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Tech entrepreneur and billionaire Mark Cuban expressed interest in a transformative crypto real estate project to integrate smart contracts and non-fungible tokens (NFTs) to facilitate construction and urban development. This development follows a proposal by Jason Calacanis, a serial entrepreneur, to build ten new cities across the US, each housing a million units. These cities are envisioned to redefine urban living with an emphasis on sustainability and affordability. Cuban’s vision for crypto-driven real estate Cuban took the conversation a step further. The billionaire investor’s proposal involves utilizing a blockchain -based smart contract that operates on a layer-2 scaling solution to ensure privacy and efficiency. So you are saying you will have written a smart contract on a ZK L2 which will check for a construction permit being issued , which in turn will create and send me an NFT that unlocks and delivers 250k in USDC when the oracle checks property and uti...

RealOpen is live, offering a new solution for buying real estate with crypto. In an exclusive press release shared with crypto.news, the project’s creators said the platform solves major problems for crypto owners looking to buy a home—sidestepping public exchange fees and withdrawal limits, flattening large trade slippage, and eliminating the struggle to find crypto-friendly sellers. This launch, observers note, may present an opportunity for crypto owners keen on venturing into real estate. The real estate sector, despite the evolution over the years, still ranks as one of the most solid investments, given the association of property ownership with financial security. A new horizon for real estate investment RealOpen allows crypto holders to invest in real estate globally without being restricted to crypto -friendly sellers or the tedious conversion through public exchanges. Clients are free to pick up opportunities in Abu Dhabi, California, the U.K. and more—the platform has...