We are happy to announce another partnership for Djed, Cardano’s overcollateralized algorithmic stablecoin, this time with Kirkstone. Kirkstone aims to revolutionize the real estate industry by utilizing Cardano — including reducing the cost of rent, developing an Airbnb competitor, and contributing significantly to the homeless community.
By integrating Djed into their platform, Kirkstone’s users can use Djed and avoid the market’s volatility until the day they will need to pay rent.
Cameron Milne, Kirkstone’s CEO and Co-Founder said:
“I’m sure like most people who have gone through the research behind the Djed stablecoin we were really impressed. We believe encouraging Kirkstone platform users to hold Djed will provide convenience and confidence to our users”.
William Edgell, Kirkstone’s COO and Co-Founder added:
“At Kirkstone we are building an ecosystem that will prioritize the consumer and the homeless community, through low fees and donations. The integration of Djed will give our users the option to hold Djed and enjoy the benefits of a stable currency”.
This partnership will continue Djed’s adoption into the RealFi domain, and advertise Djed as the stablecoin choice also for “non-blockchain” users.
Kirkstone is a team of graduates combined with experienced real estate and cryptocurrency professionals. Through our time as students, we had mixed experiences with landlords and rental properties. One experience that was familiar across our team was the high cost of living compared to our student loans.
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Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf