> For the complete documentation index, see [llms.txt](https://plano.gitbook.io/plano-core/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://plano.gitbook.io/plano-core/whitepaper/context/opportunities.md).

# Opportunities

* How can an NFT legally confer property ownership online when legal transfer of a home generally involves slower processes such as the title transfer?
* How can a buyer purchasing a property on the blockchain guarantee the usual due diligence in order to protect themselves?

As such, fundamental questions exist, namely:

In short, a tokenized real estate NFT is currently little more than a gimmick.

As with buying property with any cryptocurrency, the old-fashioned deeds and recording process is the same. As such, buying an NFT of a property isn’t likely to mean much in the real world unless all the standard-issue paperwork, such as title transfers, is handled alongside the digital sale.

Answers to these questions will emerge with time and regulatory clarity over the next decade or so. Meanwhile, a number of players are carving out a niche for themselves in certain areas such as:

* **Tokenization** - Minting NFTs that represent secure ownership of a property
* **NFT Wallets and Custody** - Owner-managed applications that allow owners to safely store NFTs that they have purchased and custodial services to provide safe custody of digital assets to guard against loss or theft.
* **Allocation of Capital** - Crowdfunding solutions that utilize blockchain technologies to solicit and track participation and contribution.
* **OTC Markets** - Marketplaces for the sale of real estate NFTs specifically, or all NFTs more broadly.
* **Real Estate Sales** - NFTs and smart contracts to power parts of the sales process such as escrow, title and closing.
* **Defi / Yield** - Platforms to enable the collateralization of tokenized real estate assets so that owners can access liquidly in ways outside a traditional mortgage.
* **Oracles** - Data providers of real-world data such as real estate asset prices. Data is provided to smart contracts so that they can operate using the provided information.
* **Governance** - Decentralized Autonomous Organizations (DAOs) that create structures for participation and voting as well as the management and allocation of common funds.
* **Asset Management** - Property Management Systems that utilize blockchain technologies to track upkeep, repair and operational activities in a shareable and transparent fashion.
* **Insurance** - Services to insure assets.
* **Sharing/Rentals** - Decentralized sharing and rental platforms bringing together hosts and guests to funds for “tokenized nights”.

In addition to the above activities and players, a number of property development and/or investment groups have announced projects to allocate capital in the acquisition of a real estate portfolio or development of land, all of which they will govern on the blockchain.

Plano sees an opportunity to contribute to this ecosystem by bridging a number of niches that are either 1) currently underserved or that 2) can be used to create a network effect that propels growth in the Plano ecosystem.