Digital Real Estate: Web3 Will Forever Change Real Estate Investing

Anyone that is under the age of 35 and has grown up and experienced the emergence of modern technology such as smartphones, it’s more likely that instant gratification is a common issue experienced by this group of people.

To the millennial, investing in real estate is as unattractive as possible in terms of an investment. The process of buying a property is long, tedious, and out of date. The generations growing into money, power, and influential positions will subconsciously view “modern” real estate investing as outdated and requiring an upgrade into the modern, digital world.

This new generation of investors and homebuyers is looking for a method that doesn’t require a costly, lengthy, and untrustworthy property acquisition process. The search for an “Easy Buy” button for real estate could be provided by NFTs, DeFi, and the wider Digital Real Estate ecosystem.

What is a Real Estate NFT?

A real estate NFT is when you mint all the required ownership documentation of a property as an NFT; when bought, that ownership is immediately transferred to the buyer without the need of a middleman, in turn making the whole process cheaper, faster, and more secure than traditional real estate transactions.