Explore new horizons 🚀 #WRES2022 is the only conference that merges the power of real estate with the power of Web3, Blockchain, Crypto, and NFTs in the real world and the metaverse.🔥 We look forward to seeing you in Miami with Derek Taylor, Steve Streetman and Sundance Brennan ✨ They will join us to talk about the confluence of Web3 and Real Estate Technology. We’re thrilled to have them on our...
Real estate investors scramble to get their hands on luxury property investments on the blockchain. One of the most revolutionary ways of using crypto, combining fractionalized NFTs with real estate properties, is The Hideaways (HDWY). But what are NFTs? And what is The Hideaways? Is it a project worth checking out and why? This deep crypto dive will cover NFTs, real estate investment, and how The...
The process of purchasing a home, especially in this economy, can be a true headache. Finding your ideal digs is just step one of the strenuous processes. You have to worry about back-end paperwork, the initial offer, closing costs, and so much more. It could take up to two years to get to the closing cost, and you could still have issues the day you plan to close on the property. But what if there was a...
The judge issued this ruling as an explanation for the injunction he granted in May preventing any potential sale of a Bored Ape NFT. Non-fungible tokens (NFT) can be considered property, the Singapore High Court has said. Justice Lee Seiu Kin ruled Friday that NFTs meet certain legal requirements to be considered property, such as being distinguishable from other similar assets and having an owner who...
Research from Boston Consulting Group (BCG) and ADDX arrived at a figure of $16 trillion as a conservative estimate of the number of assets that will be tokenized by 2030. What Happened: In a recent report examining the relevance of on-chain asset tokenization in a crypto winter, analysts at BCG and ADDX said that multiple asset classes that are “only accessible to limited wealthy investors” could...
Introduction The past year has seen NFTs become a huge hit with the Web3 community, and some record-breaking sales have grabbed the attention of mainstream media. But, what are NFT’s and why are they selling for millions of dollars? We’ll give you a brief explanation of NFTs, their use case, and why they could be a huge hit in the real estate industry. What are NFT’s NFT stands for Non-Fungible...
A Florida home was auctioned off as an NFT (non-fungible token) — a potential first for both real estate and cryptocurrency. The Gulfport four-bedroom house sold for $653,163 of ether, and the winning bidder now holds the NFT, signifying ownership on-chain. Propy, a blockchain real estate startup, hosted and facilitated the sale. “This is just the first seller in our pipeline and we’re seeing a...
Cryptocurrency and the blockchain have made their way into many industries. And as more and more of our lives move into the digital arena, the ways in which we buy and sell products are continually changing. Real estate is seeing its own shift toward the blockchain with the creation of nonfungible tokens that represent physical properties. This technology is sure to have a dramatic impact on the future of...
It is not uncommon for people to buy vacation homes they may only visit a few times a year. What about a home you never visit? And that does not actually exist? The market for digital files sold as nonfungible tokens (NFTs), has exploded this year, most notably when an artwork by Beeple sold for US$69.3 million at an online auction held by Christie’s in March. But real estate, architecture and design...
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...