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Mey Network leads in blockchain-powered asset tokenization with IDO launch

by November 1, 2024
written by November 1, 2024

As the finance industry embraces digital transformation, Mey Network is taking the lead in blockchain-powered Real-World Asset (RWA) tokenization.

Backed by the renowned Meey Group, Mey Network is poised to redefine access to asset ownership, blending Meey Group’s expertise with cutting-edge blockchain capabilities.

This ambitious initiative is unlocking new investment potential in real estate and other physical assets, also creating a secure, transparent, and scalable platform for the future of asset ownership.

Mey Network plans to officially launch IDO this upcoming November 06, with the support of BSCS Launchpad, a premier name in the industry.

For more information, please read the official announcement

Strategic backing by Meey Group

At the core of Mey Network’s success is its partnership with Meey Group, a prominent leader in property technology.

Founded in 2019, Meey Group has quickly risen to prominence under the leadership of Chairman Hoang Mai Chung, who drives its ambitious vision to bring Vietnamese proptech solutions to the world stage.

Incredible achievements of Meey Group

Successfully raised $40M over fundraising rounds

9 major technology industry awards and certificates of merit

Best Innovation and Technology at Dot Property Vietnam 2024

Sao Khue Awards 2022 & 2023

Vietnam Digital Transformation Awards 2021 & 2022

Top 10 Best Real Estate Service Providers 2021 & 2022

Top Vietnam Industry 4.0 – I4.0 Awards 2023 & 2024

Top 10 Excellent Digital Technology Enterprises in Vietnam 2023

Received a Medal from the Vietnam Association of Real Estate Brokers

Excellent Innovative Science and Technology Enterprise 2023

Certified Science and Technology Enterprise

500+ skilled employees in 22 offices nationwide with over 50,000 investors

An ecosystem of 12 advanced technology products, generating $5 million in monthly revenue

Meey Group is also a Strategic Advisory Partner of PwC, a Big Four advisory firm.

Meey Group has just set the record for “Enterprise owning the Digital Transformation Technology Solution Set in the Real Estate sector with the largest number of products in Vietnam.”

Meey Group’s industry insights provide Mey Network with a solid foundation for secure asset tokenization, lending credibility and strength to its platform.

This alliance underscores Mey Network’s commitment to innovation and trustworthiness, giving investors confidence in a platform built on expertise.

Unlocking real estate investment through tokenization

Mey Network has set out to make property investment accessible and globally tradable by tokenizing real estate assets.

Through fractional ownership, investors of any scale can own and trade digital tokens representing partial ownership of physical properties.

This approach reduces traditional entry barriers, improves liquidity, and transforms a typically local and illiquid market into a global investment arena.

With the support of Meey Group’s industry insights, Mey Network ensures the assets backing each token are credible, vetted, and accurately represented.

Access Mey Network

Built-in security and transparency with blockchain

Mey Network’s platform is powered by Meychain’s blockchain technology, which provides an immutable ledger for all transactions and asset records.

Meychain is a specially designed Layer-1 blockchain utilized for RWA tokenization and secure management in the Mey Network ecosystem.

This decentralized architecture adds a layer of security, significantly mitigating risks associated with fraudulent activity or paper-based errors in traditional asset ownership processes.

Every token representing a real asset on Mey Network is traceable, auditable, and securely managed, ensuring investors’ peace of mind.

Transformative financial solutions beyond real estate

In addition to real estate, Mey Network’s platform offers a suite of innovative financial services, such as peer-to-peer (P2P) lending against tokenized assets on MeyFi.

MeyFi is a powerful platform designed by Mey Network that provides exclusive DeFi services for users in the ecosystem.

By bypassing traditional banking intermediaries, the network allows users to access liquidity against their tokenized assets with ease.

This model not only streamlines the lending process but also lowers costs and increases efficiency, highlighting Mey Network’s potential to disrupt conventional finance models.

Decentralized governance for investor empowerment

One of Mey Network’s standout features is its decentralized governance model. Investors who hold $MEY tokens have the power to shape the network’s future, from decision-making to selecting strategic partnerships.

This model empowers stakeholders to participate in the platform’s evolution, creating a transparent, investor-centric community where the direction of Mey Network is guided by its users.

Global expansion through strategic partnerships

With a growth-driven strategy, Mey Network is actively forming partnerships with other leading players in the blockchain and RWA sectors.

We can mention prominent names like TRL, BSX, Binaryx, Klarda, Le’Born RWA, Mises…

These alliances extend Mey Network’s reach and broaden its technical capabilities, positioning it as a comprehensive ecosystem.

Backed by Meey Group’s established reputation and expertise, Mey Network can confidently scale globally, offering investors a trusted and versatile platform.

A future vision for real-world assets on blockchain

With its pioneering technology and innovative approach, Mey Network represents a forward-thinking solution in the financial sector.

As RWA tokenization becomes increasingly relevant in modern finance, Mey Network’s ecosystem offers investors unprecedented access to traditionally inaccessible or illiquid assets, like real estate.

The project’s commitment to security, transparency, and community involvement marks it as a leader in this emerging market.

Mey Network prepares for its IDO launch and gears up to announce key partnerships; it stands ready to lead the industry with its innovative approach.

Make sure to note all key information

IDO Time: 9 AM, Nov 6 –  9 AM, Nov 7 (UTC)

Join at BSCS Launchpad

Industry experts, analysts, and investors alike are recognizing Mey Network’s potential as it advances a next-generation platform that is as transformative as it is investor-focused.

⭐️ Mey Network official media channels:

Website | Twitter | Telegram Channel | Telegram Group | Facebook | Youtube

The post Mey Network leads in blockchain-powered asset tokenization with IDO launch appeared first on Invezz

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