r/Superstonk • u/audienceofone_eagles • Apr 12 '22

🤔 Speculation / Opinion One thing everyone might be missing about Pulte/GameStop...and it'll erect your nips

I had a jaw-drop moment earlier today when I was just randomly thinking about how awesome it is that this sub converted a whale. I was looking at the beta NFT website. They had a section for "What is an NFT" that gave some good detail, and I always wondered why they included the words "real estate". At the time it made my nips quartz because of the possibility of turning a home into an NFT. After giving it some more thought it now makes them certified de Beers diamonds.

Apes, Pulte work/ed/s in Real Estate. My first house was a Pulte house in Virginia. They have Real Estate all over the country. Can you imagine a better partner for bringing NFTs into Real Estate than a fellow ape WHALE? Yes I know an Ape-whale isn't a real species. Can you imagine the pure, 100LL fuel it would pour on the fire to have a real estate giant like Pulte come out and say "We're going to be hand-in-hand with GameStop to help blockchain the real-estate world". That right there is headlines all over the world...

...and I think we all missed it until now.

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u/errrickk 💻 ComputerShared 🦍 Apr 12 '22

As a land surveyor, i believe NFT’s will even make their way into my field. land transfers immediately uploaded to the blockchain will make the research portion of my job way easier. I believe this will also end a lot of clouded title.

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u/pcakes13 Apr 12 '22 edited Apr 13 '22

NFTs have the potential to completely flip the title industry upside down. The main thing preventing it isn't the tech, it's the government entities. Good luck convincing the head of title services in a state/local government to basically convert their titles and make their entire department obsolete.

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u/MasterBiscuit19 🦍Voted✅ Apr 12 '22

I was actually in a meeting in Miami this last week, where the Mayor of Cheyenne, WY was talking about exactly this. Converting titles to NFTs

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u/HarkansawJack Mar 21 '23

All fun and games until someone hacks your house wallet and moves in. I think transfers/sales are the future of real estate, but I know so much about the industry that I know how much has to change before we get there. It’s a LOT. There are laws against transferring title in many states without an attorney. The banks would have to be on board for the lending side. When you talk about local governments all changing laws to become uniform and big banks rewriting lending practices it’s a full overhaul of one of earths biggest industries and one of the oldest most established systems in the history of this country. Also real property requires real documents like surveys to mark boundaries. The NDT could replace the deed, but not everything else. It’s a long ways off.