Platform features
Magma offers a robust set of features designed to enhance the management, transparency, and sustainability of real estate assets through digital innovation. Key features of the platform include:
1. Digital Twin Token (DTT®)
Unique Digital Asset: Each property is represented by a Digital Twin Token (DTT®), a non-fungible token (NFT) minted on the VeChain blockchain, serving as a single source of truth 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 structure.
Dynamic Updates: Stakeholders can create, modify, and annotate objects, zones, and systems within the 3D model, ensuring that the digital twin evolves alongside the physical property.
Metadata Integration: Attach metadata to specific building components within the 3D model, enriching the digital twin with detailed information on structural elements, MEP systems, and more.
3. 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
Immutable Record: All validated documents are hashed and recorded on the blockchain, ensuring an immutable history of property data that cannot be altered or tampered with.
Enhanced Security: Blockchain technology provides a secure environment for data storage and validation, reducing the risk of fraud and ensuring trust among stakeholders.
5. Magma Tokens
Governance token:
Stablecoin:
Incentive Mechanism: Stakeholders who contribute to the upkeep and validation of a property’s DTT® are rewarded with XXXXXXXXXXXX, incentivizing active participation in maintaining accurate and up-to-date property information.
Ecosystem Integration: XXXXXXX can be used within the Magma ecosystem, fostering engagement and ensuring that the platform continues to grow and evolve.
6. Building Wallet
Automated Payments: 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.
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