Summit Real Estate is a decentralized platform that enables individuals to buy and sell properties using cryptocurrency. It addresses the challenges associated with traditional real estate processes, such as fraud, high transaction fees, and lengthy processing times.

Summit Real Estate connects buyers and sellers directly through its decentralized platform, eliminating the need for intermediaries. Using smart contracts on the Binance Smart Chain, the platform automates the buying and selling process, making it more efficient and secure.

Summit Real Estate offers several advantages over traditional methods, including increased security through decentralized transactions, reduced risk of fraud, lower transaction fees, and faster processing times. It also enables global accessibility, allowing people from anywhere in the world to invest in real estate.

Summit Real Estate utilizes smart contracts, which are self-executing contracts with predefined conditions. These contracts automate the transaction process, ensuring that the terms are met and reducing the need for trust between parties. By leveraging blockchain technology, the platform provides transparency, immutability, and a decentralized network, enhancing security and efficiency.

The $SRE token is the native token of the Summit-City DAO ecosystem. It is used for various purposes, including staking to gain access to meta land in the Summit City Metaverse. Staking $SRE tokens increases demand for the token, potentially leading to increased stability and strength of the token.

Token buybacks refer to the DAO repurchasing its own tokens from the market. When tokens are bought back, the circulating supply is reduced, which can contribute to an increase in the token’s value. The DAO distributes these buybacks to shareholders, rewarding those who have invested in the system. This mechanism incentivizes shareholders to continue holding their tokens, as they can benefit from potential future token value appreciation.