Pump and dump your house or Realities of Real Estate Token Investments

Real estate investment tokens are yet another bad idea from the people who brought you crypto embezzlement, pump-and-dump, and stupidly expensive jpegs of apes. It’s a technology solution searching for a problem and a bad solution all in one.

If you want to invest in real estate, you can buy shares in a REIT that’s on a regulated exchange. The REIT managers handle the property purchase, including due diligence and property upkeep, repairs, rent collection, and other management duties. The exchange provides…