Blockchain real estate brainstorm

[Jon Q.]

Professionals and fellow-investors,

I’m running a blockchain real estate brainstorming group...

Can you help me out with answering the following questions:

What are aspects to your job that you don’t like, specifically with regard to buying property, selling property, investing in property, managing property, or other?

Where do you believe a technology solution could be developed / would be most useful?

[Levi T.]

We are seeing a lot of hype around using blockchain on stuff that does not need it, but if those startups want to be hot and sexy, you need blockchain in the game to turn heads. ICOs are the new IPOs for all startups. There is a reckoning coming for all those altcoins that are launching with zero value as a business that backing it.

As for what blockchain will do for real estate, counties that adopt it can stop dealing with clouded titles as blockchain will let us insure the owner on record is the owner, once a property is recorded to the blockchain. It wont be hard for them to adopt, it's basically a centralized BC ran by the county. It will also mean faster transfer and recoding. 

I only see 2 futures for crypto:

As Currency: It lets people move money freely, cheaper, and it also provides them an exit out of their countries currency without a stock broker. When it comes to the currency side of things, the rest of the world will come first before America as my country is not like Grease or Zimbabwe in that respect yet. This market won’t have a lot of players, we don’t need 1,000 crypto currencies, only 2-3 really. I think our currency players are already defined in this respect, they just need time to stabilize more.

As Technology: On the other side of things, people are issuing coins for startup capital, if they are successful then your coin is worth more, this is what’s driving the value of these coins., from there you can buy or sell it on a open exchange, or maybe you can trade it in for stock at some point if they make the leap to a publicly traded company (I'm speculating on that last bit). It allows everyday people to get in on public offering without having to be a millionaire, it also allows companies to stay private and avoid all the regulation and red tape. Hopefully the SEC does not stomp on that and cut us out of the ICO market. Lots of regulation is headed our way in 2018 for America.

Right now we are is massive speculation mode, people are tossing whatever they can get to stick to the ICO market. There will come a shakedown at some point, that’s when we will see which tech companies emerge as the next Amazon or Facebooks of the world.

My top picks are BTC and ETH for currency. ICO alts are XRP, POWR, TRX, and RED (Launching in a few days). I'll be HODLing those till the end of time. I'm hoping BTC gets segwit2x implemented. It cost to much now of days to transfer, and it's slow as mud. If BTC fails to fix that issue, it's done for as a currency coin.