
The two Brooklyn-based companies Propellr and Fluidity partnered up to offer products and services for the creation, distribution, and transfer of digital securities. They claim that their method could depict a better alternative for the project and investors. Conventional security structures and issuance frameworks have not evolved in a long time. With the usage of blockchain technology, a transparent and trustless ecosystem can start to solve the information asymmetry that hinders the market’s potential for liquidity.
Maybe this method truly is paving the way for a new forefront in real estate development. As Stephen McKeon, a finance professor at University of Oregon, says: “One day you might be able to buy $10 of a single commercial real estate asset like the Empire State Building, or invest $100 in the development of a LEED-certified housing project.”
In collaboration with Unlocked, we explore the future of hybrid space and how the cultural sector and events industry can reap the benefits of this new urban frontier in the post-COVID city.
Learn more