DeFi on Binance Smart Chain: Jointer's Real Estate DeFi Achieves Astounding Growth

DeFi on Binance Smart Chain: Jointer's Real Estate DeFi Achieves Astounding Growth

Since the launch on September 27, the Jointer’s face value increased from $0.01 to $0.2946

FREMONT, CA: Jointer, the future of Commercial Real Estate investment and syndication, concluded the launch of its private auction that completed 27 Auction days in just 2 hours. From the launch on September 27, which began at 7:00 PM GMT, Jointer’s face value increased from $0.01 to $0.2946, providing 2,946 percent returns for initial investors.

Jointer, the winner of the Carnegie Mellon University U.S.-China Innovation and Entrepreneurship Association Award for Most Promising Venture, announced the auction's continuation, on a daily basis, starting from September 28, 12:00 PM GMT and closing at 11:00 AM GMT.

The daily auction is completely decentralized and powered by a smart contract on the Binance Smart Chain. The smart contract determines daily minting and incentivizes through a dynamic, financially engineered mechanism generating the world's first Commercial Real Estate DeFi DAO protocol.

Jointer CEO, Yoda "Jude" Regev, has worked on Jointer for over three years. When discussing the explosive growth of JNTR, Yoda remarked:

"Taking advice from Master Yoda, 'Do or do not, there is no try.' After four pivots and a very long two years of hard work we built a sophisticated and first of its kind DeFi model, without even knowing that there would be a DeFi industry in existence. Now here we are, 27 Auction days in and able to show that we designed a solution that first protects the community and then after the community benefits, then Jointer does. This is the only way to build (buidl), you cannot put the community at risk."

The auction is solely designed around advanced Game-theoretic models where investors' benefit depends on both their individual performance and a common group investment goal. The individual and group benefit creates a unique symmetric equilibrium amongst the investors.

The game starts each day of the auction when there is zero investment and opportunistic investors who may invest the smallest amount possible to win the entire offering at a discounted rate while hoping that the total investment after their investment will not shoot up significantly. If this happens, participants will win a disproportionate discount.

Setting goals for each auction day allows Jointer to give investors an extra incentive to outperform the daily goal through a dual bonus structure. Allowing both large and small investors an opportunity to benefit from the daily success with one bonus unlocked as a group and one as an individual.

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