FAQ

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Stellarise  â€¢  4 categories  â€¢  23 articles

General

Stellarise is a blockchain-powered platform that helps property owners verify their ownership and market their properties with confidence. We use NFTs as digital certificates of authenticity, not as investment instruments.

No. Stellarise uses NFTs solely as digital verification certificates for property marketing. We do not facilitate securities, investment products, or fractional ownership. Property sales follow standard legal processes through licensed lawyers.

Stellarise uses blockchain technology to create tamper-proof digital certificates that verify property ownership. This is used purely for marketing purposes — proving to potential buyers that a seller is the legitimate owner. No cryptocurrency is used for transactions.

No. The entire process is designed for non-technical users. You do not need to own cryptocurrency or understand blockchain to get verified. Stellarise handles the technical process for you.

Stellarise uses the Algorand blockchain, known for its speed, low cost, and environmental sustainability. Algorand is a carbon-negative blockchain, making it an eco-friendly choice for property verification.

For Property Owners

Simply create an account on Stellarise, submit your property details and ownership documents. Our system verifies the information and mints an NFT certificate that proves your ownership on the blockchain.

The Verified Owner badge means your property ownership has been confirmed and recorded on the blockchain. When buyers see this badge, they know you are the registered property owner, not a middleman.

Minting or creating a property NFT on Stellarise is affordable with minimal blockchain fees. The cost covers the verification process and blockchain recording. Visit our Get Verified page for current pricing.

Yes. Each property gets its own unique NFT certificate. You can verify as many properties as you own, and each one will have its own Verified Owner badge.

No. Your sensitive ownership documents are only used during the verification process. The blockchain certificate proves your ownership without exposing private information to potential buyers.

For Property Buyers

Verified sellers display a ‘Verified Owner’ badge on their listings. You can also check the blockchain certificate directly to confirm the verification is authentic and has not been tampered with.

Yes. Use the search filters on Stellarise to show only properties with verified ownership. This saves you time by focusing on legitimate listings from confirmed property owners.

Verification confirms ownership, not property condition. We recommend always conducting your own due diligence, including property inspections and legal checks, before making any purchase decision.

Property purchases follow standard legal channels. A licensed lawyer must legalize the transaction and handle the transfer of ownership. Stellarise helps establish trust at the beginning — the actual sale follows normal legal processes.

NFT & Blockchain

On Stellarise, an NFT (Non-Fungible Token) is a unique digital certificate that represents and verifies property ownership. Think of it as a tamper-proof digital deed stored on the blockchain. It is used for marketing and verification purposes only.

When a property is sold through the standard legal process, and a lawyer legalizes the transaction, the smart contract transfers the NFT to the new owner. This keeps the blockchain record up to date.

No. Each NFT is uniquely recorded on the blockchain, making it impossible to forge, duplicate, or alter. This is one of the key advantages of blockchain-based verification.

To interact with the blockchain features, you will need an Algorand wallet. Stellarise guides you through the simple setup process. No prior blockchain experience is needed.

Blockchain technology is a decentralized system that securely and transparently stores data across multiple networked computers by linking records into an immutable chain, using cryptographic algorithms to ensure data integrity and security, making it highly effective for safeguarding digital assets like NFTs and real estate records. Stellarise handles the technical process for you.

Blockchain’s reliability stems from its immutability, meaning recorded data cannot be altered; transparency, which allows all participants to verify information; and consensus mechanisms like Proof of Work or Proof of Stake, which ensure agreement on transaction validity, collectively safeguarding data from tampering and unauthorized access.

NFTs enhance transparency in real estate by providing an immutable blockchain record of ownership and transactions, reducing fraud risk, and enabling smart contracts to automate processes like title transfers, thus lowering costs and speeding up transactions, although adoption faces challenges like market acceptance and regulatory uncertainties.

Privacy concerns include the potential exposure of sensitive ownership information; these can be addressed through encryption techniques, permissioned access models to restrict data visibility, and compliance with regulations like GDPR, ensuring data privacy while maintaining blockchain’s transparency and security benefits.

The benefits of integrating NFTs in real estate include enhanced transparency, reduced fraud, and streamlined transactions through automation. However, challenges such as market hesitancy, regulatory uncertainty, technological infrastructure, and the need for widespread adoption must be navigated to fully realize this innovative approach.

When you market multiple properties, you have one token link to each property but you cannot have multiple NFT token for one property. .

When Stellarise give you the Badge-Owner Verified-NFT, we handle for you the NFT on the blockchain, so you can focus on marketing your property.

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