RWA marketplace

Engineering a Global Marketplace for Air Rights

Product Owner / Head of UX
Founders, Engineers, Blockchain Developers, UI/UX Designers
sky.trade
Product Strategy, End-to-End Design, Research & Testing, Blockchain UX/UI, Problem Solving
7,000+ airspaces tokenized
$35M market valuation generated
35% increase in transaction volume
25% growth in new user sign-ups

1. Introduction

SkyTrade is a disruptive platform that allows property owners and investors to tokenize, trade, and monetize "air rights", the legal space above physical land. As the Lead Product Designer and Manager, I was responsible for taking this complex, nascent concept and building a comprehensive marketplace from the ground up. My primary objective was to lead the Real World Asset (RWA) strategy, transforming $30 trillion of "invisible" assets into a digital, programmable economy accessible through a seamless mobile-first experience and a robust web application.

2. The $30 Trillion Problem

Air rights have historically been a "dark asset"—legally complex and lacking a public marketplace. In New York City alone, the air rights market is valued at $550 billion, yet 95% of property owners have no way to access or monetize this value. The business challenge was to build a platform capable of handling secure, blockchain-powered transactions while solving the massive educational gap. Building from "Zero to One" meant defining a new asset class where users could claim, rent, or sell their airspace with the same ease as listing a room on Airbnb.

3. Research & The "Discovery" Gap

Our research revealed a critical bottleneck: Marketplace Liquidity. While property owners wanted to "claim" their land via mobile, institutional investors needed a desktop experience to manage large portfolios. We found that users didn't just want a list of addresses; they needed to understand "Value Drivers." Through interviews, we identified that proximity to logistics hubs and high-density drone corridors increased asset desirability. This insight shifted our product focus: we weren't just building a wallet; we were building a Geospatial Discovery Engine.

4. Design Strategy: The Synergy of Search & UX

TWhile the initial approach was mobile-first to capture on-the-go property claims, I led the expansion into a Web App to support deep-dive analysis and portfolio management.

Geospatial Search Architecture: I designed a search engine that functions as the heartbeat of the app. On mobile, it’s optimized for "Claiming" via GPS. On the web, it’s a powerful research tool with "Heat Map" overlays showing drone traffic density and projected rental yields.

Frictionless Onboarding: To solve the "Crypto Friction," I implemented Web3Auth, allowing for social logins. This reduced onboarding time from a typical 10-minute wallet setup to under 3 minutes, ensuring that once a user discovered an RWA via search, the path to acquisition was frictionless across all devices.

5. Key Features: Tokenization & The RWA Marketplace

The final solution was a high-performance ecosystem designed for scalability:

SRWA Tokenization: A seamless flow that converts physical land coordinates into a digital token (NFT) representing air rights.

SAdvanced Filtering: Users can parse the global marketplace by "High-Demand Zones," "Auction Status," and "Yield Percentage."

SPortfolio Management: A dashboard providing real-time reporting on asset appreciation and rental income.

SMulti-Device Portfolio Management: A synchronized dashboard providing real-time reporting on asset appreciation and rental income, accessible whether the user is in the field (Mobile) or the office (Web).

Seamless Onboarding: By "abstracting the blockchain," we allowed users to interact with Real World Assets without needing to understand the underlying smart contracts.

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6. Outcomes & Quantifiable Impact

The launch of the SkyTrade MobilApp successfully validated air rights as a liquid RWA class. The data-driven results include:

Asset Volume: Successfully tokenized over 7,000 airspaces with a total market valuation of $35 million.

Growth: Achieved a 35% increase in transaction volume within the first quarter post-launch.

Engagement: The implementation of geospatial search and discovery features led to a 35% rise in platform engagement.

Acquisition: A structured referral program and simplified onboarding drove a 25% increase in new user sign-ups.

UX Clarity: Educational valuation tools improved user informed-decision rates by <30%/b>, reducing the "fear of the unknown" in a new market.

7. Outcomes & Impact

The redesign transformed the onboarding flow from a critical business bottleneck into a high-performance growth engine. By optimizing the "Onboarding Friction Index" and prioritizing UI clarity, we successfully reduced the total time to open an account to less than 5 minute. This radical increase in velocity directly correlated with a 30% rise in total approved applications, as the 40% of users who previously abandoned the process due to its length were now able to complete it seamlessly. Furthermore, the strategic integration of self-identification tools and "Maid" verification resulted in a 90% reduction in fraudulent sign-ups, securing the platform without compromising the user experience. Operationally, the focus on proactive error handling and clear placeholders eliminated 80% of preventable support tickets, proving that a data-driven design approach can simultaneously improve user satisfaction and internal team efficiency.

7. Reflections & Learnings

SkyTrade proved that in the RWA space, Search is the primary driver of value. In a market that previously didn't exist, the UI must act as both a marketplace and an educator. By focusing on how users discover value through map-based search rather than just how they execute a trade, we lowered the barrier to entry for a $30 trillion market. This project reinforced my ability to lead cross-functional teams through extreme ambiguity, delivering a consumer-grade experience for a complex financial product.