Discovering the Future of Real Estate: A Recap of the Blocksquare Meet-Up at UWA Web 3 Conference

After the 2nd International WEB3 Conference at the University of Western Australia, Blocksquare's first Perth Regional Hub Meet-Up showcased the future of real estate technology and RWA tokenization. Attendees got hands-on insights into the tokenization process, with a guided tour of Oceanpoint our DeFi platform.

A picture of Mitch Scott-Rogan

Discovering the Future of Real Estate: A Recap of the Blocksquare Meet-Up at UWA Web 3 Conference

The Blocksquare team and Perth Regional Hub Ambassadors recently attended the 2nd International WEB3 Conference at the University of Western Australia. This event highlighted advancements in blockchain technology and RWA tokenization to a diverse audience.

Following the conference, Blocksquare’s Perth Regional Hub hosted its first meet up at UWA UniClub on 22nd March 2024. Attendees had a unique opportunity to ask questions of the local Ambassadors and take a deeper dive into the tokenization of real-world assets.

Opened by Sophie Amat, with a market overview of RWA tokenization, the meet-up gave attendees a chance to see how asset tokenization is the way of the future!

What is the Blocksquare Regional Hub Program?

The Blocksquare Regional Hub Program consists of local teams of ambassadors dedicated to spreading awareness and building communities interested in learning more about real estate tokenization.

These hubs provide a network for those enthusiastic about blockchain and real estate, offering opportunities for active engagement. Additionally, our ambassadors are committed to assisting newcomers with their initial steps in asset tokenization, guiding them through the process step by step.

Are you interested in becoming part of the Blocksquare ambassador movement? Applications are now open, and active participants can earn generous BST rewards. For more information on what it means to be a Regional Hub Ambassador, please read the blog here.

Exploring the Tokenization of Real-World Assets

Mitch Scott-Rogan, Marketing & Communications Specialist at Blocksquare, presented a brief overview of what the tokenization of real-world assets entails. For the uninitiated, tokenization is the process of converting rights to an asset into a digital token on a blockchain.

He then presented the challenges and opportunities available in real estate tokenization and introduced Blocksquare and its role as a solution provider in asset tokenisation.

Tokenization promises to democratize investments in real estate by making them more accessible, liquid, and transparent. The session clarified how this emerging technology could reshape the landscape of real estate investment, making it clear that we're on the brink of a new era.

Panel Discussion: Real Experiences from the Forefront

The highlight was undoubtedly the panel discussion featuring users. Brandon Bartlett, the CEO of Orange Brick Road, highlighted how services such as Stormrake simplify the conversion process between fiat and cryptocurrency. Wayne Sweetman, who was the first property owner to utilize the tokenization protocol in Western Australia; Karoline Kolman, the Perth Regional Hub Chair; and Minnie Reynolds, Director of Tecstack, shared their real-world experiences.

This session provided attendees with the unique opportunity to hear directly from those pioneering this space.

Panellists shared their journeys, challenges, successes, and the potential they see in tokenized real estate, and self-governance offering invaluable insights into the practicalities and prospects of this new approach.

A Glimpse into the Future: Buying and Selling Property Tokens on Oceanpoint

Attendees were treated to a video by Makram Hani and Denis Petrovcic, on the Block-chat showcasing the process of buying and selling property tokens on Oceanpoint.

The demonstration clearly showed the simplicity, efficiency, and potential that tokenization brings to the table and how Oceanpoint represents the cutting-edge of real estate transactions in blockchain.

Revolutionizing Investments with Property Token Staking

Julia Buchholz, the CMO at Blocksquare, introduced attendees to property token staking on Blocksquare's Oceanpoint DeFi platform. This platform allows token holders to stake their property tokens, enabling a new dimension of earning potential through DeFi.

Staking represents a significant advancement in how investors can engage with and benefit from real estate investments by blending the security of traditional assets with the dynamic earning possibilities of decentralized finance. This opportunity to stake underscores Blocksquare's commitment to not only pioneering real estate tokenization but also ensuring that token holders have access to a broad spectrum of investment strategies.

Networking and Knowledge Sharing

Among the 30 attendees were notable entities, underscoring the meet-up's significance as a convergence point for key players in the blockchain and real estate sectors. It was a great opportunity for anyone looking to find out more information and network with those in the know.

Looking Ahead

The Blocksquare meet-up was a glimpse into the future of real estate, an industry ready for immense change through blockchain technology. Bringing CeFi and DeFi together, simplifying the process and increasing the opportunities for real estate investing.

As we continue to explore and expand the adoption of the concept of tokenization, such gatherings are crucial for fostering understanding, collaboration, and innovation. Blocksquare’s ground up community approach is at the forefront of these meetups!

We extend our heartfelt thanks to those who attended, our distinguished panellists, and the generous support from WAWEB3. Your engagement and insights are shaping the future of real estate investment.

For those intrigued by the promise of tokenized real estate, the journey has just begun, and Blocksquare remains committed to leading the charge into this new, exciting era.

Stay tuned for more updates and events as we continue to explore the limitless possibilities of blockchain and real estate.