Post
Topic
Board Altcoin Discussion
Re: Real Estate Tokenization
by
Jackl87
on 08/01/2023, 14:12:35 UTC
I have been researching Real Estate Tokenization for many years and I'm keen to hear your thoughts on the subject. I've gathered a great deal of knowledge on the topic and I'm excited to share what I believe is the most promising project in the space. But first let's talk about real estate tokenization.

Even though i can understand that the idea of the tokenization of real estate sounds like the next big thing to some people i am still not really sure if this would really work out smoothly in the real world. First of all i think you basically have to create a dedicated token for every single real estate object that you want to sell shares of because otherwise i think it would not work. Or maybe you could make a single token if you are a real estate company and then you could basically buy shares of every building that this company is owning and therefore get your share of all the revenue that this objects are creating.
Also you have to pay maintenance and other costs as a house owner. So this also needs to be handled somewhere if you want to tokenize real estate.