Tuesday Jul 09, 2024

Tokenization and Decentralized Real Estate Ownership (Jerry Chu)

The Froggy Five Episode #009: Jerry Chu, CEO of Lofty, explains their unique real estate platform where properties are tokenized using DAO LLCs, blending traditional LLCs with blockchain-managed smart contracts. This structure allows fractional ownership of properties through tokens, enabling investors to participate in property management and decision-making via a governance system. Lofty does not own any assets but operates as a marketplace where property owners can list independently. Initially leveraging AI for property selection, they transitioned to a fully open marketplace model focused on transparency and accessibility in real estate investment.

Lofty: https://www.lofty.ai/

 

Froggy Companies: https://froggycompanies.com/

 

Listen to the full episode now:

YouTube: https://youtu.be/zNvnJIgx_gY?feature=shared 

Spotify: https://podcasters.spotify.com/pod/show/froggy-companies/episodes/The-Froggy-Five-9-Jerry-Chu-Lofty-e2lite1 

Podbean: https://FroggyFive.podbean.com/e/the-froggy-five-9-jerry-chu-lofty-ai/

 

#realestate #realestateinvestment #realestateinvesting #blockchain

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