What do you think about tokenized commercial real estate? A new marketplace launched.
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[{"id": "g5cpb62", "text": "I come from the PE side of CRE. I think this will be a vehicle of offloading poor performing properties to people who don\u2019t know any better. Investing with a low barrier to entry is prime for abuse of the ignorant.", "replies": [{"id": "g5ct0lu", "text": "This is exactly it.", "replies": [], "depth": 2}], "depth": 1}, {"id": "g5cpec5", "text": "How is this different than buying shares in a REIT?", "replies": [{"id": "g5ct9zw", "text": "Of course it's slightly different, you can pick and choose which properties you want to invest in.  Other commenters have mentioned that there are a lot of potential hiccups, but even in a perfect world, with minimal transaction costs and no shady characters, I think I'd still buy REITs.  I'm don't want to conduct a meaningful amount of research into one building and buy some tiny amount. In order to justify the research, I'd need to put in an amount that probably precludes me from a good diversifying strategy.\n\nOr I could take advantage of a ton of pre-existing REIT research and buy into a pre-diversified REIT and adjust my allocations between pure plays and various strategies, which most REITs have so conveniently organized themselves into.\n\nThere will be people who make money investing on this, but you'll have to be incredibly good, or, more likely, just kind of good and pretty lucky.", "replies": [], "depth": 2}], "depth": 1}, {"id": "g5cpfsv", "text": "Real estate is already an illiquid investment.  Why make it even less liquid by adding tokens to the investment process?", "replies": [], "depth": 1}, {"id": "g5cs4y2", "text": "So the company packaging the deals and selling you the token is also the marketplace for said tokens and management of the underlying property?  Sounds like a lot of opportunities for returns to slip into someone else's pockets.", "replies": [], "depth": 1}]