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Parcl is a synthetic asset protocol, built on and backed by Solana, that is on a mission to deliver real estate to everyone. The Parcl protocol allows users to invest in a digital square foot of real estate in neighborhoods worldwide. It does so by allowing for the creation of synthetic “Parcls” which are tied to a price feed that is representative of the average price per square foot/meter within a given neighborhood.  

With Parcl’s blockchain-based trading system, you can benefit from broad (or highly granular) exposure to the world’s most desirable real estate markets. Parcl requires no minimum investment, is highly liquid, and carries low transaction fees.

In simple terms – you can trade your favorite neighborhoods just like you would trade any other crypto asset.

Nope!
The Parcl Data Feed tracks the price per square foot of neighborhoods across the U.S. and around the world – letting you invest in the underlying price movement of each market. This lets you build your dream real estate portfolio without the limited selection of REITs, illiquidity of fractional ownership, or the friction and hassle of being a landlord.
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Parcl is not a:
1. Direct investment into physical real estate
2. REIT
3. Crowdfund / Fractional ownership platform

Parcl is a synthetic asset that tracks real world and metaverse prices & volatility.
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Parcl acts as a:
1. Exposure mechanism
2. Provider of liquidity
3. Hedging tool

The Parcl Price Feed aggregates public property records, public property listing data, county records, and various other sources of transaction history, fed into a custom valuation index. This then gets sent into an oracle for validation. The output is a neighborhood price per square foot/meter.

Visit Parcl Labs for more information on Parcl's data initiatives.

The Parcl Protocol is built on Solana's blockchain and will initially allow connection through common Solana wallets, such as Phantom. Additional wallet compatibility will be introduced over time.

Eventually, the Parcl Protocol plans to be fully cross/multi-chain.

Trades are facilitated on the Parcl Protocol through an AMM (Automated Market Maker).
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AMM liquidity pools represent groups of users lending crypto assets in order to keep a specific market liquid.

These lenders receive fees in return, and traders are provided a liquid market in order to continue trading.