REX represents the arrival of the blockchain technology into the real estate industry. The REX project is realized by the foundation of the first decentralized worldwide property listing platform launched by REXMLS. The REX token sale happened in September 2017. The new blockchain-based technology has been optimized for global property listings and faster transactions on a real estate platform where users can access, control and exchange data without the interference of third parties. As the Ethereum platform powers the REX tokens, they are also used as part of the incentive system for rewarding users for their contribution, and so more listings are being created. The new peer-to-peer real estate platform is designed to serve both residential and commercial real estate consumers by connecting agents, vendors, buyers and sellers eager to be up-to-date with the crypto movement. REXMLS is one of the hundreds of technology startups that are building a new business on the Ethereum. Self-regulative smart contracts, an open network connecting all users and the option of POA ( proof of approvals) for those who submit their listings are just some of the many benefits coming with REX.

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