17 August 2023, Manila, Philippines – Homeqube, a blockchain and artificial intelligence (AI)-powered e-commerce platform for real estate, is pioneering a new frontier in the home value chain by integrating a gamified bidding experience for both buyers and sellers in its platform.
Homeqube CEO Jose Paolo Calma highlights the platform’s unique approach: “Our game is centered on bidding. It’s a genuine bid for a deal, whether that’s for the duration of a stay in a home or for buying specific homebuilding materials. Players can lay out their needs and bid based on their set requirements or specifications.”
Gamified bidding is Homeqube’s approach to breaking traditional online marketplace activity of scrolling and clicking by allowing users to participate in bidding lobbies where they can secure their desired home-building materials and accommodations. Users are encouraged to enter real-time bidding wars, competing with other potential buyers to negotiate and determine their product’s final price.
By merging blockchain and AI, Homeqube has reimagined property leasing by allowing potential tenants to engage directly with property owners through the bidding lobbies. Homeqube’s expansive catalog of leasable properties, ranging from cozy apartments to luxurious vacation homes, ensures that every traveler finds their perfect match.
How does Homeqube e-commerce work?
Homeqube users are product sellers, property owners, delivery services, and customers or guests.
Sellers are prompted to input details of the products they wish to sell, while property owners are guided to list properties available for short-term lease.
Once their offerings are encoded, these sellers and property owners are presented with two distinct modes to optimize their use of the platform: the Seller Initiated Game (SIG) and the Buyer Initiated Game (BIG).
The SIG mode allows sellers or property owners to create a dedicated bidding lobby. This lobby will display the product or property on offer, with creators being required to specify certain parameters, such as the asking price and availability dates. Interested buyers or guests can then access these lobbies to negotiate various terms directly, adding flexibility to the pricing and purchase process.
The BIG mode serves those looking to buy or rent. Buyers or guests can initiate these lobbies, specifying the kind of product or property they are seeking. Sellers and property owners can then enter these BIG lobbies, making their offers in response to the expressed needs.
As part of its alpha testing, Homeqube introduced its utility token called $QUBE in facilitating games or bidding based on user-defined rules and peer verification. $QUBE also allows users to access exclusive features and earn rewards within the platform.
While $QUBE plays a pivotal role in the gaming aspect of the platform, the main medium of transaction between peers on Homeqube is the stablecoin USDC, which ensures consistency and reliability in transactions.
To further expand its accessibility, Homeqube plans to incorporate fiat transactions in the near future. This inclusive approach invites a broader range of sellers and buyers to actively participate in the platform’s bidding process.
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