As the crypto realm begins to expand, the possibilities and use cases continue to grow at an astounding pace. If you looked at crypto ten years ago, you probably wouldn't have imagined that a person could buy a house with it. Yet today, this is becoming a 'normalized' reality as the crypto craze has entered into a new dimension - real estate. In the traditional sense of the word, an individual might want to invest in real estate property. In this process, they may encounter something called a mortgage lending service which makes it possible for people like you and me to invest in properties.
Historically, investments in the crypto world have solely focused on digital 'areas' such as Decentralized Autonomous Organizations (DAOs), blockchain projects, and crypto-focused retail sectors. The idea of a crypto mortgage lending service is currently being made into a reality after Milo, a crypto mortgage lending company, was able to get 17 million in financing for expanding their business - which will ultimately allow crypto investors to invest in real-world real estate. How cool is that? For some investors, that's like getting the gift you've always wanted on your birthday!
It's also a huge step for the crypto world because, with a digital asset you can get something physically "big" - something you can touch - REAL ESTATE! Virtual real estate has also become trendy in the past few years with digital spaces like Decentraland. You could purchase some special real estate such as a magical marble farm for thousands of dollars worth of Ethereum. But, some people like it real. Some people want to buy a space that they could actually set their foot on. And that can all be made possible through crypto mortgage services.
Crypto has gone a long way from simply being thought of as a passing fad to something that could soon be integrated into the very framework of our lives. There have been countless examples of the expanding use cases of crypto and real estate is another stone to the rising kingdom of the crypto realm. What are your thoughts on some of the other ways that crypto could be integrated into our everyday lives in the future?
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More exciting things to come! Stay tuned!
