CareYield's Upcoming Launch on Oceanpoint: A New Era of Healthcare Real Estate Tokenization

CareYield, a leading-edge digital platform focusing on fractional ownership of healthcare real estate, is set to launch its marketplace campaign 'Careblok' on Oceanpoint’s launchpad.

A picture of Julia Buchholz

Careblok by CareYield, a leading-edge digital platform focusing on fractional ownership of healthcare real estate, is set to launch its marketplace campaign on Oceanpoint’s launchpad. This campaign represents a significant milestone for the platform, combining tokenization technology with healthcare assets. Investors from the Blocksquare ($BST) community will be able to pledge their staked BST tokens (sBST) from September 27, 2024, onwards, and vote for CareYield’s marketplace to go live.

If the campaign reaches its full funding target, CareYield will gain 100% access to Blocksquare’s tokenization protocol technology, which powers their decentralized marketplace infrastructure. They will also benefit from additional services, including a lifetime license for a white-label marketplace solution. This will enable CareYield to tokenize and manage healthcare real estate and medical assets, paving the way for a decentralized marketplace that could revolutionize the way healthcare real estate is accessed by both investors and providers.

What is Tokenization and Why It Matters

Tokenization refers to converting real-world assets, such as real estate or medical groups, into digital tokens that are stored and traded on a blockchain. By tokenizing assets, CareYield will enable fractional ownership, allowing a broader range of investors to participate in the healthcare real estate sector. Tokenized assets can be traded on secondary markets, giving investors liquidity and access to a sector that has traditionally been restricted to institutional investors or high-net-worth individuals.

CareYield is focused on making healthcare real estate more accessible and easier to manage. By leveraging tokenization, they offer investors an opportunity to own shares in high-demand, recession-resistant assets like assisted living facilities, biotech labs, and medical groups. With tokenization, property owners can also unlock capital by selling shares of their assets without losing ownership entirely, thus improving liquidity.

Key Performance Indicators (KPIs)

CareYield has set ambitious goals to be achieved within the first 12 months following the successful campaign on Oceanpoint. These KPIs outline the platform’s strategic objectives in three core areas: asset tokenization, user acquisition, and partnerships.

  • Tokenization of Healthcare Assets: The company aims to tokenize at least five healthcare assets with a combined value of $20 million. These assets will include at least two types of healthcare assets such as real estate (e.g., healthcare facilities) and medical groups.

  • User Acquisition: CareYield is targeting 500 registered users within the first 12 months. The platform will use a user-friendly interface and educational resources to onboard users who may be new to decentralized finance and healthcare real estate investments.

  • Partnerships and Collaborations: CareYield plans to establish at least five strategic partnerships with healthcare organizations or companies. These collaborations will be crucial for building a robust ecosystem of healthcare providers and investors.

By meeting these KPIs, CareYield will not only solidify its position in the healthcare real estate market but also provide a new gateway for everyday investors to enter a high-yield, stable industry.

Oceanpoint Launchpad Campaign Details

The Oceanpoint launchpad campaign for Careblok, which is going to be the marketplace name, begins on September 27, 2024, and runs through October 26, 2024. During this 30-day period, the community can pledge their sBST tokens to help fund Careblok’s marketplace pool. Here are the key campaign details:

  • Campaign Name: Marketplace Pool - Careblok
  • Project Website: CareYield.io
  • Pool Address: 0xd69f1a1f65c27b4dddd64da452f74fe6da67ade7
  • Pool Token Symbol: MPOOL-CBK
  • Initial Maximum Pledge: 2,000 sBST per wallet
  • Community Lock: 182.5 days (this lock ensures long-term commitment, with 50% of the CP collateral locked for half the CP collateral lock period)
  • Project Collateral: 586 sBST (this collateral acts as a safeguard and commitment from the CareYield team)
  • CP Collateral Lock: 365 days
  • Campaign Duration: 30 days, starting from September 27, 2024, at 10:00 AM GMT, and ending on October 26, 2024, at 10:00 AM GMT.

This campaign offers a unique opportunity for the Blocksquare community to participate in CareYield’s mission. By pledging sBST tokens, investors play a crucial role in the successful launch of a platform that seeks to reshape healthcare real estate investment through tokenization.

How to Participate in Careblok’s Oceanpoint Campaign

For those interested in contributing to Careblok’s launchpad campaign, here is a step-by-step guide on how to pledge your sBST tokens:

Step 1: Stake Your BST Tokens

To participate, you first need to stake your BST tokens on the Oceanpoint platform. Staked BST tokens will convert into sBST, which acts as the governance token for marketplace pools.

  • Visit Oceanpoint.fi and connect your wallet.
  • Stake your BST tokens, and in return, you will receive sBST tokens.

Step 2: Access the Careblok Marketplace Pool

Once you have your sBST tokens, navigate to the Oceanpoint launchpad and find the Careblok campaign under the “Marketplace Pools” section.

  • Go to the “Marketplace Pools” area of the Oceanpoint platform.
  • Search for the Careblok marketplace pool and click on the details to explore the campaign. (MPOOL-CBK)

Step 3: Review Campaign Details

Before making a pledge, review the information provided for the 'Careblok' campaign. You can find essential details such as the maximum pledge amount, the duration of the campaign, and the goals set by the CareYield team. You can also ask any questions in their campaign forum here.

Step 4: Pledge Your sBST Tokens

If you decide to participate, you can pledge up to 2,000 sBST per wallet in stage 1, increasing over time to bigger size pledge amounts until 100000 sBST maximum. Your pledge will be locked for 182.5 days and your double-staked BST will give you boosted returns.

  • Input the number of sBST tokens you want to pledge.
  • Approve deposit allowance.
  • Deposit and Confirm your pledge - follow the on-screen instructions.

Step 5: Track Campaign Progress

You can monitor the campaign's progress through the Oceanpoint dashboard, which will show how much funding has been raised and other key milestones. You’ll be able to see real-time updates as the campaign progresses.

The Road Ahead: CareYield’s Future Offerings

If the campaign is successful and reaches its full funding target, CareYield plans to launch its first healthcare asset offerings on a branded marketplace called 'Careblok' powered by Blocksquare’s tokenization technology. This platform will give investors access to tokenized shares in healthcare real estate, offering liquidity and the potential for high returns in a traditionally stable market.

Careblok is poised to bring significant changes to the healthcare real estate sector. With tokenization, decentralized ownership, and a focus on accessibility, the platform offers a glimpse into the future of real estate investing. Whether you're an experienced real estate investor or someone new to blockchain technology, CareYield’s campaign offers an exciting opportunity to be part of this revolutionary platform.

For more information on how you can participate, visit Oceanpoint and explore the upcoming Careblok marketplace pool today.

···