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.
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The creation of limited liability companies 400 years ago laid the template for the modern company, which has been replicated across the globe and become the basic building block of modern commerce.