SUMOTEX

Founded in 2021, Sumotex was established to revolutionize the long stagnated real estate industry. Traditional (Web2) Real Estates are known to be illiquid, expensive, and vague where we think that it is time for web3 Real Estate to take over.  Our NFTs carries a special trait:Ownership to our investments (metaverse or off-chain assets). Furthermore they will be able to stake their NFT on the IOTEX blockchain while mining token from the Ethereum Network.

Institutional finance has always been the foundation of our economic growth, a paradigm shift towards blockchain is unavoidable. SUMOTEX always believe that the stagnated institutional finance and real estate sector is poised to be disrupted with our Web3 solution, the AssetFi protocol. Our protocol is based on the tokenization of off-chain assets ( Real estates, bonds, funds, company shares).