What I Learned This Past Week - 8.2.22
The random walk down web3 continues
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
Despite continued fallout from the crypto meltdown, the march to web3 continues, both in the real estate space and outside of it. Lots of well known brands experimenting with ways to demonstrate their relevance in web3 or at a minimum, generate good headlines and social media chatter.
Inman Connect is also happening this week in Las Vegas. While I am not attending this year, I am anxious to hear if there is much discussion about web3 within the residential real estate community. If you were there and are reading this, please reach out and let me know what, if anything, you heard web3 related.
Informative Articles I Read
City of Miami to Launch 5,000 Ethereum NFTs with TIME, Mastercard, Salesforce (Decrypt) - Does your city have an NFT strategy? Miami does.
Blockchain In Construction: How It Will Change the Industry (Big Rentz) - While this article is a bit dated, the (six) benefits outlined for the construction industry’s adoption of blockchain still hold.
Barcelona's first NFT collection celebrating Johan Cruyff sells for $693K at Sotheby's in New York (ESPN) - If its web3 and football (soccer) related, I’m going to have to include it in my newsletter.
Podcasts/Events/Webinars/etc. That I Listened To
Webinar: Decentralized Trading of Tokenized Assets (DigiShares) - August 17, 2022.
Innovative Companies I Discovered
Rigor - Defi for home construction.
Bloktopia - A twenty-one floor metaverse skyscraper.
SliceSpace - SliceSpace is a platform that tokenizes ownership in commercial real estate. Individuals can become partial holders of commercial properties by owning Slices of Properties (tokens) and receive similar perks as if you owned regular real estate including: rental income, appreciation of the asset, and a say in the management of the property.
Atlas: Earth - A new mobile-first gaming experience where you can buy "real world" plots of land on the actual planet. These plots will pay you virtual rent you can actually cash out.
People You Need To Follow On LinkedIn
Winston Robson - Co-Founder of WeMeta
Leah Zafra - Metaverse Broker @ Avison Young
Craig Immel - Principal at Workflow Builders
Web3 Announcements From Proptech Companies
DigiBuild secures $4M seed round for blockchain-based construction management platform (Refresh Miami) - Great to see the official announcement of my new friend Robert Salvador’s successful fundraising. Robert and I recorded an episode for the Proptech Espresso podcast recently (shameless plug) which will be dropping in the coming weeks. Be sure to check it out!
Random But Important Things I Stumbled On
Land-Based DAO Directory - Well worth checking this site out and bookmarking.
The Metaverse Is Already Broken (And How To Fix It — Chapter One) (Mirror) - This certainly won’t be everyone’s cup of tea, but worth the read if you can stomach it.
Law Commission of England and Wales Sees Crypto as a New Type of Property (CoinDesk) - I included this article only as evidence that regulatory bodies are introducing proposals that will help guide and clarify the murkiness of web3.
Zed (digital racehorse ownership) - I stumbled upon Zed towards the end of 2021. While it has nothing to do with real estate (other than the virtual racing tracks), it was fun to run across this again as I had forgotten that this was built on blockchain technology.
Check out Humans if you have a second. Discover jobs in web3 and get paid for recommending a friend.
