The Next Big RWA Sleeper? EstateX ($ESX) Just Dropped Its L1 Testnet + Sold Out First Property in 5 Mins

I’ve been researching real-world asset (RWA) plays lately, and most of them are either vaporware or “coming soon” with little to show. Then I found EstateX, and it immediately felt different. $ESX token is live Listed on Kraken, MEXC, HTX $20m market cap – still super early Cross-chain (Base + Solana) Testnet for their custom RWA Layer 1 is live First real estate offering sold out in 5 minutes Regulated for retail investors in Europe Massive, active community on X and Telegram International institutional partnerships already in place And the crazy part? The main marketplace and launchpad haven’t even gone live yet. What EstateX Is Building EstateX is building a fully integrated ecosystem to let users invest in fractional ownership of real-world property via PROPX tokens. Here’s the kicker: It’s already regulated for retail investors in Europe. You don’t need to be a whale or accredited investor – regular people can legally participate. Real yield. Real ownership. No shady workarounds. Their utility token, $ESX, powers everything – governance, staking, rewards, platform fees, and future payments via EstateX Pay. 5-Minute Sellout = Real Demand Their first tokenized real estate offering sold out in under 5 minutes. No massive launchpad or hype machine – just legit early demand. That’s rare in RWA projects, especially at this stage. Cross-Chain + Major Exchange Listings $ESX is bridged across both: Base Solana And it’s trading on: Kraken MEXC HTX Kraken, in particular, adds credibility. They don’t list just anyone – especially in a space as regulated as real estate. Not Just a Platform – A Full RWA Infrastructure EstateX isn’t launching one product. They’re building a complete ecosystem around tokenized property and beyond: LaunchX – Primary Marketplace for investing in fractional real estate via PROPX tokens. PropXChange (Coming Soon) – Secondary market for trading PROPX – bringing liquidity to real estate. RWAPad (Coming Soon) – Launchpad for new tokenized RWA projects – not just real estate. TokenizeX – White-label tokenization engine for businesses, institutions, and asset owners to bring RWAs on-chain, fully compliant. CapitalX (Planned) – Permissionless lending using tokenized real estate as collateral. EstateX Pay (Planned) – Connect your on-chain real estate income to real-world spending via cards. EstateX University – Onboarding non-crypto users with financial literacy + tokenization education. EstateX Layer 1 – Testnet Is Live Their custom RWA-focused blockchain is live on testnet – built for: Compliant asset tokenization Verified ownership On-chain rental yield + income distribution Seamless integration with the EstateX ecosystem Owning the chain gives them control + regulatory flexibility – something most RWA projects lack. Institutional-Grade Partnerships EstateX isn’t going at this alone – they’ve secured international partnerships for: Property sourcing Legal structuring Institutional real estate investments This isn’t just a crypto-native play – they’re connected to the traditional side of the industry too. A Team That’s Actually Done This Before Forget anonymous founders and “stealth” advisors – EstateX is led by a serious team with proven backgrounds: Brock Pierce – Co-founder of Tether (USDT), early Ethereum investor Steve Craggs – Former CEO of RE/MAX England & Wales, now CEO of EstateX Core team includes professionals from real estate, fintech, compliance, and blockchain architecture These aren’t hype men – they’re builders with the right mix of experience to actually make tokenized real estate work. Massive, Growing Community EstateX has one of the most active early-stage communities I’ve seen in this space