Real Estate & Cryptocurrency with Matthew Sullivan of QuantmRE

Matthew Sullivan is the CEO and Founder of QuantmRE, a cryptocurrency startup that supports homeowners by helping them sell a fraction of the equity in their home without taking on more debt. A seasoned entrepreneur, Matthew has a proven track record in real estate innovation through his experiences as Co-Founder of the $50M Secured Real Estate Income Strategies Fund, and as Founder and President of Crowdventure.com, a real estate crowdfunding company.

 

Welcome!

 

[:] As mentioned above you’ve founded a startup that specializes in Real Estate & Crypto. First off can you talk about what a security token is in crypto?

● Securities are well understood as stocks, bonds etc.

● ICO’s appeared over the last few years and companies started making money off these as tokens. Companies were able to use these tokens as a means to create funding of working capital.

● Companies started using ICOs to avoid disclosures and protections offered by typical securities.

● Tokens allow a huge amount of liquidity

● Leverages benefits of blockchain and is governed by the SEC/other regulatory bodies

 

[:] In traditional housing, you’ll apply for a home loan from the bank and based on your credit profile and down payment the bank will lend you money. How is crypto disrupting this space?

● QuantmRE allows people to unlock the value of their homes without taking on more debt

● If you have equity in a home, you can get paid cash for the equity

● Ultimately it comes down to trust

● Fund structured as REIT

 

[:] What makes the transaction enforceable? What’s to stop me from “selling” a part of my home and then disappearing? Visa versa, for the investor how do I know what I’m investing in is real?

● Traditional mechanisms are used to enforce, Matthew’s team has been involved in Real Estate for many years

 

[:] Do you think we’re going to see a shift from traditional funding sources to crypto with respect to real estate? Who actually owns the title of the property?

● Separate crypto from blockchain, blockchain creates a layer of truth

● The home owner remains on title

 

 

[:] Value Link Round

Check out the Chain of Wealth podcast show notes pages! Tons of links and useful information

 

[:] What is your saving or retirement plan?

● Not Bitcoin!

● Matthew bets everything on his businesses

 

[:] Do you have any other books or podcasts you can recommend?

● Crypto the Wonderdog (Podcast)

● Reading the news- build up your knowledge over a period of time

 

[:] Favorite Quote?

● Success is not final, failure is not fatal: it is the courage to continue that counts.

 

[:] Parting piece of advice?

●The answer is right in front of you!