Transcriber.wiki
Transcription
1/65
This sectionLinkBookmarkComment

Hi, my name is Antito. This is CryptoKid Podcast. I'm going to be talking to you guys about blockchain technology and cryptocurrency. Welcome to CryptoKid Podcast. Today I have a special guest, a founder of a real estate vacation rental company. His name is Rui. So Rui, why don't you tell us how you got in the cryptocurrency, NFT, space, and how you're able to go with real estate

2/65
This sectionLinkBookmarkComment

vacation rentals? Sure, well, thanks for having me. It said it's a huge pleasure to be here. Yeah, well, we, me and the rest of the founders, we've been into Crypto for a while now. Actually, I think I was the latest one into it around 2019, I'd say. So we, I started on a high and we've been through some of times now, but we keep the enthusiasm.

3/65
This sectionLinkBookmarkComment

And we believe that the future of travel and real estate, it's all going to be through crypto. And everything OK? Yeah, sorry. No, I thought I lost that. Sorry. It's just disappeared for a second. Sorry about that. So, yeah. I really thought we lost connection. That's why I stopped. But as I was saying, yeah, we, we, we do believe that the future of travel and the

4/65
This sectionLinkBookmarkComment

future of real estate is going to be through crypto. So what we, what we want to do on our vision is to create a decentralized market for everyone to be able to do it. We're able to invest in property using crypto. And we believe that this is going to transform the whole industry. Because in if you look at the property investment, it's it's dominated by. Which

5/65
This sectionLinkBookmarkComment

institution on investors like hedge funds and usually they, they will only do. Big investments, which transform a location or a part of a location where this is this investment is. It's held and this not only closes the market to only institutional and big investors, but also it creates much bigger legal constructions. So we, what we want, what we do actually is we make smaller investments at

6/65
This sectionLinkBookmarkComment

a time. And we allow everyone to invest in the amount that they are able to invest. So we will invest in the market. In the property, say we're looking at a $5 million investment, we can, we will invest two, three, four million of this amount. And then we will open up the rest for. For smaller investors to come in and join us in the investment and

7/65
This sectionLinkBookmarkComment

profit from that investment. And we the way that we allow them to join us in this investment is by splitting the property in different NFTs. And so we have to, you know, we've got a lot of money. So each person can buy an NFT and they will be a partial owner, according to the NFT or NFTs that they have on each property. And what we do

8/65
This sectionLinkBookmarkComment

next is we put this property and the vacation rental market. And because we, myself and the rest of the funds, we have a. A lot of years and experience in travel, we are able to market our properties. For with great results actually. And this allows us to. Create awesome APIs for people who invested with us in each property. And so this is our vision. This is

9/65
This sectionLinkBookmarkComment

what we've been doing. That's amazing. That's amazing. Yeah. I'm. I'm glad that that you brought all that up. Now. I'm really big in the real estate. And I think like real estate is something that people should have for a long term investment. Like because it's always going to stay in and it's always going to stick. So that's really. Interesting how. How you're bringing up. And I

10/65
This sectionLinkBookmarkComment

think we're going to be a lot of money and NFTs into real estate. And I never, I never heard of it. So I believe you guys are the first in the game to do that. Am I correct? Yeah. Thanks. So I think we are. We haven't. Hurt. Many competitors so far. I mean, there's a lot of edge ones that invest in hospitality that know who we

11/65
This sectionLinkBookmarkComment

are in our aware of what we've been doing. And so, I mean, probably there's gonna, there's gonna show up some other. Some other. Some other. Some other. Some of the things that we're going to do. Some other people doing the same thing as we are. But what our competition so far is only through institutional investments. And even if you. If. If there's smaller companies doing what

12/65
This sectionLinkBookmarkComment

we do, they would always do like a fund. They would always work like a fund. They would collect the money. And then. After they have the money, they will invest in the. And then they will do all the management and hopefully by the end you'd have some profit. We do it the other way around. So we identify the property. We propose the. We do each deal

13/65
This sectionLinkBookmarkComment

separately. And after you have all the details of each project, you decide if you want to invest in a particular project or not. And once you invest, you also have a say on how things will. be managed. So our one of our big inspirations is actually maker. And our goal, hopefully not too long down the line, but a little bit down the line is to go

14/65
This sectionLinkBookmarkComment

fully decentralized is to allow people to so every investor to. Have as important a word on the management of each project as we do. And even on what project to do next. But. And it's it's it's even each investment is decentralized. So you don't put all your eggs in one basket and then. The guy who's holding the basket goes out and invests. We do it the

15/65
This sectionLinkBookmarkComment

other way around. So we identify different projects. If you want to invest in project a not project B that's fine. If you want to invest in all of them that's fine as well, but you always have the final word on your investment. You don't put all your eggs in one basket. I'm a firm believer in that. So how is investing in vacation homes through NFTs and

16/65
This sectionLinkBookmarkComment

blockchain. Making a difference to the world of real estate and tourism. Yeah, this is this is a great question, but. It's. It really. Goes back to to to to to our vision. We want to. Make the market. Better by decentralizing it and by creating more opportunities. Say if a hedge fund wants to go to. Let's say South of Europe, South of Europe where the property market

17/65
This sectionLinkBookmarkComment

has been booming for the past few years. We if an institutional investor goes and wants to invest there, but an invest. Huge amount in a huge property like a resort or a hotel. And this will. The point of interest. Say it's the coast or the city center. So you're not going to be able to do a big investment there. Unless it's it's already pre existing one.

18/65
This sectionLinkBookmarkComment

And so you'll have to move away from the point of interest. And this. It makes that location lose part of its interest because it's not as characteristic. It's not. A local experience. It's the same experience you'd find anywhere where you have the space in the money to open a resort. So we want to be able to. Keep the local. Characteristics and the the local culture. In

19/65
This sectionLinkBookmarkComment

all the properties that we invest in and create this experience for everyone who visits that property. And this is the. We that we will eventually profit from that property. And by making small investments, we are creating more opportunities to invest on the better location and to create better better experiences for anyone who will become our client and who will be visiting this. This location. Amazing. Amazing.

20/65
This sectionLinkBookmarkComment

Yeah, I'm all about making more money. So. What are the key opportunities and challenges of investing in vacation home. Yeah, so this is. This is a great opportunity for you to be a partial owner and a property in London or in. Quetta, Zuerre in France or in Greece just in front of a beautiful beautiful beach. I mean, if you. If you are a small investor, it

21/65
This sectionLinkBookmarkComment

would take you. Years to be able to buy a property and then you have these locations and start profiting from that property. But by splitting each investment into different NFTs, you can start. We have as low investment opportunities as 0.5. So with with 0.5. If you could invest in a property in these high profile locations and. And profit from that investment and well, the truth is

22/65
This sectionLinkBookmarkComment

you'll be owner of a property in say downtown London. Or in front of the Colosseum in Rome or in a beautiful beach in Sardinia. So that this is one of the of the great opportunities that we are creating and. Because we are part of a group that's there's that is a leader in travel. We are able to identify in advance, which destinations will be coming up

23/65
This sectionLinkBookmarkComment

tourism wise. So we. The tourism market was growing consistently all the way through early 2020 and then because of the pandemic things sold down a bit. We have a clear vision that the market will. Be bigger than it was by the end of 19 by the end of 2019 by 2024. So we 2020 the market took a big hit. It's been growing ever since it's not

24/65
This sectionLinkBookmarkComment

as big as it was. And our prediction is that 2023 the market will not grow. It will be about the same. It will be about the same as it was in 2022. Especially because of the price hike that we are facing right now. So people are going to travel not so much as they would if the prices had at least been stable or. Even the crystal

25/65
This sectionLinkBookmarkComment

bit but by 2024 we we are already seeing signs that the market will grow and it will start. It will go. It will grow bigger than it was by the end of 2019. So. Because we can together with the airlines and major. Two operators identified the global trends in travel. We understand where what. We most wanted most on demand that destinations will be and we're able

26/65
This sectionLinkBookmarkComment

to invest in those locations and create the best. Return for everyone who invests with us. Wow. Wow. Yeah. You definitely can see the market climbing back up. I know a lot of people got nervous when the market started going down. But now it's encouraging to see that. That we're picking back up traction. So that's good to hear. How. How your wayway plans to transform the end

27/65
This sectionLinkBookmarkComment

of 2019. So. We are. We are. Crypto wise. We are still not back in crypto summer. So we still going through a bit of a crypto winter. I mean, just. The. The best few months were crazy. I'm sure everyone. I felt the pain a little bit from. Ft alumni and Ft X and all that. Just. Just this week we had a bit more bad. News that

28/65
This sectionLinkBookmarkComment

I think are still related to that. If you if you take a step back and look at the at the bigger picture. We understand that the market is still growing and. Even though. It. Sorry. It slowed for a bit. We are seeing signs that inflation is reducing. And. We'll eventually return to normal levels. And this means that the. The liquidity will come back to the market.

29/65
This sectionLinkBookmarkComment

And people will. Start investing more and more. And when. Usually when this happens. Crypto. All grows side by side with it. So and as it grows. Of course, we're going to see a little more a little bit more regulation, which is. I understand that is not what we are. What we desire when we go into crypto, but we have to accept that a little bit more

30/65
This sectionLinkBookmarkComment

regulation will be necessary for mass adoption. And when we get to mass adoption. We believe that. NFTs will be as common as the one dollar bill. I mean, in the future somewhere in the future, you're going to have your birthday certificate as an NFT. You're going to have your deed as an NFT. You're going to have as every transaction as an NFT. And everyone will have

31/65
This sectionLinkBookmarkComment

a crypto wallet. And all this information will be stored there. So we believe we are historically correct in making this move now. And start working with. The decentralized ownership and partial ownership through NFTs. And we have a very clear vision that the future is added this way as well. You're absolutely correct. Absolutely. And it's an edible. It's an edible on when this will eventually take over

32/65
This sectionLinkBookmarkComment

and have mass adoption. So what is the process of buying a vacation rental property and how. How you convert them into NFTs. Yeah. Well, as I said, each project is independent. So you're not investing in your way, way. As a fund, you're investing directly in each property that you want to invest. So. What we do is we identify the properties that we believe will turn out

33/65
This sectionLinkBookmarkComment

the best return for the investors. And we. We pitch the project to all our investors. So you get all the information about what the property is. Say it's a block of apartments. How many apartments are there? How many people does it. Does it take in? We give you information on the destination on the location saying this is a seasonal location where you can get. This amount

34/65
This sectionLinkBookmarkComment

this rate on peak season and you can get this rate on the lower season. And we tell you the invest how much the total investment is going to be. And then we will. Fractionize part of the investment into different NFTs. So we say we. It's a $5 million investment. We're going to. We're going to come in with. 3 million and we're going to open up 2

35/65
This sectionLinkBookmarkComment

million for smaller investors. And these 2 million are split into different NFTs of 0.5, usually 0.5 each. And you sign up for each project. Then then we create an allow list and allow list. And if depending on the number of interest in the project, we'll create a wait list as well. So you'll go in. And when. The mint that comes up, you just mint your NFT

36/65
This sectionLinkBookmarkComment

and your part and your partial owner of this property with us. And once that is concluded, we go in and we remodel the place and start marketing the place. We all the. The deadlines are set from before you make the investment. So you have all the information on your side. And then once the property. And then you get a market you get you have a. At

37/65
This sectionLinkBookmarkComment

least the 12.5 A.B.Y. on your NFTs and. Two years after the properties in the market, if. If you feel okay. I think this has run its course. And. I want my my back so I can invest somewhere else or. Sorry, I can exchange it for Bitcoin, whatever. You we offer to buy the NFTs back from you. Oh wow. Wow. So that's. That's that's um, that's promising.

38/65
This sectionLinkBookmarkComment

You throwing back and giving back for from people. And what are some of the advantages that customers can have with the business model and how you would see it grow. Well, I think the biggest advantage is. A safer way to build your crypto. We know that crypto right now is a very quick. We know that crypto right now is a very quick. A.B.U.M. and bus market.

39/65
This sectionLinkBookmarkComment

So you can go you can earn a lot of crypto very quickly, but you can lose a lot of crypto very quickly as well. And we've had a lot of different examples of that recently and fortunately. But. We have the increased security of having our crypto backed by real estate. Even if everything goes bust, we can always sell back the property and. Give back the money.

40/65
This sectionLinkBookmarkComment

To the investors. So worst case scenario you never lose money. If if it came down to it. And this is the the biggest advantage. And. Other than other than that. And one thing we also value a lot is transparency. So we are fully transparent. Every owner of every investor. In each property. Has all the information is we are always on touch. We're. We also always in

41/65
This sectionLinkBookmarkComment

touch with each investor and they always have a say on the way we manage the property on how we market it, how we communicate it. And so you it's not. It's not what's not centralized. So you you don't have to put your money there and hope it will. It will grow and someone else is making an investment with your it with your crypto and hopefully these

42/65
This sectionLinkBookmarkComment

guys are going to. Are going to be legit and are going to be fair with you. So you there's always a hundred percent transparency transparency and. The. The. You have the increased security of knowing that every investment is backed by crypto is backed by real estate. So your crypto is always secured because I mean and. Changing. The the the focus of the question a little bit

43/65
This sectionLinkBookmarkComment

now. Looking at real estate. We are actually at the bottom of the liquidity crisis. So looking at the market. The market has been growing like crazy up until the pandemic. We were seeing a huge. Appreciations in each property. Every every year every month. And we know that the market took a hit not as big as some other industries, but it also took a hit. But what

44/65
This sectionLinkBookmarkComment

we see now is the market is already bouncing back. So we've hit bottom and. The market is already bouncing back. So we know that the properties that we invested in in the past. Our already appreciating and we know that. The locations that we have in pipeline to keep investing in the future are going to start appreciating very, very, very soon. So it's it's a lot of

45/65
This sectionLinkBookmarkComment

money. So we've got to. It's it's it's it's the safer. The safer investment you could make and still have a nice yield on your crypto. Okay. So like what are the current trends in this market because I feel like the housing market is going down though. What do you have to think what do you have to say about that? Well, it depends on the locations. Some

46/65
This sectionLinkBookmarkComment

locations went down quicker than others and started bouncing back quicker than others. So it depends on where. Where you are on the on the curve. The global feel is that we've hit bottom. It's it's it's really related to. To to the inflation cycle as well. So inflation is still very high. So banks are central banks are still increasing interest rates and. So the banks are. Restricting

47/65
This sectionLinkBookmarkComment

loans to buy to buy new property and so this creates. The man problem for the market and this causes process to drop of it. But we do believe from what we've been seeing, especially from the Fed and the ECB and even the Bank of Japan. Even though the Bank of Japan is a little bit behind the ECB and the Fed. And in these. In these decisions

48/65
This sectionLinkBookmarkComment

what we see is. It's we are still at the bottom of the liquidity crisis, but we are. But from from here onwards, where it's the market is going to start growing again. So inflation is reducing it has been reducing for the past few weeks. It's it's still high. But it's not. It's it's not accelerating. It's slowing down and as it slows down the. There will come

49/65
This sectionLinkBookmarkComment

a point soon and I would say on the second quarter of 2023 where the interest rates will stop rising and will start decreasing and when this happens, the market will bounce back very quickly. Oh. Okay, okay. Thank you. This is on the. My pleasure. So this is on the real estate side and on the travel side as I was saying before. We do believe that the.

50/65
This sectionLinkBookmarkComment

The market won't grow like. Like it was growing last year bouncing back from the pandemic. It won't grow as fast this year because we've seen major price increases in especially in. Airfare. So travel is becoming much more expensive. This is. And there's going to be an adjustment. There's going to be a correction. So the market probably will won't grow. A significant amount in 2023. But by

51/65
This sectionLinkBookmarkComment

2024 the prediction is that the market will be growing much faster and it will be. If 2019 was the biggest year in travel up until then 2024 is going to be bigger than 2019, which hasn't been the case for 2020 2021 2021. And it won't be the case for 2023 but 2024 will be a big year for travel. And so for the. And the big year

52/65
This sectionLinkBookmarkComment

for travel means a big year for vacation rental market and the vacation rental market itself is a market that well, when N beer beer beer became a log took the hotel industry by by storm and there's there's been a lot of. Market that is roughly a hundred billion dollars big by now early 2023 is is very close to a hundred billion dollars. It's set to grow

53/65
This sectionLinkBookmarkComment

to twice as much in size in the next five years. So it's going to be a huge acceleration and vacation rental market, which means huge opportunities for investors as well. So how will blockchain hope transform the vacation rental economy. Yeah, well, once again, we every transaction that's on the blockchain is much more transparent. And I think there's I think vacation rental on the side of travel

54/65
This sectionLinkBookmarkComment

and crypto on the side of money are kindred spirits because people who love crypto love this added amount of freedom and people who love vacation rental also look. For a bit more freedom on their holidays. So if you travel to a hotel, sometimes you have dress codes, you have times to check in times to check out, you have times for breakfast and for lunch and for

55/65
This sectionLinkBookmarkComment

dinner and then you have rules to use the pool. And if you go and vacation and choose to stay at a vacation rental property, say an apartment, a villa, whatever. It's you play by your own your own rules. And well, as long as you don't trash the property. You play by your own rules. And you do whatever you want whenever you want. So this added freedom

56/65
This sectionLinkBookmarkComment

that you get is also I think one of the things that attracts people to crypto because you're done with all the fiat banks and their regulations and their fees and all that. So you start investing in crypto. So I think there's a natural inclination for people who love crypto to. Love vacation rental as well. And so and as we were saying before, as mass adoption comes

57/65
This sectionLinkBookmarkComment

into crypto. This this this will be the new. The new normal. So you will look at NFTs as the new normal and we do believe that your. In the future your boarding pass for an airplane is going to be an energy. So this we are taking a step in the right direction, looking at NFTs and blockchain to invest in crypto into manager vacation rental property. Okay,

58/65
This sectionLinkBookmarkComment

okay. So we're running short on time. Is there anything you felt like we didn't cover that you would want to give? And what do you want to do? And I'm going to do that. What's next for your wayway? Yeah, we are actually in the next couple of days. I think by tomorrow we will be releasing the our next project. It's a it's a block of apartments

59/65
This sectionLinkBookmarkComment

in the south of Europe. Right. In a very. Touristic area, very on the Mandaria, especially for the UK market. But actually the US market has been growing there. The US and the Brazilian market, but especially the US and the East Coast of US has been growing there exponentially. And more and more there are airlines making the connection between the US and this in this case is

60/65
This sectionLinkBookmarkComment

the south of Portugal. And so it's going to be it's going to be a great opportunity. It's it's a it's a block of 10 apartments. So facing the beach with with fantastic amenities all around. And it's going to be it's it's actually we it's actually a small investment. And it's going to it's going to be such a big opportunity. It's going to be awesome. I'm sure

61/65
This sectionLinkBookmarkComment

that everyone that comes in is going to love it. All right, looking forward to that looking forward for the happening. So how can people find you? Yeah, so just go on your wayway.com. And if you're interested, you can find it. If you're interested on getting the information and eventually becoming an investor, you can just subscribe. And we will forward you every information on each project. And

62/65
This sectionLinkBookmarkComment

if you have any questions, you can always go on our telegram channel that's also on your wayway.com. Just if you go to the bottom of the page, you'll find our telegram channel. Just go in there. And if you have any questions, we'll be happy to help. And all those links will also be in the description. And yeah, man, definitely thank you for taking the time. To

63/65
This sectionLinkBookmarkComment

come out on the podcast. It's been a pleasure. I know you're busy doing big things in the world. You're making a few dense in the universe. And let's get keep it going, man. Thank you very much. Man, it's been a pleasure. Thank you. All right. Take care. See you. See you. Bye. Bye. Did you know that podcasts are a great way to grow your personal and

64/65
This sectionLinkBookmarkComment

business brand voice? Here's a secret. We all want to feel connected to brands we buy from. What a better way to humanize a brand than through sharing your story on a podcast. Kidcaster is a podcast booking agency that specializes in developing real human connection through podcasts appearances. If you are an expert in your field, have a unique story to share. Or an interesting point of view

65/65
This sectionLinkBookmarkComment

is time to explore the world of podcasting with Kitcaster. You can expect a completely customized service from our staff of communication experts. Kidcaster is your secret weapon and podcasting for business. Your audience is waiting to hear. From you. Go to Kitcaster.com slash crypto kid to apply your special offer for friends of this podcast. The link will also be in the description down below. And happy podcasting.

Social actions (Like, Bookmark, Comment, Deeplink) land in Manage phase · Premiuum integration later

Founder Mr Rui Vasconcelos of YourWayWay Discuss V · Transcriber.wiki