Let’s talk about Web3. You may have heard this term recently as cryptocurrencies, NFTs, and blockchain technology are becoming more prevalent in the technology spotlight. Web3 is a new iteration of the World Wide Web, based on blockchain and incorporating decentralization and token-based economics. This new version of the internet will span across all industries, from coffee shops to multi-billion dollar corporations - and real estate is no exception.
While a few years ago, there was one way to buy and one way to sell. Web3 provides alternative financing solutions, unlocking paths of homeownership both through new avenues and for those who didn’t have purchasing power previously.
8z’s Founder & CEO, Lane Hornung, recently spoke about this topic on the stage of Inman Connect - New York. Check out the recording below where Lane talks about how Web3 is already working its way into real estate through new tools and business models, and how it will change the industry forever.
