Daedalus Labs Announces RESIN, a Rent-to-Own Real Estate Platform Powered by Bitcoin

June 18, 2024 – AMSTERDAM – Daedalus Labs is excited to announce the development of RESIN, a groundbreaking platform set to revolutionize the real estate landscape

Daedalus Labs, a company known for its work in bridging the gap between Bitcoin and real-world applications, has announced the development of RESIN, a platform that will allow buyers to purchase a home via a rent-to-own model, without the traditional dependency on banks.

Daedalus Labs will also be working with industry leaders DIGTL and Blockstream through their collaboration on the Liquid Network, an open-source Bitcoin layer-2 network focused on building capital markets and RWAs on top of Bitcoin.

RESIN is a new rent-to-own model that leverages Bitcoin. Daedalus Labs is building RESIN to redefine home buying. At the core of RESIN is a groundbreaking concept: enabling individuals to purchase a property without the traditional dependency on banks or fiat.

RESIN will leverage the deflationary properties of Bitcoin, taking it beyond its usual role as a payments network and into the world of real estate. RESIN aims to increase accessibility to both real estate and real estate investments, making it easier for everyday investors to participate in an industry traditionally reserved for the select few. Users will soon be able to use RESIN to acquire properties through a rent-to-own model, while also lowering the threshold for investors to enter the real estate market. Rent will be converted into bitcoin, which is expected to appreciate over time as demand for Bitcoin continues to grow. No need for a down payment or high credit rating.

In addition to developing RESIN, Daedalus Labs has also announced that it has joined the Liquid Federation, a globally distributed group of more than 65 Bitcoin-centric companies that manages and secures the Liquid Network. This strategic move aligns Daedalus Labs with a consortium of Bitcoin wallets, exchanges and other leaders dedicated to enhancing Bitcoin's scalability and layer-2 interoperability.

According to the announcement, this collaboration will enable Daedalus Labs to distribute earnings to investors even in a high-fee environment, while also allowing users to transact with USDT on Liquid to avoid volatility. They also see potential for Liquid in areas such as equity ownership, equity payouts, and accepting less volatile currencies for clients who prefer this.

Daedalus Labs is on a mission to solve the real-world problems that have plagued the real estate market for decades, such as lack of transparency, high entry barriers, and limited accessibility. With RESIN, users will soon be able to acquire a property through a rent-to-own model and seamlessly invest in real estate properties backed by Bitcoin. This will bridge the gap between Bitcoin and tangible assets, without banks or governments.

"Big tech has monopolized innovation for too long, creating systems that benefit the few while excluding the many,” said Maya Parbhoe, CEO of Daedalus Labs. “With RESIN, we're breaking down these barriers, offering a decentralized, transparent, and collaborative platform for community real estate investment."

Daedalus Labs invites investors, enthusiasts, and the broader community to join the RESIN revolution. Stay tuned for further announcements as we prepare to launch later this year and redefine the future of Bitcoin-based real estate.

News source：https://www.kdj.com/cryptocurrencies-news/articles/daedalus-labs-announces-resin-rent-real-estate-platform-powered-bitcoin.html

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