What is blocksquare (BST)?
Quick Facts
- Token: BST (Blocksquare Token), ERC-20 on Ethereum
- Type: Utility and governance token
- Sector: Real estate tokenization, DeFi
- DeFi Protocol: Oceanpoint — staking and DAO governance
- Staked Token: sBST, earned by staking BST
- HQ: Ljubljana, Slovenia (EU)
- Co-founders: Denis Petrovcic (CEO), Viktor Brajak (CTO), Peter Merc (CCO)
- Model: Infrastructure-as-a-Service for tokenized real estate
Introduction
Blocksquare is a blockchain-based platform that specializes in real estate tokenization — converting physical property assets into digital tokens on the Ethereum blockchain. Its native token, BST, powers the entire ecosystem, enabling transactions, access to services, and decentralized governance.
The project's core mission is to democratize real estate investing by enabling fractional ownership of properties, opening an asset class that was traditionally reserved for institutional investors and wealthy individuals.
History & Background
Blocksquare was founded by three co-founders who bring over 40 years of combined experience across technology, legal, business, and sales. The company is headquartered in Ljubljana, Slovenia, and developed its infrastructure in partnership with Medius, a leading enterprise software provider in Central and Eastern Europe.
Over time, Blocksquare evolved from a simple tokenization tool into a comprehensive white-label marketplace platform, allowing certified partners worldwide to launch their own compliant real estate investment platforms built on Blocksquare's protocol.
How blocksquare Works
Blocksquare operates as an infrastructure-as-a-service layer for the tokenized real estate economy. Rather than selling properties directly, it provides partners — called Certified Partners — with the tools to create, list, issue, sell, and manage tokenized properties on its protocol.
Each real estate asset tokenized through the system is represented by Blocksquare Property Tokens (BSPTs). These property tokens can be staked in the Oceanpoint Asset Pool, enabling liquidity mining and BST rewards for asset owners who bring real estate on-chain.
Tokenomics
BST is the central utility token of the Blocksquare ecosystem. It is used for paying platform fees, accessing premium services, and participating in governance decisions. The token distribution was designed to balance community participation, team commitment (with vesting periods), platform development, and ecosystem growth.
When staked via Oceanpoint, BST holders receive sBST (Staked BST), which grants voting rights within the Oceanpoint DAO. This staking mechanism aligns incentives between infrastructure users and token holders.
|
Circulating Supply
| 41.19 million BST |
|---|---|
| |
|
Total supply
| 69.26 million BST |
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Max supply
| -- BST |
Ecosystem & Use Cases
The Blocksquare ecosystem includes three core products: a real estate tokenization protocol, a white-label marketplace, and a DeFi bridge via Oceanpoint. Together, these allow partners to build compliant investment platforms and investors to access tokenized real estate globally.
Oceanpoint's Marketplace Pools allow sBST holders to vote on and fund specific marketplace operators. This creates a participatory model where the community helps direct capital across the ecosystem.
Team, Governance & Community
Blocksquare is led by CEO Denis Petrovcic, CTO Viktor Brajak, and CCO Peter Merc. The team is recognized as award-winning in the blockchain real estate space.
Governance is handled through the Oceanpoint DAO, where sBST holders vote on protocol decisions, funding allocations, and ecosystem development. This decentralized structure ensures the community has a direct voice in the platform's future.
Advantages
- Fractional ownership lowers the barrier to real estate investing
- White-label solution allows partners to launch compliant platforms quickly
- Staking rewards align token holder incentives with ecosystem growth
- DAO governance gives the community real decision-making power
- Blockchain transparency ensures verifiable ownership and transaction records
Risks & Challenges
- Regulatory complexity around tokenized real estate varies significantly by jurisdiction
- Adoption risk — success depends on onboarding Certified Partners and investors globally
- Smart contract risk inherent to any DeFi protocol built on Ethereum
- Market liquidity for tokenized real estate assets is still maturing
Long-Term Vision
Blocksquare's long-term ambition is to power hundreds of real estate investment platforms across the globe, connecting investors to property opportunities in their own regions. By continuing to expand its network of Certified Partners and deepening the Oceanpoint DeFi layer, Blocksquare aims to make real estate a universally accessible asset class — fully integrated with decentralized finance.
Frequently Asked Questions
- What is the BST token used for?
BST is the native utility token of the Blocksquare ecosystem. It is used to pay platform fees, access premium services, participate in governance, and earn staking rewards via the Oceanpoint DeFi protocol.
- What is Oceanpoint?
Oceanpoint is Blocksquare's dedicated DeFi protocol that enables BST holders to stake their tokens and receive sBST in return. sBST grants voting rights within the Oceanpoint DAO and can be used to fund specific marketplace operators.
- What is sBST?
sBST (Staked BST) is the token awarded to users who stake their BST on Oceanpoint. It serves as a governance token, allowing holders to vote on decisions related to the Oceanpoint protocol and ecosystem funding.
- How does Blocksquare tokenize real estate?
Blocksquare converts physical real estate assets into digital Blocksquare Property Tokens (BSPTs) on the Ethereum blockchain. These tokens represent fractional ownership of properties and can be staked or traded within the ecosystem.
- Who are the founders of Blocksquare?
Blocksquare was co-founded by Denis Petrovcic (CEO), Viktor Brajak (CTO), and Peter Merc (CCO). Together they bring over 40 years of combined experience in technology, legal, business, and sales.
- Where is Blocksquare headquartered?
Blocksquare is headquartered in Ljubljana, Slovenia, within the European Union. It developed its infrastructure in cooperation with Medius, a leading enterprise software provider in Central and Eastern Europe.
- What are Certified Partners in the Blocksquare ecosystem?
Certified Partners are verified businesses that use Blocksquare's white-label solution to launch their own compliant real estate tokenization marketplaces. They can create, list, and manage tokenized properties built on Blocksquare's protocol.
- What blockchain does BST run on?
BST is an ERC-20 token deployed on the Ethereum blockchain. Blocksquare leverages Ethereum's smart contract infrastructure to ensure secure and transparent transactions across its platform.