Origin Protocol co-founders Matthew Liu and Josh Fraser gave insight into the technology, how it can impact real estate, and why investors should be paying attention to it. Shortly after its raise, Roofstock launched its subsidiary Roofstock onChain in partnership with Origin Protocol to disrupt the real estate industry via on-chain transactions represented as NFTs.

Roofstock raised its Series E round this year for $1.9 billion, led by SoftBank. Clearly, real estate that leverages non-fungible tokens gets its value from the real estate itself, not the NFT. Digital collectibles in the form of profile pictures are the most prevalent NFTs today, but the technology can represent assets in any industry––from real estate to auto loans. The nascent “NFT industry” crashed hard in 2022, but what many fail to realize is NFTs aren’t an industry itself. In partnership with Origin Story, Origin Protocol’s NFT marketplace product, Roofstock onChain launched its NFT marketplace for physical real estate earlier this month. Real estate technology company Roofstock aims to do just that, launching a marketplace for physical real estate NFTs that cuts sellers’ fees by over 50% when compared to traditional standards. The $11 trillion real estate market remains a much talked about industry for streamlining access, reducing transaction friction, and democratizing ownership.

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