Real Estate Services Move On-Chain - Bankless Publishing

What if we could take a real estate property and divide it into many small pieces of ownership that can then be flexibly combined by individuals, just like we do with shares of corporations? That’s what’s behind the idea of tokenized real estate and web3 technology seems just about mature enough to make this a reality.

CitaDAO is ticking all of these boxes giving it potential to finally, successfully turn illiquid assets like homes, apartments and commercial buildings into 24/7 exchangeable DeFi assets that could enable a whole host of further innovation unimaginable to us today.

Although tokenized real estate has been in the making for quite some time, it looks like CitaDAO may have figured out how to pull it off, by combining yield farming opportunities with real estate tokens as collateral. CitaDAO intends to create a global portfolio of physical properties that is interoperable within the Ethereum ecosystem.