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Yes, PropTech’s Smart Contracts have been thoroughly audited by the independent third-party firm ‘SoluLab’. This rigorous audit ensures that our operations maintain the highest level of integrity and that our Members’ PTEK are securely locked within the Smart Contracts. The complete audit report is available on our website’s ‘Smart Contract’ page, and it is also accessible directly by clicking on ‘Audit Report’.
PropTech is committed to full transparency. All the Education Staking packs are sold via Smart Contract and the total PTEK locked in the Smart Contracts are available through PropTech blockchain ‘Explorer’ as well as on our website's ‘Smart Contract’ page. Our members have full access to these reports. To further demonstrate our commitment to transparency, we have also made our Smart Contract code publicly available on ‘GitHub’.
We prioritize the security of our investors' funds above all else. Our Members purchase Education Staking packs which include world-class training programs offered by our partner, 'The Effort Bank’ (available after full launch). PropTech utilizes cutting-edge Smart Contract technology to protect our Members’ PTEK investment. These Smart Contracts securely lock our Members’ PTEK, ensuring that no one can manage or alter them. Our risk management strategies are meticulously designed to minimize potential losses, and we uphold complete transparency in all transactions.
Yes, PropTech Social is a fully registered company operating under the legal frameworks of our jurisdiction in the UAE, operating under the parent company in Canada and sister concern companies in the UK and USA. We adhere to all regulatory requirements, and our operations are overseen by the appropriate authorities. Our registration details and certifications can be reviewed through our website’s ‘About Us’ page.
When our Members purchase any of the Education Packs, a Smart Contract is created, governed by a predefined set of rules embedded in its code. These rules ensure the security of our Members' PTEK by locking them within the Smart Contract. No one has access to alter this Smart Contract, and the PTEK can only be unlocked directly to the Members' wallet. The terms and conditions of the Smart Contract, can be viewed on our website’s ‘Smart Contract’ page. This agreement details our Members’ rights, obligations, and the company’s responsibilities, ensuring full protection for both parties.
Like any investment, there are inherent risks, including market volatility, operational risks, and changes in regulatory environments. However, the fact that our Members receive the Education products (available after full launch) they have purchased mitigates these risks. PropTech’s Smart Contract is specifically designed to address these concerns by ensuring that the PTEK our Members invest is automatically returned to their wallet without any human intervention. Additionally, in the event of market volatility, the Smart Contract is structured to compensate for any drop in PTEK price below the amount our Members have paid for their Education Pack by paying out additional PTEK to cover the loss up to their original purchase amount. These safeguards are embedded in the Smart Contract to ensure our Members can securely receive their funds. Full details of the Smart Contract operations can be found on our website’s ‘Smart Contract’ page.
Receiving PTEK rental income is a simple and straightforward process. All PTEK transactions are governed by the Smart Contracts, ensuring there is no human involvement. Every Friday, the Smart Contract automatically transfers the rental income PTEK directly to our Members' wallets. All of these transactions are publicly available through PropTech blockchain ‘Explorer’. Once again demonstrating our commitment to transparency.
In the unlikely event that PropTech Social ceases operations, our Members’ PTEK remains protected through our Smart Contract system. At the conclusion of the Smart Contract, our Members will automatically receive their PTEK back into their wallets without any human intervention. If the PTEK price falls below the amount our Members have paid for their Education Pack, the Smart Contract will compensate by paying out additional PTEK to cover the loss up to their original purchase amount. These measures are embedded in the Smart Contract to ensure our Members can securely receive their funds. The full details of Smart Contract operations can be viewed on our website’s ‘Smart Contract’ page.
Our Smart Contract is designed to be immutable once it is signed, ensuring the integrity of the agreement and protecting our Members. Even PropTech cannot alter the contract. At the end of the 3-year Smart Contract term, Members' PTEK will automatically be sent back to their wallets. The full details of Smart Contract operations can be viewed on our website’s ‘Smart Contract’ page.
PROPTECH Smart Inc
7030 Woodbine Avenue,
Suite 500, Markham,
Ontario L3R 6G2,
Canada
Registration No: 100760593
PROPTEK LLC
Fifth Third Building,
600 Superior St, East
Cleveland, OH 44114,
United States of America
Registration No: 5132926
PROPTEK Holding Ltd
Wellesley House,
102-Cranbrook Road,
Ilford, London IG1 4NH,
United Kingdom
Company No: 15180604
PROPTEK FZCO
Dubai Silicon Oasis,
DDP, Building A1,
Dubai,
United Arab Emirates
License No: 34668
We are committed to creating a leading PropTech company by leveraging the power of AI, Web 3.0, Blockchain, and Smart Contract technologies through our strategic partnerships globally.
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