idea was heard as being about raising funds or crowdfunding for many (10,000 ppl) buying property token, and having access to returns of property at low buy-in.
example: 10,000 investors at $1000 each for a $10,000,000 building with many 60 units
not everyone can live in building, and so those who get to live there (decided through an out-of-scope mechanism, not necessarily technical) โ these people get to slowly buy-out the tokens of the other investors, with modest dividends.
those investors get a return that they wouldn't normally have access to, but goal is eventual ownership of property by those living there
it's a token ecosystem
patcon: how did others understand this
crowdfund (all)
: not actually associated with that in his mind, but many ppl say
zeitgeist (?)
shared economy (?)
prat: The Entrpreneurial State: Debunking Public vs. Private Myths in Risk and Innovation (book)