What is Firdaos (FDO) | What is FDO token
Firdaos removes the need for third parties such as real estate agents while turning properties into smart contracts stored on a decentralized ledger.
ZelaaPayAE is a blockchain solution provider in the United Arab Emirates and the entire Gulf Area. Today, ZelaaPayAE is expanding its position by entering the DeFi ecosystem with Firdaos: a platform that bridges the worlds of decentralized finance and real estate investing.
Firdaos is a DeFi platform aiming to empower anyone, anywhere in the world, to benefit from investing in the real estate sector of the United Arab Emirates. Firdaos disrupts the traditional real estate ecosystem through blockchain technology and DeFi, which allows converting real estate assets into flash liquidity pools crowdfunded by a decentralized community of cryptocurrency investors from around the world.
The core idea of DeFi is removing the human element from traditional investment mechanisms, and replacing it with advanced blockchain technology. Firdaos does exactly this by removing the need for third parties such as real estate agents, while turning properties into smart contracts stored on a decentralized ledger, assuring the privacy and security of the entire process. Firdaos adds a DeFi aspect to UAE, and enables all the token holders to become real estate investors. By holding and staking a certain amount of FDO, investors are able to participate in the decentralized, crowdfunded liquidity pools. Every backer who contributes towards successfully funding the asset pool receives an assured fixed percent of yield in a specified tenure linked to property.
Firdaos removes the need for third parties such as real estate agents while turning properties into smart contracts stored on a decentralized ledger.
ZelaaPayAE is one of the leading blockchain solution providers in the United Arab Emirates, and the entire Gulf Area. Today, ZelaaPayAE is expanding its position by entering the DeFi ecosystem with Firdaos: a revolutionary platform that bridges the worlds of decentralized finance and real estate investing.
The real estate sector in the United Arab Emirates is expanding at a rate that is extremely attractive to investors. The UAE property market is expected to continue growing at an annual rate of 7.4% and reach USD 132.5 billion by the end of 2024. Thanks to successful government policies, the real estate sector of the United Arab Emirates has effectively dealt with the aftermath of the COVID-19 pandemic and still keeps expanding — fueled largely by the growing tourism and rising foreign investments.
Firdaos is a DeFi platform aiming to empower anyone, anywhere in the world, to benefit from investing in the real estate sector of the United Arab Emirates. Firdaos disrupts the traditional real estate ecosystem through blockchain technology and DeFi, which allows converting real estate assets into flash liquidity pools crowdfunded by a decentralized community of cryptocurrency investors from around the world.
The core idea of DeFi is removing the human element from traditional investment mechanisms, and replacing it with advanced blockchain technology. Firdaos does exactly this by removing the need for third parties such as real estate agents, while turning properties into smart contracts stored on a decentralized ledger, assuring the privacy and security of the entire process.
Firdaos adds a powerful DeFi aspect to UAE, and enables all the token holders to become real estate investors. By holding and staking a certain amount of FDO, investors are able to participate in the decentralized, crowdfunded liquidity pools. Every backer who contributes towards successfully funding the asset pool receives an assured fixed percent of yield in a specified tenure linked to property.
Tokenomics:
Firdaos ($FDO)
Total Supply: 3,000,000 FDO
Presale Allocation: 750,000 FDO
Presale Price: $0.35/FDO
Softcap: 40 ETH
Hardcap: 440 ETH
Minimum/Maximum: 0.5 ETH/3 ETH
**Date: **26th December, 10 PM UTC
**Rewards Pool for Staking FDO on Firdaos: **1,000,000 FDO
Security Audits, New Listings & Promotions: 650,000 FDO
**Initial Liquidity on Uniswap: **500,000 FDO
Team (Vesting): 100,000 FDO
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