Summary

Project Summary

Prestio offers a community-owned and operated solution to service working capital in the commercial real-estate finance industry, which has long been dominated, and in many cases neglected, by traditional financial institutions. Through our innovative Asset Warehousing Model, we have developed a mechanism for bringing real-world assets on-chain, opening the door to secure, and collateralized lending opportunities for the DeFi community. The future of decentralized real-estate finance starts with Prestio. Our mission: “Unbanking” real-estate finance.

While the world continues to adapt to advances in blockchain and DeFi technology, the opportunity to reinvent the link between digital and physical worlds presents the next major challenge. Delivering this solution requires consideration of a multitude of variables. But doing so successfully unlocks an almost limitless potential to change how businesses and individuals transact.

Recent developments in DeFi offer an interconnected global community the opportunity to collaborate on delivering the future of the financial services industry. This equitable approach provides growth through both market expansion, serving the underserved market that lacks access to a full range of financial services, and through displacement, providing direct competition to banks and private lending institutions who have long held monopolized positions due to regulatory constraints and early-mover advantages. And liquidity shortages in the commercial real estate market are a key example that presents a clear and urgent need for innovation - a ideal fit for DeFi.

DeFi borrowing and lending projects have gained positive attention in recent years for their ability to deliver practical, fair, efficient, secure, and transparent solutions which are community-owned and independent of any significant centralized authority. Prestio is a solution that aims to leverage this momentum to build a bridge between DeFi community lenders and real-world asset owners, using the commercial real estate market as an entry point.

Prestio was born from a deep understanding of DeFi, legal/regulatory frameworks, real-estate, and the value that can be achieved where those fields intersect. Prestio represents one of the most significant opportunities in blockchain to date, in a market segment worth over USD 10,000,000,000,000.

The asset warehousing model developed by Prestio enables assets to be brought on-chain and used as collateral for borrowing. With clear and transparent appraisal models, interest reserves, liability assessments and reserves, and the use of NFT technology, Prestio both democratizes access to information in relation to real-estate financing opportunities and enables a safe and secure mechanism to onboard real-world assets on-chain.