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 biggest priority [for a U.S. deal] is compliance with the U.S. Bank Secrecy act. You can’t be selling anything to anyone without knowing who they are, let alone real estate that will be traded on secondary markets.”
In Web3 era communities play a major role in the success of a project, so founders should prepare strategies that bring communities together with a solid purpose. Founders should think of ways to build organizations that are community-owned
DAOs enable novel ways in which groups of people can come together, set shared goals, and collaborate with each other to achieve them using well-aligned incentives.
-The tokenization of entities in the industry will aid fractional ownership. Hence, rather than not investing because you do not have all the money, tokens help you own a piece.
-There are many benefits of using blockchain technology in real estate. From title transfers to price negotiations, blockchain technology offers a simple and secure way to perform complex real estate transactions.