Details
Guests:
- Hakim Korso Tlemsani, Founder and CEO of Globees
- Pierre MAFFRE , Co-Founder of Blok
- Gary Florimont, COO of KryptoStone
Hosts:
- Valentina Malusardi , Community Manager at Morningstar Ventures
- Njani Ruetsch, Content Manager at Morningstar Ventures
Welcome to our discussion on real estate in Web3 crypto world. Today, we'll delve into how blockchain and cryptocurrencies are reshaping and revolutionizing the global real estate sector. This ever-expanding topic has captured the attention of enthusiasts worldwide, and we're excited to explore its transformative potential.
Top 3 Key Takeaways:
1. The intersection between crypto and real estate is changing the way we buy property:
The conversation began with our guests going a bit deeper into how the crypto space is changing traditional real estate. They stated, as the cryptocurrency market continues its exponential growth, the real estate industry embraces new opportunities and challenges. The underlying blockchain infrastructure is at the core of these advancements, providing transparency, security, and transaction traceability. With this transformation, the process of buying, selling, and managing properties is rapidly evolving, ushering in a new era at the intersection of real estate and crypto.
2. Fractionalization lowers the entry barriers for potential investors:
One of the groundbreaking changes brought about by cryptocurrencies and blockchain is fractional ownership. This enables investors to purchase and trade smaller fractions of valuable properties. The significance lies in its ability to lower the entry barriers for potential investors. With fractionalization, individuals can pool their resources, collectively investing in high-value properties that otherwise would have been financially out of reach. This shift democratizes access to real estate investments, making it more inclusive and empowering a diverse range of investors to participate in the market.
3. Web3 real estate welcomes diverse portfolios, enhanced liquidity, and global accessibility:
Towards the end of the Spaces, our guests dived deeper into the topic of how investors can diversify their portfolios with the power of web3. The crypto-driven transformation of real estate isn't limited to accessibility alone. Investors can now diversify their portfolios by engaging in properties across the globe. Digital tokens, representing real estate assets, offer enhanced liquidity compared to traditional real estate investments. This liquidity translates to quicker and more flexible exits from investments. Moreover, the global nature of cryptocurrencies enables investors from different corners of the world to engage in real estate projects beyond their local markets. This global accessibility further enriches the investment landscape and opens doors to cross-border opportunities.
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Thanks again to our guests for joining our Roundtable discussion and for all the interesting insight.
EGLD Community hosts Twitter Spaces Roundtables and Interviews every month, so keep an eye out for our next session!
Links:
Website: https://linktr.ee/globees_project
Website: https://linktr.ee/blok_project
Website: https://snipfeed.co/krtyptostone