Asset NFT (Metaplex)
When a property is listed, a Metaplex NFT is minted containing: the property's legal title hash, SPV registration number, notarised appraisal report URI, and insurance certificate. This NFT is held by the smart contract and acts as on-chain proof that the tokens are backed by a real asset. Investors can verify authenticity on Solscan at any time.
Roadmap
Development phases
Foundation
CompleteSecondary Market
CompleteOracle & Proof-of-Asset
In ProgressDAO Governance
UpcomingMainnet & Scale
UpcomingSolana Agent Skills
Built with solana.com/skills
SolEstate leverages official and community Solana Agent Skills — ready-made AI coding modules that give agents the context needed to build on Solana. Each skill below is integrated or planned in our architecture.
Frontend with framework-kit
Build React and Next.js Solana apps with a single client instance, Wallet Standard-first connection, and minimal client-side footprint.
Used for wallet connection and UI in SolEstate
Confidential Transfers
Implement private, encrypted token balances on Solana using the Token-2022 confidential transfers extension.
Privacy layer for investor token holdings
Payments & Commerce
Build checkout flows, payment buttons, and QR-based payment requests using Commerce Kit and Solana Pay.
Token purchase checkout flow in SolEstate
Jupiter Skill
AI coding skill for Jupiter covering Ultra swaps, limit orders, DCA, perpetuals, and lending.
Secondary market liquidity via Jupiter swaps
Metaplex Skill
Official Metaplex development skill covering Core NFTs, Token Metadata, Bubblegum, and Candy Machine.
Proof-of-Asset NFT minting for each property
Pyth Skill
AI coding skill for Pyth Network oracle covering real-time price feeds with confidence intervals.
Real-time SOL/USD price feed for token pricing
npx skills add https://github.com/solana-foundation/solana-dev-skillTeam
Built by web3 + real estate engineers
Alex Rivera
CEO & Co-Founder
Former VP at Blackstone Real Estate. 12y finance.
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Mia Tanaka
CTO & Co-Founder
Solana core contributor. 8y blockchain engineering.
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Omar Hassan
Head of Legal
Ex-SEC attorney. Regulatory expert in digital assets.
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Disclaimer
Important — Please Read
SolEstate is a demonstration project built for educational and hackathon purposes. All properties, tokens, transactions, and financial data shown are entirely fictitious.
This platform operates exclusively on Solana Devnet. No real assets, real money, or real SOL are involved. Token mint addresses are mock values and do not correspond to real on-chain accounts.
Nothing on this platform constitutes financial, legal, or investment advice. Fractional real estate investment carries significant risks including illiquidity, regulatory uncertainty, and capital loss. Always consult a licensed financial advisor before making investment decisions.
The oracle integration (Chainlink), proof-of-asset NFT (Metaplex), and governance token (SOLD) described on this page are planned features, not yet deployed on any network.