Why the hell is Eminem involved with Ape NFTs?

[bnew]

Do you have a real life NFT example you can provide?

NFT Use Cases in Real Estate

Non-Fungible Tokens (NFTs) are changing how we think about asset ownership in the real world and in the digital world. NFTs—unique digital tokens stored on a blockchain ledger that represent ...

www.gravel2gavel.com

snippet:

NFTs in the Traditional Real Estate Industry

Real Property Ownership
NFTs can be used to represent ownership of real-world property. Currently, deeds serve this function and buyers employ title insurance companies, escrow holders and lawyers to authenticate deeds and search for encumbrances in public title records. NFTs can provide a way to potentially bypass trusted intermediaries because blockchains can verify ownership, identify title encumbrances and settle transactions more efficiently. In May 2021, Propy, a technology company active in this space, helped TechCrunch founder, Michael Arrington, list his apartment in Kiev, Ukraine, as a real estate-backed NFT. The property sold for over $93,000 and Propy touted this achievement as “the world’s first real estate NFT.” On April 12, 2022, Propy sold another property in Hyde Park, Tampa, as an NFT for $215,000.

Examples like this are likely to remain rare in the U.S. for some time because well-established laws and county land record offices do not recognize transfers of ownership with NFTs. The traditional real estate industry and its entrenched stakeholders will likely be slow to adopt this new technology.

Fractionalized Investments and Loyalty Programs
Real estate investments are capital intensive, so some entrepreneurs have turned to NFTs and digital coins to raise funds for their projects. In 2018, the St. Regis Aspen Resort sold an 18.9% ownership stake in the hotel through token sales of “Aspen Coins.” Investors could buy coins with U.S. dollars, bitcoin or ether. Omni-Psi, a real estate investment startup, raises funds from investors to buy properties by issuing ORT tokens. Revenue is distributed to token holders pro rata on an ongoing basis. Lofty AI is a technology startup that has created an online marketplace in which anyone can invest as little as $50 to buy a digital token equivalent to a stake in a single-property rental business. Each token represents a share of ownership in a Delaware limited liability company. Other platforms use art NFTs to attract interest in their real estate offerings. OXO Living, an Indonesian boutique developer, sold NFTs that “represented” the physical homes they were selling in Bali. The owner of a home had a right of first refusal on the NFT that was associated with his or her home. Anyone who had a crypto wallet could make an offer on an NFT. On a smaller scale, homeowners in need of liquidity can use platforms like Vesta Equity to raise equity from their homes by issuing tokens that represent fractional ownership interests.

Loyalty programs are also utilizing this technology. Marriott Bonvoy, the hotel chain’s rewards program, conducted a lottery at Art Basel, Miami, in which NFTs were distributed to three winners. Each winner was also awarded 200,000 loyalty points. AMC Theatres awarded around 86,000 NFTs to select loyalty members during the launch of the new Spiderman movie No Way Home.

 

[Pool_Shark]

Didn’t we just have a thread explaining how racist these Ape NFTs are???

 

[BulletProof]

Wouldnt be surprised if Snoop talked him into it when they had their phonecall to squash their "beef."

Wouldnt be surprised at all.

 

[bnew]

Robbie Ferguson is the Co-Founder and president at Immutable

Spoiler: related tweets

 

[⭐⭐⭐⭐⭐]

Bruh is rich
He never has to work again

And apparently is reclusive and hates jumping on social norms or trends


So …. Why?

Because it is likely associated with someone he owes favors to

 

[Formerly Black Trash]

And apparently is reclusive and hates jumping on social norms or trends


So …. Why?

Because it is likely associated with someone he owes favors to

I saw a link online that said snoop told him about it
So I guess whatever poster said that in here was right

 

[African Peasant]

He's paid to promote these scamming programs.

 

[Tetris v2.0]

And apparently is reclusive and hates jumping on social norms or trends


So …. Why?

Because it is likely associated with someone he owes favors to

Em seems like someone who is still a corporate lapdog at the end of the day. His personal approach is that of someone who just wants to rap for the sport of it, but he's also been glued to Paul and Interscope and follows a very A-list formula in terms of how he moves. He's industry as hell with his business moves but seems down to earth in his personal life

 

[null]

Robbie Ferguson is the Co-Founder and president at Immutable

Spoiler: related tweets

how did that go?

are we 50% of the way to everything being tokenized?