Has anybody worked on a no-code blockchain/tokenization project? Is it something doable? I've been massaging this idea of tokenizing real estate market and creating a better "timeshare" based off this.
Yes, but with smaller fractions investments. Pacaso provides minimum purchase of 1/8 of the house, I’m thinking it would be awesome to offer any size of investment, similar to how Robinhood offers purchase of any size of fraction for stock. And the investor can either just get regular returns on property value growth and/or stay at that place like at a time share. What are your thoughts on this?
I like the concept - but as someone in the prop-tech/REI today (www.livehomeroom.com) I'd probably tread lightly unless you have deep domain expertise in real estate.
There a decent number of companies who are in this space today who are doing a solid job (https://arrivedhomes.com/) and one of the challenges they are facing is SEC requirements around securitizing properties. From what I hear they are having to own the homes 100% (aka pay cash for the home itself) prior to selling shares.
Like Pacasso?
Yes, but with smaller fractions investments. Pacaso provides minimum purchase of 1/8 of the house, I’m thinking it would be awesome to offer any size of investment, similar to how Robinhood offers purchase of any size of fraction for stock. And the investor can either just get regular returns on property value growth and/or stay at that place like at a time share. What are your thoughts on this?
If you're feeling the prop-tech itch - we're hiring btw :)
I like the concept - but as someone in the prop-tech/REI today (www.livehomeroom.com) I'd probably tread lightly unless you have deep domain expertise in real estate.
There a decent number of companies who are in this space today who are doing a solid job (https://arrivedhomes.com/) and one of the challenges they are facing is SEC requirements around securitizing properties. From what I hear they are having to own the homes 100% (aka pay cash for the home itself) prior to selling shares.
Yes, good points! And thank you for the links!
I was hoping that tokenization of real estate property can solve on SEC requirements issue, that’s why i was asking about no-code blockchain platform.
How has been experience for you to build the platform with no code? Love what you guys doing with the roommate marketplace!