Blocksquare-Tokeniza Property Tokens (BSPT-TOKs) are a standard Ethereum ERC-20 smart contract with a defined maximum issuance of 100,000 tokens per real estate property, where 1,000 tokens can be issued for every 1% of an asset’s capital stack.<\/p>\n\n
Each asset has its own BSPT-TOK, meaning that the token symbol varies from property to property, i.e. BSPT-TOK-##.\nThe token standard includes property valuation on the chain, creating legally binding and enforceable tokens via a standardized corporate resolution stored in IPFS. <\/p>\n\n
Characteristics of the token contract:<\/p>\n\n
-the asset’s capital stack information<\/p>\n\n
-the location of the asset’s street<\/p>\n\n
-the geographical coordinates of the asset<\/p>\n\n
-real estate valuation<\/p>\n\n
-the token valuation of the property – the type of property (i.e. residential, office, leisure…)<\/p>\n\n
-the land registry data (i.e. cadastral municipality, plot number, identification number, part of the building…).<\/p>\n\n
Blocksquare’s Property Factory smart contract is the leading smart contract for generating a “PropTokenContract” – an ERC-20 backward-compatible token standard developed by Blocksquare designed to tokenize a specific real estate property and the revenue it generates.<\/p>\n\n
The protocol features a standardized token symbol BSPT-TOK-###, where BSPT stands for BlockSquare Property Token, TOK is a unique alphanumeric symbol defined for the Certified Partner “Tokenize”, and ### is an automatically incrementing number.<\/p>\n\n
Each PropToken contract is registered in the Blocksquare and Tookeniza Property Registry-a smart contract where the “identifying data” of all real estate properties is publicly available.<\/p>\n\n
The “maximum amount” of tokens that can be issued is 100,000, where 100,000 tokens represent a predefined percentage of dividends from any and all net income, including income generated from a sale of the property to a third party.\nThe royalty percentage is stored and sealed in the PropToken contract. <\/p>\n","protected":false},"excerpt":{"rendered":"
Blocksquare-Tokeniza Property Tokens (BSPT-TOKs) are a standard Ethereum ERC-20 smart contract with a defined maximum issuance of 100,000 tokens per real estate property, where 1,000 tokens can be issued for every 1% of an asset’s capital stack. Each asset has its own BSPT-TOK, meaning that the token symbol varies from property to property, i.e. BSPT-TOK-##….<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"doc_category":[274],"doc_tag":[],"class_list":["post-3777","docs","type-docs","status-publish","hentry","doc_category-tokenization-protocol"],"acf":[],"year_month":"2026-04","word_count":276,"total_views":0,"reactions":{"happy":0,"normal":0,"sad":0},"author_info":{"name":"Monica","author_nicename":"monica","author_url":"https:\/\/tre.tokeniza.es\/en\/author\/monica\/"},"doc_category_info":[{"term_name":"Tokenization Protocol","term_url":"https:\/\/tre.tokeniza.es\/en\/documentacion-categorias\/tokenization-protocol\/"}],"doc_tag_info":[],"yoast_head":"\n