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✳️ dcposch on daimo pfp
✳️ dcposch on daimo
@dcposch.eth
Lots of projects (across startups, tradfi, & crypto) wanted to let people buy real estate in shares instead of whole buildings. David's brilliant and was in that arena trying things. Here's the best writeup about why it doesn't work, and what might work instead: https://twitter.com/0xdjma/status/1787829758493139009
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Alex Palmer pfp
Alex Palmer
@thatalexpalmer.eth
Thanks for sharing this. I still cant wrap my mind around why people don’t stop and think about such basic questions as “does it help anyone if a bunch of people own tiny chunks of real estate? What happens when they want to exit? Who’s on the buy side and why? What about disputes?”
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✳️ dcposch on daimo pfp
✳️ dcposch on daimo
@dcposch.eth
We did think about those questions. They're not obvious. "does it help anyone..." does it help anyone if a bunch of people own tiny chunks of Microsoft? etc and real estate liquidity ultimately *is* solveable. see second half of the post.
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