Welcome to our new AMA episode 15. Our guest for today is Nick Halaris, President of Metros Capital a West Hollywood based real estate investment and development company.
The key point of the discussion in this AMA:
1:19 - What sparked Nick's interest in blockchain technology? What made him decide to explore and interview people in this space?
4:06 - How does real estate work on blockchain? What is the process of real estate on blockchain?
8:18 - Quick buying/selling in real estate investment may attract speculators. Increased liquidity lead to greater volatility?
10:17 - How does investing in private funds work if everything is public and available on the blockchain for the secondary market?
13:07 - How can blockchain enforce real estate rules, which vary by state and county?15:04 - What pain points can't crowdfunding sites solve that blockchain can?
17:48 - The network effects of different platforms for tokenizing real estate. Fragmentation of liquidity.
21:18 - The difference between tokenization and fractionalization.
23:15 - Is it the fund that is being fractionalized or the property itself, or do both exist? What's the current landscape?
26:32 - Do access to regulations and legal matters fertile for smaller startups, or can they only help established players?
27:38 - The probability of real estate funds and properties being tokenized in the next 10 years.
28:50 - What is the pricing mechanism used to determine the value of its tokens?
30:52 - Nick's future roadmap.
32:25 - Nick's newsletter about finance, investing, the economy, culture, politics, personal growth, and life.