High Ethereum Gas Fees Impacting Real Estate Transactions



ATLANTA, August 26, 2021 / PRNewswire / – Canadian company AQRE, renowned for its AQRE app and technology approach to real estate, announced that it is shifting its focus to a new real estate platform, AQRE Home, launched in August 2021… The decision came after months of Ethereum’s gas price hikes delayed the relaunch of the company’s flagship product, the AQRE app. The company believes this shift will be beneficial in the long term as it gives time for a market correction. Chelle coin has additional investment opportunities and starts a new phase of growth with new product offerings.

The AQRE team is a group of technology enthusiasts who saw the need for digital currencies in the real estate industry. When the company launched its first Chelle coin token offer in November 2018 and set up my investment app to pay dividends in ETH, market conditions were much more optimal for such an effort. Two years later, high gas charges and a volatile cryptocurrency environment made this shift in focus necessary. The transition to a new platform does not represent a major shift in the overall strategy of AQRE, but is a natural development.

“Based on Ethereum news updates, we believe gas charges will eventually return to a manageable level,” said the CEO. Ronis Harrison, “but for now, high transaction costs have led to a significant change in plans. With AQRE Home, we have created a new real estate product that does not rely on Ethereum, without detracting from our values ​​of transparency and accessibility. or decentralization in real estate.”

The new product, AQRE Home, is the latest to join the AQRE ecosystem consisting of the AQRE app, AQRE Lending and Chelle coin… Unlike the partial real estate investment that is at the heart of the AQRE app, AQRE Home gives Chelle coin holders of a new platform for buying, selling and renting real estate using their tokens, dollars (USD) or bitcoins.

For both real estate professionals and homeowners, the AQRE Home platform also allows you to manage all aspects of renting, selling or buying property from one place.

“We always strive to provide our users with maximum value,” added Harrison. “This is why we continue to innovate in real estate with a new line of products starting with AQRE Home.”

The AQRE team hopes that the new platform will enable users to stay connected with the company in anticipation of market adjustments, as well as provide additional time needed to ensure a smooth relaunch of the AQRE application.

To learn more about the updated line of AQRE products, and to keep abreast of the latest developments of the company, take a look at the company’s blog at www.aqrehome.com/blog/

Ronis Harrison


1-844-424-2773 ext 6

[email protected]

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SOURCE AQRE Technologies


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