As a Web3 Investment bank, Balcony DAO provides crypto financing solutions for real-world assets. Balcony DAO merges real estate and crypto to create web3 enhanced assets. In this presentation, John Belitsky talks about Balcony DAO, and how they are bringing real-world assets on-chain as NFTs. Balcony allows people to trade real estate assets as NFTs, reinventing the real estate industry. Each property operates as its own sub-DAO, and each has protocols for governance, voting, who the management company is, etc., giving equal power to the tenants and the proprietor. He also touches on the importance of community, and how the community is essential for Balcony to function. You’ll learn about why they made the choice to put real estate on-chain and how they developed tokens that can support the amount of data that a real estate asset holds. Additionally, John shows the different assets they plan to start with and explains the process of trading them.
John Belitsky is a CoFounder of Balcony DAO, CRE investment, leasing and management expert. He is a middle-market M&A transaction specialist and has been a NYC commercial real estate broker since 1999. John has brokerage licenses in NY/NJ/MA/CT and is a proven entrepreneur with several successful startups.
This video was recorded at the Digital Assets and Securities Conference in Austin, Texas in May 2022. The Digital Assets AND Securities (DAAS) conference is an informative and integrative conference that brings together builders, issuers, investors, business and tech leaders, and anyone else involved in all things web3. Put together annually by Vertalo, the purpose of the conference is to connect and enable a stronger ecosystem to further the understanding of the intersection of digital assets and securities.
For more information about John Belitsky, please visit his LinkedIn, https://www.linkedin.com/in/johnbelitsky/
For more educational videos about the Digital Asset Securities ecosystem and its growing roster of participants, please visit https://www.vertalo.com/.