Revolutionizing Real Estate: Tokenization and the Future of Property Investment with CEO Michael Carpentier | Ep 758
Episode description
Vesta Equity's Co-founder and CEO, Michael Carpentier, joins Coruzant Technologies for the Digital Executive podcast. Michael shares his journey as an entrepreneurial business leader. With a background in building innovative, digitally focused companies, Carpentier's expertise spans across product development, digital marketing, and blockchain technology. He emphasizes persistence and learning from mistakes as key to career growth and success.
Vesta Equity, under Carpentier's leadership, is creating a novel home equity ecosystem for the Web 3.0 economy. The platform connects homeowners seeking to access their home equity with investors looking to add residential property to their portfolios without the hassles of full property ownership. By tokenizing home equity, Vesta Equity allows homeowners to sell a portion of their home's equity to investors, who in turn, gain a share in the property's value appreciation.
Carpentier also discusses the future expansion of Vesta Equity into income properties, focusing on vacation properties that offer both asset appreciation and income streams to investors. This model seeks to democratize wealth generation by offering transparent and accessible investment opportunities in real estate, leveraging blockchain technology for security and transparency.