Cryptocurrencies and Smart Contracts can help with the housing crisis (Mercury April 6th, 2022)
With the REversed BOND app. instead of the tenant forking out monies towards a Security Bond... The Landlord offers the opportunity for the tenant to invest in certain cryptocurrency -- in exchange of good behaviour and the sharing of the cryptos returns. Thus we are developing incentives tools with a better option to manage Long Term Rental Security BOND.
There is close to AUD$1 Billion locked away with Australian Bond Authorities. Whilst arguably necessary, because of lack of trust between landlords and tenants -- Smart Contracts can help with the trust issues, changing the current scenario in ways to benefit Tenants & Landlords' relationship whilst tapping in to new DeFi opportunities.
Along with a reversed BOND arrangement, tenants can create assets and help adding value to property via the metaverse. In return tenants receive tokens that can be invested on Strata Title NFT for property assets (under development) https://www.lookbeforeleap.com.au/IFCjs/Udemy/
These opportunities are all based on open source technologies and know-how. The knowledge and know-how are free -- the work, along with NFT assets are paid for at market value. Also check out www.metaversity.net.au
Point Cloud scan of the property
3D model from point cloud for the metaverse (the NFT repository for designs; fabrication files and Strata Title -- guaranteed by Smart Contracts & Trust Shares)
Point cloud conversion and development process
3D model updated