Podcast 71 [Bridged]- Parv Prabhakar

The first ever tokenized real estate property in Dubai was sold out in record time. Where next?

Join us as we speak with Parv, founder at Estate Protocol. In a nutshell, Estate Protocol facilitates fractional ownership in prime properties located in economically stable countries, providing people anywhere the benefits of co-ownership and diversifying their investments, all using cryptocurrencies.

Tune in to learn about how Estate Protocol managed to sell out their first tokenized real estate property, what and where they will be tokenizing next, how they will implement a point system in the near future, and much more. Enjoy!

Link to Estate Protocol’s Twitter page
👉🏻 https://twitter.com/EstateProtocol

Link to Estate Protocol’s website
👉🏻 https://www.estateprotocol.com/

Episode Breakdown

00:30 - Estate Protocol recently sold out the first ever tokenized real estate listing in Dubai, how did you manage to achieve this important milestone?

02:20 - Are you already in talks with partners and stakeholders that would enable users to utilise their tokenized real estate property as collateral to take on debt?

04:00 - How can Real Estate Investment Trusts (REITs) be effectively represented on-chain, and what user experience (UX) design principles should be implemented to enhance this experience for users?

05:30 - Following the news of Blackrock tokenizing its first fund on Ethereum, have you noticed a spike in investor and partner interest?

09:00 - How has it been to convince stakeholders from traditional finance to buy into the values of decentralization and sovereignty that underpin your vision and culture?

10:30 - Do you think that we will see a total convergence between TradFi and DeFi in the near future and, if so, how will this be achieved?

12:30 - How will on-chain solutions, such as Estate Protocol, provide viable options to tackle inflation?

14:00 - How do you envision traditional real estate market stakeholders adapting to stay competitive in the innovation wave your solution introduces?

17:00 - What was the size of the allocation that Estate Protocol filled for its first tokenized property listing in the UAE?

18:30 - What other properties are you looking to tokenize next?

20:30 - Where is Estate Protocol looking to tokenize real estate next?

23:00 - Will Estate Protocol tokenize real estate beyond apartments in the future?

24:00 - In the future, will it be possible for owners of private real estate to tokenize and fractionalize a specific portion of their property using Estate Protocol?

27:00 - How will co-owners of tokenized Estate Protocol properties be able to socialize, interact and come together going forward?

30:00 - How are you giving your tokenized real estate marketplace a new look?

32:00 - Is the idea to create a scalable version of the real estate marketplace at Estate Protocol from the onset or to improve upon it iteratively over time?

34:00 - What do you think is next for the tokenization of RWAs and what can users expect from 2024?