Magma Documentation
  • 👋Introduction to Magma
    • Platform features
    • How it works
    • KYC / KYB
    • Supported blockchains
    • Supported Wallets
  • 📖Owner/Asset Manager User Guide
    • Create Your Stakeholder Wallet
    • Create your account on Magma
    • Create your building's Digital Twin Token
    • Upload your documents
    • Validate documents
    • Mint the DTT®
    • Keep your DTT® up-to-date
  • 📖Other Stakeholders User Guide
    • Create Your Stakeholder Wallet
    • Join the DTT®
  • ⛓️Technicals
    • Stakeholders
    • Wallets
    • 3D Digital Twin
    • 3D Viewer
    • Digital Twin Token
    • Magma Index
    • Tokens
  • 🛡️Audits
  • 🖥️Versions
  • 💰Pricing
  • 💬Support & Feedback
  • 📚Resources
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  1. Introduction to Magma

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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Last updated 9 months ago

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