"...there's technically not a single person who can't be a home owner" but I want to live in a home, not poorly manage one with 1-1000s of individuals who only want a profitable return and don't care about who lives in the home. This is just going to exacerbate the housing crisis and may lead to only the top 1% actually owning 100% of their home.
@MrHav1k9 ай бұрын
What the hell is AMX59K??? More bot BS. Nice try with the crypto scam pump/dump
@user-j5ja959 ай бұрын
we should all report it tbh, this type of stuff is so harmful
@simpmaster79959 ай бұрын
@@user-j5ja95 Reporting doesn't help as KZbin intentionally allows these bots.
@krisdd9408 ай бұрын
Finally someone commented about this bs lol been wondering the same thing
@brianh93589 ай бұрын
Homes should be for living in, not for investment. F**k this whole "turn everything into a commodity" mentality.
@lilmichael2129 ай бұрын
Except ownership is and has been crucial to living a prosperous life. “You will own nothing and be happy” is an ominous quote for a reason. Homeownership while yes is 100% about living and building a home, its also just as much about owning an asset that hopefully increases in value and continues to grow your worth for that home and family you just built. It’s both about living and about ownership. Tokenization makes ownership easier and more accessible, this is crucial to a more prosperous, financially independent society, especially the middle class who own very little assets as of now. You need to do more than just work and save to get ahead, you have to OWN.
@brianh93589 ай бұрын
@@lilmichael212 I personally think that "Tokenization" is just another way of converting housing into an "investment". The idea that housing is an investment is what has continued to push up the price of a place to live so that the average person can't afford it anymore. There seems to be a disconnect between the purpose of why a house is built and what is actually occurring. I understand that people see their house as an "asset" but that is part of the problem. I don't think that this idea (or the whole philosophy of housing as investment) is going to lead to anyone "get ahead". You are playing a rigged game - like roulette in Vegas. Sure, your house went up in value - but so what! Because now the next house you want to buy is much more expensive too, because everybody is playing the same stupid game. The only people who are getting ahead are the corporations, or the rich, who can buy up as many properties as they want to.
@DonVillaLAN9 ай бұрын
TLTR: It won't democratize Real State owning, it would expand Real State's stock trading capabilities though... Nice...
@nicolasbenson0094 ай бұрын
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
@CraigLloyd-fz6ns4 ай бұрын
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
@hersdera4 ай бұрын
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
@Hectorkante4 ай бұрын
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
@hersdera4 ай бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@Michaelparker124 ай бұрын
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
@berry2929 ай бұрын
If the tokens are under a single LLC, why would you need a blockchain token in the first place instead of a normal database?
@einCAA9 ай бұрын
Marketing
@The4.0Guy9 ай бұрын
Yeah i.dunno? And why not just buy a share in a REIT? With the REIT you get some people manahjng the properties instead of this bit about everybody voting to change the carpet or paint?
@vidhyanandcs9 ай бұрын
The LLC is a decentalized autonomous organisation which is not governed by a centralized entity. So decisions are made by on chain voting which is not possible via a normal database
@starek17019 ай бұрын
Transparency of data.
@EnricoPolanski9 ай бұрын
@@starek1701 You still don't need a blockchain for it.
@TheSteakSammich9 ай бұрын
This just seems like a worse REIT, with the addition of perverse incentives. I know they arent exactly analogous, but am I looking at this incorrectly? Im sure tokenization may have niche applications...I guess we'll see.
@The4.0Guy9 ай бұрын
Right. Also, at the end of the video one guy states that with this 'everybody can own real.estate'. Well isn't that what a REIT allows average people to do? They don't need a downpayment they can buy whatever REIT shares they can afford?
@Haveyoueverbeenswallowed9 ай бұрын
This is exactly what came to mind. At least REITs are more regulated, therefore, you are able to invest understanding the full risk of your investment. Thats not the same for these new types of investment options. I’ve seen tokens collapse, even ones supposedly “pegged” to the dollar. Not sure how I feel about this. We still don’t understand crypto like we understand the stock market and real estate. There’s simply not enough historical data to provide us enough information to make a proper decision.
@EnricoPolanski9 ай бұрын
Sure it has, taking fools their money thinking that putting something on a blockchain where there's no need for it is a simplification. Remember those NFT images lunatis?
@mariadelcarmencaracheosubi90289 ай бұрын
Forget Shiba and Dogecoin. The next Bull runner gonna be AMX59K
@mihoda9 ай бұрын
You do not want to own a property with 200 other people *regardless* of the tech that does it.
@EnricoPolanski9 ай бұрын
Seriously people are delusional, most of those crypto cultists are. Just try owning real estate with just one person and rent it, you can't believe the amount of work there is, how many arguments, how many things to decide, This is a very common feedback in startup incubators when it comes to real estate and why there's so few tech projects for real estate: it's a centuries old business where most things have been min/maxed, it's tough to think there are technological solutions to real estate problems.
@America-The-Great9 ай бұрын
Your %100 correct!
@The4.0Guy9 ай бұрын
@@EnricoPolanski you are right, tougher than it looks and this bit about everybody voting on how to manage the property sounds like it would be chaotic?
@dwaynelattimore8198 ай бұрын
I'm interested in understanding why you seem this to be a failure when REIT's own tons of real estate in the USA's most populated cities. From what I understand, the ownership should not exceed the actual equity in the property and if the value of the property should fall below a certain point could trigger a foreclosure. The fact that all the transactions would be recorded on the block chain is great because no one has to run down to the city to pull info or worry about title searches when the info is irrefutable. Let's discuss.
@DIGTHEVOICE8 ай бұрын
Resistance is futile. Stay on the boomer side or make a mint off of investing in the SOFTWARE PROTOCOLS that will make tokenization possible. Getting caught up in the minutia will yield ZERO gains. Do some research, put on your big boy hat and change your financial future. I'll give you a start of terms to GOOGLE ISO20022 ISO24165-2 ISOTC307 XRP, XDC, XLM, ALGO, IOTA, QNT, CELO, DAG, HBAR ITS JUST SOFTWARE FOLKS. DEMONIZING IT MAKES YOU LOOK OLD. 😂
@alvarotrujillo13139 ай бұрын
Best bet for 100x is going to be AMX59K , once its on major exchanges it will explode.
@maltherasmussen8247 ай бұрын
Consider consulting with financial advisors who have experience with cryptocurrencies. They can provide personalized advice tailored to your financial situation and goals.
@andrewlockwoodtradeandinve77407 ай бұрын
Some people should maintain emotional discipline and avoid making impulsive decisions based on market hype or panic. Stick to your investment strategy and make decisions based on research and analysis.
@venlalaine14817 ай бұрын
I want to invest in bitcoin, how much is good enough to start with?
@maltherasmussen8247 ай бұрын
$20k - $30k is good enough. It’s best to start small and grow from there because this is what is advisable.
@venlalaine14817 ай бұрын
Alright thanks for the advice. Do you know anyone that can manage my portfolio? because I don’t have so much time as a doctor and I want to invest.
@maltherasmussen8247 ай бұрын
I know just Andrea Lund and she’s with Trading live limited.
@PhilipMurray2519 ай бұрын
Sold my APPL before it tanked, will buy at next major drop. I’d definitely need to make use of the $250k liquidity elsewhere. So what should I be looking at? Large cap or small cap stocks? Maybe crypto?
@BenjaminMcLeod8159 ай бұрын
It’s going to be a wild year for these sectors, so you should def. invest in crypto. 60% of my portfolio is spread across tech stocks, crypto and Crypto/Gold ETFs
@Too-old-Forthischet9 ай бұрын
Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyze the market?
@Natalieneptune4699 ай бұрын
could you recommend some good advisers? don’t get me wrong, I already have an asset manager for my $5m portfolio, but he seems not to know much about crypto.
@Too-old-Forthischet9 ай бұрын
Nicole Desiree Simon is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
@Natalieneptune4699 ай бұрын
Cheers buddy. Smart and great looking lady. Hopefully will my time. I left messages, was told to expect feedback. Thank you.
@reyesarg9 ай бұрын
Greedy people...Let's do options trading on your tangible house. (rubs hands together in greed)
@chrisjohnson72559 ай бұрын
2:45 , if we don’t let people sell below market value, we will be worsening the affordability problem? True or False?
@heinousanus93529 ай бұрын
True, as well as potentially imprisoning an owner in the home.
@Alexibawendi9 ай бұрын
As a newbie that wants to invest, you must have these three things in mind 1. Have a long term mindset. 2. Be willing to take risk. 3. Be careful on money usage, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with a financial advisor.
@Louisbrus4989 ай бұрын
For real, people underestimate how much they can rake in from the stock market. I started with 127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than 206k within just three months of starting, and it's been an awesome ride since then.
@vikingspud9 ай бұрын
"Don't call me homeless! I own $60 of real estate tokens." brags a dude who sleeps under a bridge.
@whois_mikejamesАй бұрын
He still has "some" assets though. Lol
@vikingspudАй бұрын
@who_is_mikejames The other homeless are undoubtedly envious.
@sephirothprime84039 ай бұрын
I can’t tell whether this is worse than HOA’s or Timedhares. But it’s definitely a terrible investment idea and it will only make the rich richer and keep the not-so-rich further from living the American dream or owning anything outright.
@erbol00119 ай бұрын
Problem of housing is not investment it is interests . Interest of real estate developers is creating artificial demand for housing. Interest of investors decrease supply of housing. Interest of politicians is to decrease land for housing because they get lobbied for it.
@MLEPOS16 ай бұрын
The inflationary potential here is astronomical! This is the only reason this is to be implemented!
@saulgoodman20189 ай бұрын
Why would someone sell a share of their home?
@trogdorstrngbd9 ай бұрын
To get money -- it's that simple. Unlike a loan from the bank, with this you can defer paying anything back until you sell the home.
@mimi217469 ай бұрын
@@trogdorstrngbd you can't market it to people who don't own a home, lol
@paralyzdtheory9 ай бұрын
So if someone loses their private keys, then what? RE will always be ruled by lawyers, govt, people
@vidhyanandcs9 ай бұрын
The DAO can vote to re-issue the tokens as KYC is mandatory for purchase.
@paralyzdtheory9 ай бұрын
@@vidhyanandcs if a vote can re-issue tokens, why use a blockchain?
@levelUpmarketing09 ай бұрын
It is like REITS but with better marketing. They probably make will make billions of dollars off transaction fees like any middleman.
@austinduke88769 ай бұрын
I copied this directly from Vest's FAQ.... "Vesta Equity operates with only a platform fee paid at the time of each transaction. An initial closing cost fee comparable to other property financing products also applies once a property owner has decided to list. Vesta Equity also offers integrated services for property valuation and professional photography to assist with your listing." Not only will they collect a large fee on par with a HELOC but they will also be collecting anytime a token is transacted. They probably will get rich off this.
@CandraIrawan-m4v9 ай бұрын
Tokenized real world assets is starting now.
@doublewestern78519 ай бұрын
Adding more fuel to the fire
@samirsaidi27209 ай бұрын
So like REITs?
@blackwintergaming46098 ай бұрын
Yes
@yannclisson85759 ай бұрын
Thanks one again for this video. Appreciate your input on youtube and also on The Canadian investor podcast 👌🏽
@krazyallu9 ай бұрын
What's the benefit over REITs ?
@R.U.Pennybags24 күн бұрын
Seems to me like the only realistic use case for block chain in real estate is authenticating ownership by tokenizing deeds, which wouldn't "shake up" the industry at all.
@tikeyachess-story13529 ай бұрын
Super interesting segment 🙌🏾
@AurélioCunhaCavalcante3 ай бұрын
Your insights on the future of NFTs are thought-provoking.
@NotoriousRawDogger9 ай бұрын
It's a scummy business model with the word "Blockchain" in it
@eduardocastillo-oi7ve9 ай бұрын
vesta and equity are interesting projects that are tokenizing real world assets, what other commonality do they share- Algorand
@raenico52859 ай бұрын
So what determines the value of such a token? The market value of my home or the price of the token on the secondary market?
@lonyo53779 ай бұрын
How do you sell your home without being held hostage
@Teolulz9 ай бұрын
so you want to buy a share of my house using worthless tokens created out of thin air and backed by nothing? sure. where do I sign?
@cherrypoutines62699 ай бұрын
How to complicate something simple so a middleman can make a profit. The basis of western economy 👍
@moreywilkerson83789 ай бұрын
Dude right
@LesterBarrack9 ай бұрын
Kardden Token and amazon signed a partnership. It will blow up once it hits mainstream.
@AleneTuzzioАй бұрын
Great analysis, thank you! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
@Wizznilliam9 ай бұрын
Sounds like a Home Owners Association on steroids. No thanks lol
@CodyBostel9 ай бұрын
Kardden Token will make millionaires, after CEX listing it will blow up.
@maestoso479 ай бұрын
The financial controllers would never allow it.
@CEROtian92799 ай бұрын
Still a solution looking for a problem. Why don't just buy reit instead
@rileyhughes7188 ай бұрын
How many people do you think will want to own and trade 1% share of Kim Kardashian's home for example?
@CEROtian92798 ай бұрын
@@rileyhughes718 So we went from revolutionizing real estate market to scammy celebrities endorsed house sale? Cool man.
@GrantWisozk9 ай бұрын
I believe Kardden Token will go 100x after launch on Binance
@DrunknUnbuckled9 ай бұрын
This is how the government ends up owning all the homes. Yeah, you buy a house with a token, then the token gets auctioned on the stock market, then the value of the house/token goes up to some outrageous amount, then in order for a person to have ownership again they need to buy the outrageously high invested token again and they cannot because the value is too high for them to purchase it back. This is not healthy for the middle/lower class at all. BAD INVESTMENT IDEA.
@homedoghappiness8 ай бұрын
Take your tokenization hands off the residential market where people live. Let people live (+ buy into their futures) in peace!
@NeshoGotay3 ай бұрын
Thanks for the breakdown! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
@jamesdoody88939 ай бұрын
Most of these real estate tokens ideas are either too complex or too over thought out. The idea that wins will be simple but so effective. Which is what I am currently working on right now.
@TheSwissTinkerMan8 ай бұрын
#Digibyte is blazing the way for real estate to be #Tokenized.
@sdtsai37449 ай бұрын
Makes no sense
@America-The-Great9 ай бұрын
Right! What the hell is this? Crypto only makes thingd worse and confusing
@MarlonVandervort-tw7el9 ай бұрын
Kardden Token will moonshoot after CEX listing..
@myownboss19 ай бұрын
Interesting, but I’ll just stick with buying fractional shares of bitcoin….
@OttoRower9 ай бұрын
Kardden Token is awaiting major CEX listings. Its possible to hit 100x this year.
@EliWesley58 ай бұрын
I am so happy that I made productive decisions about my finances that changed my life forever. I am a single mother and I live in Spain, I bought my second house in September and I hope to retire next year at 40 if all goes well. thanks to Louise O'Brien for helping me achieve this.
@RyanMaverick28 ай бұрын
You trade with Louise O'Brien too? Wow that woman has been a blessing to me and my family.
@AveryBrice98 ай бұрын
That woman has changed my life for good. I attended her investment class couple of weeks last year and she’s the best when it comes for Guidance.
@FarayelAlfie.28 ай бұрын
I've heard a lot about her. Please how do I contact Louise O'Brien?
@RaelynnGrayson28 ай бұрын
I'm happy to see Mrs Louise O'Brien mentioned here, my husband recommended her to me when I was in Germany during Covid, she's amazing
@DerekErskine18 ай бұрын
I was skeptical at first till I decided to try. It's huge returns is awesome. I can't say much.
@rowdyonez9 ай бұрын
Financial engineering on crack. They not helping you! They helping themselves to part of your equity.
@kito1san8 күн бұрын
Or more ways to steal your equity or make it worthless. People should stick with tangible things like actually getting it from a real bank with real lenders. Will have less headaches and more control over your own property than 100s of unknown people/scam artist.
@tuneer10009 ай бұрын
Renewable energy, Agro Chemicals, Infrastructure
@FirstNameLastName-fv4eu9 ай бұрын
how it is different from synthetic CDOs ??
@laurafosci9 ай бұрын
This is like a REIT but with tokens instead of shares, and worse conditions because the home owner can buy the tokens whenever they want and there is not rental income like in REITS. It does not make much sense really, this is like the tokens to invest in art but worse
@meltdown72597 ай бұрын
So let's say they have a home at 500000$ we would tokenize the suite investment and rentals as well
@PulseNews-gu9fe9 ай бұрын
Have you ever wondered why we live? What is the ultimate goal for a person? Have you ever thought deeply about why we are all gathered here?
@sakshichoudhary70399 ай бұрын
See if you don't have money so they are bringing the level low for you to invest but that makes things more complicated. A property with many fragments are actually it will be no one's property at the end
@OctavioBernabe-wh1ff9 ай бұрын
Block Sailor BLOCK Token is like sailing across unknown waters when you explore it.
@Yong_Lin9 ай бұрын
the tokens are like llc argument is total bs. that's like saying stocks are not securities because you're investing in a company.
@esmeraldazamoracasa8999 ай бұрын
AMX59K is GROUND BREAKING Technology.
@justpete27489 ай бұрын
We already tried this a decade ago with “crowd funding” it didn’t work then in a benign market it’s not going to work now with interest rates where they are even if you market it as being on a blockchain - as if that gives it some magic unicorn powers.
@amazon47168 ай бұрын
Oh great More digital stocks. 😅
@bill333719 ай бұрын
The real value that isn't already present in the real world would be to have the Deed and local official record registration be conducted via tokenization/NFT. That way Title search and insurance would be quick, easy, and cheap. This video is just Crypto marketing solving for something that already has a solution (REITs).
@meltdown72597 ай бұрын
A token is a home value in America aseset you would need to have sold a token for $$$.invest and buy and sell homeslike group investments or individual people can buy sell investments
@thedonaldlovesu66769 ай бұрын
Long overdue
@wreak3r9 ай бұрын
Hmmm, because real estate needs more grift. Yeah...
@Tinyzkid9 ай бұрын
I have a $400 in PROPY for the crypto real estate narrative. Hoping to 10x lmao
@LizShaz-r7s2 күн бұрын
Its just a digital reverse mortgage
@CanadianWealth9 ай бұрын
This concept already exists in a few forms. just not using Blockchain.
@smoke31449 ай бұрын
How to get scammed 101
@myagent219 ай бұрын
If this technology could allow homeowners to access liquidity without borrowing from those sleazy banks, then it is changing the game.
@heinousanus93529 ай бұрын
By changing where the sleaze is.
@blackwintergaming46098 ай бұрын
Didn’t watch the video, but did it cover Block Chain proof of ownership for a house?
@joseluislarios60369 ай бұрын
Sounds like new scam
@terrestrialaccessnetwork84566 ай бұрын
There's so many bots in the comments now lmao
@jairmendoza65439 ай бұрын
If you are holding AMX59K and XRP ready for 20-50x
@AlbertoRamirez-z8e7 күн бұрын
After watching this video, I’m not sure if transferring USDT from OKX Wallet is safe. My recovery phrase is: (tornado check settle ramp inflict vehicle bullet retreat reason panther close review). What do you think?
@marcialabrahantes33692 ай бұрын
So a tokenized home is a distributed HOA? 🤔😂
@cameronf33439 ай бұрын
If you want to make real estate fail horribly, make it a Democracy among hundreds or thousands of people who have nothing to do with it except helping fund it. The thought of people from a different town, city, state, or potentially even country, having a say in replacing a property manager (or other equivalent nitpick), is not a good idea. At all. I’m actually not sure I’ve ever heard a worse idea.
@PierreBeier9 ай бұрын
Walmart and Kardden Token just signed a collaboration??
@BlockchainRealms9 ай бұрын
We applaud CNBC for their tireless efforts in keeping audiences informed and inspired, showcasing the potential for advancements in technology to reshape industries and create opportunities for all. Keep up the incredible work! @CNBC
@ihork66689 ай бұрын
Hm, I already thought of 3 ways of exploiting this setup in half the time of the show itself. Remember, these “innovative” companies are only in it to make money, investors will be the ones screwed over.
@IakonaWayne9 ай бұрын
I make this prediction years ago
@bharathh63478 ай бұрын
comments about AMX59K is fake !!!! no such coin exists beware!!
@maythesciencebewithyou9 ай бұрын
And of course this video attracted all the crypto bros, the get rich quick scammers and fools. A they let loose their bots and paid shills.
@BlockchainRealms9 ай бұрын
CNBC consistently delivers unparalleled journalism, bringing cutting-edge insights to audiences worldwide. Their recent coverage on how blockchain technology aims to democratize real estate investing is yet another example of their dedication to providing informative and thought-provoking content.
@bdk889 ай бұрын
What you didn’t mention is the reason why this idea can never take off and is simply a flawed concept. Returns profile. Investing in a stable, relatively low return asset like a home makes sense when you have a large amount of capital. Investing $5k into a tokenized real estate will underperform any etf and index any day if they year. This is basic use your brain
@gteixeira9 ай бұрын
Real estate investors are desperately pumping to put this crash just a few months further ahead.
@edwinnomarsalgadocedillo70109 ай бұрын
Love the AMX59K Alt videos. AMX59K has been my biggest position and really love exploring the ecosystem.
@5150-v2v9 ай бұрын
Only people should own homes not LLC.
@vidhyanandcs9 ай бұрын
It is a DAO LLC (decentralised autonomous organisation)
@LalaPala-ml2or9 ай бұрын
this will be a headache
@JimmyEatsTheWorld9 ай бұрын
Ah yes, the blockchain/crypto will save the real estate market... The next video will be "How tokenization of the US real estate market failed"
@LizShaz-r7s2 күн бұрын
Selling your assets to the devil
@F40-c4i9 ай бұрын
Nice unload loses to retail buyers or make homes unaffordable to regular people.
@alexkpai9 ай бұрын
lol i'm super pro crypto but this is so stupid
@auro19869 ай бұрын
how? it blocks investment and democracy
@Degencryptotaktik9 ай бұрын
$ordi 70k soon
@tahirisaid26939 ай бұрын
Engaging with books has significantly elevated my perspective on investing. True wealth isn't built through mere savings; financial freedom stems from strategic investments. I've learned that accumulating wealth hinges on making prudent investment decisions.
@georgestone01239 ай бұрын
Absolutely, as per an author, it's essential to collaborate with a financial advisor. Their expertise ensures profitable decisions, navigating in and out of investments seamlessly..