# Ecosystem

The Sociallocket ecosystem represents a decentralised real estate acquisition protocol that allows users and partners to acquire real world assets (real estate). Desgined to brigde the gap between the digital and physical world by tokenising assets, users can acquire real estate assets using our decentralised exchange. Designed to provide transparency, efficiency and most important security, the ecosystem brings back ownership to its user like never before.

Part of Sociallockets foundation is our web application, which allows users to browse, search and filter through a list of real estate assets (Off Plan, Apartments, Villas, Land, Commercial and many more) advertised on the behalf of partners and subscribers.

Design to accommodate users from all walks of life, the platform is user-friendly and intuitive. Consisting of a range of features, in-built apps and tools, the platform provides real time data and metrics to ensure users are as close to the real world as possible.

While the platform is hybrid and has been architected using both Web 2 and Web 3, apart of its core underlying technology is a set of complex smart contracts. Designed to govern efficiency, transparency and security, the smart contracts have been well thought out and audited by credible external auditors.

The $SLT token is a utility token that can be used for a range of things such as:

1. Purchase Real World Assets (real estate)
2. Purchase Premium In-app Features
3. Trade on both Central and Decentralised Exchanges
4. Make payments in stores and online platforms (coming soon)

Besides forming partnerships with real estate developers, agencies, agents and other stakeholders within the real estate acquisition process, Sociallocket is currently exploring other ways to expand our network. We are currently exploring potential collaborations with other blockchain projects alongside start ups and established institutes.

Whilst leaning towards decentralised finance (DeFi), Sociallocket is particularly interested in creating more opportunities for its holders, users, community and partners. Tapping deeper into the world of finance and its in/outer workings, we foresee ways in which we can provide innovative financial products and services to benefit all across the globe.

Sociallocket doesn't just represent innovation but also represents a unique and exciting opportunity for holders, users and partners to earn rewards in using our platform. Furthermore, being apart of our growing community, isn't just an opportunity to be rewarded but also play a role whilst seeing Sociallocket become a leading key player in the world of artificial intelligence, blockchain, cryptocurrency and decentralised finance.&#x20;
