Quote from: tabas on September 04, 2024, 11:00:33 AM

Quote from: royalfestus on August 30, 2024, 11:29:21 PM

You're expressing exactly what I'm thinking. It’s clear that you’re as invested in the success of this idea as I’ve been for years. Unfortunately, most projects in this space have either failed or turned out to be scams. I firmly believe in the potential of real estate, especially when combined with digital business, as it could allow anyone to invest globally. I’m hopeful that it can work. Just one successful breakthrough, free from money laundering, could validate the entire concept.

Most of these projects are all concepts or ideas they want to materialize. And as they plan and look into that potential profit that they're going to have, we don't have to go that far anymore or sideways because that's the motivation there. The crypto market seems to be lucrative for them but not every project will have its own success. If a business is thriving without having the need to tokenized their assets, there's really no need to do that and just focus on the process and expansion through other means. I've also seen crypto project concepts and proposals that they're attaching to real estate but I have not seen many of them become successful.

Good if they think about materializing it, but common thing happen is they just used those word to attract people and scam them. I also don't see any crypto real estate project succeed. But if you talk about scamming there are lot of incident happen in history so much better for people to stop think about getting hype if someone introduce them a project like this to avoid getting false hope by fake projects which intention is to scam their believers.

I also don't see any need to tokenization on real estate for now since so far they are doing good on current industry they are moving. They are still wrecking up millions or even billions of profit so I believe those well known land developers will currently stay on current set up they used.