The biggest benefit of technology – especially cloud-based technology – is its ability to integrate with each other. Proptech devices like smart locks and video intercoms are already internet-connected. And most resident and property information can easily be transferred onto a secure blockchain, the software that NFTs live on. So, installing... See more
What’s interesting right now is it’s a case where laws haven’t caught up with the technology. Laws across the [U.S.], and state municipalities, would have to change how deeds get recorded. Right now, you go to the county clerk’s office, you don’t go to the blockchain.
According to analytics from DeepDAO , the total value locked in DAO treasuries is estimated to be around $10 billion at the time of writing. There are about 18 DAOs with over $100 million in their treasuries. The number of people with memberships in DAOs (governance token holders) surged past a million and keeps on growing. A combined total of over... See more
The only way this is going to become normalized is when and if local land laws are amended to allow for NFTs to certify title. Which might be a great idea because it would probably ease a lot of the recording issues that happen at title companies, and possibly even make title insurance cheaper.
The article argues that the concept of "entity thinking" from traditional centralized structures is being imported into web3 and causing the recreation of these structures in the form of DAOs.