What I Learned This Past Week - 6.21.22
Despite continued black eyes in and around crypto, the web3 real estate sector make some small forward progress.
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
I’m headed to PCBC in San Francisco this week. If you are in town, please reach out to me.
My friends at Agya Ventures are hosting a webinar titled Market Design and the Metaverse with Nobel Laureate Alvin Roth On June 22. Make sure to register and check it out!
Informative Articles I Read
All Things Meta: Hype, Hope and Hard Work to Come in the NFT and Metaverse Space (Entreprenuer.com) - Insightful perspective from proptech VC Zain Jaffer.
RealEstate.Exchange Token Not Categorized As A Security (Digital Journal) - While this is German regulators making this call, it’s important regulatory clarity and many other international regulators will be watching this.
Miami’s NFT Mansion (JD Supra) - Like to see that some developers are pushing the envelope, creating physical properties and associated NFTs in the metaverse. Many challenges to overcome, but working through these issues with some high visibility projects like this will help pave the way for broader adoption.
Podcasts That I Listened To
Using NFTs To Tokenize Real Estate - Propy (Spotify) - Or rather NFTing a home as guest Adam Brown corrects the host.
Real Estate Session at Cryptopia (YouTube) - OK not a podcast but well worth listening to this recorded session from last month.
Innovate Companies I Discovered
HomeDAO - Home DAO is the first decentralized utility company in the world, that is not a utility company, all run on the HOME Token ecosystem. It is also the first DeFi token to be backed by sustainability infrastructure assets and their cash flows.
SolidBlock - Powering the world's digital assets: end-to-end tokenization platform for real estate and equity-backed securities.
Versity - Immersive mirror of the real world.
Relium - Relium is a fractional investment platform for residential real estate.
TruMint - A technology company at the forefront of moving real estate and real estate transactions onto the blockchain in a sustainable and permanent way.
LiquidAcre - LiquidAcre offers fractional acreage investments and ownership through NFTs.
ORIGIN - A virtual real estate marketplace focused on providing users the ability to buy and sell land across the metaverse and to transact physical real estate as NFTs.
House Game - House Game is a P2E real estate NFT game.
People to Know (Those I Met Or Connected With Who Are Much Smarter Than Me)
Adam Brown - VP Sales & Business Development at Propy
Crystal Leigh Hemphill - Crypto real estate agent
Christine Choi - Propy Ambassador & proptech blockchain thought leader
Web3 Announcements from Proptech Companies
Ubiquity Rolls Out Crypto Listing Service To Boost Real Estate Transactions Via Crypto - The crypto listing services would enable a new property listing and search experience while enabling parties to accept and pay with more than 130 supported digital assets.
Random But Important Things I Stumbled On
Property Donated For 3D Homes (Southwest Times) - 200 properties homes is nothing to sneeze at. Nice job Pulaski, VA!
Creator.co Passport NFT Drop Supports The Planting Of One Million Trees (BusinessWire) - Nothing real estate specific here, but who isn’t for restoring biodiversity on the planet.