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Design + Eng · 2024

IOScomps

IOScomps is a peer-to-peer exchange where commercial real-estate professionals share verified sale and lease comps to unlock everyone else's. The hard part: bootstrapping a data network — designing incentives so members contribute accurate comps, and keeping the shared dataset trustworthy.

IOScomps
  • TypeScript
  • React
  • Supabase

IOScomps is a peer-to-peer data exchange for commercial real-estate professionals, focused on industrial outdoor storage. Instead of buying comps, members contribute their own verified sale and lease transactions to earn tokens, then spend those tokens to access comps others have shared. It launched in Greater Boston with national expansion planned.

The interesting problem was designing the exchange mechanics and trust model. Comps are scored by type and value — investment-sale comps are worth more than lease comps — and every submission goes through a verification and accuracy review before it's tradeable. Identity is tied to LinkedIn so the community stays accountable, with a limited 'IOS PRO' designation (capped per market) and founding-member rewards to seed early participation.

On the build side, that meant a token ledger and exchange flow, a comp submission and verification pipeline, LinkedIn-based auth and identity, and property records — building size, lot size, sale price, price per square foot — presented cleanly, plus the membership and application flow. The whole thing had to feel trustworthy enough that professionals would put their real deal data into it.

The outcome is a working market-data network that grows with its members: the more verified comps people contribute, the more valuable the shared dataset becomes for everyone.

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