A Blockchain-based Real Estate Project Is Rewriting The Narrative Of The 2008 Ho

[Evankhan 762]

Asset tokenization is fast becoming a buzzword in the real estate industry as a Funder One Capital, a real estate company is now tokenizing real estate products using blockchain technology and AI capabilities. The company is founded on the strength of cutting edge technologies designed to mitigate risk in the housing sector.
Looking back in history, the burst of the 2008 housing bubbles was mastermind by the inability of homeowners to clear their real estate debt which in turn, caused housing prices to drop. As such, mortgage-backed securities were sold off in massive quantities, while mortgage defaults and foreclosures rose to unprecedented levels.
According to Funder One Capital, the London-based firm provides a rare opportunity for homeowners and real estate moguls to tokenize their real estate assets, create liquidity, and eliminate the associated debts. By doing this, the company is mitigating one of the biggest risks associated with real estate investment and mortgage-backed loans.
The vision of Funder One Capital mirrors the original vision of the creator of Bitcoin, Satoshi Nakamoto, who designed a peer-to-peer system just after the 2008 housing crisis. Consequently, this created value on blockchain technology which eliminates debts.
Funder One’s First Real Estate Tokenized Asset Is Already Live
In the company’s commitment to issuing products that deliver real-world use cases and in turn solving the damaging errors in the housing sector, the first tokenized real estate properties went live on November 11, 2019.
The tokenized asset is based on the Ethereum blockchain and anyone can verify its transaction origin through etherscan. This is the initial tokenized asset on Funder One platform, and the company will be exploring support for tokenized properties on a global scale.
Investors Can Interact With Funder One Platform Using UBETS Digital Token
UBETS is the token economy that powers the Funder One Platform. The UBETS token is already listed on Binance DEX, one of the leading decentralized crypto exchanges available worldwide where users can freely trade the token under the UBETS/BNB pair.
Homeowners and real estate businesses can buy UBETS tokens from Binance DEX to create sufficient liquidity and in turn, the company tokenizes the real estate asset to eliminate the debt. A tokenized asset could be easily traded and transferable between parties with minimal trading fees under Funder One Capital.
With the aid of blockchain technology, the ecosystem provides real estate trading parties with a secure, safe, and regulatory complaints trading environment at a near-zero cost. The UBETS token is the primary medium of settlement within the ecosystem through which all transactions are completed.
Interestingly, the UBETS token is fully backed by real estate and other hard assets that are tokenized by the company all over the globe, which increases the token credibility and trust.
As the ecosystem expands and gains further adoption, the value of UBETS token could be poised for an upward potential which may create an avenue for early token holders/investors to enjoy the initial adoption of blockchain-based tokenized assets in the real estate industry.

[TomPluz]

I personally believe in the power of tokenization and this can best be applied in the real estate industry where value is really sure and there is really that underlying asset that we can see, touch, feel and even use. I am sure that there will be more real estate-based companies that will be adopting tokenization using the latest technologies like the blockchain technology, AI, big data and yes even cryptocurrency. And this trend can be opening up opportunities for small investors to own a piece of a real estate without the need to spew big capital or investment, on the other hand this is providing more liquidity to the real estate industry which is considered as a harbinger of any economy.

[Shahinaz]

There are many real estate projects but none of them are successful, for whatever reason I think there is no interest from investors to look to real estate in blockchain even though it is easier to manage than the old style

[Ten Ryuu]

I personally believe in the power of tokenization and this can best be applied in the real estate industry where value is really sure and there is really that underlying asset that we can see, touch, feel and even use. I am sure that there will be more real estate-based companies that will be adopting tokenization using the latest technologies like the blockchain technology, AI, big data and yes even cryptocurrency. And this trend can be opening up opportunities for small investors to own a piece of a real estate without the need to spew big capital or investment, on the other hand this is providing more liquidity to the real estate industry which is considered as a harbinger of any economy.

I do believe with it too (tokenization) but due to my prior experience with a token that deals with Real Estate projects, I have negative thoughts about them.  Many real estate project cryptocurrencies badly failed and never delivered what they had promised.  So I am a bit hesitant when I read about this one.  Real Estate maybe a good project but how good will this cryptoproject do in its venture to real estate industry?

[Andruha1993]

There are many real estate projects but none of them are successful, for whatever reason I think there is no interest from investors to look to real estate in blockchain even though it is easier to manage than the old style

I agree with you. I'll tell you from my own experience. I've seen a lot of blockchain real estate projects. And I have never seen them successful, unfortunately.

[Gurjasmeet Singh]

My opinion is that many different types of projects who are  related with  real estate could not give the good earnings. But l can say lot of blockchain to concern real estate are failed. I didn't know what is the reason behind it. But I think real estate business has the faced with  different types of problems from the last few years that results become failure. I think so.