Yael Tamar: Blockchain Real Estate, Tokenization 101 and NFTs
Yael Tamar, CEO & Co-Founder, SolidBlock, a real estate tokenization company. Yael is a recognized leader in property tokenization and has a background that includes marketing, finance, trading, compliance and entrepreneurship in public and private companies. As an early mover in the blockchain space, Yael serves at the helm of FIBREE, Foundation for International Blockchain and Real Estate Expertise (the leading international network for exchanging knowledge in the real estate industry), and as a Founder of Women in Block. With over 100 blockchain speaking engagements and an educational podcast program, Yael is recognized as a top 20 Proptech Influencer, Top 25 Blockchain, and Crypto Speakers, and Top 100 Women in Blockchain. As a global executive based in Tel Aviv and NYC, Yael leads the SolidBlock team on the mission to lead real estate tokenization.
Yael earned her Bachelors and Masters in Economics from the City University of New York-Hunter College.
Conversation includes deep dives into:
1. Blockchain and it's place in real estate, transacting assets and currency
2. NFTs non-fungible token or asset (unique) and fungible (exchangeable)
3. What is a smart contract with the purchase of currency or an asset
4. NFT's to buy real estate. Fungible token used to back property.
5. Programming tokens which you create as a product and it's different from Bitcoin
6. Smart contract to build in rental income, buy a house to live in, title holders of NFT models
7. Loan models: stake currency in Bitcoin and use interest to buy house
8. Loans in the Defi space, buy security or non-fungible token, stake that and put in a wallet
9. Metaverse can be place to buy land in Decentraland and Sandbox for your business (advertising, games, experiences)
10. Florida Bitcoin and Blockchain conference, commercial property, group investment, time-share models, fractional investment
11. Investors can sell on an exchange, private offering that is tradable, limited partner
12. Defer taxes through IRAs and other ways to defer cryptocurrency.
13. SolidBlock, St. Regis, $18 million contract
14. Diversifying your assets, Yael in real estate in single family, financial engineering for pension funds, retail investor, commercial real estate.
15. Commercial properties in then US, environmental social governance, detox digital coin, zero impact hospitality
16. Energy waste, gas fees from minting NFTs with Ethereum, trading Bitcoin, buy low sell high, carbon footprint
17. Bank fees vs. minting fees, Bitcoin is wasteful but truly decentralized so we pay for that. Other currency like stable coins are lower and maybe closer to bank transaction fees.
18. Yael will research bank fees vs. stable coin fees vs. environmental bitcoin mining to come! Remedies too.
19. Web3 first rule is no one knows what Web3 is, but the general idea is that it's a new www that values on owning, investing, decentralized economy, metaverse investments, entertainment
20. Discounted Tokenization Course in show notes, apply promo code!
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