What I Learned This Past Week - 10.18.22
Where the Magic Happens
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
No headline grabbing news this week, but I ran across lots of interesting things in my research this week. Hopefully we con string a few weeks of this calm together and focus on some of the cool innovation emerging in the real estate web3 space.
Oh, and MTV Cribs is back for a 19th season! How can it only be season 19? I remember watching this in high school. Guessing MTV can’t find room in it’s schedule because it is required to play episodes of Ridiculousness 22 hours a day.
Informative Articles I Read
Roofstock onChain Sells First Real Estate NFT Purchased with USDC through On-Chain Home Financing (Global Newswire) - Exciting to see that Roofstock was able to successfully complete this sale in a matter of weeks since it was first announced.
The Once-Hot Market for Metaverse Land Is Attracting Risky Bets (Bloomberg) - More speculators hoping to make a quick buck on depressed virtual land.
Startup Adapts Credit Default Swap Model to Unsecured Crypto Loans (The Defiant) - The innovation is exciting, but what could go wrong is terrifying.
Podcasts/Events/Webinars/etc. That I Listened To
Imagination in Action - Web3 Summit (The Battery) - Couldn’t secure an invite to this exclusive event, but I’m guessing it was awesome.
Innovative Companies I Discovered
Robinland - Robinland tokenizes high-quality commercial real estate debt into on-chain crypto tokens to help real estate developers access liquidity from DeFi lenders.
People You Need To Follow On LinkedIn
Scarlet (Sijia) Chen - CEO of Robinland
Domingo Valadez - Co-founder of Homebase
Web3 Announcements From Proptech Companies
KEYS Metaverse Introduces the World's First web3 Real Estate Metaverse Experience Built on Unreal Engine 5 Accessible on Every Device Worldwide (Yahoo) - I couldn’t let this press release go without acknowledging how ridiculously long the headline was. I thought the ending was a particularly fine addition.
Everyrealm Launches Virtual Real Estate Game Hometopia (The Crypto Times) - A lot of hype for this game. Predicting it is going to fall far short.
Random But Important Things I Stumbled On
Microsoft Forms New Team to Target ‘Industrial Metaverse’ (The Informtion) - OK, Microsoft placing a bet on the industrial metaverse. Has to legitimize the metaverse a bit, right?
SEC Claims All of Ethereum Falls Under US Jurisdiction (Decrypt) - Interesting take. Seems like a slight overstep to me.