Teaser of the company
RAAY RE offers DLT-based solutions for the real estate sector, which digitizes real estate properties and associated processes with blockchain technology. The solutions are based on a foundational decentralized system that allows for various B2B and B2C applications capitalizing on the inherent benefits of DLT.
RAAY RE will test and validate the following blockchain-based solution in the scope of BlockStart:
RAAY RE plans to work on a DTL-based incentive scheme, that helps property owners and managers to incentivise their tenants to behave in a desirable way by issuing tokens for certain actions regarded as good behaviour, which may include getting on-time payments, reporting damages, unsavoury behaviour and saving energy. This general concept of rewarding customers is taken from frequent flier miles and it is proven that they work very well and increase customer satisfaction
raay.estate
With the support of the BlockStart program, RAAY RE plans to work on a DTL-based Tenant Incentive Scheme, that helps property owners and managers to incentivise their tenants to behave in a desirable way by issuing tokens for certain actions regarded as good behaviour, which may include getting on-time payments, reporting damages, unsavoury behaviour and saving energy.
This general concept of rewarding customers is taken from frequent flier miles and it is proven that they work very well and increase customer satisfaction and retention. What we have realised is that these incentives work can be successfully applied to property management as well. Instead of rewarding points, our incentive scheme will be based on ERC-20 tokens branded as coins issued by the property owner, which can be exchanged for benefits related to the property such as a discount on the monthly rents or reduced parking fees.
Meet the Team
Media features
Total funding received by RAAY Real Estate GmbH under BlockStart: €1,000 for Ideation Kick-off event