If You're Wondering How NatEstate (NEST) May Work, Here's How!

Hello Steemit Community!

If you're just now hearing about the NatEstate (NEST) experiment, the idea of coupling Realestate with Blockchain technology came from @frystikken and @picokernel and was incubated in the SteemSpeak Think Tank run by @frystikken.

I will let Nate provide you all with the specific details of the experiment, but if you find yourself wanting a little more insight on how it may be done the following diagram may help.

Generally speaking, this will work in five phases:

Phase 1- Assets will be issued and funds collected
Phase 2- Funds will be used for the purchase of the house
Phase 3- A development pipeline will be voted on by NEST owners
Phase 4- The house will be sold for at an appreciated value
Phase 5- Nate will use the cash value from selling the property to buy back tokens

This is a diagram outlining the concept and logistics with how this experiment may roll out.

Thanks You and Take Care,
McKenzie Gary