Parcl Updates
5 min read

Early access: Parcl Mainnet now live for HOA NFT Holders

Published on
August 4, 2022
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After nearly a year of development, the Parcl Protocol is launching to Mainnet. The Mainnet Alpha will be available starting today, July 27th, and open to HOA NFT holders for a period of 9 days before opening to the broader public in Mainnet Beta on or around August 4th.*

Parcl has pioneered a novel solution that allows institutions and individuals to gain exposure to the value of residential real estate via the Parcl Protocol. The Parcl Price Feeds track the price per square foot/meter in cities and neighborhoods and the Parcl Protocol allows users to create (mint) Parcls and trade them through Parcl’s decentralized application (dApp) on Solana. 

Mainnet Alpha will launch with the following North American Parcls: 

  • Miami, FL
  • Los Angeles, CA
  • Manhattan, NY
  • Brooklyn, NY
  • Phoenix, AZ
  • San Francisco, CA

Over time, Parcl will offer additional geographic coverage for APAC, EMEA, and LAD. 

Parcl is uniquely positioned to disrupt the systemic inadequacies of the current real estate market. By offering users lively price feeds, increased liquidity, lower minimum investments, and highly granular exposure, Parcl is on track to fundamentally change the way the world thinks about real estate investing.

Parcl is built by a community with a singular vision and passion for making real estate investing more accessible. Ultimately, Parcl’s mission is to bring real estate to everyone and this is only step one. 

To help you get started, please see the following guides covering everything you need to know about Parcl. 

Getting Started: How to trade on Parcl 

Trade your favorite neighborhoods and cities using Parcl.

Getting Started: How to borrow on Parcl 

Use USDC as collateral to borrow Parcls.

Getting Started: How to pool on Parcl

Provide liquidity (LP) and earn trading fees in the process.

Be sure to follow Parcl on Twitter and join the Discord for more on the latest Parcl news and developments.

Shared content and posted charts are intended to be used for informational and educational purposes only. Parcl does not offer, and this information shall not be understood or construed as, financial advice or investment recommendations. The information provided is not a substitute for advice from an investment professional. Parcl does not accept liability for any financial loss or damages. For more information please see the terms of use.

*Where allowable by law and subject to
Parcl’s Terms of Use.

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Parcl
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