IHT Real Estate Protocol
Crypto Overview
Overview
IHT Real Estate Protocol was designed as a blockchain-based real estate platform that aimed to combine global real estate markets with the blockchain. The project intended to tokenize real estate assets, making property investment more accessible and liquid through cryptocurrency technology.
Purpose and Utility
The stated purpose was to create a decentralized real estate ecosystem where property assets could be divided into smaller, tradeable tokens, enabling fractional ownership of real estate. This would theoretically allow smaller investors to participate in real estate investments with lower capital requirements.
Current Status
As of the most recent available information, the project appears to be inactive. The official website is no longer operational, and there is minimal to no recent development activity visible on public repositories. Trading volumes are extremely low, and there is no evidence of active real estate tokenization taking place on the platform.
Business Model Analysis
The intended business model of tokenizing real estate assets would have been compliant with Islamic principles, as it involved the trading of real assets (properties) and aimed to provide genuine utility through fractional ownership. However, the project failed to achieve meaningful adoption or implementation of its stated goals.
Development and Adoption
There is no evidence of recent development activity or meaningful adoption of the platform for its intended real estate tokenization purpose. The token appears to exist primarily as a traded asset on various exchanges, with minimal utility beyond trading.
Crypto Impact
To assign a comfort level investing in IHT Real Estate Protocol from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to IHT Real Estate Protocol.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.