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When Purchasing a Real Estate NFT, What Are You Really Buying?
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.
Buritona • Real Estate Services Move On-Chain - Bankless Publishing
-To the millennial, investing in real estate is as unattractive as possible in terms of an investment. The process of buying a property is long, tedious, and out of date.-The search for an "Easy Buy" button for real estate could be provided by NFTs, DeFi, and the wider Digital Real Estate ecosystem-The main ways that Blockchain will benefit our... See more
Parcl • Digital Real Estate: Web3 Will Forever Change Real Estate Investing
2. NFTs DeedsThe record of a purchase is placed on the blockchain and provides access to the legal documents. This minimizes costs for buyers and streamlines the purchasing process down to mere minutes.
Polygon • Polygon Blog | Announcements, updates, and news
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
The “real world” version of an NFT might be something like the deed to my house (verifiably scarce), if I could prove ownership to my insurance company by signing a transaction in a wallet that holds the receipt of my deed (digital representation of property). I could grant access to the house for Airbnb guests with the NFT (programmable), or I... See more