What I Learned This Past Week - 10.11.22
Still long on crypto - Chris Dixon a16z
I’m sharing with whoever’s interested in what I learn as I try to remain clear-eyed about the opportunities for real estate and web3.
Did I miss important news or a great article this week? In the likely event I did, please shoot me an email (mark@hurstx.com) and let me know!
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This Week’s Musings
Stumbling upon the ‘still long’ quote from Chris Dixon this week brought a slight smile to my face. It’s no surprise that in spite of the crypto implosion of the last 6 months Chris would still be bullish on the sector. What I really appreciated was the succinctness of the statement. No need for outlandish hyberbole. Instead, a simple statement of trust me.
Informative Articles I Read
Flat For Flip Set To Become First European Real Estate Dao (ZyCrypto) - Light on the details around the DAO but I’m interested in the novelty of this approach.
Balcony DAO Co-Founder: There Are Clear Rules, People in Crypto Just Don't Like Them (Decrypt) - Hoping to one day have Balcony DAO’s CEO John Belitsky on Proptech Espresso.
Podcasts/Events/Webinars/etc. That I Listened To
Podcast 18 - Interview with Mark Dencker (RealEstate.Exchange) The Future of Real Estate (Anchor.fm) - An enjoyable listen if you have 40 minutes.
Web3 & Real Estate Summit (Propy) - I previously gave a shout out to this event, but use this link to register and get a 10% discount.
Innovative Companies I Discovered
Millennial Blockchain - Offers clients the ability to mint, store and transfer title on properties using NFTs and the blockchain.
Moon Mortgage - Crypto lending platform for real estate.
Tokenyzed - With Tokenyzed anyone can buy shares in income producing rental properties starting at just $50.
Realto Group - Blockchain & AI technology platform enabling real estate asset managers, property owners, portfolio and fund managers to raise capital, sell real estate assets, and launch real estate NFT marketplaces.
Flat for Flip - Collection of 7,777 NFT Apartments in 7 European countries. NFT ownership grants holders access to an exclusive real estate investment group where members co-invest with each other in the European market.
People You Need To Follow On LinkedIn
Nabyl Charania - Founding & Managing Partner at Meta4 Capital
Aaron Nevin - Founder & CEO of Moon Mortgage
Web3 Announcements From Proptech Companies
Crypto Lending Platform Moon Mortgage Raises $3.5M Seed Round (Coindesk) - CryptoMortage, Moon Mortgage’s first product, takes investors' digital assets as collateral, and then provides 100% financing for investment properties.
Random But Important Things I Stumbled On
Farm to bottle? How the blockchain helps a whisky and rum producer protect his brand (Fortune) - Really cool application of blockchain and they plan to opensource it to boot.
Fresh Del Monte invests in blockchain food traceability platform (Ledger Insights) - Pineapples on the blockchain? Super interesting to see Del Monte acquiring a minority position in a blockchain compnay.
Portugal Plans to Impose 28% Tax on Crypto Gains (Decrypt) - The short-term tax haven party in Portugal is coming to an end. Crypto asset holders will now need to stick around for a year to lock in the exemption.
