While real estate has been one of the most stable and profitable forms of investment for generations, it is now out of reach to most people due to upfront down payments and high-interest rates. With the advent of blockchain technology and cryptocurrencies, a new player has entered the scene: BonfireDAO The revolutionary fractionalized real estate investment protocol that is helping its members acquire generational wealth. In his New York office, Bosc put up three screens on which to display his NFTs, which include various pixelated characters and a Bored Ape bought for $125,000. “For us, it’s also a brand exercise,” Bosc said. Owning a valuable NFT and using it as a profile picture on social media is a way to establish “respectability, authority and influence” in the crypto sphere, he said.
