What I Learned This Past Week - 9.20.22
What you learn in Vegas gets to go home with you
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
Hard to believe that a week ago I was in Vegas attending Blueprint. With the momentum around web3 I experienced here, I wouldn’t be surprised to see the majority of a track next year dedicated to this topic. Assuming this happens, it will only be a few years before I expect to be attending my first web3 real estate conference. That certainly will be a trip.
While I know the rest of the world didn’t crawl to a stop while I was at Blueprint, my attention was certainly consumed by this event. One thing that certainly moved on regardless of Blueprint was The Merge. It’s been a few days now and I haven’t see anything saying there were any major disruptions with the change to proof of stake. Feels a little reminiscent of Y2K.
Informative Articles I Read
Blockchain and the built environment (ARUP) - A beast of a report at 74 pages. While this covers more than just real estate property, worth downloading and browsing all the report sections.
Podcasts/Events/Webinars/etc. That I Listened To
Tokenized Real Estate Investing with HoneyBricks (The Benzinga Real Estate Podcast) - Short 18 minute episode on the mechanics of investing in commercial real estate (today HoneyBrick is focused on multifamily exclusively) via fractionalized assets that the average investor can gain access to.
Innovative Companies I Discovered
HoneyBricks - HoneyBricks provides an SEC-compliant, fractional, and tokenized ownership path that makes buying, earning passive rental income, and selling real estate instant and low cost.
DecentWorld - Purchae digital streets of the real world in this 3D metaverse.
People You Need To Follow On LinkedIn
Deven Spear - Co-Founder & Managing Director of OA3
Lucy Ferguson - VP of Strategy at Parcl
Web3 Announcements From Proptech Companies
TruDoss Protecting homes from title theft (PR Newswire) - Blockchain solution available to towns and homeowners to prevent fraudulent deeds from ever being recorded.
Carbon Title Launches Decarbonization Blockchain Technology for Real Estate (Commercial Observer) - Carbon Title claims it has created the only decentralized, end-to-end platform that brings together the entire value chain — from architects and developers, to investors, building owners, and carbon credit providers — to ensure that all emissions data from existing buildings and those under construction is easily accessible and searchable to the public.
Random But Important Things I Stumbled On
ByteDance Launches Real Estate and Home Decoration Services (Pandaily) - Super interesting to see ByteDance expand it’s offline services in the real estate market in China.
Disappointing to see that McKinsey believes construction is already falling behind and under investing in the metaverse.
