Homes onChain with Geoffrey Thompson and Sanjay Raghavan

Published: Sept. 15, 2022, 11 a.m.

b"Today\\u2019s guests are Geoffrey Thompson, Roofstock\\u2019s Chief Blockchain Officer, and Sanjay Raghavan, Head of Web3 Initiatives at Roofstock. Roofstock is an online marketplace for investing in leased single-family rental homes in a transparent and low-friction way. The company provides its clients with research, analytics, and insights to evaluate and purchase independently certified properties at set prices. Roofstock onChain is building an Ethereum-based web3 platform to simplify how single-family residential properties are bought and sold radically. Geoff has nearly 15 years of experience in corporate and finance law; Geoff advises Roofstock on partnerships, product innovation, fundraising, deal structuring, real estate matters, securities law, international expansion, and all other legal and compliance matters. Sanjay currently works\\xa0as Head of web3 Initiatives at Roofstock. He was a part of Wharton School's Cypher Blockchain Accelerator Genesis Block cohort. We discuss various topics, including Roofstock, Real Estate Investing, tokenizing Real Estate, navigating regulation, the future of Real Estate, and much more. We began our discussion by focusing on the regulatory hurdles crypto companies need to overcome and why having legal counsel is very important to help navigate the legal and regulatory landscape. We discuss the backstory of Roofstock and why it went down the crypto and web3 rabbit hole. Our next conversation topic focused on how Rootstock creates a permissioned system on top of a permissionless infrastructure to comply with the regulation. We discuss how new users are onboarded to their Web3 real-estate platform using soul-bound NFTs. We discuss Roofstock\\u2019s mission to democratize access to real estate investing by removing the preexisting sources of prejudices that inhibit people from investing in real estate. We discuss how Roofstock ensures everything is legally compliant, from KYC\\u2019ing the buyers and sellers to providing the property accurately represented. We discuss the platform\\u2019s various features that users can use to screen and filter to find the homes they would like to invest in. We discuss Roofstock\\u2019s commitment to transparency and equal access to information. A fascinating topic we discussed was the second-order consequences of putting Real-Estate onChain, like what happens to title insurance and property insurance. Our conversation discusses the impact of increased liquidity on the Real-Estate Market. We discuss how home loans can be reimagined onChain and the positive consequences this can bring to society. We discuss the unique properties of the tokens that allow for more consumer protection than standard crypto tokens. We discuss the possibilities of collaboration and partnership opportunities that being a web3 native brings. Our final discussion topic centered around how Roofstock is committed to staying true to the Web3 principles and why they believe so strongly in the web3 ethos.\\n--\\nBingX is a crypto social trading exchange with over 3M users. BingX offers CFDs, futures, spot, derivatives, and copy trading services to more than 100 countries worldwide and connects users with expert traders on the platform in a safe, simple, and transparent way through social trading networks.\\nFor Charlie\\u2019s listeners only, register using this link for a 155 USDT Welcome Gift: https://untoldstories.link/bingx\\n--\\nThis podcast is powered by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at https://blockworks.co"