What I Learned This Past Week - 10.25.22
Hype running far ahead of reality
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!
Thank you for taking the time to read REw3. If you like what you are reading consider subscribing to stay up to date on this quickly evolving space.
This Week’s Musings
This past week flew by and I hadn’t done a great job capturing content as the week went along. Luckily there was an abundance of news so I had no lack of content to pull from. To top it off, I got to record a podcast episode with Vernon J from EquityCoin earlier today, so I had extra motivation as I pushed hard to hit my Tuesday night newsletter deadline.
Informative Articles I Read
The Only Crypto Story You Need (Bloomberg) - When Bloomberg magazine dedicates an entire issue (cover to cover) you know it’s important and an absolute must read. Seriously, you need to read this. ALL OF IT! It’s an investment, but worth the time you dedicate to it.
Web3 Real Estate Landscape (Mirror) - I think this landscape is missing a few companies, but it’s the first I’ve seen on web3 real estate so have to give it props.
Fyre Festival island to be transformed into luxe, crypto-only resort (New York Post) - This headline certainly conjured up a few memories (and laughs). Hopefully this reinvention is more of a success than it’s legendary predecessor.
INTERPOL launches first global police Metaverse (Interpol) - I wish this made me feel safer about the metaverse.
ELYSIA Signs MOU with Galaxia Metaverse (The Tokenizer) - Are these sorts of web3 partnerships the next trend?
Podcasts/Events/Webinars/etc. That I Listened To
Roofstock Execs on Web3 Real Estate (CoinDesk) - Roofstock onChain Chief Blockchain Officer Geoff Thompson and Head of Web3 Initiatives Sanjay Raghavan share a few insights into the future of the real estate market powered by web3.
Vernon J (Proptech Espresso) - While this episode won’t be out for a few weeks (actually exactly 2 weeks), I want to plug this inspirational conversation I have with the founder of EquityCoin. You won’t want to miss this episode when it drops (on Nov 9th).
Innovative Companies I Discovered
BonfireDAO - Bonfire enables you to own partial interests in single-family rentals, apartments, office buildings, and hotels without a down payment.
People You Need To Follow On LinkedIn
Rob Hanh - Managing Partner at 7DS Associates
Web3 Announcements From Proptech Companies
None this week :-(
Random But Important Things I Stumbled On
IRS 2022 Tax Guidelines to Treat NFTs as Stablecoins, Cryptocurrencies (Decrypt) - IRS providing a bit of clarity and plenty of wiggle room.
UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments (CoinDesk) - Not a law yet and the still need King Charles’ approval!
