Could you become a real estate investor with just $1?
That could be possible with Proof, a new real estate crowdfunding site that allows you to invest as little as $1 in a real estate deal.
Proof is a new trading platform that leverages cryptographically secure blockchain technology to facilitate peer-to-peer monetary transactions and real estate equity transfers. In other words, Proof allows investors to buy and sell small portions of real estate with cryptocurrency (i.e., digital currency) such as bitcoin and ethereum. This crypto-equity can be bought and sold on the Proof marketplace.
Think of it as buying and selling shares in a company listed on the London Stock Exchange. Instead of buying and selling shares in a company of their choice for a given amount of british pounds per share, investors buy and sell equity in a property of their choice for a given amount of cryptocurrency on the Proof exchange.
Is this the wave of the future? Find out as the Seoul Real Estate Investing Meetup invites Mike De'Shazer and Tai Kersten--the CEO and CTO of Proof--to speak about their latest venture that allows investors to buy real estate for as little as $1 via smart contracts on the blockchain.
If you're a passive investor attracted by investments like REITs or have considered crowdfunding in the past, then you won't want to miss this educational presentation.
But even if crowdfunding and cryptocurrency are not in your future, use the meetup as an opportunity to get to know other investors and professionals who share a passion for real estate investing.
Language: This event will be conducted in English.
Date/time: Wednesday, May 10 from 7 PM to 9 PM
- 19:00-19:30 Registration, networking
- 19:30-20:30 Presentation, question-and-answer session
- 20:30-21:00 Networking
Venue: This event will take place on the 6th floor of D.CAMP.
Directions: Go out of Seonjeongneung Station (선정릉역) Exit 4. Turn around 180 degrees and walk around the corner. You’ll walk past a café called BrownHaus Coffee on your right. Walk for a further 275 meters down the hill. D.CAMP will be on your right.
Participation fee: 10,000 KRW (payable in cash and on the door)