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.