DeFi: The Future Of Real Estate Financingby@victorfabusola
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DeFi: The Future Of Real Estate Financing

by Victor Fabusola5mAugust 16th, 2022
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Real estate is an extremely important aspect of the global economy, and when things go wrong with it there can be very dire consequences. Thankfully, the growth of DeFi means there's now a viable alternative to traditional financing of real estate. With Web3, sellers can easily tokenize their properties, sell them, and maybe even keep a controlling share of the table to themselves. For example, a 5-bedroom duplex in New York may be converted into 100 XY coins. The people who purchase those coins will, as a result, own a part of the building. Since people won't have to deal with a property manager, they get to earn passive income in the form of rent.

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Victor Fabusola

Victor Fabusola

@victorfabusola

FinTech Content Writer in love with mental models and conscious hip-hop.

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Victor Fabusola@victorfabusola
FinTech Content Writer in love with mental models and conscious hip-hop.

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