FOGNET is a project to build a blockchain-based platform that uses NFTs and utility tokens to create an ecosystem that can participate in real estate development and sales, and form a token economy through it. In order to discover commercializable NFT content and create a healthy NFT trading ecosystem based on real assets, the company plans to expand services and business areas through the advanced stage and stable stage of the FOGNET platform.
The FOGNET platform is a real estate NFT content platform based on the Ethereum blockchain network, which can trade the implementation rights and sales rights of real estate development projects by issuing NFTs. It can also be said that it is a new concept of real estate development financing through NFT (Project Financing, a financing method that uses real estate development project business and future cash flow as collateral). Using NFT, anyone can participate in development projects, lowering the threshold for real estate investment and making real estate development projects with rampant violations of laws and regulations transparent and fair.