# Mattereum Physical Asset NFT Online Meet-Up 27 July 2022 (part 4 of 4)

> One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [594], part 4 of 4. 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, 2022-08-12 (YouTube upload date), https://www.youtube.com/watch?v=gQ4EtanpfGQ. Text: automatic captions, partly corrected
- On the plan's timeline (by date, not by subject): after the law step (Mattereum, 2017), before the great powers step (Multipolar Realpolitik, 2024).
- How it fits the plan (the research build's reading): Practical working of the contracting layer for real assets.
- Career works it belongs to:
  - IG Wines with Mattereum (2022): Mattereum partnership with IG Wines to create digital tokens for high-value wine and whisky.
  - 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)
  - ConsenSys (2015): Strategic architect at ConsenSys after the Ethereum launch. (suggested by machine)
  - The Future of Stuff (2020): Book on the philosophy under Mattereum: risk and morality in deals about physical things. (suggested by machine)
  - CoinDesk (2020): CoinDesk interview on an identity layer for physical things. (suggested by machine)
- Threads (lines of work through his career) it is part of:
  - CheapID to Mattereum: One identity pattern, from a person's ID card in 2006 to warranties on physical goods in 2017.
  - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. (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)
  - environment / green capitalism: Green economics: from oil efficiency to markets for facts about products. (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)
- Topics: Property, NFTs & real-estate transactions (48%); Smart contracts, law & arbitration (17%)
- Distinctive terms here, against the whole archive: NFT (31 here; 45 sources in all, earliest dated 2019); real estate (56 here; 106 sources in all, earliest dated 2013, 2 undated); real world assets (15 here; 24 sources in all, earliest dated 2017); physical asset NFTs (3 here; 2 sources in all, earliest dated 2022); metaverse (4 here; 7 sources in all, earliest dated 2021); oracles (4 here; 10 sources in all, earliest dated 2016); land registry (3 here; 6 sources in all, earliest dated 2018); collectibles (6 here; 27 sources in all, earliest dated 2014); Mattereum (20 here; 127 sources in all, earliest dated 2014, 2 undated); tokenization (6 here; 39 sources in all, earliest dated 2014)
- The earliest dated source in this archive for (undated sources may be earlier): physical asset NFT; physical asset NFTs; condition report
- Importance: core-text score 0.34 (1.00 is the top), number 200 of the 729 sources it scored, the research build's measure of substance, importance and innovation
- Related sources:
  - [199] [IG Wines with Mattereum (2022)](https://guptaoption.com/texts/199.md): same career work: IG Wines with Mattereum
  - [722] ["10 Years of Ethereum... Tokenization is here." ---- RWA... (2025)](https://guptaoption.com/texts/722.md): close in content (cosine 0.90)
- On the same works, just before: [735] [Vinay Gupta - Mattereum (2022)](https://guptaoption.com/texts/735.md); [199] [IG Wines with Mattereum (2022)](https://guptaoption.com/texts/199.md); [800] [Lecture by Vinay Gupta at the opening event of Data in... (2022)](https://guptaoption.com/texts/800.md)
- On the same works, just after: [575] ['How Top Create RWAnfts for artwork in galleries, and... (2022)](https://guptaoption.com/texts/575.md); [576] ['12 Percent US Inflation The Flight in to Hard, Real... (2022)](https://guptaoption.com/texts/576.md); [577] [‘Mattereum, Digital Gold and Not So Stable Coins’ (2022)](https://guptaoption.com/texts/577.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: Mattereum Physical Asset NFT Online Meet-Up 27 July 2022, video, 2022-08-12, https://www.youtube.com/watch?v=gQ4EtanpfGQ; in Vinay Gupta's archive at guptaoption.com, source [594], https://guptaoption.com/texts/594.md.

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

## Passages, part 4 of 4
[2:07:30](https://www.youtube.com/watch?v=gQ4EtanpfGQ&t=7650s) favorite real world asset use case for social good what will be better in the world who would like to check that off i can give the lazy answer i don't not a particular use case but if you just think about um you know if we can create a new standard on chain for more assets to access capital markets right right there you have financial inclusion right so whether it's your minting dye to you know uh a family in argentina or you're minting die against a kenyan fintech the idea is if we build these assets on chain many different groups can access credit that they otherwise wouldn't have been able to access so that's a public good of sorts thank you very much teacher i have to just come up with a quick one please do spice things up before we all go so one of my colleagues here came up with uh a design for blockchain marriages um and for those who've been divorced have been through the process uh it's a little painful um he's worked out a way to to level the playing field so i'm gonna leave that one there i'm not even going to go there guys i thought i would say trust and distributions from assets of trust right there you go you're on the path yeah another one is honestly right um like we saw issues with uh gamestop i think last year where there was more you know options sold on for shorting gamestop than there were shares out there and that is one of the biggest things that uh that i like to see in crypto versus stocks is that everything's provable on chain and i actually know how much of an asset there is out there um and i can see where it's moving where you know there's a lot of systems where we don't have that level of trust and visibility and so that's one of the things i really look forward to in the blockchain industry is being able to you know make things provable and verifiable right thank you david would anybody else like to comment on on kate's question yeah so i mean the way that i look at this is that basically you've got two sides you have the facts and then you have the law and one of the problems that we have right now is that we don't have real good access to facts about things like environmental degradation caused by product if i buy a car or i got a house or i buy you know 200 tons of steel or whatever it happens to be figuring out what the actual environmental footprint of the creation of that thing is is very hard and that's exactly the kind of thing where product information markets

[2:10:00](https://www.youtube.com/watch?v=gQ4EtanpfGQ&t=7800s) and you know this kind of freelance oracle position you know gives you the ability to tag the goods with everything that's known about the impact that was there in the creation of those goods and that ability to actually you know attach the esg information to a data record that is about the object but it's not controlled by the owner of the object is how you start to generate objective reporting for things like hey how much co2 is produced by this macintosh that i'm about to buy and you know once you've got that data you can use it in two ways voluntary compliance where you've got you buy the carbon offsets or the state comes in and says right we're going to levy a carbon tax on that and we've got some evidence about the co2 consumption of this thing now you'll pay the co2 footprint of it and you know that approach as we go forward there aren't many problems in market capitalism that cannot be fixed with accurate pricing of externalities almost everything that's wrong with market capitalism is unpriced externalities whether it's damage the environment whether it's modern slavery or whether it's fraud all of these things about the thing is not what you think it is you buy something you don't get what you paid for the externalities are reflected in somebody else and just closing the loops and getting the data into place and just locking it down so that you get exactly what you pay for and you know the full consequences of your actions you know there's a better world to be had there for sure thank you vinay um well unless anybody else would like to comment on kate's question uh i think we should conclude uh two things one folks should claim their pope uh proof of attendance and the link will be in the chat i hope we have the correct link uh there we are uh brilliant and uh next uh we have an after party which is much more kind of free unrestricted conversation for everyone you know every everybody will be able to take part there'll be a separate uh there'll be a separate uh link for the zoom for that we will share that and uh it's already been shared once or twice but we'll share that and folks will be able to pour themselves a drink reconnect to that zoom and uh chat much more much more uh informally to each other go into breakout rooms and so on if you'd like to network also please don't forget to add your name to the spreadsheet

[2:12:30](https://www.youtube.com/watch?v=gQ4EtanpfGQ&t=7950s) if you would like people to be able to contact you and to be able to to continue the conversation uh with you um so you can see the qr code there for the uh for the pope on the screen um scan it uh please make a note of the zoom link for the for the informal for the informal after party uh pour yourself a drink and we will see hopefully see some of you at the at the after party shortly thank you so much thank you to the panelists thank you to everybody who has such brilliant questions uh and there is just so much good work going on in the space it's brilliant to bring everybody together and we will we will do this again thank you again uh really appreciate everybody's everybody's contributions thank you so much

---
End of [594] Mattereum Physical Asset NFT Online Meet-Up 27 July 2022, part 4 of 4. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt.
Read next: next on the same works, [575](https://guptaoption.com/texts/575.md) 'How Top Create RWAnfts for artwork in galleries, and... (2022); the most closely related, [199](https://guptaoption.com/texts/199.md) IG Wines with Mattereum (2022); his whole career in one file, https://guptaoption.com/story.md.