Platform features

Magma offers a robust set of features designed to enhance the management, interoperability, and sustainability of real estate assets through digital innovation. Key features of the platform include:

1. Digital Twin Token (DTT®)

The Digital Twin Token (DTT®) Card
  • Unique Digital Asset: Each property is represented by a Digital Twin Token (DTT®), a digital asset minted on the blockchain, serving as a single source of validated data for all stakeholders.

  • Comprehensive Dataroom: The DTT® is a secure, immutable repository for all property documents, including title deeds, architectural plans, financial statements, and compliance certificates.

  • Stakeholder Collaboration: Property owners, managers, architects, notaries, and other stakeholders can upload, validate, and update documents, ensuring the DTT® remains current and accurate.

2. 3D Digital Twin Viewer

  • Interactive 3D Model: Explore the property in detail through an immersive 3D model that reflects the real-world building.

  • Dynamic Updates: Stakeholders can set and update element and equipment metadata or upload their documents, ensuring that the digital twin evolves in tandem with the physical property.

3. Magma Index

The Magma Index
  • Digitization Assessment: The Magma Index evaluates the level of digitization of each property based on the data integrated into its DTT®, offering a clear metric of the building’s digital maturity.

  • Five-Level Structure: The index is formed of five levels, from basic property documentation (Genesis) to advanced interior design elements (Filled), providing a comprehensive view of the building's digital footprint.

  • Value Optimization: By tracking and improving the Magma Index, stakeholders can enhance the operational efficiency, environmental sustainability, and overall value of the property.

4. Blockchain-Based Validation

Data validation and reward mechanism
  • Immutable Record: All validated documents are hashed and their hash is recorded on the blockchain, ensuring an immutable history of property data that cannot be altered or tampered with.

  • Incentive Mechanism: Stakeholders who contribute to the upkeep and validation of a property’s DTT® are rewarded with Magma Reputation Tokens (MRT), incentivizing active participation in maintaining accurate and up-to-date property information.

  • Automated Reward Payment: Each building has its dedicated wallet, enabling seamless payment of contributions to stakeholders. This wallet automatically distributes tokens to the stakeholders’ wallets without any intermediary.

5. Magma Tokens

  • Magma Token ($MGTN):

  • Magma Reputation Token ($MRT): MRT can be used within the Magma ecosystem, for stablecoin retribution, access to services, or voting in the DAO, fostering engagement and ensuring that the platform continues to grow and evolve.

6. Magma DAO (Decentralised Autonomous Organisation)

  • Magma DAO: The DAO is the governance backbone of the Magma ecosystem. It empowers the community of $MGTN and MRT token holders, to shape the evolution of the platform, collectively and transparently.

  • DAO use cases: Token holders will be able to oversees and decides on: platform upgrades, data standards, the validation protocol, third party integrations, partnerships etc.

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