It’s impossible to predict the true future of crypto. 

The amount of use-cases, including those no one has even considered to this point, is mind-boggling, and some of these will create unbelievable wealth over the next 10-20 years. This is what makes crypto so exciting and interesting. There are endless opportunities to learn about new developments that may someday change the world forever.

Tokenized real estate is one area I’ve been reading about a lot lately (for several reasons), and when it comes to actual products already available and the speed of development here, I think it’s one of the most interesting use-cases to follow right now. 

Here are a few of the projects that have been catching my eye so far: 

Lofty

Out of the tokenized real estate products I’ve come across so far, Lofty has the cleanest and easiest to use. The marketplace incorporates a great UI and offers A TON of different investment options at a minimum starting investment of only $50.

Lofty’s mission is “to make it as easy as possible for anyone in the world to diversify into real estate investing” and, so far, I think they’re doing quite well. Yes, KYC is required, but it would actually be a red flag if they didn’t require KYC, especially for US Citizens today. 

Other than that, the process of setting up an account is simple and quick. You just need an Algorand wallet (my experience with Pera has been great so far). 

The Lofty project also has an impressive group of big-time partners, supporters and investors and you can find a lot of great information throughout the official website.

HouseBit

Want to own a loft in downtown Miami? HouseBit just tokenized a condo at “The Loft Downtown” in Miami with its partner, International Realty Group, and it’s actually super easy to connect your web3 wallet and buy tokens (Polygon Blockchain) on the HouseBit App.

Each of the 1000 total tokens for this property is included in a specifically-designed land trust on the books in Florida. HouseBit planned this out well so that everything is fully-legitimate and secure. It’s really simple. Buy one token, own 1/1000 share in the loft. Check out the smart contract HERE.

The team plans on releasing more properties soon, and this first property shows how fun and easy tokenized real estate can be. I’m excited to keep an eye on HouseBit over the coming months!

Parcl

With almost 50k followers on Twitter, a highly-active discord server, and over 1k followers on their Medium account, Parcl is one of the most well-known and established projects in the crypto/real estate sector.

The Parcl vision is similar to Lofty’s, to make real estate investment accessible to everyone. Although you can’t actually invest in property yet, they seem very close as their “Testnet 2.0” recently went live.

You can join the waitlist on the official website and read all about the project through multiple solid blog articles, and other documentation.

Competing for the Future of Tokenized Real Estate

The amount of development and competition in tokenized real estate is already pretty impressive. More and more projects are launching and earning funding each day, but here are a few of the most promising ones I’ve found over the last few weeks:

Hedgehog is an app that has already released two tokenized properties. It’s another strongly-supported project with solid funding and an experienced team. As of now, you will need $5,000 as a minimum investment to participate. 

RedSwan focuses on high-quality commercial real estate and, while they do have a live marketplace, those in the United States must be accredited investors. There is also a minimum investment required of $1,000. 

You can actually already find a ton of live RealT tokenized properties on CoinGecko, and although I haven’t personally tried, it looks like you can swap for these tokens on Levinswap, a DEX on xDai. However, like with RedSwan, US investors must be accredited to participate on the RealT platform. 

Ride The Wave With Me!

We are just getting started. Crypto is going to change the global economic world from top to bottom, and real estate serves as a great place to start. 

I’ve recently agreed to join a team that will follow the intersection of crypto and real estate for years to come, and I can’t wait to share all the important developments with you guys as we ride the wave!

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Follow me on Twitter @SayWhenCrypto and check out all of my content at linktr.ee/docwrites!**