# The Future of Real Estate RWA (part 2 of 2)

> One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [557], part 2 of 2. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/<id>.md. This file's connections are below, then his passages.

## Where this source sits

- Source: video, 2024-07-09 (YouTube upload date), https://www.youtube.com/watch?v=vzZgByFQVww. Text: automatic captions, partly corrected
- On the plan's timeline (by date, not by subject): after the great powers step (Multipolar Realpolitik, 2024), the latest step.
- How it fits the plan (the research build's reading): Ownership structures; the chosen-neighbours idea echoes reassortment (raised by a guest, not Vinay).
- Career works it belongs to:
  - MATR (2024): A discount token from Mattereum's German subsidiary.
  - Half a Trillion Dollars a Year of Magic: Blockchain, AI, and the Future of the Built Environment (2026): Mattereum essay: combine AI with the blockchain into self-enforcing smart contracts and move real estate...
  - Taking a crack at a practical system (introducing the ESCROWNYM) (2012): Blog essay proposing the escrownym: an identity lodged with escrow brokers under a legally binding... (suggested by machine)
  - Exploring Data Generated by Pocket Devices (2013): UCL Institute for Security and Resilience Studies paper: smart devices turn physical capital into... (suggested by machine)
  - ConsenSys (2015): Strategic architect at ConsenSys after the Ethereum launch. (suggested by machine)
- Threads (lines of work through his career) it is part of:
  - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy.
  - CheapID to Mattereum: One identity pattern, from a person's ID card in 2006 to warranties on physical goods in 2017. (through a work suggested by machine)
  - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. (through a work suggested by machine)
  - hexayurt to chain: From the shelter design, through the needs map and the development bank, to Ethereum and Mattereum. (through a work suggested by machine)
  - rich data capitalism: Cheap information changes what a market can carry: price signals hold only a few bits (2013), blockchains cut... (through a work suggested by machine)
- Topics: Property, NFTs & real-estate transactions (40%); Smart contracts, law & arbitration (17%)
- Distinctive terms here, against the whole archive: real estate (67 here; 106 sources in all, earliest dated 2013, 2 undated); real world assets (7 here; 24 sources in all, earliest dated 2017); tokenization (9 here; 39 sources in all, earliest dated 2014); Mattereum (22 here; 127 sources in all, earliest dated 2014, 2 undated); SPV (2 here; 6 sources in all, earliest dated 2022); Asset Passport (4 here; 33 sources in all, earliest dated 2017, 2 undated); bearer assets (1 here; 2 sources in all, earliest dated 2024); legal enforceability (1 here; 2 sources in all, earliest dated 2017); special economic zone (1 here; 4 sources in all, earliest dated 2018); code is law (1 here; 4 sources in all, earliest dated 2012)
- The earliest dated source in this archive for (undated sources may be earlier): bearer assets
- Importance: core-text score 0.23 (1.00 is the top), number 330 of the 729 sources it scored, the research build's measure of substance, importance and innovation
- Related sources:
  - [559] [Gold RWA arrive onchain! (2024)](https://guptaoption.com/texts/559.md): same career work: Half a Trillion Dollars a Year of Magic: Blockchain, AI, and the Future of the Built Environment
  - [45] [PERMANENT SUMMER: THE NEW MATR TOKEN…And Why The RWA... (2024)](https://guptaoption.com/texts/45.md): same career work: MATR
- On the same works, just before: [561] [How the Blockchain can liberate producers and consumers. (2024)](https://guptaoption.com/texts/561.md); [559] [Gold RWA arrive onchain! (2024)](https://guptaoption.com/texts/559.md); [558] [Event Spotlight - Talk at LOGIN 2024 - Can regulators... (2024)](https://guptaoption.com/texts/558.md)
- On the same works, just after: [556] [ETHCC24: 'Selling physical things using NFTs: what we... (2024)](https://guptaoption.com/texts/556.md); [555] [Breaking Down Real World Assets: Crypto Daily, with... (2024)](https://guptaoption.com/texts/555.md); [554] [RWA for Emerging Markets (2024)](https://guptaoption.com/texts/554.md)

## Reading it

Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it.

Cite as: The Future of Real Estate RWA, video, 2024-07-09, https://www.youtube.com/watch?v=vzZgByFQVww; in Vinay Gupta's archive at guptaoption.com, source [557], https://guptaoption.com/texts/557.md.

Other speakers' passages are removed, so there can be gaps.

## Passages, part 2 of 2
[40:00](https://www.youtube.com/watch?v=vzZgByFQVww&t=2400s) AG title insurance and there's like there's a lot that makes those a lot of components that make these transactions so stiff and so the Innovation that we can bring really it's not just on the real estate fees but it's in the whole process yeah and and the other thing that I want to add back to my point earlier is that those fees are fine if you're looking at valuable assets it's expensive but in many cases fa like cannot find when you look at less valuable assets you have a fixed price that you need to pay that makes those transaction impossible if you're looking at a small po of land that it's worth $50,000 all of a sudden the fees are not 6% you're gonna pay like 20% of transaction right right right that's that's a real showstopper for for a large segment of the market to give you context in the US for over 150 million plots of land are like stuck there so it's a large Market whoa that's amazing wow one poot one for every two people yes right you're right yeah yeah yeah Nelson you are one of the familiar faces of Mattereum doing the event circuit you have the opportunity to interact with many communities many Builders Developers community members any insights on real estate challenges that you have encountered in your interaction so far that also correspond to your own Ambitions and Visions for you know nicer and a more pleasant and flexible way of living one of the things I'm sure you must have noticed in your interactions is decentralization and blockchain as a technology is also encouraging remote workers and one of the unique things that you get when you tokenize real estate and land and apartments and homes on chain is that you allow remote digital workers to relocate wherever they wherever the heart takes them what uh stories opportunities do you think the community would love to see uh from Real Estate organization uh uh to me one one of the point that I mentioned earlier is kind of like key is like how can you Ensure that the people contributing just by

[42:30](https://www.youtube.com/watch?v=vzZgByFQVww&t=2550s) their presence just by bringing you know their families their businesses you know their funds into the into the economy and and contributing to the health of the of the of the place itself how can they also benefit from the upside if one of them uh uh succeed greatly because very often what you see is like somebody owns the place and others are like kind of like subservient to that either they're just like guest or they're like renters and there's a little bit of U of uh disequilibrium into the the the power relationships like if I'm not incentivized to make the place better because in some sense I'm not owning it why would I do it and I can do it up to a certain point but there's a limit to that so I really see into the the the the technology that we have one of the key things that doesn't really exist yet is like if I could be part owner but not in a way that locks me forever because as you said people like to live remotely and be able to be there at some point and then maybe go somewhere else because their life evolves you know people go to some place and find a mate find a partner have kids and then suddenly you know the environment that they are in is not probably the best place to grow kids and they have to go somewhere else maybe more Suburban um uh so so that that way of like I'm able to fully contribute to fully be engaged in the community and then live in the way without damaging the community without damaging the economy so much but then bring some of my chips some of my my my my yield some of what have contributed to the space and bring it somewhere else and have this this flow constant flow of people of assets uh uh uh between between countries between continent between communities so I think that's one of the key aspect that is that is missing but if we're talking about our industry I think there's really a gap still in most people understanding of real world assets and they still see it as very difficult to actually touch the braks to actually touch the the the real estate uh it's not necessarily that they don't see it as possible but it's it's the industry is still nent and I think it's quite exciting to to to to see that happening and I love what what fed is doing what what chin is doing because

[45:00](https://www.youtube.com/watch?v=vzZgByFQVww&t=2700s) it's kind of like breaking those bar and showing that it is possible to to to bring those very s simple those those those primitive those those Prime asset into the chain and then what could we build on top of that is very exciting we haven't really talked about that but also land regeneration is a big aspect we talked about climate change but besides just moving from Florida to somewhere else could actually take a undervalued desertified place i' I've I've been in Portugal for a couple of years now I'm in Barcelona Barcelona is going through one of the worst droughts in 100 years when you drive to the center of Portugal you just drive around and you see the soil it looks like death it's kind of like this gray weird thing that you know that nothing is is growing on top of it partly because of monoculture the interesting thing is like we have the technology to make it better so could I invest could I put some money in could I put some crypto in buy some asset regenerate it raise the value make it a lush Oasis and then maybe build something on top of it or just run it as a business as like agriculture business right and bring some yields to it so that's that's that's the the way that I see that will be really key is like building those land regeneration protocol or those liquid Co ownership protocol that allows people to be invested not just in eal abstract assets but like in actual in actual land yeah and I think the possibility of thinking of blockchain Technology as a force of good to not just create sustainability but also to revitalize areas and in ways that feder also touched upon with even desert land there is always desire there is always potential and folks once given the Avenues to explore those opportunities might just reveal new Innovations and possibilities that many of us are even yet to imagine that said we are recording this podcast on the heels of some very euphoric news in the community e ETF approvals or at least the start of it has got everyone cheering and you mentioned very interestingly Nelson how many folks on blockchain cannot touch uh real world assets and that is one of the unique things that I think Vin has had a front

[47:30](https://www.youtube.com/watch?v=vzZgByFQVww&t=2850s) seat view to since he has seen ethereum in its nent idea stage evolving into the Juggernaut that it is today V how do you I think this will be a great opportunity for you to speak about how Mattereum helps ethereum connect and interact with real world assets there is so much about the Ethereal land of inovation and ideas that ethereum has evolved into and continues to grow grow into and there is this real world that is waiting to one connect with ethereum and those within ethereum want to connect with it how do you see this playing out so the bottom line is getting real world stuff done is super super hard right I mean you know F you you know you talked about having operating licenses you know by the Dozen and you know 50 states all the necessary machinery for operating all of that stuff is infrastructure right so if other companies wanted to ENT this kind of real estate space they either have to go and get all of those licenses themselves or they have to send their deals to you and then you run the deals and you guys split the margin right and that sort of notion that the early actors build infrastructure for everybody else and then you wind up with a handful of large companies that basically run the transactional backbone for everybody else this is the same architecture you got in the Dooms in web too with Cloud right but in blockchain the thing that you wind up needing to do that way is not Cloud it's lawyers right the scarce resource in the blockchain the expensive resource in the blockchain is not transactional space that's the thing that the blockchain provides is the transactional Machinery the scarce resource is the legal bindings to get the things onchain and then moved around because that turns out to be the hard difficult part of doing blockchain stuff you know at this point in history if you got you know 24 nerds in a room for 6 months you could come up up with a pretty decent plan for an L1 chain um but if you want to try and transact you know a bicycle legally in 12 different states in America you know you bring $2 million and you wait two years it it's a very very big jump V that's so true so we have been refining our thrust instrument for six years now yeah and we have spent a ton of money in lawyers we have a full-time say attorney was our first hire of course and we worked with so many firms

[50:00](https://www.youtube.com/watch?v=vzZgByFQVww&t=3000s) we got to a point where we think that that should be something that other people can use and we open sourced it so we have taken our trust agreement and open sour you can go on g that's amaz download it and use it for other assets I did not know you had done that yeah we we we we released it last month that's fantastic well congratulations and thank you from the rest of the space I thank you not enough people knew that you did that that's fantastic amazing thank you and the idea is like that other companies should use it this is like we're talking about bringing a $300 trillion doll asset class on chain it's not gonna be as a low so please join us that's that's the homework we've done so far someone please come up with some idea to solve another issue and we'll collectively make it happen and it's like can be land it can be residential it can be commercial it can be other asset like you medals and so on like there are people are like tokenizing watches this day and like we're doing it very basic primitive we're telling them like hey why don't you use the trust yeah you can use the trust for for small objects and if you could do a $500 piece of land on the trust doing that you know $40,000 watch should be easy exactly yeah I mean go this kind of thing right you know so you know Mattereum we did the work on the arbitration stuff all the ricardian thing what of the concrete fruit of that was the UK jurisdiction task force digital dispute resolution rules uh and that came out of you know lots of people working for years you know we did some held some conferences we contributed some of the rules clar us were involved lots of different people were involved in those roles you know as well as lots of time from the law firms Society for computers and law the rest of that but at the end of that there's a legal document of 15 pages of rules for handling disputes over digital assets and that stuff is valuable to anybody in the space that's doing things legally all of these components are getting built exactly like we saw with open source software and eventually you get to the point where that brings the cost down to the part where the industry flips over you know I mean I I really think that in the States this thing about the commissions no longer being a fixed 6% price competition on real estate transactions is about to start in America in Earnest you know the the the possibility for Rapid transformation there in the delivery of frankly with the original blockchain Vision I think it's enormous and you know we have all

[52:30](https://www.youtube.com/watch?v=vzZgByFQVww&t=3150s) this stuff about how we handle the standards of evidence and the documentation of the thing you know how do you take all the legal documents that back the trust and make sure that every single document is authenticated all those kinds of processes we good mechanisms for doing yeah it's a thing it's really a thing and federo I think it's quite interesting that you called home what many in the world would consider to be the design capital of the world Milan and now you are calling home which is where the world looks to for Innovation speaking of ecosystem growth and ecosystem building one of the ideas that you shared speaks about how you hope to grow the ecosystems in such a way that more Builders more Community participation can happen not just the land investors and owners sellers and buyers but it is an opportunity for a much larger ecosystem to participate what does Fabrica land offer today and what is the best way for our listeners to interact with Fabrica your project and contribute in any way they can thank you that's a great question so there are two aspects I think one is that we help the end user so I believe that any protocol without user is worthless so it's it's a nice white paper uh but you really want to bring people on board and the way to do it is to allow them to do something useful and fun and so you can just go on our website and buy a plot of plan in the US and put it in your wallet it's that's simple like it's like as easy as buying a JPEG that's what I like to say to crypto people and all of a sudden you're a land owner in the US and that's one way to show and like be engag with the with with something that it's like so unique and fun to do and it's not complicated it's an instant uh so what from a user standpoint and then the other side of it is like okay how does this work and is it for Builder and hackers yes it is like not only we have the open source trust agreement which is like for for legal people but you can look at how we build the tech stack and you can say hey you know what I live in another country and I want to be part of this that's the recipe there to basically create your own validator to bring properties on chain in your specific jurisdiction and we do our our best to cover most of it but the last mile will be done by someone living in

[55:00](https://www.youtube.com/watch?v=vzZgByFQVww&t=3300s) those countries who will go to the specific local offices to understand how title works and connect it to the to the onchain asset and take care of a Last Mile and I think that's that's what we offer to people out there is join us in a in a collaborative way to to make it really a decentralized system system that runs all over the world and bring real estate to a digital standard that you can use into any application I have a I have a question actually that I had earlier when you explained a little bit your your setup so you have this token that allows to get you know kind of like a transitive ownership of the of the asset do you also transfer Revenue potential revenue from from the assets whether it's through rentals or any kind of like business on the on the or do you avoid touching it so far and you kind of like sep separate the two it's a good question so currently the legal setup says that whoever is in possession of the of the token basically gets whatever Revenue the the property generates but we don't necessarily we're not focused on that we're focused purely on the title and ownership of the property so we don't have any mechanism that automatically distributes revenues or anything like that so it's purely system to py properties and prove that you are the owner on new rails and ownership of a property coms with all the rights and the liabilities of owning a property and uh eventually I think on top of our system people will build Securities so people will build something that is like closer to the traditional real estate offerings that you see like tokenized commercial properties with a manager and and many owners and so on and that's that's a different thing from from what we do at a lower level of just mapping the the ownership the flexibility and the opportunities that come out of it but it all starts with a strong foundation and that is with the titles and the ownership and to make sure that that is enforceable recognized and transferable I think it's quite fascinating how you described anyone could go to Fabrica Doland and buy a piece of us real estate I think that's fascinating V one of the areas that you touched upon earlier on was the opportunities of AI

[57:30](https://www.youtube.com/watch?v=vzZgByFQVww&t=3450s) to solve and sift through troves of let us say real estate data to find unique combinations that are beyond the capabilities of existing Technologies AI Innovation with trust minimized data TR data that has been validated by experts lawyers we love them we have them and I think all the projects uh that we have on this call embrace the possibility of policy and legal compliance as being one of the core undercurrents of delivering this reliably to users V what are the opportunities that you imagine would emerge out of this Ai and Beyond so I mean all this stuff basically comes down to oracles right you know the old name for this from the beginning of time is the Oracle problem the token says three-bedroom apartment in New York the token is purchased somebody goes over there there's no such property you got to figure out who's responsible so that ability to maintain an accurate model of what's happening in the real world AI does not have eyes right even if the AI has a camera the prospect that the camera could be manipulated in some way the AI thinks it's getting a picture of one place and it's getting a video feed there are all of these things the kind of you know oceans El Liv stuff that make it hard to do electronic monitoring so in any instance when you look at a piece of data there is a possibility the data is in error and this is the kind of badrock Mattereum problem is you want to buy and sell real world asset whether it's a Rolex or a gold bar or an apartment the Primal problem is what is this thing really is it actually there when somebody says they own it do they really own it all of these questions about the doubt of Providence the doubt of legal standing legal status all the rest of the stuff all of that so when you put an into a mix like that the prospect that people could use AI to produce fake data which will be consumed by other AIS by human experts by smart contracts you know we all sort of know that the old world we're seeing is believing is kind of gone but it's still probably half a generation of AI away to the point where you can casually generate photorealistic pictures of things which already exist but are manipulated in some way right right show me this apartment but make it like it's had a really nice retrofit okay look the

[1:00:00](https://www.youtube.com/watch?v=vzZgByFQVww&t=3600s) windows look better now and they've got a new layer of coating oh and they did something with the roof too yeah could you change the color of those roof tiles make them a little more kind of bright red oh yeah Okay cool so that whole notion of perfectly made fake everything everywhere this is only going to get worse and worse and worse this time passes hey AI could you make me a 500 page roughly documentation packet for a bridge in New York yeah yeah make it run between here and here uhuh yeah Hudson to Brooklyn okay fine yeah just make me a bridge and you know then you go around and you sell this fake bridge to people the the arms race between human beings and AI for the ability to produce perfect fake nobody doubts that humans lose that game right and then you say oh we're going to use AIS to check all of that stuff it's like are you now is that going to work how did spam filtering go did spam win or did spam filtering win well kind of spam one so the expectation that I have at least is that we wind up with the blockchain being used as the source of Truth for basically everything in the material world because anything that doesn't have a hash on a file from some kind of source that you trust unreal and then how do you know that those sources are trustworthy well if I can prove one of them fake something they should pay me compensation right and all of this the Mattereum asset passport because we are seen a lot of change over the years shall we say the Mattereum asset passport certainly Works to do things on the blockchain but it really works in an AI environment so we take you know a large complex building project okay there's a trust which contains the title on the property that's great there are then 75 different kinds of data that have to be verified and validated layer that stuff into a Mattereum mive passport one of the claims is the property is in a trust set of people come and provide warranties on that data that's kind of how you would take the sort of asset transfer technology from Fabrica and then you would apply the asset definition technology for Mattereum and that as a combined product you kind of take that out to the world of AI and you know like hey you want to buy an apartment it really exists or do you want to take your chances that all the product pictures you're being shown of that apartment are nonsense you know I mean imagine things like zupa you know what is zupa going to look like after AI is essentially perfectly able to fake things hundreds of thousands of fake properties it's going to be like social media

[1:02:30](https://www.youtube.com/watch?v=vzZgByFQVww&t=3750s) profiles on Twitter but for houses it don't exist it's going to be crazy right and all of that stuff we're not talking five years of transformation we're talking like middle of next month yeah middle of next year for sure you're going to see just this gigantic sea of fake everything everywhere nobody knows how to stop it everyone knows it's coming and that I think is the moment where the blockchain goes from being kind of like you know every used to say but what technology does the blockchain solve it seems like a problem in search of a problem it's like oh well the problem arrived the AI guys are here think there's a perfect blend of opportunities when you merge blockchain and Ai and I think that is one idea that the community has been super excited about but we are still waiting for those runaway ideas or implementations one very interesting story that is also emerging parall in Silicon Valley of Fredo's backyard the way open AI is signing passive deals to access data from Reddit to access data from various sources so that their ability their llm is trained on data sets that is unique there is a land grab of sorts happening for information that is valid and unique and I think that uh is an unique opportunity and I'm glad you mentioned the Mattereum Masset passport wi because the depth of information that comes with the asset passport the temp documents the constant Evolution and updates that it warrants the certifications insurances that comes with it it's a unique opportunity that allows an AI assistant to guide you in that Journey where in a world where anyone can make anything who do you know to trust and trust is why code is Law and all of us are Crypt Natives and we believe in that blockchain story and creating trust layers to bring real world assets on chain in a way that everyone can get behind and like Nelson mentioned the ability to have Dynamic choice to have fluidity to have the ability to go where your heart takes you to pursue your passions is the opportunity that this brings okay I think we are not ready to wind up I'm just going to go around and let everyone share their parting thoughts and ideas Inspirations any Shields everything is welcome so Nelson starting with you uh I missed a proper introduction but this is a great opportunity for everyone to know

[1:05:00](https://www.youtube.com/watch?v=vzZgByFQVww&t=3900s) where they can find you and how they can get in touch with you one quick hint for our listeners Nelson is one of the the best places to reach Nelson is on medium's social and Community handles on telegram soon in other places as well but Nelson over to you thank you thank you Pine many many thoughts so so first we're going to be in Prague for E prag it's going to be very interesting so if you're around come and talk to us we can talk asset passport we can talk land regeneration or SM Villages Network te all of this this this this is going to be great the the the other thing is if anybody is interested in building kind of like protocols or people to invest at scale kind of like a massive real estate fund for land regeneration I'm exploring a lot of those ideas especially around restak in around toonomic models so there's a there's a project Brewing around that so if you want to talk to me about this this is this is this is the moment the other thing is that I'm in Barcelona we have a Crypton days Meetup every week so if you're part of the committee or just visiting the city this is where you can you can find me and otherwise on all the socials are known as computer poets so let's talk that's wonderful Nelson is very much almost like our internal customer you know like before Nelson kind of formally joined Mattereum he'd be just like okay when can I use this thing to go and do large scale regenerative Community when is it ready when is it ready when is it ready eventually like okay help us get it ready you need a Nelson in your team to keep you on track and moving first also to give us some sense of optimism because I mean one of the thing that makes Mattereum what what it is is that we have a lot of very Grim people you know Anton my managing director you know used to do infection control in prisons I used to work on worst case scenarios also pandemic epidemiology you know the the the hardness of the grip on the problems of the real world comes at the price of being the kind of people that approach any situation with like um you know a large wrench you know we're just going to tighten this thing right so the kind of light or touch of like okay cool cool cool you guys just take care of that but now we're going to make something interesting and beautiful happen with that grip you you go tighten the bolts we're going to go build the party you know you need that mix of perspectives to get something that isn't just a sort of bare technocratic function yeah um you need something other to do with these tools other than

[1:07:30](https://www.youtube.com/watch?v=vzZgByFQVww&t=4050s) to just solve problems you also need the ability to create new things while you keep saying that in different ways V that the Mattereum team can be Grim have got a different perspective but I must confess that in my time working with the Mattereum team they have proven to be some of the most fun entertaining and great people to work with so I don't know who you're talking about but I'd love to meet them that said federo there's so much excitement and ideas brewing in the space but I noticed that you have made inroads with try investors you know communities who are foring into blockchain what what's happening at Fabrica land and what should be looking forward to next thank you well first I want to say like most people don't know what real world assets are yet and they when they hear the war these days they talking about like fry bonds and so on and like still like very remote things from everyday people like the reality is that real world assets are around you and that's what we're bringing on sh and we're making it easy to own them and use them in a fun way so yeah we're ready for that absolutely So to that my call is like if you want to own some land come to our website and buy a plot of land if you own some land put it on shake the first property we'll give it for free like just come to our website takes five minutes and you have your property on chain and it's beautiful and have fun with it and play with it and experiment with it so that's one one one thing that I wanted to say the second one is like if you have some crazy real estate ideas of the next business model but it cannot be built because it's too difficult to do on paperwork talk with us we give you the digital primitive and you go and build your unicorn really that's that's that's a call to action anyone can get behind I really like how some of the core narratives around Fabrica has been around breaking down walls getting people out of areas that were once gated communities to create a democratized access to real world assets and Parcels of land I really like how some of the community literally ask their Dows and their groups what do you want us to do with this piece of land and here has an aerial shot of it look forward to more interesting news uh out of your team Fredo and thank you again for joining us quick before we wind up I just want to do a quick date for the community and our listeners that the Mattereum token

[1:10:00](https://www.youtube.com/watch?v=vzZgByFQVww&t=4200s) the Mattereum gmbb token is now available for sales it's in the stage one process open until the 4th of July and the matter token once you hold them it's also gives you an opportunity to Discount uh real estate assets when you list them when you tokenize them and when you certify them wi could I trouble you for a quick breakdown of how how the token works when you're working with real estate tokenization yeah sure absolutely so the way the Mattereum operates is it charges fees unlike many businesses we have a very straightforward model you want to do stuff we charge your money for it so that very straightforward model uh applies to all kinds of different assets pretty much anything it averages out to about 1% of the value of the asset sometimes more for something sometimes less for others all work 1% so the way that the token works is that you can prepay 50% of the fee with 50 tokens so for a huge asset the fee would be large for a small asset the fee would be small one way or the other you could pay for half of the token uh half of the fee with 50 tokens so it's essentially a coupon or a voucher for future transactions um and that as a model uh turns out to be relatively well behaved legally in the EU and in other places um so the tokens are on sale you go to Mattereum dode if you are not in the UK and not in America it will show you the details how you buy the tokens and how that works uh I will note the token is subject to terms and conditions um because uh we have lawyers that make sure that things are proper and they need someplace to put all the information that tells you the rules of the game the sort of you way that we imagine these tokens working and I think this is a generally useful mechanism is this that the higher price the asset is the bigger the utility of the token when it's used so the tokens will tend to be used on the assets which are largest and most important and exactly how that will work over time is you know the tokens will just be deployed in the places where people get the most useful discount from them so it provides a way for us to basically subsidize people bringing new and expensive assets into the Mattereum ecosystem uh it is definitely um a token that was designed for maximum compliance so there are a lot of features that people expect from tokens these days like oh where's the buyback scheme and where's the this and where's that and where's the next thing it lacks a lot of those features because if you put those features in your token turns into a

[1:12:30](https://www.youtube.com/watch?v=vzZgByFQVww&t=4350s) security and all of these kind of questions about exactly how tokens are regulated you kind of want a token which is a very simple very clear model so that if you are something uh some kind of larger entity and you want to a really clear understanding of the legals it doesn't take you three years to three Milli to figure out so it's a nice clean clear simple thing but I will warn token bars it doesn't do some of the things you might expect from a token because it is intended to be very very compliant it's a token that does its job and very little else and I think that's something that is certain amount of pride in saying that I must also mention that the token is not available to residents of the United States and UK so that is another factor to consider that said the fact that the team is going to be at leading events in Europe and soon to be in other places around the world we look forward to seeing you there and staying connected The Hope and ambition for the real estate tokenization journey and story is that it is one of the key areas that will bridge the gap between the real world when we say the real world not just users but also government policy makers decision makers around the world crypto can demonstrate fantastic use cases that work that can solve some of Humanity's greatest problems through the effective use of real estate tokenization so let's look forward to that and I hope that this conversation has inspired you to explore this space explore the projects that we mentioned today and we look forward to staying connected with you thank you again for joining us for episode two of the future of Stu podcast we'll see you next time this is me Prine signing off thank you everyone [Music]

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End of [557] The Future of Real Estate RWA, part 2 of 2. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt.
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