MEY Network Cuts Through Red Tape—Property Goes NFT in Real Estate Tokenization Play
Forget paperwork and probate—MEY Network just dropped a blockchain grenade in the real estate sector. Their Property Token Offering (PTO) converts physical assets into tradeable NFTs, slicing through legacy ownership structures like a hot wallet through butter.
How it works: Each property gets fractionalized as a digital token, letting investors buy slices of buildings like they’re trading meme coins. The pitch? Liquidity for an illiquid market—and a chance to flip condos like bored apes.
The catch: Regulators haven’t blessed this DeFi-meets-REITs experiment yet. But when has that ever stopped crypto innovators? After all, what’s a housing bubble without some blockchain leverage?