Hey $CRE.

I created this channel as a way to communicate my thoughts about our project. Please save it and set notifications to on. Feel free to discuss everything I say in here, in the main chat, that's the reason I am doing this. I realized that pinning messages in the main chat constantly, gets really cumbersome and messages get lost. I wanted to make a single place where you can see my messages and they don't get lost in the blur of the main chat.

Of course, as a disclaimer, please realize that not everything I say here, will come to fruition in our project. But I want to include you all on more of my thoughts in between announcements so you can have an idea where my head is at in regards to our amazing project. I think also, since i will be sharing more through this channel than i would in the main chat, it will give the community a chance to chime in on the ideas i present here. Maybe I say something here you really like, or something you really don't like, you can talk about it and maybe that decides which direction we go.

I want to include some of my random ideas here because sometimes they ignite discussion that eventually leads to an incredible plan.

Thank you all again, for allowing me, and accepting me, as your steward for this project. I really hope I live up to your expectations. I will give it my all, that I can promise you!

We have an amazing plan for the project. I truly believe that when we are successful in implementing this plan, that we will be untouchable in the crypto space, specifically #RWA.

The plans are very ambitious, that's for sure, but they are real solutions to real problems. If you look at any major company in the world, they did one MAIN thing well, and that's solve real problems. What we have here in front of us is an illiquid asset, which also happens to be the largest asset class in the world, Real Estate. Our aim here is to make those assets more liquid.

It's going to take a lot of work, and anyone in our community can help. If you know someone in the Real Estate industry, Mortgages, Escrow, Insurance, etc. in any part of the world (I'm sure we all know at least one) that could work with us to navigate the Real Estate intricacies on the ground - let us know! Likewise, if you know other projects that we can partner with or have AMAs with, send them to us. The success of CRE is going to be a community effort!

Thanks for being on this journey with us!

Good Morning CRE!

Im guessing at this point, most of you saw the twitter post yesterday, so I wanted to elaborate more on that for all of you.

As we mentioned before, we are going to build a suite of products that work hand-in-hand, starting with Home3. We envision Home3 to be the "Hub" of Real Estate on the blockchain, worldwide. But further, we want it to be a one-stop-shop where you can not only find a property, but you can initiate the process of buying, selling, renting, or offering for rent, a residential or commercial property, to include short-term rentals/airbnb style, though depending on development, the AirBnb style rentals may have to be their own app, maybe even rentals as a whole, but that is yet to be seen. That's the great thing about building an ecosystem, you can add platforms and link them all together, allowing for essentially limitless expansion of your offerings.

I want to be clear that this is going to be a long process, this is a big vision, but we anticipate that we can start generating revenue not very long after launch of the Home3 platform, which should keep us stable or growing while we work on the next platform in the Suite.

So, to dive in to what we envision a typical transaction to look like... let's say you are a crypto investor and you want to buy a second home in, let's pick a country, maybe Italy. You go on our platform and you enter in your specific requirements and also some other information like the type of neighborhood you want to live in, beach front, or not, mountains, maybe tourist area or suburban area or urban, do you like it to be walkable, have mass transit, etc. Our AI assistant would then take those specifications and show you properties that match.

So, you see a property that you like, you have a few options, you could opt in to use a real estate agent from our platform that will be vetted/verified, and you can either do a remote viewing of the property, or you can travel there if you prefer. In any case, we will be addressing one of the biggest problems in international real estate, which is knowing who to trust. In the US we have a very robust licensing and background system that does a good job of making sure that Real Estate Agents are safe to work with, but not every country employs that level of licensing. We will have a hierarchy of agents based on their trust level with us and require different levels of background investigation into them, depending on how they want to be viewed in our platform. As an aside, this also goes for professionals such as appraisers, property inspectors, etc, which i will be talking about in a minute.

At this point, you decide that you like the property and want to submit an offer. In most instances, this would require an agent to draft up a purchase offer and earnest deposit. You can opt to do that with an agent, or our system can do that for you. In either case, you can have the entire process take place in our platform, even if the agent creates the offer, it would go through our platform. You go through the offer, counteroffer/negotiation stage and decide to move forward, you sign the purchase offer/contract right in our platform and the purchase process starts.

At this point, you will need a property inspector ( highly advised ), an appraiser, a termite inspector, etc. All of which will be available in our platform and of which we will generate revenue from. Also, since we will be hosting the whole transaction process, the transaction fees/processing fees will become revenue, as will some level of referral fees (subject to jurisdiction laws), as well as closing/escrow/title insurance fees. We will be able to capture quite a lot of the fees that are normally part of the transaction. In addition, since our system will be automated to the highest extent possible, we can offer discounted fees. This all becomes revenue that is then shared with holders of CRE.

So you order those services on our platform. Those professionals do their work and submit those reports directly into our platform so that you and your agent can see them. I should say also, prior to these services being ordered, the Escrow process will start, which will be something we will either fully complete ourselves, or with the assistance of local escrow companies. This might be the hardest part of the process for us to do as a company given how much the laws differ by country and also, the quality of title records in each different country. But the aim here is to be the trusted company that gives buyers the confidence and trust they want/need in order to buy properties in countries that speak a different language than them and also are less developed/less regulated, we become their buffer.

During this time, we anticipate that you will be able to apply for a loan either traditionally or with crypto, and my intent is for us to function as the Broker for these loans. I was in the mortgage industry for quite a bit of time and this is where our project can make the most revenue. If we provide easy to obtain crypto loans, but also offer full financing services, our revenues could be incredibly big, so big that I can't imagine a number to put on that, but this is something we will be looking to do, heavily. Of course, law and regulations play a big part, but I understand the US market, so I know how we could do it here, at the very least. We will deploy a team of lawyers to work through those specifics in each country we offer the loans.

As well as that, we will offer the ability to pay in full for the property with crypto, but also, for the ability to crowd fund a property purchase via tokenization. And yet another pursuit of ours will be to allow investors to crowd fund mortgages/crypto loans via tokenization.

if you need a lawyer, or accountant, etc we will have those listings as well. Revenue will be generated by a. selling leads b. offering prime placement on our platform i.e. Featured Agent of the week, Featured lender, etc.

We want to have a hot markets feature that shows up on the front page that lets people know, hopefully via ai, where the best markets are to buy at the moment based on market conditions.

We also will be pursuing direct relationships with developers so that we can directly sell their properties to buyers and we will have a team of agents that work with us for that, allowing us to capture revenue from that as well.

I have to continue this a little later today, however i wanted to touch on this. We will be making sure that Home3 is chock full of listings from the very beginning, by employing APIs that let us directly connect to listing services in various countries. The US has a system called the MLS, literally every home for sale in the us except for those being sold by owner, are listed there. BUT here's a great part about what we are doing, we can also offer to those people who want to sell their home without a realtor, a very cheap option to list their property, and also for us to be able to list their property in the listing service of their country, which often times requires that they are working with an agent. Its a gate keeping type of thing, and we can help those wanting to go a different route, to do that and save money.

To be continued...

A question that was asked of me....
Are we anticipating an R.E.I.T.?
The answer... Yes!

In fact, during the building of our suite of products, we will be discussing funding raises for property purchases. We would be searching out income producing properties so that we can have the benefit of not only the appreciation of the value of the property, but also income that can be shared between investors. Due to the nature of crypto, I believe that we can have a very low barrier to entry in order to invest in Real Estate, a discussion I can have with all of you , and we as a community can decide what the minimum buy in should be to invest in a property. Since we can tokenize and fractionalize ownership, it really doesn't matter the size of the investment, you would just receive your share of the profit/equity based on your percentage of ownership of the property.