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...
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,...
MARBELLA, SPAIN — Luxury Real Estate broker Alexander Grann, CEO and Founder of OMNI Estate Group, is thrilled to announce the projects he will be undertaking to reshape Real Estate and take OMNI to greater heights as ‘Leaders in the Next Generation of Luxury Real Estate. The Omni Group is a well-known real estate investment and development company with a proven track record in providing...
Lars Willemse provides a framework for remote workers to pursue the geoarbitrage lifestyle. As an alternative to renting property or taking out a mortgage, VacayShares is based on peer-to-peer crowdfunding. The geo arbitrage lifestyle is intriguing for many, to say the least. Geo arbitrage means that anyone can enjoy a great lifestyle in locations where the money earned online lasts 5 to 10 times longer...
]June 9th: I am in a hotel room in NYC: I am nervously staring at the screen of my small, rose gold-colored computer. Thankfully, the WiFi is working well, − which is always an unknown at a hotel. In one hour, an irrevocable auction online will start. Truthfully, I have no idea what will happen. It all started in April this year when I wrote an article sharing the idea that real estate is the perfect...
While the DeFi market is approaching $100 billion, several key players in the non-fungible space such as the number one NFT company in the world, Animoca Brands, is betting on Vera’s NFT DeFi protocol as the missing catalyst required to take the DeFi market to a trillion dollars and provide immediate social financing to billions of people in need around the world. So how exactly is Vera accomplishing...
The world of property is changing fast, and it is important to stay up to date on all the innovations in the space. The blockchain and cryptocurrency realm is slowly changing the way many markets work, and the property industry is no exception. With these innovations, there will be many new opportunities that you should be aware of as an investor. One such opportunity relates to the use of non-fungible...
The rampant hype around NFTs, fueled by million-dollar art buys and cryptocurrency billionaires, can make NFTs, or nonfungible tokens, appear like a novelty to a seasoned investor in assets like commercial real estate. Novelties, even popular ones, don’t make a business. But amid the development and investment rush into new digital assets and platforms, including cryptocurrency and the metaverse, a...