Love this idea, even if I’m admittedly totally unfamiliar with how NFTs work in an ethical context (I always thought they were a Ponzi scheme lol sorry!). My building has already formed a tenants association where we’ve been building (no pun intended) out a sense of neighborly community and collective advocacy, so I can envision something like this. A few of us have already talked about dreaming of tenants buying the building and our elderly neighbors living there for free. I think one major barrier would be funding repairs, upkeep, necessary renovations in our 100-year-old building. We have a number of seniors on fixed income and a lot of younger people new to their careers. Wondering if that’s also where the NFT model could help. Either way, this is something radically different from our current model of housing-as-resource extraction and I love it.
I have a question. What are the ethical standards you would require of the investors? Do you have a list or description that you can share with us? Great ideas.
Love this idea, even if I’m admittedly totally unfamiliar with how NFTs work in an ethical context (I always thought they were a Ponzi scheme lol sorry!). My building has already formed a tenants association where we’ve been building (no pun intended) out a sense of neighborly community and collective advocacy, so I can envision something like this. A few of us have already talked about dreaming of tenants buying the building and our elderly neighbors living there for free. I think one major barrier would be funding repairs, upkeep, necessary renovations in our 100-year-old building. We have a number of seniors on fixed income and a lot of younger people new to their careers. Wondering if that’s also where the NFT model could help. Either way, this is something radically different from our current model of housing-as-resource extraction and I love it.
What a great idea!
I have a question. What are the ethical standards you would require of the investors? Do you have a list or description that you can share with us? Great ideas.