Real Estate
DJ Envy Blasted By Joe Budden After Real Estate Fiasco
DJ Envy found himself in the crosshairs of Joe Budden amid the Breakfast Club host's real estate scandal with Cesar Piña.
What is tokenization and how are banks tapping into its design principles?
Tokenization is the process of converting something with tangible or intangible value into digital tokens. Tangible assets like real estate, stocks or art can be tokenized. In a similar vein, intangible assets like voting rights and loyalty points can be tokenized, too. We see Avios as an example of tokenized loyalty points by the traditional credit card industry. However, when tokens are created on a blockchain, they add a level of transparency that previous iterations of tokens couldn’t achieve. There are several banks that are experimenting with tokenization. But, before diving into the use cases in banking, it would be useful to understand the qualitative advantages that tokenization brings to financial services. As major financial institutions enter the crypto space, they pay spe...
House on a hill: Top countries to buy real estate with crypto
The mainstream adoption of cryptocurrencies has brought immense potential to the fintech industry, and some of the capabilities have spilled over into the real estate market. Subsequently, the real estate sector is evolving to accommodate a new crop of investors who prefer making payments using crypto. The trend of investing in real estate with crypto gained momentum in 2021 following a market explosion that saw Bitcoin (BTC) breach the $60,000 mark. Today, numerous jurisdictions have amended their real estate laws to allow property purchases using crypto due to their transformative impact. Alexander Tkachenko, CEO and Founder of the VNX liquidity mining platform, told Cointelegraph that the full capabilities of crypto in real estate remain untapped. “There is still a huge demand for alter...
How To Avoid Omo-Onile Troubles In Lagos BT – Dennis Isong
Tweet Tweet Share Whatsapp reddit If you ask anyone that has bought or hoping to buy land in Lagos about their obstacles in buying such land, they would tell you about the fear of an encounter with omo-onile. Some people have vowed never to buy in Lagos again because of the bitter experience with these people. No matter where you hope to buy land in Lagos, you are highly likely to have an encounter with them. Who then are the omo-oniles? Omo-oniles are people who claim ownership of land. A land can belong to a family, someone sells it and gives you its papers. Then, other members of the family get wind of it and instead of fighting the seller, they decide to harass you. And if care is not taken, you may end up paying for and multiple times because they just keep showing up. Omo-onile are n...
How does tokenization help transform illiquid real estate ownership into a liquid one?
A few years back, the concept of owning and trading fragments of physical real estate might have seemed too far-fetched for many. But with the advent of blockchain technology, real estate tokenization is providing new opportunities for fractional ownership and investment. Blockchain technology’s long-overdue debut in real estate has made real-world asset tokenization a heavily-discussed topic in the industry. After all, tokenization ticks all those boxes that are often required to ruffle many a feather in a traditional industry — it’s digital, global, complex and future-oriented. But how exactly does real estate tokenization work, and how can it help transform illiquid real estate ownership into a liquid one? Let’s take a look. What does tokenization mean? Tokenization is the process of ta...
Ripple’s plan to tokenize Colombian land stalls amid new administration
A partnership between the Colombian government and Ripple Labs to put land titles on the blockchain appears to have stalled following the project being “deprioritized” by the new administration. The project was initially announced by the outgoing government’s Ministry of Information Technology and Communications just two weeks before the newly elected president Gustavo Petro was sworn into office. According to an Aug. 30 report from Forbes, the interim director of the National Lands Agency Juan Manuel Noruega Martínez said the project is not part of the agency’s strategic priorities for 2022, stating: “This isn’t one of the projects defined in the PETI [Strategic Plan for Information Technologies]” The shift comes as something of a surprise considering Colombia’s ne...
How to Make Money From Real Estate in Lagos – Dennis Isong
Share Whatsapp reddit Tweet 0 Shares It has been a little bit hard after the pandemic and Nigeria hasn’t found its feet yet. It’s even a lot more complicated with the constant rise in dollar and inflation which don’t seem to have any feasible solution yet. But despite all these, the Real Estate sector in Lagos has strongly stood the test of time. Of course, we have testimonies of people investing and cashing out big from this sector. Lagos is currently the most populous city in Africa and alone is ranked the 5th largest economy in Africa. Properties in Lagos can yield double the return on investment only if you are ready to play the long-term investment game and know how it works and what you are doing. There are enough opportunities in Lagos for anyone who wants to make money ...
Advantages of Buying an Apartment Near Shopping Malls – Dennis Isong
Share Whatsapp reddit Tweet 0 Shares Buying a property is not as much as knowing where to buy the property. You can buy a property and end up discovering that the chosen area is a big mistake because of the lack of its profitability. There are certain features you should look out for when buying a property and one of them is its proximity to general amenities such as a popular hotel, shopping mall, etc. But we are focusing on a shopping mall in this article. Buying an apartment is always the first choice for people who are interested in getting started with a real estate investment. But with most investments, you have to start it right. An obvious choice for your real estate investment would be an apartment in a highly-urbanized area, specifically properties that are near shopping ma...
In the Economy 3.0, metaverses will create jobs for millions
Job creation is traditionally engineered by politicians desperate to get the country back to work and to be seen as stimulating the economy. From the job creation programs of the Great Depression to United States President Barack Obama’s American Jobs Act, employment schemes have a long, checkered history. Today, fostering meaningful employment for the masses remains as popular as ever with policymakers, and yet, the next great job creation scheme is unlikely to be issued as a top-down order. Rather, it will emanate from a realm that most politicians have little dominion over and few powers to control: the Metaverse. That virtual world running parallel to our physical one is not constrained by national borders, nor is it the fiefdom of social media companies cynically commandeering its nam...
ApeCoin slides 40% in three days despite Otherside metaverse land sale — here’s why
ApeCoin (APE) caught its bulls off-guard with APE price losing nearly 40% in just three days. No dutch auction APE’s price reached its second-highest level, hitting $27.57 on April 28, up more than 2,650% from its mid-March debut. Nonetheless, traders started unwinding their positions after Yuga Labs, the Bored Ape Yacht Club (BAYC) NFT collection’s creator, released the details of the mint of its Otherside Metaverse lands, dubbed “Otherdeed.” Yuga Labs revealed that the NFT mint would cost a flat 305 APE (~$5,250 at today’s price), in contrast to expectations that the company would sell the metaverse land parcels in a dutch auction manner. Thus, the disclosure may have reduced the need for people to hoard more ApeCoin tokens, leading to a drop in demand. APE ...
Here are 3 ways hodlers can profit during bull and bear markets
For years, cryptocurrency advocates have touted the world-changing capability of digital currency and blockchain technology. Yet with the passing of each market cycle, new projects come and go, and the promised utility of these “real-world use case” projects fails to satisfy. While a majority of tokens promise to solve real-world problems, only a few achieve this, and the others are mere speculative investments. Here’s a look at the three things cryptocurrency investors can actually “do” with their coins. Lending Perhaps the simplest use case offered to cryptocurrency holders is also one of the oldest monetary applications in finance: lending. Ever since the decentralized finance (DeFi) sector took off in 2020, the opportunities available for crypto holders to lend out their tokens in exch...
Web3 solutions aim to make America’s real estate market more accessible
America’s housing market may soon be facing its next bubble as home prices across the country continue to be fueled by demand, speculation and lavish spending that could result in a collapse. Moreover, many homeowners are opting to stay put due to climbing mortgage rates, creating a housing shortage. Data from the Federal National Mortgage Association, commonly known as Fannie Mae, found that 92% of homeowners think their current home is affordable. Yet, findings further show that 69% of the general population, consisting of both homeowners and renters, believe it’s becoming too difficult to find affordable housing. Web3 and the real-estate market While the fate of the United States housing market remains unclear, the rise of Web3 business models based around nonfungible tokens (NFTs...
