Monika Proffitt - Founder & CEO of Rise Housing
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 9 July 2018
⏱️ 22 minutes
🧾️ Download transcript
Summary
Rise Housing is a social impact company using cryptocurrency (RSE) to tokenize buildings. Rise Housing allows tenants and everyday investors to be able to buy equity in real estate, one token at a time, without any lending or interest rates involved. The platform creates liquidity for the current asset owners of large, multifamily buildings, without enduring the expense and wasted time of the traditional selling process.
A currency is only as strong as its circulation and what it is backed by, and our security token will not only be used by large real estate investors looking for a leaner way to liquidate, but we are positioned to be in the hands of otherwise disengaged tenants and small investors, creating high transaction volume in a new global asset class.
Transcript
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| 0:00.0 | Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.0 | Future Technologies is to transform our lives for better or worse or the focus of this podcast. |
| 0:13.0 | Almost here means these technologies are now here and starting to be used. |
| 0:17.0 | Or just around the corner, for Bitcoin to artificial intelligence, |
| 0:21.0 | 3D printing, blockchain, virtual reality, and more. |
| 0:25.0 | Hello everyone and welcome to Future Tech Podcast. I'm your host Julia Lamar and |
| 0:32.4 | joining us today is Monica Prophet, she is the |
| 0:36.2 | founder and CEO of Rise Housing. Welcome Monica, thank you for coming on the show. |
| 0:41.8 | Thank you so much for having me, Julia. |
| 0:44.0 | So I'm excited to hear all about what Ries Housing is. |
| 0:48.0 | So why don't you let me and the listeners in on what you guys are doing? |
| 0:51.0 | Rise Housing is a blockchain-enabled platform that connects people who can't afford or can't qualify |
| 0:58.7 | for lending to get access to |
| 1:04.1 | home owner and equity access. |
| 1:03.1 | They allows them to connect with people who are looking for liquidity |
| 1:07.0 | who own real estate assets and want to be able to pull |
| 1:10.8 | some of their equity out of their property without having to go back and get a home equity loan. |
| 1:15.2 | So ultimately it helps people connect directly to have equity access and liquidity access on both sides of that equation. |
| 1:22.2 | That's fantastic. |
| 1:23.0 | And you know, almost every day I hear people talking about how it's so difficult to get into |
| 1:29.7 | real estate and just becoming more and more difficult and even with finding credit for |
| 1:34.2 | credit cards and and just the simple things of that it's getting harder and harder. |
... |
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