What I Learned This Past Week - 6.7.22
Paying my tax as I continue to learn about web3.
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
Web3 winners will largely exploit web2 companies to achieve success. Not competing directly against them, but complementing them and extending them.
What will we call web3 in 20 years?
Success takes time, but disaster moves quickly.
Informative Articles I Read
Netscape Creator Says Web3 Really Is Like The Rise Of The Early Internet (Cointelegraph) - Given the recent downturn in crypto, I thought it was important to share this perspective from Marc Andreessen. I would contend there is a long way to go, but we are on the right track.
A Virtual Golf Venue, A Metaverse Space: Rooms You’ll Find In Homes Of THe Future (WSJ) - More of a clickbait article since this didn’t include any details or thought leadership. Still intrigued by what a metaverse space/room might actually consist of.
Bitcoin-Backed Mortgages Are Coming. Here’s What That Means For Buyers (Barrons) - 100% purchase price financing is possible by taking both the home and the crypto as collateral.
Podcasts That I Listened To
Innovate Companies I Discovered
Ledn - Credit and savings products leveraging your bitcoin assets.
Solospace - Solospace is building a web3 blockchain enabled platform to simulate real world environments to serve the architecture, interior design, fashion and real estate industries.
Liquid Earth - Real estate NFT ecosystem.
Parvis - Digital marketplace for real estate investing.
LEND7 - Creating the future of property ownership by tokenizing real estate using blockchain technology.
AKRU - Fractionalized commercial real estate investing.
Foundation - NFT real estate investment project.
People to Know (Those I Met Or Connected With Who Are Much Smarter Than Me)
Dror Poleg - Founder & CEO of Hype-Free Crypto
Julian Kwan - Founder & CEO of InvestaX
Aragad Abramain - Project Manager at NFT Local
Matt Cohen - Co-founder of Solospace
Theresa Kennedy - Regional Chair at FIBREE
Web3 Announcements from Proptech Companies
Parcl Raises $7.5M Strategic Round From Investors Including Fifth Wall - Of note since this is Fifth Wall’s first blockchain investment.
Random But Important Things I Stumbled On
Web3 Resources (NfX) - Collection of articles, videos, and podcasts.
Web4 (Medium) - Feels premature to be discussing web4 but why not stake a claim to be the first.
A Bored Ape Lawsuit Won’t Set The Precedent Seth Green Wants (Wired) - This certainly sucks and definitely highlights the legal nuances of NFTs. It also makes me hopeful that we will have better security solutions built into email and wallets going forward to reduce the likelihood of similar thefts.
NFT 2.0: The Next Generation Of NFTs Will Be Streamlined And Trustworthy (Cointelegraph) - I’m still wrapping my head around some of the proposed advantages, but do agree with a lot of them.
NFTs Explained In Two Pictures: The Good, The Bad … And The Ugly (Data Science Central) - While certainly raining further on the NFT parade, the environmental impact and fees highlighted are legitimate concerns around NFTs today.
