What Are We Creating?

Using Zillow's API, we'll create a fractionalized real estate token for this boot camp.

Asset Selection

For this workshop, we will create tokens that enable real estate fractionalization. The asset selection will be a real-world property, and the data will be sourced via an API using Chainlink Functions.

For this example, our tokenized asset will represent an off-chain asset. Creating a token with collateral and backing is outside the scope of this boot camp.

Token Specification

We will be creating an ERC-1155 token, which enables us to combine the fungible nature of ERC-20 tokens for fractionalization with the ability to assign unique attributes to the token set through a URI (Uniform Resource Identifier) as the ERC-721 standard provides.

Blockchain Selection

Our tokenized asset will implement CCIP to enable availability on any chain. We will deploy the issuer to the Avalanche Fuji blockchain. That means that the initial issuing will be done on Avalanche Fuji, but then the token can be transferred to any other chain that is connected with Avalanche Fuji via Chainlink CCIP.

Off-chain Connection

To create an on-chain asset that is connected and reflective of a real-world asset, we need to connect the blockchain to the real world. To accomplish this, we'll use Chainlink Functions and Automation.

Functions will enable us to read from the Zillow API, and Automation will automate this call to update the data daily.