Category: Uncategorized

Unlocking the Future of Real Estate: A Comprehensive Guide to NFTs

NFTs (Non-Fungible Tokens) are becoming increasingly popular in various industries, including real estate. As digital assets that represent ownership of unique items or properties, NFTs offer a new way to transact and trade in the real estate market. Understanding how NFTs work and their potential benefits in real estate can provide valuable insights for both buyers and sellers in the industry.

Understanding NFTs in Real Estate

Non-fungible tokens (NFTs) are unique digital assets that represent ownership of real-world properties. In the context of real estate, NFTs provide a secure and transparent way to transfer ownership of properties, offering benefits such as fractional ownership and increased liquidity in the market.

Creating NFTs for Real Estate Assets

Creating Non-Fungible Tokens (NFTs) for real estate assets involves digitizing ownership of physical properties and representing them as unique digital tokens on blockchain networks. The process begins by selecting a property to tokenize, which can range from residential homes to commercial buildings.

Factors to consider when creating NFTs for real estate assets include the property’s value, location, and legal aspects. Each NFT is backed by the property’s information, such as ownership documents, photographs, and any other relevant data. Smart contracts are then used to ensure the authenticity and security of the NFT.

By tokenizing real estate assets, property owners can increase liquidity, fractionalize ownership, and access a global pool of investors. NFTs also offer transparency, immutability, and traceability in property transactions, reducing the risk of fraud and enhancing trust among stakeholders.

As the real estate industry continues to evolve, the creation of NFTs for property assets presents exciting opportunities for innovation, investment, and growth.

Utilizing NFTs for Property Marketing

Utilizing NFTs (Non-Fungible Tokens) for property marketing can revolutionize the way real estate assets are promoted and sold. By leveraging NFTs, real estate agents and sellers can create unique digital assets that represent properties in a one-of-a-kind manner.

These digital tokens can showcase properties in a visually appealing and interactive way, attracting potential buyers who are looking for innovative and exclusive ways to explore real estate listings. NFTs can include detailed property information, high-resolution images, virtual tours, and even 3D models, providing a comprehensive view of the property to interested buyers.

Additionally, NFTs can be used to create limited edition digital collectibles of properties, generating buzz and excitement around real estate listings. By tapping into the growing interest in digital assets and blockchain technology, real estate professionals can differentiate their properties in a crowded market and reach a broader audience of tech-savvy buyers.

Tokenization of Real Estate Assets with NFTs

Tokenization in real estate refers to the process of converting physical assets, such as properties, into digital tokens on a blockchain network. Non-fungible tokens (NFTs) are revolutionizing the real estate industry by offering a unique and secure way to represent ownership of real estate assets.

By tokenizing real estate assets with NFTs, property owners can divide their properties into smaller, more manageable units, making it easier for investors to participate in real estate ownership. This fractional ownership model allows investors to purchase tokens representing a fraction of a property, enabling them to diversify their real estate portfolios without the need for significant capital.

One of the key advantages of using NFTs for tokenization is the increased liquidity and accessibility it provides to real estate investments. Investors can easily buy, sell, and trade real estate tokens on blockchain platforms, eliminating the traditional barriers to entry in the real estate market.

As NFTs continue to gain popularity in the real estate sector, the tokenization of real estate assets with NFTs is expected to open up new investment opportunities and transform the way properties are bought, sold, and managed in the future.

NFTs as a Medium of Exchange in Real Estate

Non-fungible tokens (NFTs) are revolutionizing the real estate industry by serving as a unique medium of exchange in property transactions. By utilizing NFTs, buyers and sellers can streamline the process of buying and selling real estate assets. NFTs represent ownership rights to specific properties, allowing for seamless transfers of ownership without the need for traditional paperwork.

One of the key advantages of using NFTs in real estate transactions is the enhanced security and transparency they offer. NFTs are built on blockchain technology, providing a secure and immutable record of property ownership. This eliminates the risk of fraud or disputes over ownership, ensuring a smooth and trustless exchange of real estate assets.

Furthermore, NFTs can simplify the process of property buying and selling by reducing the need for intermediaries and paperwork. With NFTs, transactions can be completed faster and more efficiently, saving both time and resources for all parties involved. As the real estate industry continues to evolve, embracing NFTs as a medium of exchange can lead to increased efficiency and transparency in property transactions.

Challenges and Limitations of NFTs in Real Estate

Despite the potential advantages, integrating NFTs (non-fungible tokens) into the real estate industry comes with its fair share of challenges. One of the primary concerns is the legal and regulatory framework surrounding NFTs in real estate transactions. As this technology is relatively new, there are still uncertainties regarding ownership rights, transferability, and dispute resolution when using NFTs for property transactions.

Another challenge is the scalability of NFTs in the real estate market. Currently, NFTs are more commonly associated with digital art and collectibles, rather than physical assets like real estate properties. Adapting the concept of NFTs to large-scale real estate transactions may require significant infrastructure and technological advancements to ensure seamless and secure transactions.

Moreover, the volatile nature of cryptocurrency prices, which are often used to purchase NFTs, can pose risks to both buyers and sellers in real estate transactions. Fluctuations in cryptocurrency values can impact the overall cost and profitability of using NFTs in property transactions, adding another layer of complexity to the process.

As the real estate industry continues to evolve, the utilization of NFTs (non-fungible tokens) is emerging as a game-changer in property transactions. NFTs are revolutionizing the way real estate assets are tokenized, offering a unique and secure method of exchange in the market.

By incorporating NFTs into real estate transactions, buyers and sellers can streamline the buying and selling process, making it more efficient and transparent. NFTs serve as a digital representation of ownership for a particular property, ensuring secure and verifiable transactions.

One of the key advantages of using NFTs in real estate is the ease of transferability and fractional ownership. With NFTs, investors can easily buy and sell fractions of a property, enabling a wider pool of potential buyers and increasing liquidity in the market.

As the real estate industry continues to adopt digital technologies, the use of NFTs as a medium of exchange is poised to revolutionize property transactions. By embracing NFTs in real estate, industry players can unlock new opportunities for growth and innovation in the market.

The Lucrative Marriage of Real Estate and Cryptocurrency

Real estate investment opportunities are expanding as the popularity of cryptocurrency continues to grow. Investors are increasingly turning to digital currencies to diversify their portfolios and capitalize on the potential benefits of blockchain technology. In this article, we will explore how cryptocurrency can be used for real estate investments, the advantages it offers over traditional currency, and the various types of opportunities available in this exciting space.

What is cryptocurrency?

Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. It operates independently of a central authority, making it decentralized. With a brief history dating back to the creation of Bitcoin in 2009, cryptocurrency offers advantages over traditional currency, such as faster transactions and lower fees. In real estate investment, cryptocurrency can be used to facilitate transactions securely and efficiently.

Types of real estate investments with cryptocurrency

When it comes to real estate investments with cryptocurrency, there are several different avenues that investors can explore. One option is owning fractional shares in a property, which allows for diversification across multiple properties with smaller investments. This can be appealing for those looking to spread their risk and exposure in the real estate market.

Another method is purchasing properties directly with cryptocurrency. This means that the entire transaction, from buying the property to managing rental income, can be done entirely using digital currency. This provides a level of security and transparency that traditional transactions may not offer.

Additionally, crowdfunding platforms have emerged as a popular way to invest in real estate using cryptocurrency. These platforms allow multiple investors to pool their resources and invest in various properties, offering a more accessible way for individuals to enter the real estate market.

When it comes to real estate investment, using cryptocurrency can offer numerous benefits over traditional methods. One of the key advantages is increased security due to the use of blockchain technology, which ensures that transactions are secure and transparent. Additionally, using cryptocurrency for real estate investment can result in lower transaction fees compared to traditional methods, saving investors money in the long run.

Another benefit of using cryptocurrency in real estate investment is the global reach it provides. With digital currency, investors can easily participate in real estate opportunities across borders without the need for extensive paperwork or intermediaries. This opens up a world of possibilities for diversification and access to different real estate markets.

Overall, the benefits of using cryptocurrency for real estate investment are clear. From increased security to lower transaction fees and global reach, digital currency offers a new and exciting way to invest in real estate. By leveraging blockchain technology and the advantages of cryptocurrency, investors can potentially see higher returns and greater flexibility in their real estate portfolios.

Risks and Challenges of Cryptocurrency Real Estate Investment

Investing in real estate using cryptocurrency comes with its own set of risks and challenges that investors should be aware of. One of the main concerns is the volatility of cryptocurrency value, which can fluctuate significantly in a short period of time. This can impact the value of your investment and potentially lead to losses if the market takes a downturn.

Another challenge is regulatory concerns, as the legal framework around cryptocurrency is still evolving in many countries. Investors need to ensure they are compliant with regulations to avoid any legal issues or scrutiny from authorities.

Additionally, liquidity can be a concern when investing in real estate with cryptocurrency. While traditional real estate investments can be relatively easy to sell, cryptocurrency transactions may take longer to process, especially in times of high market volatility.

Despite these risks and challenges, with proper due diligence and risk management strategies, investing in real estate with cryptocurrency can still be a lucrative opportunity for investors looking to diversify their portfolio and take advantage of the benefits of digital currency.

Success Stories

Investing in real estate using cryptocurrency has seen several success stories in recent years. One notable example is the sale of a luxury Miami penthouse in 2017 for 33 bitcoins, equivalent to approximately $547,000 at the time. This transaction showcased the growing acceptance of cryptocurrency in the real estate market.

Another success story involves the Tokenization of real estate assets, which allows investors to own fractional shares in high-value properties. This has opened up opportunities for smaller investors to diversify their portfolios and enter the real estate market with lower barriers to entry.

When comparing the return on investment (ROI) of real estate investments with cryptocurrency to traditional methods, some investors have reported higher profits due to the increasing value of cryptocurrency assets over time. This demonstrates the potential for significant gains by combining cryptocurrency with real estate investments.

These success stories highlight the growing trend of using cryptocurrency as a viable option for investing in real estate, offering innovative solutions and profitable outcomes for investors.

When it comes to getting started with real estate investment using cryptocurrency, there are a few key steps you can take to begin your journey towards building a diversified portfolio. The first step is to conduct thorough research and educate yourself on the various options available for investing in real estate with cryptocurrency.

Next, you’ll want to focus on finding reputable investment opportunities that align with your financial goals and risk tolerance. Look for platforms or companies that have a track record of success in facilitating real estate investments using digital currencies.

Creating a diversified portfolio is crucial when investing in real estate with cryptocurrency. By spreading your investments across different properties or projects, you can reduce risk and increase potential returns.

When it comes to getting started with real estate investment using cryptocurrency, there are a few key steps to follow. First and foremost, it’s essential to research and educate yourself on the various platforms and opportunities available in the market. Understanding how blockchain technology works and its application in real estate investments will give you a better grasp of the process.

Next, finding reputable investment opportunities is crucial. Look for established platforms or companies that have a track record of successful real estate investments using cryptocurrency. Reading reviews, seeking recommendations, and researching the background of these opportunities can help you make informed decisions.

Lastly, creating a diversified portfolio is important to minimize risks and maximize returns. By spreading your investment across different types of properties and platforms, you can ensure that you are not overly exposed to any one specific risk factor.

OBI GTP

Revolutionizing Real Estate with OBI GPT

How Obi GPT is Transforming the Industry

At the heart of the Obi GPT platform is the innovative use of AI. This technology allows the platform to understand and process vast amounts of data, including property listings, market trends, and customer preferences, in a fraction of the time it would take human agents.

This increased speed and accuracy means that buyers and sellers can access more relevant information and make better-informed decisions, leading to more efficient and profitable transactions.

obi gpt

But that’s not all. The Obi GPT platform also includes a variety of other features that help agents and property managers streamline their workflows and improve their productivity. For example, it can automatically generate personalized marketing materials, such as property descriptions and listings, saving hours of manual labor. It can also identify and alert agents to potential leads, such as buyers who are likely to be interested in a property based on their search history and preferences.

obi gpt

This is where Obi Coin, the cryptocurrency that will fuel the Obi GPT platform, comes in. By using Obi Coin, users will be able to access premium features of the platform, such as priority lead generation and advanced analytics, which can help them close more deals and grow their businesses. Additionally, the platform will reward users with Obi Coin for their contributions to the platform, such as providing valuable data or completing certain tasks.

The introduction of Obi GPT and Obi Coin represents a major step forward for the real estate industry, and it’s clear that these technologies have the potential to revolutionize the way properties are bought, sold, and managed. By leveraging the power of AI and blockchain, the Obi GPT platform will empower agents and property managers to work more efficiently and effectively, ultimately leading to greater success for everyone involved.

Obi Coin is a great token to own because it is the fuel for the innovative Obi GPT platform which is poised to revolutionize the real estate industry. The platform’s advanced AI technology, allows for an unprecedented level of speed and accuracy in processing vast amounts of data, leading to more efficient and profitable transactions for buyers and sellers.

The platform also includes a variety of features that help agents and property managers streamline their workflows and improve productivity. With the use of Obi Coin, users will be able to access premium features such as priority lead generation and advanced analytics, which can help them close more deals and grow their businesses.

Additionally, the platform will reward users with Obi Coin for their contributions to the platform, such as providing valuable data or completing certain tasks. Overall, owning Obi Coin not only provides access to these powerful tools but also the potential for appreciation as the platform gains adoption and acceptance in the industry.

Author: Adrian Rothchild

https://medium.com/@contact_adriana/revolutionizing-real-estate-how-obi-gpt-is-transforming-the-industry-408a9924daf6

 

Exploring the Impact of Cryptocurrency

on the Real Estate Market

Cryptocurrency Articles

cryptocurrency
Join waitlist now at obirealestate.com

The real estate market and the cryptocurrency market may seem unrelated at first glance, but they have more in common than you might think. Both markets are driven by supply and demand, and both can be highly speculative. However, the relationship between these two markets is becoming increasingly important as more and more people are using cryptocurrency to buy and sell real estate. One such platform that is making waves in the industry is Obi Real Estate, a decentralized real estate platform that is set to forever change the real estate sector by providing more opportunities for everyone globally to get involved in real estate.

One of the biggest impacts that cryptocurrency is having on the real estate market is the ability to buy and sell property without the need for a traditional bank or financial institution. Cryptocurrency transactions are decentralized and can be completed without the need for intermediaries, which can save buyers and sellers significant amounts of money.

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Additionally, cryptocurrency transactions are fast and can be completed in a matter of minutes, as opposed to traditional real estate transactions which can take weeks or even months to complete. Obi Real Estate takes this one step further by offering a decentralized platform that removes intermediaries and allows direct transactions between buyers and sellers.

Obi Real Estate platform is not just a decentralized real estate platform but also a decentralized tokenization platform and the world’s first real estate utility NFT.

A patent pending decentralized tokenization platform allows for fractional ownership of real estate assets, which means that investors can purchase a small stake in a property rather than having to buy the entire property. Now, this is different than what the you will see with big hedge funds or development companies offering fractionalize ownerships.

The Obi platfrom is full controlled and ran by its users. This opens up the real estate market to a wider range of investors, including those who may not have had the means to invest in real estate before.

Worlds first real estate utility NFT allows for the representation of real-world assets like real estate, art and other collectibles in the digital world. This opens up the possibility of owning a digital representation of a property or a piece of art and provides more opportunities for investors to diversify their portfolios.

In the NFT department, Obi Real Estate has introduced “The Kingdom” NFTs, which give each NFT holder a lifetime membership to a real estate country club. This means that NFT holders can enjoy access to exclusive properties and amenities, such as luxury villas, golf courses, and private beaches. Additionally, if you can’t go, you can always rent it to others, providing a new stream of passive income for NFT holders. This feature adds a whole new level of utility and value to NFTs, making them more than just digital collectibles.

However, the integration of cryptocurrency and real estate is not without its challenges. One of the biggest challenges is the lack of regulation and oversight. Cryptocurrency is largely unregulated, which can make it difficult for buyers and sellers to navigate the market. Additionally, there is a lack of standardization in the market, which can make it difficult for buyers and sellers to agree on terms and conditions. Obi Real Estate addresses this by implementing a smart contract system that ensures compliance with local regulations and standardizes the transaction process.

Despite these challenges, the use of cryptocurrency in the real estate market is likely to continue to grow in the coming years. As more and more people become comfortable with using cryptocurrency, the number of real estate transactions conducted using cryptocurrency is likely to increase. Additionally, as the regulatory environment for cryptocurrency becomes more defined, the market will become more stable and predictable, making it easier for buyers and sellers to navigate.

In conclusion, the integration of cryptocurrency and real estate is having a significant impact on the way that property is bought and sold. The decentralized nature of cryptocurrency transactions is making it easier and more accessible for people to buy and sell property, and this trend is likely to continue in the coming years and Obi is architecting the way.

Author: Adriana Rothschild

https://adrianarotschild.substack.com/p/exploring-the-impact-of-cryptocurrency?sd=pf

Real Estate Tokens: The Tangible

and Stable Investment Alternative to Cryptocurrency

Learn about Real Estate Tokens

real estate tokens

Real Estate Tokens

To: Interested Parties

Re: Why Obi Coin is a much bigger play value wise than majority of the cryptocurrencies out there.

Obi Coin is a real estate utility token that is designed to be used as a currency within the real estate industry. The token is built on blockchain technology and can be used to purchase, trade, and invest in real estate assets.

There are several reasons why Obi Coin is a much bigger play value wise than the majority of other cryptocurrencies out there:

  1. Real estate is a tangible asset: Real estate is a physical asset that has intrinsic value, it is something that people need, unlike other cryptocurrencies which are often based on abstract concepts, Obi Coin is backed by real estate assets, this gives the token a tangible value that is not subject to the same volatility as other cryptocurrencies. Also, real estate is a relatively stable and long-term investment, which can help protect against market fluctuations and provide a steady stream of income through rent. Additionally, real estate is a relatively stable and long-term investment. The value of real estate tends to appreciate over time, and it can also provide a steady stream of income through rent. This stability is attractive to investors who are looking for a reliable and profitable investment opportunity. When it comes to Obi Coin, the fact that it is backed by real estate assets gives it a level of stability that other cryptocurrencies may not have. By having a tangible asset behind the token, investors can have confidence that their investment has a real-world value and is less likely to experience the same level of volatility as other cryptocurrencies. Furthermore, the ability to use the token to purchase and trade real estate assets, with the added transparency and security provided by blockchain technology, makes Obi Coin a unique and valuable investment opportunity in the real estate market. It allows for more accessibility and efficiency in the process of buying and investing in real estate, which can be beneficial for both individuals and companies.
  2. High demand for real estate: The real estate market is one of the most stable and lucrative markets in the world, regardless of economic conditions, people will always need a place to live, with the global population growing and urbanization on the rise, the demand for real estate is only going to increase. As a result, real estate is considered a relatively safe and profitable long-term investment and any cryptoccurency that is being utilized in real estate is only going to get bigger over time.
  3. Transparency and security: The use of blockchain technology in the Obi platform ensures transparency and security in real estate transactions. Blockchain technology allows for a tamper-proof and immutable record of all transactions, which can help prevent fraud, reduce administrative costs, and increase the speed and efficiency of transactions. This is a valuable feature for investors, as it provides them with a level of security and trust that they may not have when investing in other cryptocurrencies.
  4. Flexibility: The Obi platform allows for the token to be used for a variety of real estate transactions, including buying, selling, staking and renting properties; plus much more. (See obireaestate.com for more info) This flexibility makes it a valuable asset for both individuals and companies. The token can be used to purchase properties, as well as to invest in real estate development projects. It also allows for fractional ownership, which can help make real estate investments more accessible to a wider range of investors.

In conclusion, Obi Coin’s real-world application, stability in its value, backed by tangible assets, high demand, transparency and security, and flexibility makes it a much bigger play value wise than majority of the cryptocurrencies out there. This makes it a valuable investment opportunity for those looking to enter the real estate market or diversify their portfolio.

Author: Adriana Rothchild

https://adrianarotschild.substack.com/p/real-estate-tokens-the-tangible-and?sd=pf

Real Estate Needs Obi Real Estate

real estate

With the help of AI, blockchain technology, smart contracts, and cryptocurrency have the potential to revolutionize the real estate industry. One company, Obi Real Estate, is perfectly poised to take advantage of this technology and bring the real estate market into the digital age.

One of the biggest advantages of blockchain technology is its ability to provide a secure and transparent record of transactions. In the real estate industry, this means that property ownership and transaction history can be easily tracked and verified, reducing the potential for fraud and streamlining the buying and selling process.

Smart contracts, which are self-executing contracts with the terms of the agreement written into code, can also greatly benefit the real estate industry. These contracts can automate the process of transferring ownership and handling payments, making the process faster and more efficient.

Cryptocurrency also plays a role in the real estate industry’s integration of blockchain technology. The use of digital currencies in real estate transactions can eliminate the need for traditional banks and financial institutions, reducing fees and increasing security.

Obi Real Estate is a company that is at the forefront of this technological shift. They are using blockchain technology to create a decentralized platform for buying and selling real estate. Their platform allows for secure and transparent transactions, and they accept payments in multiple cryptocurrencies.

One of the biggest challenges in the real estate industry is the lack of trust between buyers, sellers, and other parties involved in a transaction. Blockchain technology, through its ability to create a tamper-proof ledger of transactions, can help build trust by providing a transparent and unchangeable record of ownership and transaction history.

Another challenge faced by the real estate industry is the high cost and complexity of property transactions. Smart contracts can help automate and streamline the process, reducing the need for intermediaries and legal fees and Obi is doing this with all types of smarts contracts implemented into their application chat for negotiations between parties and payments. This can not only save time and money but also increase access to property ownership for people who may have been previously excluded. We will go in more detail about tokenization in another article.

Another important aspect of blockchain technology is its ability to enable peer-to-peer transactions. This eliminates the need for centralized intermediaries such as banks, real estate agencies, and title companies, which can result in lower transaction fees and greater autonomy for buyers and sellers. Obi Coin solves all these problems.

Another important aspect of blockchain technology is its ability to enable fractional ownership. In the traditional real estate market, it’s difficult for individuals to invest in high-value properties due to the high cost of entry. However, with blockchain technology, it’s possible to create digital tokens that represent fractional ownership of a property. This can enable a larger number of people to invest in real estate and also opens up new opportunities for crowdfunding and other forms of collective ownership.

Obi founders accomplished this by doing a real estate development of condominiums from ground up in order to spread more opportunities in this section.

Lastly, by accepting payments in multiple cryptocurrencies, Obi Real Estate is helping to remove barriers to entry for people who may not have access to traditional banking systems, as well as giving buyers and sellers greater flexibility in how they fund transactions.

In conclusion, the integration of blockchain technology, smart contracts, and cryptocurrency in the real estate industry can bring about a range of benefits, including increased trust, reduced transaction costs, peer-to-peer transactions, fractional ownership, and greater accessibility. Obi Real Estate is at the forefront of this technological shift and is leading the way in the digitization of the real estate market. In our professional opinion Obi’s decentralized real estate application will forever change the real estate sector for the better.

Author: Crypto Media

https://medium.com/@cryptomediaanalyst/real-estate-needs-obi-real-estate-cc95b2c862e1

Crypto Just Became Real Estate’s Hottest New Thing.

Here’s What That Means For Buyers, Sellers, And Developers

crypto

It pans out even slower and more painfully when it comes to fundamental changes to the rules by which the real estate industry plays—many of which remain so outdated that they are analogously as irrelevant and inefficient as phones still attached to the wall. Crypto

Which is why everyone—brokers, realtors, developers, buyers, sellers, and particularly cryptocurrency investors—should be paying close attention to the current crypto-real estate wave that’s no-so-quietly been sweeping Miami for months especially given Bitcoin’s 50% cliff fall since last November.

Last June, I broke the story on America’s largest-known cryptocurrency real estate deal to date, which was a Miami Beach penthouse that traded for $22.5 million in crypto equivalency at Arte by Antonio Citterio, located one floor down from where Ivanka Trump and Jared Kushner have been holing up for months.

Since then, Miami’s toes-in-the-water, crypto-housing romance has surged into a full-blown, politically-celebrated tsunami that’s poised to upend the essential financial foundations upon which the whole industry is transacted as ever bigger, more powerful players appear ready to jump in. In the process, the wave’s even more likely to drown out everyone else who’s not interested in keeping up, and more importantly give crypto and Bitcoin investors a savvy way to stabilize their upsides.

To be clear on this whole Bitcoin-meets-penthouse thing since I’ve been tracking it for a while: a lot of the squawking froth for years has been exactly that—foam without the follow through on the actual processes, partnerships, and exchanges that would make transactionable, regulatable digital real estate deals possible.

Cryptocurrencies, in general, until recently also have continued to suffer from a basic understandability issue, which not surprisingly has hampered adoption with buyers who are still leery of betting the largest, long-term wealth-generating decision of their lives on a bunch of servers, zeroes, and ones. Housing and real estate investing already are fraught with financial risk (Great Recession anyone?). So why pile onto it with even more uncertainties by injecting a digital currency proxy that gets everyone even more confused in the first place?

For most developers and investors—many of whom have made billions over their careers selling houses and condos the old-fashioned way—real estate’s potential crypto new normal is still terra incognita as well. Rightly or wrongly, substituting the basic currency upon which empires already have been built for generations triggers fear. Because no matter how outdated the current rules are, everyone at least knows how the game is played and the inefficiency premium that has to be baked in.

Since late last year, however, Miami’s crypto-real estate boom has been challenging all of these conventional wisdoms as the price of crypto currencies like Bitcoin specifically have surged.

In the process, it’s also laying the potential rails for a new financial framework for how buyers buy and sellers sell that could spill over into other frothy real estate markets in tech-centric cities like New York, San Francisco, Austin, and LA just as quickly as it’s taken root in Miami.

If that happens, the implications for real estate writ large are huge. For the early adopting developers and builders who’ve already realized that cryptocurrency deals are legit, legal, enforceable, efficient, and here to stay, it also raises the more strategic question about just how far the digital-real estate revolution can go, and what it will take to stay ahead of the curve once everyone else jumps in.

“Innovation has always been at our forefront,” says Camilo Miguel, Jr., Founder and CEO of the real estate firm Mast Capital and developer of the recently launched Cipriani Residences Miami, the first ever ground-up Cipriani-branded condominium in the U.S. “And it’s clear that cryptocurrency is the next generation of wealth and will become a significant factor in real estate transactions in the future. Next generation buyers are individuals who want the ability to diversify their investment portfolio into real estate quickly and easily, and the combination of blockchain and crypto allows them to do that.”

So not surprisingly timed, last week’s announcement that Cipriani Miami will begin accepting cryptocurrency deposits through the crypto exchange FTX coinciding with the recent inaugural Formula 1 Miami Grand Prix, is one more sign that Magic City’s blockchain wave is here to stay—particularly when it comes to international buyers eager to diversify their cryptocurrency holdings into South Florida’s searingly hot real estate market.

“With the Formula 1 event sponsored by Crypto.com and FTX’s sponsorship with Mercedes F1, this timing couldn’t be better for us,” Miguel Jr. continues. “We’ve been consciously trying to identify a platform that works for our business of selling luxury condominiums while providing a seamless crypto buying experience, and the solution that we’ve reached with FTX achieves both.”

For everyone wondering what that “solution” actually looks like from a transactional standpoint, here’s how it works:

FTX, thanks to its leading crypto trading platform (think NASDAQ for digital currencies), is able to convert Bitcoin or Ethereum or any other cryptocurrency into U.S. dollars in a fraction of a second through its online exchange regardless of what that transaction is based on from a value standpoint e.g., a Picasso-backed NFT (non-fungible token), the lyrics to a Bob Dylan song, or the penthouse one floor down from David Beckham.

In purely real estate terms, that means a buyer from anywhere in the world can put a pre-construction deposit down on a condominium in Miami in any cryptocurrency that moves from their digital wallet to a traditional American escrow account in equivalent U.S. dollars with the swipe of an app virtually instantaneously—all while meeting AML (“anti-money laundering”) and KYC (“know your customer”) SEC regulations that make the transaction street legal and compliant in the first place.

For the real estate developers on the selling side of things, FTX’s warp speed conversioning also mitigates crypto’s infamous market volatility swings like what’s happened recently with Bitcoin, ensuring that $22.5 million for a penthouse actually means $22.5 million when it comes to money in the bank at the time of transaction.

“FTX’s first in class conversion speed is what makes them the leader in the crypto marketplace,” says Miguel Jr. “In addition to AML and KYC, we’re obviously most concerned about crypto volatility as developers. And FTX has alleviated those concerns by allowing us to accept deposit payments made from all major cryptocurrencies to U.S. dollars in a matter of seconds. They’re respected in the Miami brokerage community, the namesake for the Miami Heat’s FTX Arena, and have appointed a specific real estate-focused team to work with buyers throughout their entire transaction to ensure that the process is simple and seamless so we feel confident about what we’re doing and buyers can as well.”

While new-to-the-game real estate investors like Mast Capital in Miami are just jumping on the crypto train, Property Markets Group (PMG), a global real estate development firm with a 30-year portfolio of hospitality, luxury and mixed-use residential real estate, deserves the credit for sending it out of the station in the first place.

Last year, PMG became the first developer to forge a partnership with FTX and start accepting crypto for deposits at their new E11EVEN Residences. A few months later, they started accepting crypto at their Waldorf Astoria Residences development just down the street. Eight months later, that “proof on concept” exercise now equates to crypto deposits for more than 75 condos in both buildings totaling more than eight figures in pre-sales financing.

For what it’s worth, these aren’t small ball numbers.

Since last year, PMG has closed more real estate deals in cryptocurrency than any other developer globally. And with more than $5 billion in real estate development planned over the next five years, every other developer should be paying attention to PMG’s announcement last week that it will now accept cryptocurrency as a form of payment for all pre-sales and for-sale condos in all of their U.S. and global developments in partnership with FTX—becoming the first international developer to go all in on crypto and sending an unmistakable signal to everyone else in the industry that digital currencies are real estate’s future not a fad.

“For three decades, PMG has been committed to staying ahead of the curve on innovation,” says Ryan Shear, PMG’s Managing Director. “We are proud to be the first residential real estate developer to accept crypto deposits in pre-construction condominiums globally. And this milestone is in line with our goal to consistently pave the way for innovation and being ahead of the curve in the marketplace. Accepting crypto deposits made sense for us because it is the embodiment of cutting-edge technology.”

For international crypto investors in particular, many of whom hold volatile, multi-millionaire dollar portfolios, what Shear saw a year ago was the ability to offer a new generation of young, savvy fintech pioneers the ability to transition some of those investments into more stable, traditional asset classes like Miami’s smoking hot luxury condominium market which hasn’t twitched an inch of volatility and isn’t showing any signs of slowing down.

“We saw an opportunity to allow people to diversify their cryptocurrency assets and easily transfer funds into stable, physical real estate,” Shear says. “And accepting crypto offers buyers a more accessible way to do that and purchase units. Blockchain and digital currencies expedite the purchasing process and reduce barriers international buyers face, which is a key tool for us when developing in a growing international city such as Miami. International buyers in particular can quickly purchase a condo while avoiding international fees and bank wires, and crypto allows for the opportunity to quickly move assets from international banks and exchanges to secure American investments.”

As for the remaining risks, naysayers, and resisters, there’s not a lot left to harp about, adds Shear.

“The success and record sales pace that we have witnessed at E11EVEN Residences Miami proved to us that crypto deposits are the future of real estate and a tool that we should use across all of our projects. Being an early adaptor in any market involves risk. But partnering with a company like FTX has given us the confidence to let innovation happen while being confident that the increasing demand for crypto in Miami is here to stay. Similar to PMG, FTX has always been forward thinking and committed to growing Miami as America’s crypto epicenter.”

At the rate PMG and FTX currently are going, that pace is just going to accelerate and the biggest challenge for everyone else will be keeping up.

Author: Peter Lane Taylor

https://www.forbes.com/sites/petertaylor/2022/05/07/crypto-just-became-real-estates-hottest-new-thing-heres-what-the-bitcoin-revolution-means-for-buyers-sellers-and-developers/?sh=684fc212388b

Bloomberg – Buy and Sell Homes

buy and sell homes

Obi Real Estate is revolutionizing the way we buy and sell property. After reading the company’s white paper and learning more about the team behind it, it’s clear that they have a deep understanding of the industry and are well-positioned to shake things up and not only in the real estate world but also have a huge impact in the cryptocurrency sector as well.

One of the most exciting aspects of Obi is its free-to-use mobile app. This app makes it easy for property owners to list their properties for sale and for buyers to find and purchase their dream home. By eliminating the traditional 6% commission that is typically charged by real estate agents, Obi is leveling the playing field for everyone involved.

But the benefits of Obi don’t stop there. The platform is built on the Ethereum blockchain, which means that all transactions are secure, transparent, and tamper-proof. This added layer of trust is especially important when dealing with such a large financial commitment as buying or selling a property.

Another unique aspect of Obi is their incentive program for property owners. Instead of charging them a commission, the company is actually paying property owners a $1,000 to list their property on the platform. This is a clear indication that Obi views real estate as an asset to be built on, rather than a source of revenue for a select few.

From an investment perspective, owning Obi coins is an exciting opportunity. The company is still in its early stages, but with its innovative approach and strong team, it’s poised for growth in the coming years. I personally have invested in Obi coins, and I’m looking forward to seeing where the company goes in the next 3–5 years.

In summary, Obi Real Estate is disrupting the traditional real estate market by providing a free, transparent, and secure platform for buying and selling properties. This, combined with their incentive program for property owners, makes it a great opportunity for anyone looking to invest in the real estate industry.

Author: Bloomberg Media

https://medium.com/@contact_BloombergM/bloomberg-obi-transforming-the-way-we-buy-and-sell-homes-25834ae73fd4

Navigating the Cryptocurrency Market

Timing Your Entry

cryptocurrency

Cryptocurrency has been a topic of much debate in recent years, with some experts hailing it as the future of currency and others warning of its potential for volatility and instability. However, as the market continues to mature and evolve, it is becoming increasingly clear that now is a good time to enter the cryptocurrency market.

One of the main reasons to invest in cryptocurrency now is the growing mainstream acceptance and adoption of digital currencies. Major companies such as PayPal and Square have begun to offer cryptocurrency services to their customers, and more and more retailers and businesses are accepting digital currencies as a form of payment. This increased acceptance and adoption means that there is growing demand for cryptocurrency, which in turn drives up its value.

Another reason to consider investing in cryptocurrency now is the potential for high returns on investment. The cryptocurrency market is highly volatile, and the value of digital currencies can fluctuate wildly in a short period of time. However, for those who are willing to take on a higher level of risk, the potential for high returns on investment is significant. In fact, many early investors in cryptocurrencies such as Bitcoin have seen incredible returns on their investment.

In addition to the potential for high returns, investing in cryptocurrency now also provides a hedge against inflation. As traditional fiat currencies lose value due to inflation, the value of digital currencies can appreciate. This can provide a safe haven for investors looking to protect their wealth from the effects of inflation.

There are also many different ways to invest in cryptocurrency, which makes it accessible to investors of all levels of experience and risk tolerance. For example, individuals can invest in cryptocurrencies directly by purchasing digital currencies on a cryptocurrency exchange. Traditional investors should look into companies likes Obi Real Estate that are going to be extremely desruptive.

Alternatively, they can invest in a cryptocurrency-related stock or ETF, which provides exposure to the market without the need to purchase and hold actual digital currencies.

Furthermore, the increasing regulatory clarity for crypto assets also make it more secure for investors to enter the crypto market. This regulatory clarity is creating a more stable environment for digital currencies and making it easier for individuals and institutions to invest in crypto assets with more confidence.

In conclusion, the growing mainstream acceptance and adoption of digital currencies, the potential for high returns on investment, the hedge against inflation, the accessibility of different ways to invest, and the increasing regulatory clarity make it a good idea to enter the cryptocurrency market now. While there is always risk involved in any investment, the potential rewards of investing in cryptocurrency make it worth considering as part of a well-diversified portfolio.

Author: Crypto Media

https://medium.com/@cryptomediaanalyst/navigating-the-cryptocurrency-market-timing-your-entry-2b3488eb60fd

Top 5 Cryptocurrencies to Watch in 2023

A Guide to Potential Market Movers: Cryptocurrencies

cryptocurrencies

Cryptocurrencies have taken the world by storm in recent years, and there are now countless companies vying for a piece of the pie. However, some companies stand out as particularly influential in the space. Here are the top five best influential cryptocurrency companies, as well as a bonus mention of a newer player, Obi Coin.

  1. Bitcoin: The first and still the largest cryptocurrency by market cap, Bitcoin has been the driving force behind the rise of digital currencies. The company behind Bitcoin, the Bitcoin Foundation, has been instrumental in promoting the use and acceptance of the currency.
  2. Ethereum: Ethereum is the second largest cryptocurrency by market cap and has been a key player in the development of the blockchain technology that underlies many digital currencies. The Ethereum Foundation, the company behind Ethereum, has been a major contributor to the open-source development of the technology.
  3. Ripple: Ripple is a big player in the cryptocurrency space but has already made a big impact. The company behind Ripple, Ripple Labs, has developed a global payment system that uses the Ripple currency. This system has the potential to revolutionize the way money is transferred across borders.
  4. Litecoin: Litecoin is often referred to as the “silver to Bitcoin’s gold.” The company behind Litecoin, Litecoin Foundation, has been working to promote the use of the currency as a global payment system.
  5. Cardano: Cardano is an open-source blockchain platform that aims to provide a more sustainable and secure infrastructure for decentralized applications. The company behind Cardano, IOHK, has been working to improve the scalability and interoperability of the platform.
www.obirealestate.com

Obi Coin is a newer player in the cryptocurrency space, but it has already made a big impact. The company behind Obi Coin, Obi Real Estate LLC, has been developing a decentralized platform built on the Ethereum platform that allows for fast and secure transactions. This platform has the potential to change the way people think about online transactions.

One of the areas where Obi Coin is poised to make a significant impact is in the real estate sector. The platform’s decentralized nature allows for the creation of smart contracts that can facilitate the buying and selling of properties without the need for intermediaries like banks or real estate agents. This can greatly reduce the cost and complexity of real estate transactions. With the Obi Application, anyone will be able to help buy and sell real estate without having to be an agent or broker and Obi will pay property owner $1,000 to sell their house zero commission which has never been done before.

The use of blockchain technology also means that all transactions on the Obi Coin platform are transparent and secure. This can increase trust and confidence among buyers and sellers, making it easier for transactions to take place. In addition, the use of smart contracts can automate many of the processes involved in real estate transactions, such as title transfer and escrow services. This can greatly speed up the process and make it more efficient.

Obi platform also allows for the tokenization of real estate assets. This means that properties can be divided into digital tokens that can be bought and sold on the platform. This opens up new opportunities for investment in real estate, as it allows for fractional ownership and makes it easier for small investors to participate.

In conclusion, Obi decentralized platform has the potential to change the way the real estate sector operates. By reducing costs, increasing transparency and security, and automating processes, it can make buying and selling properties faster, simpler, and more accessible to everyone. Additionally, with the added incentive of paying property owner $1,000 to sell their house zero commission, it’s definitely a cryptocurrency worth keeping an eye on in the future.

Author: Crypto Media

https://medium.com/@cryptomediaanalyst/top-5-cryptocurrencies-to-watch-in-2022-a-guide-to-potential-market-movers-e9b1e11ffc05