Vestate, founded in 2023 by Adyinhan Melet, is an AI-powered proptech platform designed to function as a global real estate trading system, bridging traditional Web2 real estate companies with Web3 Real World Asset (RWA) projects. ^{[1] [6]}

Overview

Vestate is a platform that combines traditional real estate practices with Web3 technology, focusing on tokenizing commissions from property transactions. Positioned within the Real World Asset (RWA) ecosystem, Vestate seeks to streamline commission distribution, incentivize agent performance, and foster collaboration through its $VES token, built on the Ethereum blockchain.

The platform provides tools such as Vestmap, which uses AI-driven market data to offer staking benefits and enhance user engagement, and Vestagent, a system designed for team-based commission allocation. Vestate's global approach empowers agents to expand their reach beyond local markets while maintaining their expertise through localized AI insights. By addressing key industry challenges such as inequitable commission distribution and inefficient processes, Vestate aims to create a transparent, efficient, and scalable ecosystem for real estate professionals and participants worldwide. ^[1][2][3][9]

Ecosystem

VESKEY

VESKEY is an AI-driven proptech platform designed to transform real estate commission management through tokenization and Web3 integration. By adopting a Software as a Service (SaaS) model, VESKEY ensures efficient and transparent commission distribution, allowing all contributors to real estate transactions, including non-licensed participants, to receive fair compensation. The platform combines AI-powered insights with a user-friendly interface, simplifying property listings and investment processes. VESKEY employs intelligent tools for market analysis, commission calculations, and tailored recommendations, adapting to global real estate practices while maintaining localized accuracy.

Through features such as Vesmap, the platform offers gamified staking opportunities informed by city-specific market data. This innovative approach enables users to stake $VES tokens intelligently, enhancing their engagement and utility within the real estate ecosystem. VESKEY bridges local expertise with a global reach, creating a comprehensive and adaptable platform for real estate professionals and participants. ^{[3] [4]}

Vesmap

Vesmap, a utility system within the Vestate ecosystem, offers a reward-based locking mechanism for $VES tokens, informed by real estate market data. The system organizes city-specific pools, each shaped by the respective real estate market data. These pools have unique rules regarding participation duration, capacity, rewards, and raffle opportunities. Cities with higher real estate values feature pools offering more substantial rewards but with limited participation slots, creating a gamified and strategic engagement experience. Users can lock $VES tokens to earn raffle tickets for rewards, with more locked tokens increasing the chances of winning. After the participation period ends, the pool locks, and a raffle is conducted to distribute rewards. Locked tokens are returned upon reward distribution, reinforcing Vesmap’s focus on utility rather than profit generation. ^{[3] [5]}

Vestagent

Vestagent is an innovative commission and ensures that all contributors, including mediators, agents, and brokers, are fairly recognized and rewarded for their roles in property transactions. This system incorporates a transparent and equitable commission structure, emphasizing the importance of every participant in the real estate ecosystem. By leveraging AI technology and adapting to diverse global practices, Vestagent creates a dynamic framework that aligns the interests of all parties involved while promoting efficiency and fairness.

Through its sustainable approach, Vestagent represents a shift in the real estate market, prioritizing inclusivity and transparency in commission distribution and fostering a collaborative environment for participants. ^[3]

Tokenomics

Vestate Token ($VES)

The $VES token serves as the core utility within the Vestate ecosystem, facilitating all transactions and powering its various systems. It ia s built on the Ethereum blockchain with the total supply of $VES capped at 500,000,000, with a circulating supply of 143,700, 000. Token distribution follows specific lock durations and vesting schedules, with all locks set to fully open by May 2026. ^[7]

Allocation

Partnerships

Vestate has established strategic partnerships with various organizations to enhance its platform and broaden its impact. ^[8]

These partnerships include:

• IQWIKI
• Ginoa
• Cluster Protocol
• Unipoly Coin
• CRTAI Network
• Metakraft AI
• Mey Network
• Mirada AI
• MetaHub
• Renta Network
• Zenqira Tech
• TryRing AI
• Copute AI
• Memequest MQT
• Tilted XYZ
• Asko Coin
• Atlaspad
• Three Protocol
• Valu.so
• AI Pepe King
• VTrading Global
• Swap N Go
• Bitgert
• MemePad Sol
• AI Pocalypto
• Arrland NFT
• Token Wars
• The CyberKart
• BRCMTMT