Vesta Equity launches real estate-backed NFT platform on Algorand
Today marks the launch of Vesta Equity, a real estate investment company with a twist. The platform bills itself as the world’s first peer-to-peer marketplace for real estate-backed NFT assets. It allows homeowners who have bought their property outright to sell off a portion of it as a tokenized, fractionalised, NFT — which is packaged as a security. CEO Michael Carpentier, who began working on the concept a little over two years ago, says the advantage of the model is …