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Updated about 3 years ago on . Most recent reply

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Jeremie Rochon
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Idea for WEB3/Crypto Enthusiasts

Jeremie Rochon
Posted

Hi there, I am very new to the bigger pockets forum but I love the podcast and have read some BP books so I decided to come on here and check it out. I'm not entirely sure if there's a big or if there even is an audience for NFT/Crypto talk here but I wanted to come on in case some of you are like me and love real estate and the world of web3. I had this idea for an NFT project that would give its investors profit distribution from various real estate deals or cash flow. The idea is a little deeper than that, however, this is the main concept. I've talked to an attorney that also doubles as a real estate investor and he has led me to believe that this idea could actually work in the right circumstances. If anyone of you has a basic understanding of my idea I would love to hear your thoughts on this matter from another investor's, agent's, or attorney's standpoint I am still very curious. Thank you!

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Neal Fridrich
  • Real Estate Agent
  • Bloomington, IL
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Neal Fridrich
  • Real Estate Agent
  • Bloomington, IL
Replied

@Jeremie Rochon I have been thinking about this topic more and more recently. NFT projects seem to be becoming the new kickstarter campaigns. You get your initial funding from the minting process and can reward the holders in various forms down the line. It only makes sense that you could carry this method over to the real estate market. I could see it working at scale with larger portfolios. What was the actual strategy you were trying to implement?

  • Neal Fridrich
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