Share to Twitter Share to Linkedin Levent Künzi is Co-Founder and CEO of Properti, a tech-driven real estate company dedicated to modernizing residential real estate in Europe. The coronavirus pandemic taught us one thing in particular — some things come completely unexpectedly. The pandemic not only brought the need for more digitization to the real estate industry but also sparked a trend that had become public primarily via social media. Overnight, non-fungible tokens flooded the feeds of thousands of users and gave digital art a bit of the character and uniqueness of analog art. "NFT" has been on everyone’s lips ever since, often in relation to financial investments in the art sector, but increasingly also in connection with real estate. Would you have thought that the blockchain-based trend would have found its way into the sluggish real estate industry? Perhaps not many people, however a blockchain-based fund is a product my own company is in the process of creating in anticipation of its trending impact on the real estate community. The sale of Canadian artist Krista Kim’s virtual ” Mars House ,” which traded for $500,000 on a non-fungible token marketplace, shows that the concept has long since ceased to… Read full this story
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NFT In The Real Estate Industry: Short-Term Trend Or An Investment In The Future? have 227 words, post on www.forbes.com at October 25, 2021. This is cached page on Konitono. If you want remove this page, please contact us.