Residential apartment, Mermaid Beach, Queensland(BSPT-TEC-25)
Onchain AUM-
Key Metrics
-
$0
Chains1
Onchain AUM-
Key Metrics
-
$0
Chains1
Token Properties
Classification
KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)
KYC/Allowlisted/Whitelisted to Transfer/HoldIndicates whether holding or transferring the token requires prior verification or allowlisting/whitelisting (issuer or transfer-agent permissioning), enforced at the token, contract, or venue level
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Asset Information
IssuerBlocksquare
Registry InformationBlocksquare is the tokenization framework and the properties are held by separate property owning entities onboarded as Certified Partners. Each token records its property address, coordinates and valuation in the Blocksquare property registry at 0x05325C1Ab1440df7214dB38F676F95999729267B on Ethereum. The submitter did not provide a registered company name, number or jurisdiction for the issuing entity behind this property, and no attestation or audit was supplied.
Notes
- BSPT-TEC-25 is a Blocksquare property token representing a tokenized economic interest in the property at 3/11 Mermaid Ave, Mermaid Beach 4218, Queensland, Australia. The property record is written on chain and carries the street address, geographic coordinates and a valuation held in the Blocksquare property registry, which the operator revises by corporate resolution on a periodic basis rather than by market pricing. Each token has a fixed maximum supply set when the property was tokenized, so the token count represents a fixed division of the interest rather than an open ended issuance. Valuation and settlement are denominated in DAI. Acquiring or holding the token requires passing the platform's onboarding checks, and transfers are limited to addresses the platform has approved. The token conveys an economic interest routed through the entity that owns the property rather than direct legal title to the real estate, and no issuer redemption facility exists. Exit depends on finding a buyer among approved holders. Yield reaches holders as distributed rental income from the underlying property, paid in DAI rather than accruing to the token balance. A buyback route is described by the operator as under development and is not available at present.
Chains
Ethereum
Primary