Real estate may be forever revolutionized, thanks to decentralized technologies. As the Metaverse grows — so does digital real estate. Mark Zuckerberg might claim the Metaverse is the future — but in the eyes of others, the future has already begun. Science fiction author Neal Stephenson coined the term “Metaverse” back in his 1994 novel, Snow Crash. Within the pages, the main character, Hiro...
In the online world, NFT real estate already exists, in which you can buy, sell, and own a piece of the metaverse and earn income from it. Meanwhile, in the real world, NFT is also changing the real estate industry through tokenizing physical properties, from there, creating NFTs that represent them (this is an example of an asset-backed NFT), and offering dramatic benefits to real estate owners and...
Non-fungible tokens are really in demand right now in the wine industry. Here is what wine businesses are offering through NFTs. The latest trend sweeping the internet is NFT. NFTs have taken the tech world by storm. Recently digital artist Beeple's NFT was sold for $69 million at a Christie's auction; before that, Twitter CEO Jack Dorsey's first tweet was auctioned off for $2.9 million. You're probably...
The future of NFTs goes well beyond JPEGs. These use cases are just a starting point. You are probably sick of hearing about NFTs at this point. Perhaps you've heard of celebrities like Paris Hilton and Tony Hawk joining in on this crypto world of art or the astronomically high prices people are paying for cartoon monkeys and pixelated images. There is certainly a lot of hype around NFTs, and people are...
Are you focused on the future? Are you interested in crypto? If the answer is yes, then join our 2-day Crypto and real estate summit. Learn about the emerging trends and meet new friends. Day 1: We will cover crypto, DeFi, NFTs, Metaverse and Web 3.0. We will also dig into the future of real estate and mortgages in the real and virtual worlds. Day 2: We will focus on how to build the future, which...
Blockchain real estate. Several industries have lately discovered the sheer amount of positive utility the blockchain technology will bring into their space. One of those industries happens to be the real estate industry. Real estate remains the largest asset class in the world. As per Fortune, London-based real estate advisor Savills tallied up the value of all global property, including commercial and...
Consumers will be able to leverage their BTC holdings and digital assets to purchase real estate in the United States. Miami-based fintech startup Milo is introducing what it claims is the world’s first “crypto mortgage.” The digital bank will allow crypto investors to leverage their digital assets to purchase real estate in the United States. At the moment, only customers wanting to use Bitcoin...
Nonfungible tokens (NFTs) continue to make an impact on multiple sectors, and this mainstreaming is opening up new opportunities and revealing new trends for blockchain technology. Recently, the real estate sector has shown interest in blockchain technology because it opens up the potential for fractionalized ownership, cryptocurrency-backed mortgages, and other unique ownership, financing, and payment...
NFTs are emerging as a new tool for real estate investors of all stripes, from mortgage note investors to commercial real estate ventures. Non-fungible tokens (NFTs) seem to be in the news almost every day. From record-breaking prices for NFT art to NFTs used as marketing tools for popular fast-food chains, the trend seems to be catching on. As a gimmick or collectible (sometimes both), NFTs are easy to...
The first two properties in the oceanside projects of Aurora and Saudade in Portugal, Prometheus International and paid for with EUR4.1 million in cryptocurrency. This sale makes it the first and most expensive luxury real estate purchase in Portugal since the blockchain revolution. Priyesh Patel, CEO of Prometheus, revealed today that the company secured an agreement in August to sell two luxury houses,...