Propbase is a tokenized real estate marketplace that leverages the high throughput of the Aptos Layer 1 blockchain to settle property transactions. By fractionalizing real estate into digital tokens, the platform allows users to purchase small denominations of property (e.g., $100 shares) rather than buying entire buildings. These tokens represent shares in a Limited Liability Company (LLC) or SPV that holds the physical deed, ensuring that digital ownership is legally enforceable off-chain.

The project has expanded its infrastructure to support cross-chain liquidity and mobile access:

Ethereum & Base Bridge (August 2025): Propbase deployed a LayerZero-powered bridge, allowing the PROPS token to move seamlessly between Aptos, Ethereum, and Base. This integration significantly improved liquidity by allowing users on EVM-compatible chains to access the Propbase ecosystem without needing a dedicated Aptos wallet for the initial token acquisition.

XPROPS Launch (Q4 2025): The platform introduced XPROPS, a diversified asset-backed token. Unlike single-property tokens, XPROPS represents a weighted index of multiple high-yield properties on the marketplace. This allows users to gain exposure to the entire real estate portfolio with a single token, simplifying diversification.

Propbase Mobile App: In mid-2025, the official mobile application launched on iOS and Android, providing a fully integrated wallet and marketplace interface. This update introduced push notifications for rental yield distributions and governance votes.

The PROPS token is the central economic unit of the marketplace:

Transaction Fees: PROPS is used to settle fees for buying, selling, and transferring property tokens on the secondary marketplace.

Staking & Membership: Users stake PROPS to unlock tiered membership benefits. Higher tiers receive discounted trading fees and "Whitelisting" priority for oversubscribed property launches.

Yield Access: While rental yields are paid in stablecoins (USDC), holding/staking PROPS is often a prerequisite for accessing certain high-yield pools or bonus distributions.

Blockchain: Aptos (Layer 1)

Token Standard: Aptos Coin Standard, ERC-20 (Bridged)

Bridge Technology: LayerZero

Total Supply: Fixed cap of 1.2 Billion PROPS

Key Asset: XPROPS (Real Estate Index Token)