What I Learned This Past Week - 11.15.22
Short term pain?
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
It was impossible this week for web3 to escape the long shadow of the evolving FTX story and most real estate web3 companies chose to keep a low profile. This latest implosion has rocked the entire space and led many to question the validity of the technology and the companies building in it. We certainly haven’t see the bottom of this phase as many companies and investors are still trying to uncover their true exposure.
Informative Articles I Read
KU beats Duke in wire-to-wire Champions Classic duel (KSNT) - Rock chalk Jayhawks!
FTX Analysis from CoinMetrics Head of R&D (Twitter) - Thanks for sharing this thread Roman Cepeda.
Podcasts/Events/Webinars/etc. That I Listened To
Affordable Housing Investing on the Block with Vernon J (Proptech Espresso) - Shamelss plug of my podcast episode with Vernon J. I love the energy, warmth, and passion that Vernon brings to our discussion about making progress on affordable housing via community investment.
Innovative Companies I Discovered
Polycount - Metaverse architect studio.
Bricktrade - UK based real estate fractionalization platform.
Blocksquare - Tokenization infrastructure real estate.
Million Dollar - I think they are late to the game, but they claim to be the first real estate metaverse company.
People You Need To Follow On LinkedIn
Joshua Kagan - Co-founder & CEO of Bonfire
Web3 Announcements From Proptech Companies
OwnProp Continues Expansion - Enters Houston Market (PRNewswire) - Awesome to see the team at OwnProp go to Houston after Atlanta.
Random But Important Things I Stumbled On
Vitalik Buterin Shares Thoughts on FTX Implosion (TradingView) - One of the few people I feel like I can still trust in the crypto space, I was still somewhat surprised to see Vitalik come out and call FTX’s actions ‘fraud’.