Who is Jointer?
Jointer is a commercial real estate blockchain startup based in Silicon Valley, CA and Tel Aviv, Israel. Most recently they have been in the news for their silenced $1.5 Billion bid on the Chrysler Building in New York City. The Jointer team is led by Jude Regev, 3 successful exits, Lior Gal, 18 years IT experience, and Kyle White, ex-Trulian with blockchain experience.
Jointer’s esteemed advisors include Nobel Prize Winners, the previous Chairman of the SEC, the previous Vice Chairman of the NASDAQ, founder of Visa, the previous Chief Economist of the U.S. Department of State, and the CFO of Yahoo.
What is Tokenization?
Tokenization allows owners of assets to sell fractions of equity or income streams to investors on the blockchain. In return, owners receive needed capital by sourcing from a limited crowd since the tokens classify as securities. Currently, 3rd party asset tokenization solutions are expensive and still leave owners vulnerable to regulatory liability and high marketing costs.
Aside from the cost, other barriers such as regulatory risks and liquidity vulnerability leaves owners skeptical of the tokenization process. This produce can produce tokenized properties that owners were desperate to sell using a gimmick ending up on the blockchain rather than more lucrative assets utilizing the technology to benefit investors.
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