If you follow our medium page closely, you will know that we dedicate our time to explain to you, our readers, how the combination of Real Estate and NFTs, non-fungible tokens, have come together to make investing in the Real Estate more accessible, and how to take the first steps to go about this new reality.

Today we will talk a bit more about the importance of understanding NFTs, as they will take on a big part of our future, and how NFTs and smart contracts will most definitely change the real estate investing landscape forever. From a traditional mindset, the majority of the population still finds it difficult to tie together conceptually, NFTs and cryptocurrencies together with Real Estate, stocks and bonds. The fact that these two concepts overlap, and that they are starting to merge, may seem like an unfathomable concept for many. However, we know how rapidly technology can change things, and how quickly people can adapt to new ideas and realities. In this article we argue that cryptocurrencies will become essential to how we invest in the future, and that NFTs will inescapably become an integral part of the Real Estate landscape. To make it clear, we are not talking about the Metaverse here. We are simply discussing how NFTs will start to interact with Real Estate, and why everybody should be prepared for this. After all, it’s better to be prepared, than be out of the loop.

So what is a smart contract? And how important is the blockchain, and what is the whole principle of it? We’ve explained the blockchain and its importance before, but to summarize again briefly: Blockchain backing verifies the authenticity and ownership of each original plot in a real estate transaction. The ‘Blockchain’ technology basically refers to a system of recording information in a way that makes it impossible to change or cheat the system — making real estate transactions, such as the ones utilized in real estate, very secure. This method of automatic authentication means that customers can make safe investments which are quick and easy, without the multiple other third parties that usually accompany both the transaction and the authentication process, such as the government, and realtors/estate agents. Because of these advantages, we believe that inevitably, the future of Real Estate investment will be tied very closely with NFTs.

Many potential customers ask the following: “What are NFT’s?”, “How will NFT’s and Smart Contracts be used in real-estate?” and “Should I make the jump?”.

The way that these transactions happen are not drastically different to now, other than an NFT or a smart contract is now tied to your piece of real estate property. The difference is simple: all of this is happening on the blockchain, which means no more waiting for the bank, waiting for the realtor, or waiting for a title company. The thought of cutting out all of these third parties is understandably terrifying for many first time potential customers, but once they experience the advantages of smart contracts, it’s difficult to ignore the benefits.

While it is easy to doubt and dismiss a new reality you feel uncomfortable with, the truth is that Real Estate may not stay as it is forever. It is looking increasingly likely that these investments will, in the future, be more and more located in the NFT sphere, due to the aforementioned advantages of blockchain transactions, and the potential value that they hold. Whether or not you’re ready to take the leap, NFT Real Estate is something that’s worth researching, and putting time into. If you’re a real estate inventor, a homeowner or in business, it’s something worth knowing about, due to the value it holds. That’s why we should all consider whether this will be important to us in the future — and if it is, we should all start researching now: there is a real possibility that NFT and crypto will have a big role in the future of real estate.