Executive Summary
Propbase founder and CEO Kevin Goose joined Hood Daily host Dale for an AMA hours after the PROPS token went live on the Robinhood chain, with the bridge opening during the show itself. Propbase, founded around 2022 and based in Thailand, tokenizes hotels and resorts so anyone can invest from 100 dollars, earn rental yields and trade their stake on a secondary marketplace, and Bangkok was the most tourist-visited city in the world in 2025, overtaking Paris. Goose traced his background building very large property portals, the project starting on Aptos in 2022 and expanding to Base and Ethereum in 2024 and 2025, and the team's LayerZero integration aiming for an omnichain setup. He explained the legal structure, each tokenized property sits in an LLC holding the title deeds, with legal opinions attached, and named Wyndham as the first major asset brand, a four-star name doing well in Thailand. The conversation closed on what comes next: auto-compounding as the most requested feature, token holders participating in governance, more assets deploying onto the Robinhood chain, and a warning to use the correct contract and pinned link to avoid scams.
💡 Discussion Highlights & Key Takeaways
- [00:00] Propbase is a tokenized real estate investment marketplace founded around 2022, led by CEO and founder Kevin Goose and headquartered in Thailand.
- [00:00] $PROPS went live on the Robinhood blockchain one to two minutes before the AMA started, and the bridge was opening during the show.
- [00:00] Anyone can invest in professionally managed real estate from as little as $100, earn rental yields and trade their stake on the secondary marketplace.
- [00:00] The assets tokenized are mainly hotels and resorts, and Bangkok was the most tourist-visited city in the world in 2025, overtaking Paris.
- [10:52] Goose's background is building very large property portals, and he framed tokenization as a fix for opaque, regionally focused real estate transactions.
- [10:52] Propbase was built on Aptos in 2022 and expanded to Base and Ethereum in 2024 and 2025.
- [10:52] The team integrates with LayerZero and aims for an omnichain setup as tokenized real estate grows.
- [10:52] The project survived the 2022 bear market with its tokenized assets still operating and busy.
- [24:29] The $PROPS utility token is used across the products Propbase ships, including fee discounts.
- [24:29] Goose owns fractions of five or six properties himself.
- [24:29] Propbase built its own tokenomics dashboard, and the team wants $PROPS listed on all major exchanges.
- [24:29] The first major asset brand mentioned was Wyndham, described as a four-star well-known brand.
- [35:55] Each tokenized property sits in an LLC holding the title deeds, with legal opinions attached.
- [35:55] Goose said the structure keeps friction low in the United States specifically.
- [35:55] All products are built mobile-first.
- [35:55] Token holders are intended to participate in governance decisions.
- [50:23] Community members asked for auto-compounding among the most requested features.
- [50:23] Secondary marketplace traders were discussed as a source of feedback for future features.
- [50:23] Goose said the team likes to build and pointed to a team spread across India and Thailand.
- [50:23] He offered to return to the Space to report on progress.
- [58:37] The AMA closed with Goose saying the goal is to make a positive contribution to the Robinhood chain and the RWA space.
- [58:37] He framed Propbase as a first-in-class fully decentralized protocol for tokenized real estate.
- [58:37] The team plans to deploy more tokenized real estate assets onto the Robinhood chain.
- [58:37] Listeners were warned to use the correct contract and the pinned link to avoid scams.
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