?? Are NFTs the future of home ownership ??

There is no question that smart contracts and NFT’s are the future of real estate, in the real world and in the Metaverse. JP Morgan is the first bank to already set up shop in the Decentraland Metaverse. One day there will be real estate agents who only sale property within the Metaverse, sounds crazy, but mark my words, those days are coming.

Today is April 19th and I just bought my first home in the Metaverse this week. Check out my CMG Pad

Where did I buy it? In the Neighbors Metaverse, why, it is actually a NFT Node that pays me monthly passive income, you can learn more clicking here.

There is no questino that real estate in the real world are going to be disrupted for awhile on NFT’s.

Opens in a new tab.Are NFTs the future of home ownership? The homebuying process can take a village.Real estate agents, mortgage brokers, and title companies are just a few of the players that move the process along. One real estate developer thinks crypto can help. Dave Wilkes, a developer, is building the state’s 1st homeOpens in a new tab. that will be sold as an NFT, per Utah Business.

In most real estate transactions…… the buyer purchases the home from the seller, and works with a title company to ensure the title (i.e., the legal right to own the property) is valid, and to insure it. Once the title changes hands, the county recorder’s office updates its records. But with this house, it’s different:The title is owned by an LLC.To take ownership of the home, the buyer purchases NFT tokens that equate to the home’s total value (currently listed at $4m). The purchase takes place on a smart contract on the Ethereum network.

Wilkes believes smart contracts can save buyers and sellers time and money by removing the need for title companies. Since purchases appear publicly on the blockchain, validating ownership of the home no longer requires scouring public records, and the ability to purchase the home through tokens means faster transactions.

Before you list your house as an NFT…… there are risksOpens in a new tab.. First, the LLC will remain on the title in perpetuity, making it unclear who has the legal right to ownership of the home. Second, the process is so new, there’s little precedent for enforcing the terms of the smart contract.At this point, it may actually be safer to use your crypto to invest in virtual real estateOpens in a new tab..Opens in a new tab.Opens in a new tab.Opens in a new tab.Opens in a new tab.

TRENDSOpens in a new tab.4 NFT niches to get in on earlyStartup ideas and resources with the buzzword “NFT” are red-hot topics in the Trends Blockchain Facebook group.

Here are 30+ NFT-related business ideasOpens in a new tab. sourced by our creative community members. We’re swinging back with 4 more.

NFT insurance: UK-based CoincoverOpens in a new tab. is one of few official providers on the market.

NFT-powered subscriptions: Owning a Bored Breakfast Club NFTOpens in a new tab. also grants free shipments of coffee.

NFT vending machines: Could it be? Neon has been testing an NFT ATM in New York CityOpens in a new tab..

NFTs for student-athletes: You’ll just have to hear us out on this.
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Dale Calvert

Dale Calvert is a serial entreprenuer. He started his first business at age 14, a direct mail business out of his parents home. Dale has always believed that wealth is created in front of a trend. This business philosophy lead him into the cryptocurrency space in 2017, He made the decision in 2022, that the cryptocurrency space is where he will be spending the majority of his time.

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