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Welcome to Superteam
Parcl Deep Dive
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Parcl Deep Dive

Deadline: June 04, 2023; 11:00 PM Indian Standard Time

About the Bounty

Parcl is a digital real-estate trading platform built on Solana. The platform allows users to trade on price movements of city-wise real estate indices, which represent real-world property values. In degen terms, it is a decentralized perpetuals AMM designed for real estate synthetics.

Parcl is a great way to get on-chain exposure to an otherwise stable asset class — cities on Parcl have a cumulative annualized volatility of around 7% per year!

Parcl is sponsoring a bounty for participants to write a deep dive on the trading platform, highlighting the following:

  • Parcl’s architecture and its advantages
  • Parcl’s features
  • Benefits of investing in real estate for crypto natives
  • Benefits of investing in Real Estate Indicies vs. Fractional ownership
  • Competitive landscape (across all chains)
  • Tutorial on how to trade on Parcl → focusing on low minimums and ease of use

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Your Mission: Become a master of Parcl and consolidate your expertise into a written essay.

Please review the additional materials provided here →

Detailed Overview of Parcl.pdf622.2KB

Parcl Value Props

  • No Minimum Investment → Start your real estate investing journey with as little as $1.
  • Accessibility→ Unlock high-demand markets like New York, Los Angeles, and Miami.
  • Broad Exposure→ Gain access to hundreds of thousands of properties with a single trade.
  • Precision Data → Trade the most accurate real estate data ever, with Parcl city indexes collecting 10+ million data points daily for precision pricing.
  • Ease to use→ We've built the simplest platform for traders to invest in real estate.

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Parcl Key Product Benefits

  • Exposure → Access the returns of high-demand real estate markets. Parcl opens the doors to these prime locations, making your real estate dreams a reality.
  • Diversification → Invest in entire cities to minimize single-site risk. Gain exposure to multiple cities at once, encompassing millions of homes. No more settling for just one property or a fraction of it in less attractive markets.
  • Cost-effective → Experience the freedom of low entry barriers and reduced fees. Start investing today with any amount, and unlock the potential of real estate for as little as $1.
  • Leverage → Make your investments go further with up to 10x leverage.
  • Improved Liquidity → Maintain flexibility over investments with the ability to adapt to changing market conditions.
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Parcl Benefits (cont..)

  • Research → Take control of your financial future by utilizing the necessary tools and information to make informed investment decisions in the real estate market.
  • Shorting → Employ Parcl's shorting and hedging capabilities to benefit from market downturns, turning challenges into opportunities for financial growth.
  • Pair Trading → Invest in two markets at once to maintain a market neutral position. “Long Miami, Short SF”
  • Real-World protection (hedging)→ Protect your real-world assets from inflation and high interest rates with hedging. Parcl offers a smart and effective way to secure your investments in an ever-changing market.
  • Transparency → Experience unparalleled transparency, efficiency, and security with on-chain transactions.
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FAQs

  • What is Parcl? → Parcl is a real estate investing platform allowing you to trade top U.S. cities' price movements. Parcl makes investing in an entire city's residential real estate market possible, unlocking access to high-demand markets like New York, Los Angeles, and Miami.
  • What is Parcl building? → Real Estate Investing for Traders
  • What am I investing in? → Parcl indexes are the first ever real world asset (RWA) Index that represents a city’s residential real estate market. By trading the price movement of top cities, Parcl has made it possible for you to gain exposure to real estate in high-demand markets like New York, Miami, and Los Angeles.

    • When you invest in Parcl you gain exposure to millions of properties in a given geographical area.

  • What are RWAs? → Real world assets are tangible assets that exist in the physical world, which are brought on chain. They also include the growing issuance of capital market products on-chain, where digital securities are tokenized and offered to retail customers.
  • What is a RWA Index? → An index that measures the underlying price of a tangible asset that exists in the physical world that has been brought on chain.

Rewards

🥇 First Prize:

  • $750 USDC
  • Member status in Superteam
  • Syndication in Superteam’s newsletter

🥈 Second Prize

  • $500 USDC
  • Contributor status in Superteam

🥉 Third Prize

  • $250 USDC
  • Contributor status in Superteam

🏆 4th-15th Place Prizes (Bonus)

  • $25 USDC each

Evaluation Criteria

  • Depth
    • Did you explore the background of the project?
    • Does your essay talk about the key features of the project?
    • Is your essay the one-stop resource for people to get up to speed with this project?
    • Did you learn everything there is to know about the project?
    • Did you take screenshots, provide a step-by-step guide to onboarding, and clearly articulate the value the project offers?
    • Did you cover the pointers mentioned under “About the bounty”?

  • Writing Style
    • Did you write a compelling introduction and a satisfying conclusion?
    • Is your writing easy and fun to read?
    • Did you avoid overly complex jargon?
    • Is the title eye-catching?
    • Did you integrate links to resources and helpful content seamlessly for contextual purposes (blogs, docs, other media outlets)?
    • Did you explain concepts in a way a person new to crypto could understand?

  • Submission Requirements
    • Did you write your essay in English?
    • Is your submission at least 1,000 words? Note that typical bounty winners are ~2,000 words.
    • Did you submit before the deadline? Note: there will be no deadline extensions.
    • Did you include links to your sources under the title “References”? If you have used external sources and no references are included, your bounty could be rejected on grounds of plagiarism.
    • Kindly test your submission for plagiarism. If the submission contains more than 15% plagiarised content, your submission will be rejected. Regular offenders can also be disqualified from participating in the bounty program going forward.

Check out previous bounty winners to get a sense of the quality we expect.

Resources

Participation in this bounty is entirely voluntary. Bounties are a way to learn and dabble in opportunities to build in web3. These are neither full-time jobs nor project-based engagements. Please be advised that the sponsors will not have time for individualized feedback due to the number of entries we receive. Please check out

before further queries.

About Superteam

We help the most promising projects in the Solana ecosystem launch and grow. We are organised as a cooperative of creatives and operators who are experienced in launching and growing technology businesses. Our mission is to bring the benefits of the ownership economy to the creative class (rent your time for tokens, not dollars) while creating flexible work within the structure of a DAO.