Propchain (PROPC) tokenomics

The $PROPC token is the utility token that powers the Propchain ecosystem, a platform leveraging blockchain and AI to enhance transparency and efficiency in the real estate capital market. The token is designed to enable enhanced features, incentivize community participation, and facilitate governance within the network.

Usage and Incentive Mechanism

The $PROPC token serves multiple utility functions within the Propchain ecosystem, primarily focusing on platform access, governance, and community rewards.

Core Utility and Access

• Platform Access: $PROPC tokens are used to access advanced platform features, which include enhanced loan terms and higher Loan-to-Value (LTV) options for users.
• Transaction Fees: In future releases, $PROPC tokens are planned to be used for platform fee payments.
• Prop.com Integration: The token is actively used in the finance operations of Prop.com, a digital marketplace for private market, real estate-backed debt.

Governance and Staking Incentives

• Governance: Token holders can participate in key decisions regarding the platform's future through DAO (Decentralized Autonomous Organization) voting. Propchain recently launched a DAO for Real-World Assets (RWA) in the tokenized real estate sector.
• Digital Board Members Program (DBMP): This program serves as a governance utility, allowing $PROPC token holders to participate in discussions and proposals on the platform.
• Real-e-Stake Mechanism: This feature allows $PROPC token holders to stake their tokens as part of participating in the DBMP.
• Community Rewards: Token holders can engage in community efforts, such as airdrops, to receive rewards. The Propchain Foundation oversees rewards and technology development initiatives to maintain network stability and foster growth.

Issuance and Allocation Mechanism

Specific details regarding the total supply, initial token allocation breakdown (e.g., percentage allocated to the team, investors, ecosystem, etc.), and the precise issuance mechanism (e.g., fixed, KPI-driven, or inflationary rate) for the $PROPC token were not available in the provided information.

However, the Propchain Foundation is responsible for maintaining network stability, fostering growth, and overseeing rewards and technology development initiatives, suggesting a centralized entity manages the token supply and distribution.

Locking Mechanism and Unlocking Time

Propchain utilizes a staking mechanism, referred to as the Real-e-Stake mechanism, which requires token holders to lock their $PROPC tokens to participate in the Digital Board Members Program (DBMP) and earn rewards.

While the existence of a locking mechanism is confirmed, specific details regarding the following aspects of the locking and unlocking schedule were not available:

• Locking Duration: The minimum or maximum time period for which $PROPC tokens must be locked.
• Unlocking Time/Vesting Schedule: The specific dates or schedule for the release of locked tokens or any vesting periods for initial allocations (e.g., team or investor tokens).
• Penalties: Whether penalties are incurred for early withdrawal or unlocking of staked tokens.