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Mapstone Launches on Ethereum, Connecting Real-World Locations With Blockchain Ownership

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Mapstone Launches on Ethereum, Connecting Real-World Locations With Blockchain Ownership

Mapstone, a blockchain-native platform, is now live on Ethereum, connecting physical street addresses and U.S. postal codes with digital assets people can collect and trade. Users can compete for monetary rewards based on real-world housing-market performance and earn royalties from activity tied to those locations.

The launch comes as financial institutions expand their use of blockchain to represent and transfer assets. Citi Institute projects that tokenized financial assets could reach $5.5 trillion by 2030. In August, BlackRock introduced two new tokenized money-market products, including a share class recorded on Ethereum. These developments extend blockchain technology beyond digital currencies and into traditional financial markets.

But one of the world’s largest asset classes still presents significant challenges for tokenization: real estate. A recent article published by the American Bar Association highlights obstacles including connecting blockchain records with legally recognized property ownership and existing recording systems.

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Mapstone approaches that opportunity by exploring a different use for the technology, built around something familiar to everyone: physical addresses.

Rather than beginning by tokenizing buildings, Mapstone starts with geography itself, giving physical addresses a unique digital identity on the blockchain. The platform connects those identities with housing-market data, smart contracts and programmable on-chain economics.

Unlike conventional collections built around a preselected set of items, Mapstone draws from the physical world itself. Users can search for any address and have a corresponding non-fungible token (NFT) created on demand on the Ethereum blockchain, a process known as minting.


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