What I Learned This Past Week - 2.6.23
A motorcycle for the mind
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/AI.
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
Steve Jobs used to say human beings are one of the slowest animals on the planet - until you give them a bicycle. He talked about the computer being the bicycle for the mind. The computer has been transformational in all aspects of our lives and it’s almost impossible to comprehend how certain things were done in the past.
If the computer was the bicycle, then AI is going to be a rocket-powered motorcycle for the mind. AI will revolutionize the way most tasks are done, making us more productive and I believe, more creative. Buckle up, it’s going to be a wild ride.
Informative Articles I Read
Architects Are Using AI to Create Projects of Their Dreams (Propmodo) - AI is seeping into all areas of real estate, including progressive architects who are stretching their thinking by using AI tools such as Midjourney.
Roofstock Sells Alabama Rental Property Via NFT (Blockworks) - Roofstock announces its 2nd web3 sale.
Roofstock X Edge of NFT Giveaway (Gleam) - Custom NFT giveaway, with the added utility of a free GA pass to Outer Edge.
From today, you can pay for real estate with crypto in New York (Micky) - Having New York State Assembly pass this approval means a lot of other states will surely follow.
Korea to allow digital tokens of real estate, IP rights next year (Pulse News) - Korea continues to be a leader in web3 adoption in Asia.
Podcasts/Events/Webinars/etc. That I Listened To
None this week
Innovative Companies I Discovered
Deepblocks - Provides high-precision digital tools that enable real estate developers and investors to pick the best site for their projects.
Likely.AI - AI solutions that help real estate agents assess their lead database for contacts who are likely to sell based on various data sources.
People You Need To Follow On LinkedIn
Ege Ozgirin- Co-founder & CTO of Oda Studio
Web3/AI Announcements From Proptech Companies
Deepblocks is using AI to make site selection more efficient and effective (Refresh Miami) - Deepblocks automates the site selection and feasibility analysis process.
Investing in the first P2P Exchange for Tokenized Real Estate (Zain Ventures) - Awesome to see Max Ball and the Lofty team get backing from Zain Ventures.
ValueBase, backed by Sam Altman’s Hydrazine, raises $1.6 million seed round (Techcrunch) - ValueBase plans to use land-first models to create mass appraisal modeling and property valuations.
Wise Agent CRM Releases AI Writing Integration with OpenAI’s GPT-3 (MartechSeries) - More commercialization of Open AI’s GPT-3 in real estate applications.
Random But Important Things I Stumbled On
In light of the devastating earthquake in Turkey & Syria this week I thought it made sense to spotlight the opportunity to donate to a favorite charity of mine Doctors Without Borders who are one of the many aid organizations providing support to those directly impacted by this tradegy. I work with and know many amazing individuals from Turkey and hope you and your families are safe.