FAQs

The First Decentralized Real Estate Marketplace

General Questions

What is OneSquare?

OneSquare is a decentralized real estate marketplace built on the Ethereum blockchain, offering 24/7 real estate closings, proof of funds generation, Web3 self-custody, protocol transparency, and real-time asset verification.

What makes OneSquare unique?

OneSquare combines blockchain technology with real estate, providing a transparent, efficient, and secure platform for real estate transactions. It eliminates intermediaries, reduces costs, and ensures real-time verification and 24/7 closings.

How does OneSquare benefit the real estate industry?

OneSquare streamlines the real estate transaction process, enhances security and transparency, reduces costs, and provides a decentralized environment where users have full control over their assets and transactions.

OneSquare Token (OSE)

What is the OneSquare Token (OSE)?

OSE is an ERC-20 utility token that powers the OneSquare ecosystem. It is used for transaction fees, rewards, and governance within the platform.

How can I acquire OSE tokens?

You can acquire OSE tokens through our initial token sale, on various cryptocurrency exchanges, or by participating in platform activities that reward OSE tokens.

What are the main uses of OSE tokens?

  • Transaction Fees: Pay for transaction fees on the platform.

  • Rewards: Earn OSE for participating in the ecosystem.

  • Governance: Vote on platform updates and proposals.

Decentralized Real Estate Marketplace

How does the decentralized marketplace work?

OneSquare's marketplace connects buyers, sellers, and agents in a trustless environment using smart contracts, ensuring secure and efficient transactions without intermediaries.

How can I list my property on OneSquare?

To list your property, create an account on OneSquare, verify your identity, and follow the steps to list your property details on the platform.

What are the benefits of using OneSquare for real estate transactions?

Benefits include lower transaction costs, faster closings, enhanced security, transparency, and control over your assets.

24/7 Real Estate Closings

How are real estate closings handled on OneSquare?

Closings are handled automatically through smart contracts, allowing transactions to be completed at any time without delays.

What are the advantages of 24/7 real estate closings?

The main advantages include increased efficiency, reduced waiting times, and the ability to close deals at any time, providing flexibility for all parties involved.

Proof of Funds Generation

What is proof of funds generation?

Proof of funds generation is the process of verifying and demonstrating that a buyer has the necessary funds to complete a real estate purchase.

How does OneSquare generate proof of funds?

OneSquare uses blockchain technology to verify and generate proof of funds, ensuring that the buyer's funds are legitimate and available.

Web3 Self-Custody and Protocol Transparency

What is Web3 self-custody?

Web3 self-custody allows users to maintain control over their assets without relying on third-party custodians, ensuring security and ownership.

How does OneSquare ensure protocol transparency?

All transactions on OneSquare are recorded on the blockchain, providing a transparent and immutable ledger that can be audited by anyone.

Real-time Asset Verification

How does real-time asset verification work?

Real-time asset verification uses blockchain technology to instantly verify the ownership and status of assets, ensuring up-to-date and accurate information.

Why is real-time asset verification important?

It ensures that all parties have access to current and accurate information, reducing the risk of fraud and errors in transactions.

Security and Compliance

How does OneSquare ensure security?

We implement advanced security measures, including smart contracts, multi-signature wallets, end-to-end encryption, and regular security audits.

Yes, OneSquare complies with all relevant legal regulations to ensure a secure and trustworthy environment for users.

Governance

How does governance work on OneSquare?

Governance on OneSquare is decentralized, allowing OSE token holders to propose and vote on platform changes and updates.

How can I participate in the governance process?

To participate, you need to hold OSE tokens, which grant you the right to vote on proposals and platform updates.

Additional Support

Where can I get more information?

For more information, visit our official website, read our detailed whitepaper, or join our community channels.

How can I contact OneSquare support?

You can contact our support team through our official website, email, or social media channels for any inquiries or assistance.

Last updated