Frequently Asked Questions

PROPERTYX is an institutional-grade real-world asset (RWA) tokenization platform that transforms verified real properties into fractional digital securities (PXON tokens), each backed by a dedicated SPV holding legal title.

PXON is an ERC-1400 security token on BNB Smart Chain. Each token represents direct economic interest in a specific Special Purpose Vehicle (SPV) that holds legal title to a real property asset.

No. PXON is classified as a security token. It is not a utility token, governance token, or speculative instrument. It represents fractional ownership in real property SPVs.

USDW (USD DWIN) is the exclusive settlement currency for all PROPERTYX transactions. It's a fully-collateralized stablecoin maintaining a 1:1 USD peg with over $200 billion in reserve backing.

The minimum investment is $10 USDW, enabling fractional property ownership accessible to qualified investors worldwide.

All properties are independently valued by three internationally recognized firms: CBRE, JLL, and Knight Frank. Valuations are weighted (35%/35%/30%) and aggregated on-chain via the OracleFacet.

Land, Hotel, Office, Residential, Retail, Logistics, and Energy. Each category has distinct risk profiles and yield characteristics.

Returns come from two sources: quarterly rental income distributions (paid in USDW) and capital appreciation (NAV increase of the underlying property).

Path A: USDW Cash (all investors, T+3–T+30). Path B: Land Title/Chanote (Thai nationals, 60–90 days). Path C: 30-Year Leasehold (foreign investors, 45–60 days). Path D: Condo Freehold (foreign, within 49% quota, 30–45 days). Path E: Series Swap (all investors, instant).

Foreigners cannot directly own Thai land. However, they can access Path C (30-year registered leasehold) or Path D (condominium freehold within the 49% foreign quota). Path A (USDW cash redemption) is also available.

There are 4 tiers: Tier 1 (Basic: ID + selfie, $10K/month), Tier 2 (Verified: + proof of address, $100K/month), Tier 3 (Accredited: + net worth certification, $1M/month, OTC access), Tier 4 (Institutional: + corporate KYB, unlimited, dark pool + API).

PROPERTYX operates under a multi-jurisdiction framework respecting Thai Digital Asset Act, BVI Securities regulations, and FATF Travel Rule requirements. Sanctioned jurisdictions (OFAC, UN, EU lists) are excluded.

Both sender and receiver must be on the KYC whitelist, receiver jurisdiction must not be sanctioned, transfer amount must not exceed tier limits, lock-up periods must have elapsed, and foreign ownership quotas must not be breached.

Pre-deployment: Aderyn + Slither static analysis. Formal verification: Certora prover. External audit: Trail of Bits or OpenZeppelin. Bug bounty: Immunefi ($50K–$500K). Monitoring: Forta detection bots. All upgrades have a 48-hour timelock.

EIP-2535 Diamond Standard enables modular smart contract architecture. New compliance rules, oracle integrations, or redemption mechanics can be added as facets without migrating token state.

Diamond upgrades require 3-of-5 multi-sig approval (2 Issuer directors + 2 independent + 1 DWIN technical) with a mandatory 48-hour timelock for community review.