Last updated a month ago
U.S. homeowners are asset-rich but cash-poor, struggling to unlock home value without debt, while global investors seek safe, asset-backed alternatives to volatile crypto.
HausCoin tokenizes U.S. home equity on Cardano, providing homeowners with debt-free liquidity and investors with stable, appreciating real estate-backed assets, thereby creating a new asset class.
Please provide your proposal title
High-Yield RWA on Cardano: Tokenized U.S. Real Estate
Enter the amount of funding you are requesting in ADA
750000
Please specify how many months you expect your project to last
6
Please indicate if your proposal has been auto-translated
No
Original Language
en
What is the problem you want to solve?
U.S. homeowners are asset-rich but cash-poor, struggling to unlock home value without debt, while global investors seek safe, asset-backed alternatives to volatile crypto.
Supporting links
Does your project have any dependencies on other organizations, technical or otherwise?
No
Describe any dependencies or write 'No dependencies'
No dependencies
Will your project's outputs be fully open source?
Yes
License and Additional Information
Apache 2.0
Please choose the most relevant theme and tag related to the outcomes of your proposal
RWA
Describe your established collaborations.
Haus has built strong partnerships across real estate and blockchain. Investors hold a $20M portfolio with $10M more committed.
Real Estate Partners: Brokers, escrow/title companies, valuation providers (Veros, Clear Capital with $1.2B AUM).
Cardano Ecosystem Partners: Anvil Labs (dev), Emurgo (marketing), USDA/USDM (stablecoin).
Investors: $25M+ AUM, with another $10M commitment ready after we are live on Cardano.
Describe funding commitments.
The funding sought is to port our live platform and $5M TVL to Cardano, not for operations. Haus is self-funded with $25M+ AUM/TVL and $150K ARR from a tokenized real estate portfolio. We’ve secured verbal commitments from strategic investors contingent on migration and are in talks with U.S. family offices for a $10M injection to scale. Haus has already invested millions to build the platform and legal framework connecting fractional home equity to blockchain.
Describe your key performance metrics.
Milestone 1: Port Haus Platform to Cardano Mainnet (Months 1–3)
Migrate Haus smart contracts and core infrastructure from Ethereum to Cardano mainnet.
Milestone 2: Tokenize & Onboard 10+ Homes ($5M TVL) (Months 4–6)
Fractionalize and onboard at least 10 U.S. residential properties, creating ≥$5M in tokenized value locked (TVL) on Cardano.
Milestone 3: Open-Source Publication (Month 6)
Publish Haus protocol smart contracts, codebase, and documentation to GitHub, ensuring transparency and enabling ecosystem adoption.
Please describe your proposed solution and how it addresses the problem
Haus is an operational, blockchain-native protocol designed to solve this problem by creating a liquid, transparent, and accessible global market for U.S. home equity. The platform enables homeowners to sell fractional portions of their home's equity, accessing debt-free liquidity without monthly payments or the need to sell their property. For investors, Haus offers a novel asset class: direct exposure to the appreciation of U.S. residential real estate, an asset that has historically delivered strong returns.Over past 5 years, fund 1 has invested close to $7M through this platform and have seen 24.5% IRR return per year. We believe our fractional tokenize home equity platform provides instant liquidity to home owners on same hand provide fantastic return to investors.
Please define the positive impact your project will have on the wider Cardano community
This proposal is designed to deliver a direct, measurable, and high-impact return on investment for the Cardano ecosystem and the broader community. The project's success will be measured not in abstract potential, but in tangible, on-chain metrics that align directly with Cardano's strategic goals of driving real-world adoption and establishing itself as a premier platform for institutional-grade finance.
Immediate & Verifiable Total Value Locked (TVL): Upon successful deployment, Haus is committed to bringing an initial, de-risked tranche of $5 million in real-world asset TVL onto the Cardano mainnet. This is not a future promise but a migration of a portion of an existing, operational portfolio.
A Flagship Real-World Asset (RWA) Protocol: The tokenization of real-world assets is projected to become a market worth over $10 trillion by 2030. By funding Haus, the Cardano community is not just supporting another dApp; it is investing in foundational infrastructure that can position Cardano as a dominant, top-tier RWA chain.
Sustainable On-Chain Activity and Economic Throughput: The protocol is engineered to create a dynamic and active market, generating sustainable economic throughput for the Cardano network. HausCoin is a productive asset intended for active use within Cardano's DeFi ecosystem as collateral in lending protocols, as a source of liquidity in DEXs, and as a foundation for new yield-generating products.
Preparation towards HausCoin offering - we would be able to use the work done as part of proposal to create Hauscoin offering, that is tokenize real estate offering on Cardano ecosystem.
What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?
The Haus team is composed of seasoned executives and operators with a distinguished track record of building and scaling multi-billion-dollar businesses at some of the world's most successful technology and finance companies.
Siddarth: A product and technology executive with over 20 years of experience as a real estate investor and a history of managing P&Ls exceeding $1 billion. His career includes turning around a $2 billion public company leading to a $6.4 billion private equity exit, building a $500 million revenue AI platform at Amazon, scaling Planet Labs from $2 million to $140 million in revenue toward a $2.8 billion exit, and launching Microsoft Surface 3 ($0 to $475 million revenue).
Rakesh: A financial and operations expert and blockchain specialist who has served as a consultant for multiple Layer 1 protocols and DeFi ventures. He was a Director at Planet Labs, leading the company's expansion from 30 to 650 employees and from $0 to $150 million ARR, and a Director at Boku, helping build a global payments platform that led to a $500 million IPO.
This proposal seeks to fund the migration and expansion of an already operational, revenue-generating protocol with proven product-market fit.
Live Operations: Haus has already completed 36 tokenized home equity transactions and currently manages approximately $20 million in TVL.
Revenue Generation: The platform is generating $150,000 in Annual Recurring Revenue (ARR) from its existing portfolio.
Market Demand: A waitlist of over 30,000 homeowners represents a potential pipeline of $4.1 billion in tokenizable home equity.
Milestone Title
Core Protocol Port (Months 1–3)
Milestone Outputs
The Haus smart contracts will be fully rewritten in Plutus/Aiken to ensure compatibility with Cardano’s ecosystem. These contracts will be deployed and tested on the Cardano testnet to validate correctness and performance. In addition, wallet integrations will be established so that users can connect via Lace and Eternl wallets, view token balances, and initiate secure test transactions that mimic mainnet activity.
Acceptance Criteria
The contracts must compile successfully in the Cardano toolchain and deploy without errors onto the Cardano testnet. Wallet integrations must allow users to connect seamlessly, read balances, and complete simple token transfer transactions. No critical errors, failed executions, or integration issues should remain unresolved, ensuring the platform is stable for progression to the next milestone.
Evidence of Completion
A publicly accessible GitHub repository will contain the rewritten smart contracts along with version-controlled commits and documentation. Deployed contracts will be verifiable through Cardano testnet explorer links. Additionally, a demo video or screenshots will be provided showing wallet connections, balance views, and successful transaction execution to demonstrate end-to-end functionality.
Delivery Month
3
Cost
350000
Progress
50 %
Milestone Title
MVP Launch & Initial $5M TVL Onboarding
Milestone Outputs
The MVP investor dashboard will be launched on Cardano mainnet, offering real-time visibility of tokenized real estate assets. The system will tokenize and onboard at least 10 homes, representing $5M TVL, onto Cardano. Smart contracts will handle investment flows, token issuance, and redemption processes seamlessly while maintaining auditability and reliability for pilot users.
Acceptance Criteria
The MVP dashboard must be live, accessible to pilot investors, and capable of displaying real-time balances, positions, and property data. A minimum of $5M in tokenized U.S. real estate assets must be locked and visible on Cardano’s mainnet. All transactions, including deposits and withdrawals, must process correctly without failed executions or contract errors, ensuring user confidence in the platform.
Evidence of Completion
A public dashboard link will be available for stakeholders and pilot users. Cardano on-chain explorer data will confirm that $5M TVL has been achieved through tokenized homes. A formal project report will be produced, detailing the homes onboarded, their valuation, and TVL metrics. Together, these will demonstrate successful MVP launch and TVL achievement.
Delivery Month
5
Cost
250000
Progress
80 %
Milestone Title
Final Deliverables & Open Source Publication
Milestone Outputs
All Cardano-developed smart contracts, tools, and supporting code will be published as open-source under a permissive license. Comprehensive developer documentation, tutorials, and integration guides will be produced for replication by external teams. A public community showcase or demo session will be hosted, enabling developers, investors, and community members to interact with the live system and provide feedback.
Acceptance Criteria
The codebase must be publicly released under the Apache 2.0 license to encourage open collaboration. Documentation should enable any qualified third-party developer to replicate the setup, deploy contracts, and test interactions independently. At least one measurable community engagement event (e.g., AMA, live demo, or workshop) must be successfully held with confirmed participation and recorded outcomes.
Evidence of Completion
The finalized GitHub repository will be published with all code, version history, and the Apache 2.0 license attached. A GitBook or README will contain detailed developer documentation and user guides. Proof of community engagement, such as a recording of the event or a published event summary with attendance metrics, will be provided as evidence of outreach and adoption.
Delivery Month
6
Cost
150000
Progress
100 %
Please provide a cost breakdown of the proposed work and resources
We request 750,000 ADA over 6 months. The largest share (350,000 ADA / 47%) goes to Blockchain Development & Migration, covering Plutus/Aiken contract rewrites, testnet/mainnet deployment, and wallet integration. 100,000 ADA (13%) is for Legal & Compliance, ensuring U.S. real estate tokenization aligns with SEC, state, and property laws while building institutional trust. 150,000 ADA (20%) funds Asset Onboarding & Operations, enabling tokenization of at least 10 homes ($5M TVL) with escrow, title, and valuation partners. 100,000 ADA (13%) supports Marketing & Community Engagement through education, outreach, documentation, and ecosystem campaigns to drive adoption. Finally, 50,000 ADA (7%) is a Contingency Reserve to cover unforeseen compliance or technical needs. This budget guarantees measurable outcomes: $5M TVL, open-source code, and positioning Cardano as a Top 20 RWA chain (per RWA.xyz).
How does the cost of the project represent value for the Cardano ecosystem?
This proposal maximizes Cardano ecosystem ROI by leveraging:
· A proven platform with $20M TVL and 36 completed tokenized real estate transactions.
· 75% of core infrastructure already built, reducing risk and accelerating time to market.
· Direct TVL growth of $5M at launch, establishing Cardano as a credible player in the RWA space.We can bring Cardano in top 20 of Rankings for RWA networks (https://app.rwa.xyz/networks))
· Institutional-grade compliance, attracting TradFi capital to Cardano DeFi.
Global impact: Open a trillion-dollar market to Cardano.
Community-first: Open-source code, long-term growth, and adoption.
This proposal will make Cardano the chain of choice for Real-World Assets, starting with one of the safest and most trusted markets: U.S. real estate.
Terms and Conditions:
Yes
Siddarth: A product and technology executive with over 20 years of experience.
Rakesh: A financial and operations expert and blockchain specialist.
Core team also consists of Sourabh, Poojitha, Alisha, Sai, Trupti (Engineering and real-estate analyst), Aanchal (Marketing); External legal team.
The core team is supported by a high-caliber advisory board, including a UCLA Anderson Professor with over $2 billion in real estate transactions, the former EVP of Algorand Ventures, and the former VP of Product at Trulia.