FOGNET is a project to build a blockchain-based platform that uses NFT and utility tokens to create an ecosystem that can participate in real estate development and sale, and to form a token economy through it. In order to discover NFT content that can be commercialized and create a healthy NFT trading ecosystem based on real assets, the company plans to expand its service and business areas through the advanced and stabilization stages of FOGNET platforms.
The FOGNET platform is an Ethereum blockchain network-based real estate NFT content platform that can be traded by issuing NFT the right to implement and sell real estate development projects. It can also be said to be a new concept of real estate development finance through NFT (Project Financing, a method of financing real estate development project business and future cash flow as collateral). By utilizing NFT, anyone can participate in development projects, lowering barriers to real estate investment, and making real estate development projects where illegal and illegal activities are rampant transparent and fair.