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Transparant and Democratic Blockchain Technology for Real-Estate1-10 Employees
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Transparant and Democratic Blockchain Technology for Real-Estate
To address these very issues, the Block Foundation initiates the Meta-Estate Lab
to question existing practices. This lab hosts activities through which stakeholders
in project development become aligned, to formulate new scenarios for spatial
planning. Applications developed in the lab create mechanisms that foster an
equilibrium through design. Based on reverse game-theory, these mechanisms
validate the creation of quality and the livelihood of people whilst navigating the
dynamics of the real-estate market. These mechanisms are effectuated in smartcontracts that can be tested and validated in sandbox environments. Rather than fatalistically taking "the market" as a naturalistic phenomenon, the highly granular cause and effect of such contracts can be understood by means of multi-agent simulations, at a massive scale. As such, the implications of market-design can be understood a priori. Market-design is at the core of future architecture and the Meta-Estate Lab its incubator.
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