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Vesta Equity To Launch Estate-Backed NFT Platform

Share on X icon · Published 4 years ago on February 16, 2022 · Mark Weaden

Vesta Equity was launched today, offering the world’s first peer-to-peer marketplace for real estate-backed NFT assets

Vesta Equity To Launch Estate-Backed NFT Platform

Vesta Equity was launched today, offering the world’s first peer-to-peer marketplace for real estate-backed NFT assets. The move comes during a strong period for the housing market, with investors looking for new ways to see a return on investments. 

The platform will allow homeowners to sell off a portion of their property outright, as a tokenized, fictionalised, NFT - which is packaged as a security. Vesta will launch on the Algorand (ALGO) network, as it is immune to forks, giving instant finality on sales.

Algorand Foundation is a Founding Member of the UNDP Blockchain Advisory Group
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Mark Weaden
Mark Weaden Contributor

Mark Weaden is a British researcher and crypto enthusiast, living in Barcelona. His work has been published on a variety of leading cryptocurrency sites.