Elevex is excited to announce its collaboration with E Money Network.
E Money Network stands as the pioneering public permissioned blockchain that integrates Know Your Customer (KYC) and Anti Money Laundering (AML) processes on-chain. It offers MiCA-compliant infrastructure with robust bank-grade security catering to both individual and institutional users.
E Money Network has a proven track record with over $3M+ in funding from tier 1 VCs such as Animoca Brands and currently running over $2M grant program for developers.
Meet EleveX
EleveX is a decentralized exchange (DEX) that redefines real estate access by making both individual property projects and city-wide markets liquid and easy to trade. We offer seamless access to tokenized assets, helping users understand market trends and specific project details like renovations and rentals. With EleveX, real estate trading becomes straightforward, transparent, and accessible for everyone.
Core Features
EleveX offers several groundbreaking core features:
- Project Launchpad: Allows top-tier real estate projects to acquire funding from interested buyers. These projects undergo rigorous due diligence to ensure high potential yields.
- Innovative Smart Contracts: Embed essential property details into the contract metadata, including token holder legal rights and ownership, valuations, property location, and more.
Trading Fractionalized Tokens
Trading fractionalized real estate project tokens is seamless with our secondary market exchange features on EleveX. Project token holders can freely enter or exit positions using various order types, including limit, market, and quick sale, allowing buyers to maximize their potential yield.
E Money Network
E Money Network serves as an L1 blockchain designed for seamless interoperability between DeFi 2.0 and RWA tokenization, effectively establishing a network that bridges the liquidity divide between Web 2.0 and Web 3.0.The E Money Network ecosystem will offer services like RWA tokenization, launchpads, borrowing/lending, and on-chain credit scoring. Unlike traditional blockchain platforms, E Money Network has a modular foundation with identity, compliance, ownership, and custody proofs.
EleveX & E Money Network
As part of phase 1 of our partnership, EleveX will integrate the E Money Network wallet — E Money Wallet into our platform. This wallet is extremely suitable for our user base as it will help onboard traditional real estate investors easily into our Web3 real estate platform. They will have the comfort of using banking features for managing their assets through the use of IBANs integrated in the E Money Wallet, and will be able to on-ramp and off-ramp crypto easily without using a third party app. This will enable traditional users to navigate Web3 easily.
Furthermore, E Money Wallet’s integrated KYC modules will enable EleveX to ensure regulatory compliance. Only users that pass E Money Wallet’s KYC checks will be allowed to access the functionalities of the EleveX platform and participate in its ecosystem.
This is just the beginning of a great partnership with many more integrations to come down the line.
