Real estate · Tokenization · Solana
We build properties, then put every one of them on-chain.
$BLOCK develops its own real estate and records each project on Solana, so ownership moves in seconds instead of weeks. Then we open every property to everyday people: with $BLOCK, anyone can book a stay in our homes, get into our events and use our services.
LOT 3, BLOCK 12
Illustrative on-chain record
- Owner of record
- Lot 3 LLC
- Owned by
- $BLOCK holding company
- Title
- Recorded with county
- Appraisal
- Independent, on file
- Build stage
- Milestone 3 of 6
- Ownership tokens
- Eligible investors
- Pays in
- $BLOCK
One ecosystem
Built for the property market and for everyday people.
Tokenization on Solana makes property faster to transfer and easier to verify. $BLOCK goes a step further: it opens the homes, events and services we build to anyone who holds the token, no property purchase required.
For the property market
Ownership on Solana
- Every property we develop is tokenized
- Transfers settle in seconds, with fewer middlemen
- Title, appraisals and inspections anyone can check on-chain
For everyday people
Access with $BLOCK
- Book stays in $BLOCK homes
- Get into $BLOCK events, with VIP access for stakers
- Hire cleaning, maintenance and upgrades from verified providers
- BuildWe develop a property and record it on-chain.
- OpenIt joins the ecosystem as homes to stay in and venues for events.
- UsePeople spend and stake $BLOCK to book, attend and hire services.
- GrowRevenue from stays, events and services supports the next development.
Where we are today
Land, partners and a first project ready to build.
Our first development, partner capital and property pipeline are already in place.
First development
58 lots near Palm Springs
The land is owned by a private investor and shareholder in $BLOCK. Construction is planned to start three months after the token launch, in April 2027.
Development partners
$300,000 committed
Real estate developers and landowners have put in capital and committed their properties to the project.
Pipeline
Southern California
Numerous properties that are permitted or within city-approved plan districts. We are actively looking for more developers and landowners to join.
The problem
Real estate still moves on paper.
Property is one of the largest asset classes in the world, but buying, selling and financing it runs on paperwork, intermediaries and closings that take weeks.
Closings take a month or more
Offers, inspections, title searches, financing and escrow all happen in sequence.
Transfers settle in seconds
Tokenized ownership interests move on Solana, subject to the transfer rules each offering requires.
Fees on every transfer
Commissions, title, escrow and wire fees are paid again each time a property changes hands.
Fewer middlemen
Smart contracts handle record-keeping, escrow and payments that usually pass through several parties.
High minimums
Owning property usually takes a large down payment and a mortgage.
Smaller units
Ownership in a project can be divided so people take part with far less than a whole property.
Scattered records
Title, maintenance and financial records sit with counties, managers and lenders.
One record you can check
Each property's documents, milestones, appraisals and inspections are linked to an on-chain registry entry.
How it works
Every project follows the same six steps.
We don't stop at accepting crypto for rent. We develop the property, hold it in its own entity under our holding company, and tokenize it.
- 01
Select
Find a site and complete due diligence: zoning, feasibility, an independent appraisal and a budget.
- 02
Structure
Create a separate entity for each property we develop, owned by our holding company, so each project's assets and debts stay separate.
- 03
Build
Finance and develop the property, publishing permits and construction milestones to its on-chain record.
- 04
Tokenize
Represent ownership interests in the property's entity as tokens on Solana, linked to its registry entry.
- 05
Offer
Make project tokens available to eligible investors through a compliant offering, with identity checks.
- 06
Operate
Run the property, accept $BLOCK for stays and services, and report occupancy and financials on-chain.
Legal title is recorded with the county and held by each property's entity, which our holding company owns. Tokens represent interests in that entity. Inspections, insurance, permits and property taxes still apply, and every offering is structured with securities counsel before it launches.
The tokens
Two kinds of token, each with its own job.
$BLOCK is what people use across the ecosystem. Project tokens are ownership interests in a specific property, offered only under securities law.
$BLOCK
Payment and access token · trades on Solana
- Pay for stays, amenities and services at $BLOCK properties
- Buy tickets for events priced in $BLOCK
- Stake for early booking, discounts and VIP access
- Required stake for property partners, service providers and event organizers
Project tokens
Ownership interests · one set per property
- Represent interests in the entity that owns one property
- Offered to eligible investors through a compliant offering
- Identity checks and transfer rules apply
- Linked to the property's title, appraisals and inspections
Stays
Book with $BLOCK. A smart contract issues a digital key to the property's smart lock.
Events
Tickets, VIP areas and merchandise priced in $BLOCK.
Services
Cleaning, maintenance, furnishing and upgrades, paid into escrow until the job is confirmed.
Living
Rent, amenities and service fees at properties we develop.
Rewards
Earn $BLOCK for referrals, testing, feedback and community work.
Staking
Lock $BLOCK, unlock access.
Staking rewards are perks inside the ecosystem, not financial returns. Stakers get a non-transferable pass ($wBLOCK) that works at properties and events.
| Tier | Lock period | Early booking | Event tickets | Services | Also includes |
|---|---|---|---|---|---|
| Bronze | 30 days | 24 hours | 15% off | — | Basic amenity package |
| Silver | 90 days | 72 hours | 30% off | 5% off | Preferred seating, early entry |
| Gold | 180 days | 7 days | 50% off | 15% off | VIP seating, select backstage access |
| Platinum | 365 days | 14 days | Free for a year | 25% off | Dedicated concierge, annual members' retreat |
Staking is non-custodial. Unstaking early carries a penalty, with an emergency option for unforeseen circumstances.
Business model
Revenue from the property and the platform.
The $BLOCK holding company owns each property's entity, so it earns from the real estate and from the ecosystem that brings people to it.
Home sales and rentals
Sales of completed homes and rental income, starting with the Palm Springs lots.
Tokenization fees
Fees from partner developers and landowners to tokenize their properties.
Pool trading fees
A 1.2% fee on every trade in the $BLOCK pools the company provides liquidity to.
Stays and events
Bookings, tickets, VIP packages and sponsorships, paid in $BLOCK.
Services marketplace
A fee on cleaning, maintenance, furnishing and upgrade jobs booked through the platform.
Property management
Fees for operating and reporting on each tokenized property.
Tokenomics
New supply is released only as real use grows.
Nearly half the supply unlocks only as properties, events and users are added. Investors receive 7.5% at launch and the rest over 12 months. Team tokens are locked for a year, then vest over three years.
- Status
- Pre-launch
- Planned launch
- January 1, 2027
- Network
- Solana
- Standard
- SPL token
- Total supply
- 1,000,000,000 $BLOCK, fixed permanently
- Launch venue
- Meteora DAMM v2 pool, paired with USDC
- Starting liquidity
- 50,000,000 $BLOCK (5% of total supply) paired with 500,000 USDC. Initial liquidity permanently locked at launch; new pools funded from a 10% expansion reserve
- Launch price
- $0.01 per $BLOCK
- Pool trading fee
- 1.2% per trade (planned)
- Metadata
- Immutable (planned)
- Mint address
-
Published at launch
Only trust the address announced through official $BLOCK channels.
Roadmap
Where we are, and what comes next.
We report progress against these milestones in regular updates to holders. Dates are targets and may change.
- PHASE 1Q4 2026
Pre-launch
Holding company and first property entity set up; current investment round closed; listing agreements finalized with launch-week exchanges.
- PHASE 2Jan 1, 2027
Token and platform launch
$BLOCK launches on Meteora DAMM v2, paired with USDC, with 5% of total supply in the liquidity pool and the initial liquidity permanently locked. Bookings, staking, $wBLOCK passes and event tickets go live the same day.
- PHASE 3From launch week
Centralized exchange listings
First centralized exchange listings targeted for launch week, then more tier-2 listings and applications to tier-1 exchanges, each with liquidity from the expansion reserve.
- PHASE 4Apr 2027
First development
Construction begins on the 58 lots near Palm Springs. Partner properties from the pipeline begin joining the ecosystem.
- PHASE 5Jul 2027
First event
The first $BLOCK event, priced in $BLOCK, with VIP access for stakers. Service provider network live.
- PHASE 6Q4 2027
First tokenized offering
Ownership interests in the first development offered to eligible investors.
- PHASE 72028
Expansion
More developments from the Southern California pipeline, new partner developers, more exchanges and new markets.
Team and contact
Talk to the team.
Partners, property owners, service providers and investors can reach us directly.
Founder
Vlad Chiriac
Founder of $BLOCK, based in Los Angeles, California. Experienced in the Solana ecosystem, where he has worked alongside numerous large developers and with centralized exchanges on past token launches. $BLOCK works alongside real estate developers and landowners who have committed capital and properties to the project.