The traditional form of home buying and rental shopping consists of figuring out finances, physically touring countless houses, making an offer, applying for mortgages, inspecting the house, getting an appraisal, asking for repairs, and a final walkthrough. With VR becoming the new reality in real estate, it’s time to consider your options and implement this new program into your practice.
WAV Group has been entrenched in researching the NFT eco-system and has already initiated its first NFT project set to launch in Q1 2022. NFTs are tokens that allow you to own digital assets. In this example I am going to be talking about digital art NFTs that are owned on the blockchain. One of the most famous of all NFT projects is arguably Bored Ape Yacht Club
When real estate first encountered virtual currencies and blockchain, the immediate discussion turned to something like an immutable ledger and the disruption of the title industry - that is not happening anytime soon unless title companies adopt the technology and disrupt themselves. What is happening now - and happening in a big way ($27 Billion) - is virtual real estate in a space called the Metaverse; it is currently in its infancy.