BREAKING PROPERTY NEWS – 15/11/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.

 

Addland takes a huge leap forward in its mission to “Bring Land To Life

Addland has just released a new video showing off the latest in a long line of ground-breaking features – combined 3D mapping and OS terrain 5 data.

The new feature will bring desktop assessments to life through Addland’s research tools.

Featuring as a new map layer, any potential consideration – from flood zones to ancient woodlands – can be overlaid to build up a complete picture.

Its a particularly powerful feature for developers, enabling them to fully understand the geographic data and evaluate the potential for increased building costs at the outset.

Likewise, companies operating in the renewables space are able to quickly and accurately determine site feasibility for wind or solar development.

Andrew Smith, CCO at Addland, said: “It’s so good, it’s practically better than being on-site.”

Find out more in the video below:

Million Dollar – The First Real Estate Metaverse Company

PRESS RELEASE: NFTs, meaning Non-Fungible Tokens, is a concept that gets people together. From arts to music to exclusive content and to VIP events, the NFT ecosystem brings so much to users. Metaverse allows users to engage in real-life activities in virtual reality (VR). You can own clothes, buy shoes, and even own land. And this has enabled projects to transform from NFTs into the Metaverse. One such project that has transformed is the Million Dollar Metaverse – the first real estate company in the Metaverse.

Million Dollar is the first Real Estate Company in the Metaverse with a concept of NFT Collection, such as male brokers, female brokers, plotlands, and other properties. The platform is built on the Ethereum blockchain. The community keeps expanding, and users can become property owners – buying and selling lands to generate income.

The Million Dollar platform is an ample opportunity for people who can’t invest in physical properties due to their lack of knowledge to become Real Estate brokers. We will create a space that allows you to connect with prospective customers. Buyers and sellers (project participants) will coexist, and transactions will happen faster and easier. “We believe real estate can be more fun without compromising the project participants” potential income. Thus, socialization and technology can co-exist in real estate – this is the target future of the Million Dollar Metaverse.” ( Sebastian F. Baciu – CEO)

The NFT collections on Million Dollar include – Brokers, Properties, and Lands. The Broker is a male character with over 350 unique traits. Each attribute is categorized as either Smart-Casual, Formal, or Elegant. These categories determine the exclusive packages the Broker can access.

What makes the Million Dollar project stand out?

  •  A broker gives holders more opportunities to earn passive and active incomes.
  • The community base has no monopoly in terms of decision-making.
  • The platform’s security level is high and end-encrypted.
  • Every user can access the platform and stake their property.
  • The community comprises crypto experts who contribute to the project’s development.

The Million Dollar is an outstanding project, mainly due to the impact of experienced developers and enthusiasts, including – Web3, real estate, IT, marketing, and blockchain design. As a result, users are well-assured of continuous community growth and establishment.

Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

You May Also Enjoy

Estate Agent Talk

Mortgage Rates and Human Behaviour: Why Small Changes Create Big Reactions

By Sarah Thompson, Group Financial Services Director, Mortgage Scout Mortgage rates have returned to the headlines in recent weeks, with some lenders pushing products back above 5%. Renewed market volatility has been driven in part by global uncertainty, including the conflict in the Middle East and its impact on energy markets and investor confidence. Yet…
Read More
Breaking News

Nearly six in ten UK property purchases trigger AML red flags

Nearly six in ten UK property purchases now require further scrutiny under anti-money laundering (AML) rules, according to new data from client due diligence platform Thirdfort. Analysis of more than 415,000 completed Source of Funds (SoF) checks found that 57.7% of transactions contained at least one red flag, with an average of two flags per…
Read More
Breaking News

Vanishing act of sub-4% fixed rate mortgages

A cut to Bank of England Base Rate (BBR) looks increasingly unlikely, with the upheaval in mortgage re-pricing leading to a vanishing act of sub-4% fixed mortgages, according to Moneyfactscompare.co.uk analysis. Mortgage market analysis The pool of lenders offering a sub-4% fixed rate deal has taken a significant blow. All of the biggest banks, namely…
Read More
Estate Agent Talk

Government’s Home Buying and Selling Reform

Will the Government’s Home Buying and Selling Reform Consultation Increase or decrease the speed at which the market moves? Kevin Shaw, National Sales Managing Director, LRG The government’s consultation on Home Buying and Selling Reform is a step in the right direction. It recognises what every estate agent and conveyancer already knows: property sales take…
Read More
Letting Agent Talk

The Draft Leasehold and Commonhold Reform Bill

Content and clarification Comment from the Association of Leasehold Enfranchisement Practitioners (ALEP) By Shabnam Ali-Khan – Partner, Russell-Cooke Following the rushed Royal Assent of the Leasehold and Freehold Reform Act 2024, further controversy has arisen. In the King’s Speech on 17 July, the new Leasehold and Commonhold Reform Bill was announced, but the full details…
Read More
Rightmove logo
Breaking News

Steady March market so far despite global uncertainty

Average new seller asking prices rise by 0.8% (+£3,023) in March to £371,042, a typical seasonal increase in prices: The number of homes for sale remains at an eleven‑year high for this time of year, limiting more significant price growth and reinforcing the need for sellers to price more competitively to attract buyer interest The…
Read More