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Digital Real Estate: Web3 Will Forever Change Real Estate Investing
What if we could take a real estate property and divide it into many small pieces of ownership that can then be flexibly combined by individuals, just like we do with shares of corporations? That’s what’s behind the idea of tokenized real estate and web3 technology seems just about mature enough to make this a reality.
Florian Strauff • CitaDAO Delivers Real Estate On Chain, DeFi Style
Digital real estate has always had value. What’s different about web3 is that digital asset paradigms like non-fungible tokens (NFTs) make it possible for individuals to uniquely own – not just rent – specific pieces of digital real estate and metaverse land and locations for private or shared use. Blockchains, a core web3 technology, enable this
... See moreScott Kominers • Metaverse Land: What Makes Digital Real Estate Valuable - a16z crypto
Blockchain technology will enable real estate to be bought and sold in the same way as any Non Fungible Token (NFT). This can be done instantaneously and at any time, from anywhere in the world.
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