Onooks (OOKS) Token Tracker on Etherscan shows the price of the Token $0.28, total supply 12000000 coins.
Onooks (OOKS) Company Brief History
Founded Date Mar 25, 2021; Operating Status Active; Also Known As OOKS; Legal Name Onooks SRL. Crypto, Hedge Fund, Bitcoin, Ethereum, Real Estate, Web Development, Programming, Mobile Apps and Online Marketing.
Onooks advocates for building an integrated and interoperable open finance and monetary protocol matrix serving as a unified liquidity pool and back-bone infrastructure for DeFi and open finance applications.
It is fairly simple and direct – we aim to bring together a community of people who are upset with
the fact that real estate is an asset class that has been reserved for people with huge valuation.
And that is the biggest problem – why should the benefit of this consistently growing asset class
be reserved to only a few wealthy people?
How do blockchain and real estate work?
We are already aware of the fact that blockchain technology has completely disrupted traditional
financial structures, and we are now at a stage where companies are slowly moving towards
That impact has been on payments, remittances, and even foreign exchange. The way
peer-to-peer networks work has been changed completely – obviously for the benefit of common
people like you and me. Blockchain is even revolutionizing the food supply industry and is
enhancing and removing errors in the overall supply chain management systems!
Here are some benefits of using blockchain for real estate:
⦁ Assets that were reserved for traditional investing can now be tokenized
⦁ The process of selling/buying real estate or a fraction of it becomes very easy
⦁ Because the process gets automated, intermediary costs are nil
⦁ Tokenization ensures global access to assets
These are just some of the benefits that we reap while putting real estate on blockchain. To show
that we are not just making it up, here is an example of an apartment that was actually sold as
NFT on the Ethereum blockchain.
Way back in 2017, TechCrunch’s founder Michael Arrington paid roughly $60,000 to a company
called Propy in the cryptocurrency Ethereum to buy a house near the Dnieper River. When WSJ
reported that story, their headline only reflected the sense of awe that they were feeling towards
what had just happened. A house was sold entirely online, and the payment was in a
cryptocurrency (Ether). Do you think this was crazy?
Devon Bernard, a high-performing tech entrepreneur from California bought that same property
from the Delaware-based LLC (through which Arrington originally bought the property) a few
weeks ago in a first real estate NFT auction for 36 ETH (approx. $93,000).
Propy has been leading the blockchain revolution by opening doors to a connection between
real estate and cryptocurrencies – something that traditional investors are very sceptical about.
Onooks Protocol Analysis
Ethereum greatly expands Bitcoin’s capability as a value and settlement network, and for the first
time we witnessed the emergence of an ever-expanding and self-improving financial protocol
network. Ethereum fosters a rich testbed for financial and monetary experiments unimaginable in
history. We can experiment token offering, stablecoin, decentralized exchange, money market,
lending market, insurance, perdition markets, gaming on a global scale permission lessly,
trustfully without friction, energizing the great movement of open finance.