According to the company, Vanesse is a service that introduces blockchain technology in real estate transactions as part of the disclosure of asset tokenization, divides real estate assets into small pieces through smart contracts, and sells them to small investors.
Through this, investors can participate in profitable real estate investments in small amounts and invest more safely, according to the company.
Profits such as rent are also distributed according to shares, and individual investors, real estate owners and developers can be connected to lower entry barriers to global real estate investment, the company said.
Cross International LLC said, “Starting with the listing of Vanesse, we will communicate more actively with Korean investors and investors around the world,” adding, “We will make sure that Vanese issued in the future can be traded in more diverse places.”
“In the Korean market and the global real estate market, where interest in the real estate market and the blockchain market is high, Vanesse will use blockchain technology to solve problems in the existing real estate market and help both investors and real estate developers build a win-win ecosystem,” he added.
The auction can talk about difficulties in analyzing rights, the issue of real estate delivery after purchase, and the issue of lien and bonds that he/she does not know.
It is also pointed out that these shortcomings of real estate are recognized in the tokenization section through the blockchain, and each real estate is the same as or may be discussed with the landowner.
In addition, as part of the Vanessse ecosystem, Cross International LLC will open Vanesseshop, a blockchain meta shopping mall.
Vanesse plans to evolve into “meta shopping” that provides users with a better shopping experience by utilizing data extracted from 900 companies with 70,000 products
Meta-shopping means providing discounts and additional services than the existing price when paying with coins among products from various shopping sites.
Vanesse said, “The goal is to develop into a platform so that users can easily become a coin payment system by maximizing human+tech synergy, and become like Google in the commerce field.”
Prior to this, Vanese is drawing keen attention from the entertainment and concert sectors as it plans to use the auction system through the TOPPING TV live platform, a leader in the media channel business.
Cross International LLC has been receiving love calls from all over Korea, including Sidus iHQ’s beauty subsidiaries Dussol Beauty, Moimsoft, and ACEPARK SPORTS COMPLEX, starting with entry into entertainment, sponsorship and sponsorship of concerts after launching it in the Korean market.