Building the Future: How Web3 is Reshaping Real Estate Construction
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Step into the cutting-edge world of real estate innovation in the 34th episode of Colors of Web3 & Entrepreneurship! Lam explores the groundbreaking intersection of Web3 and construction management alongside industry pioneers Jonathon Chambless (Lv8r Labs) and Jay Smith (Accumulate Network).
Discover how blockchain technology is laying a new foundation for the real estate industry, from revolutionizing Building Information Modeling (BIM) to enhancing transparency and data integrity. Our guests unpack the challenges of adopting these transformative technologies and reveal the immense potential they hold for the future of construction.
Whether you're a blockchain enthusiast, a real estate professional, or simply curious about the next wave of digital innovation, this episode offers invaluable insights into the decentralized future of property development. Plus, get insider tips on how to dive into the thriving Web3 community and contribute to this technological revolution.
⌛ Timestamps
00:00:00 Episode trailer
00:00:21 Show and guests' introduction
00:02:30 How Jon got into Web3
00:05:15 Laying the foundation: Walkthrough of necessary background info in real estate construction
00:14:23 What Jon and Jay do for fun outside of work
00:17:42 Benefits of Web3 Technologies on construction industry
00:19:13 Deep dive into Lv8r Labs
00:28:38 Jay explains what Accumulate Network is and how the validation system works
00:33:13 How users of Lv8r Labs benefit from Accumulate & Inveniam
00:35:38 Users' journeys for finance professionals (fund manager) and project developers
00:38:17 What the users' journeys are like without Lv8r Labs' solution
00:46:14 Lv8r Labs allows users to trade on secondary markets
00:48:39 Where the liquidity for the secondary market comes from
00:52:30 How Jon sees that the future for construction industry will be multi-chain and multi-modal
00:56:03 How the tokenized tokens on Accumulate Network can be exported to other networks
01:02:52 Current stage of Lv8r Labs
01:04:18 Business models of Lv8r Labs
01:08:56 Challenges facing Lv8r Labs
01:10:50 Ranges of prices for Lv8r Labs' products
01:13:54 How Lv8r Labs' products are complementary to the Common Data Environment (CDE)
01:16:07 Future intersection between Web3 & real estate industry
01:19:27 How regulation is affecting Jon's and Jay's work
01:22:28 Advice for builders who want to start a Web3 company
01:25:24 Advice for people who want to break into Web3
01:27:02 Where to follow Jon and Jay
01:29:37 Final inspection: closing thoughts and next episode preview
Follow Jon, Jay and their companies:
Jon's company website: https://lv8rlabs.com/
Jon's LinkedIn: https://www.linkedin.com/in/jonathon-chambless/
Jay's company website: https://accumulatenetwork.io/
My social media:
Twitter/X: https://www.twitter.com/LamWeb3
LinkedIn: https://www.linkedin.com/in/lamweb3/
Website: https://lamtrinh.xyz
My latest article: https://lamweb3.substack.com/p/the-importance-of-decentralized-science
If you enjoy this episode, please subscribe to stay updated on our upcoming episodes with industry experts and innovators in the Web3 and Entrepreneurship spaces. Thank you for listening!
48 episodes