TG DAO 3.0 Launchpad analysis of futurent.
PRODUCT
Futurent is a blockchain based rental & trading platform for NFT real estate & luxury cars, heading into the Metaverse sector as one of the pioneers in the field.
It is a project where DeFi meets real world assets.
Main features are NFT Bricks — fractionalized NFT real estate. This allows the transferring of the ownership rights of real-world assets in a few simple clicks, and allows you to generate instant passive income. This now makes one of the most historically stable investments accessible to anyone.
BUSINESS MODEL
The smallest investment will vary from 500–2000$ and each investor will get a DAO governance vote. On top of that, Futurent`s marketplace will allow listings & rentals of real world assets, such as luxury cars, boats and of course real estate.
For the first stage, project are allowing standard (one-piece) deals only, but we are already preparing for stage two — allowing 3rd party owners to tokenize their assets into NFT Bricks.
Those are of course tradable at the marketplace aswell. Further, Futurent will support all marketplace deals with an option of escrow service to ensure the highest level of safety and security for our users.
Another exciting part of Futurent is NFT Giveaway tickets that will allow participants to win incredible prizes! Prizes include Lamborghinis, Teslas, luxury trips to Dubai, etc.
During the launch campaign the project will test the model by giving away tickets for free and later on, they will be purchased for as low as $1 per ticket.
MARKET AND COMPETITORS
Honestly, there were no actual (direct) competitors found, even though we’ve done a considerable amount of research.
Futurent basically is an investment fund, but … Futurent is so much more than that! NFT Bricks (fractionalized NFT real estate) was previously explained and is coming with many advantages. First of all, every transaction is instant. The moment an NFT is sent to the wallet, the revenue share is triggered.
These NFTs are tradeable at any time and the user can choose between properties, and use the DAO voting system to place properties on the market (and enjoy extra revenue from the sales). NFTs will be able to be used as collateral, and each fraction can be sold/traded at any time (Futurent will even offer a buyback option if someone needs a fast solution). That’s only part of the benefits that the main feature delivers! On top of that, there will be a high-end marketplace that will support listing and renting standard (one-piece) properties.
This marketplace will be supported by blockchain, cryptocurrency payments, and escrow service for maximum safety and security. The project ecosystem comes with exceptional staking rewards and a yield program which will provide some additional opportunities for even higher passive income.
Metaverse is the obvious next step on the Futurent roadmap as we will engage the same model with virtual properties as well. It’s actually much easier to develop and manage, since all the assets are already digital. However, it needs a more individual approach in order to find the best model for each partnered project. The Futurent project is in contact with many Metaverse/Virtual land projects and are looking for the best options out there. Before Futurent 2.0 is launched, they would like to carefully determine every aspect in order to give the best support to their partners and select the best offers for our community.
Futurent is determined to play an important role in the Metaverse marketplace sector. With all of that said, they are keeping our feet firmly attached to the ground at this early stage.
INVESTORS
The main investors and partners of the project include MH Ventures, Dutch Crypto Investors, Empire Venture Capital, Synaps and many more.
TEAM
Founder & CEO : Alen Dolsak
CTO : Janin Cadez
CLO : Peter Merc
CFO : Jure Conc
Web3 Developer : Svyatoslav Shilkov
CCO : Erik Madarasi
Head of Research : Dejan Vrhovski
TOKENOMICS
TOKEN UTILITY
Futurent scoring review
*If you’re not aware of how we choose a project, this data will give you some insight, and what factors we should check for when evaluating a crypto project. In the process of analyzing the Futurent project, the TG DAO team, based on an internal scoring system, came up with the following points for each category:
- Team: Good qualified team across top operational positions with good understanding in the market niche of tokenized real estate. Good experience in the formation of startups and their subsequent development.
Score: 9/10
- Backers: Futurent currently has a small number of investment partners, however, these partnerships include strategic partners, which will allow the project to develop and expand its network of contacts.
Score: 5.7/10
- Community: When analyzing the futurent community, they concluded that there was insufficient PR and marketing of the product. This may indicate that the project is still new and the involvement of new people should be the main goal in the near future.
Score: 3/10
- PR: This product scoring block has the same problem as with the community: the project needs a full-fledged PR company and the involvement of KOL’s to draw attention to the Futurent project
Score: 3/10
- Product market match: This block is very interesting and where futurent has a big advantage. The intersection between real estate and NFT technology and the possibility of its monetization contributes to an excellent user adoption. If the project meets its roadmap, investors have a great opportunity to capitalize on the success of this business model.
Score: 7.5/10
- Tokenomics/IDO/Listing: For private sale on 10% TGE / 2 months cliff with rest linearly unlock over 6 months.
For private sale on 20% TGE / 1 months cliff with rest linearly unlock over 4 months.
Token has real utility and rewards, access to the staking pool and trading escrow service.
**All info about tokenomics in detail on the project website.
Tokenomics is critical to a project’s viability. We must be careful and look at all the data provided by the project team. And any sign of red flags should trigger our gut feeling of discomfort.
Score: 6.7/10
- Development stage: Futurent project has a fresh way of investing into real estate (assets) through NFT Bricks . Roadmap has a far-sighted project development stages. More detailed info is on project website.
Score: 8/10
