Vestate

Vestate (VES) is a digital currency that operates on the Ethereum blockchain, introduced in 2024. It supports an AI-powered proptech platform that aims to modify the international real estate market by tokenising real estate agent commissions and integrating traditional real estate agents with blockchain-based real estate projects. The platform focuses on tokenising commissions from real estate transactions to enable seamless distribution of commissions, staking privileges, and a cohesive ecosystem through the use of the $VES token​​​​.

The functionality of Vestate encompasses several key areas, primarily aimed at addressing challenges within the real estate sector through the use of blockchain technology:

• Commission Distribution: VES facilitates a transparent and efficient method for the distribution of commissions in real estate transactions, utilising a mix of stable and native tokens to ensure clarity and accuracy in commission allocation.
• Staking for Services: Through staking VES tokens, users can increase the visibility of property listings, gain access to additional services, and avail of special offers and agent-related discounts on the platform.
• Unified Ecosystem: The $VES token plays a crucial role in the platform, enabling users to participate in sales targets setting and contributing to the platform's development. The token helps in creating a consistent and effective environment for all users within the Vestate ecosystem​​.

**The official Vestate ticker is “VES” and trades under that name on all the exchanges where it has been listed. The designation “VESTATE” is for CryptoCompare.com only.*