Blockchain Home Registry (BHR)
p/blockchain-home-registry-bhr
A web3 real estate platform to claim the NFT of your home
Zach
Blockchain Home Registry — A web3 real estate platform to claim the NFT of your home
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BHR allows homeowners to claim a verified NFT of their property, giving them access to a permanent, transferable, historical record of their home. New data is added to every home record through integrations with organizations across the real estate ecosystem.
Replies
Jon
Went to go mint the NFT and MetaMask is telling me the gas fees can’t be calculated and they are nearly 1.5ETH is that normal? Or is the network just jammed
Zach
@biggiephat Hey Jon, thanks for checking us out! We've optimized our smart contract for very low gas fees compared to most (around $10-25 USD / ~0.005 ETH), so it's possible that's a network issue. Please wait a couple minutes and try again. Alternatively, I've run into issues like that when I didn't have enough ETH in my wallet to cover the transaction cost and gas fees (more detail here - https://github.com/MetaMask/meta...) Please feel free to shoot me a note with any other questions (zach@toriihomes.com). Happy to jump on a call as well :)
Jon
@zach_gorman Thanks for the information. It was because I didn't have enough ETH in the wallet to cover the gas + minting fee. All is well and just purchased the NFT
Samantha August Allen ★★
This is AWESOME! We'll done, team.
James Rogers
@augustevrymonth thanks Samantha!! It's been a lot of hard work and we're really excited to finally get it out in the wild.
Peter Davis
Looks great guys, and the right team to make it happen!
Zach
@petedavisuk cheers Pete - really appreciate it!
Todd Miller
ReConsortia already does this for real estate and is sponsored by NAR through the NAR Reach. How is this different?
Zach
@todd_miller Hey Todd! ReConsortia looks interesting, but we can’t see past their home page, so we can't really speak to their actual product or progress beyond what’s there. That said, Blockchain Home Registry is being built as a collaborative standard, and we love to see innovation in the space from everyone, and that’s a big part of why we decided to build this. It looks they went through NAR Reach three years ago, so we hope that the NAR has been able to provide them great support. We're currently in discussions with many large organizations (title, lending, insurance, brokerage, etc.) to build BHR as the standard that works for everyone in the industry.
Nick Telson
Super interesting 🎉🎉💡💡
Zach
@nick_telson1 appreciate it, Nick!
James Rogers
Thanks @nick_telson1! We're glad you think so 😊
Karim Varela
Happy Torii customer and investor, and super excited about this product! I can't connect my Metamask wallet, however. It just spins on the connect wallet confirmation modal. :(
Zach
@karim_varela Hey Karim! Will shoot you a DM on twitter so we can get your wallet sorted - should be no problem :)
James Rogers
Thanks for the support @karim_varela! We'll also have support for Coinbase wallets within the next week if you want to try that. Lots of great new features in the roadmap 🚀🚀🚀
Andrew Webster
What a great idea! Proud to be an investor in these guys.
Zach
@andrew_webster2 Hey Andrew, thanks so much for your continued support!!
Zach
Hey Product Hunters! My name's Zach. I'm the co-founder of Torii Homes, a proptech startup on a mission to reinvent the real estate industry from first principles. We’ve spent five years building a profitable web2 product, I’m so proud of what our team has achieved so far. However during this time we’ve also come to appreciate how deeply broken and inefficient the real estate industry is, at a fundamental level. As a collaborative standard for organizing data, information, and transactions, web3 offers us the opportunity to redesign the real estate industry from the ground up. Today, we’re so excited to be making our Product Hunt and web3 debut now with Blockchain Home Registry (BHR). BHR is a platform that allows you to claim a verified NFT of a property you own, giving you access to a permanent, transferrable historical record of your home. New and rich data (ownership history, maintenance and renovation records, solar potential, etc.) is added to every property on BHR by integrating organizations across the real estate ecosystem, so you continue to learn more about your home over time. We believe that if you own your home, you should own its data too. There's an immense wealth of data related to your home that you must pay for and much of this data is completely inaccessible to homeowners. The real estate industry has always been highly fragmented and notoriously protectionist, often at homeowners’ expense. This needs to change and that’s why we’re building BHR. Homeowners on BHR will have total control over what data, if any, they want to share. If you want 100% of your data to be private, you can do that. Alternatively, you can choose to share and monetize your data with integrating organizations as well. Your BHR account and information is more secure than most banks. We've built a verification process to prove that you own your home, as well as crypto wallet and email verification - all of which are required in order to access your home’s records. Imagine a world where all of your home documents (deed, permits, building plans, title, mortgage info, etc) are easily accessible and useful. A world where all of the fixes and improvements that you invested in your home are accurately documented. A world where a solar company discounts your rooftop solar panel install or your lender refinances your mortgage automatically if rates drop. A world where appraisals happen instantaneously. A world where you can sell your home with the click of a button: you get offers with no contingencies because potential buyers can see everything about your home. That world is Blockchain Home Registry. We've been really interested in Web3 for quite some time and have loved seeing the space grow and mature in the last few years. Our belief is that BHR will bring immense utility to both homeowners and organizations within the real estate industry, providing a collaborative standard for all stakeholders, while ensuring that homeowners are kept at the center of it all. If you’re a homeowner, claim your home now (make sure to use the promo code 'PH25' for $25 off). If you don’t own a home or you’re outside of the US, we’d love your support by referring a friend, or leaving us product feedback/questions in the comments - anything is appreciated. Looking forward to sharing more! Cheers, Zach (co-founder & coo) ----- BHR website - https://bhr.fyi/ I'll continue to update this thread, but if you want the latest, follow us on Twitter - https://twitter.com/BlockchainHomeR
Zach
Hey everyone! It's been an incredible two weeks since our launch. The response and support we've gotten from the Product Hunt community has blown us away. One of the key pieces of feedback we've received was support for more types of crypto wallets, so I'm happy to report that we now support Coinbase wallets in addition to MetaMask ✅ We're also working on integrating a custodial wallet in the next couple of days, so you'll be able to easily claim the NFT of your home with a credit card - no cryptocurrency or crypto wallet required. We understand that there's still a considerable learning curve in web3 for people who are unfamiliar, so these new features should make it much easier. That said, we also want to continue to educate as many people as possible about the space, so if you have any questions please reach out or drop a comment below. More updates coming soon!
Zach
Hello all! I mentioned this in my last update, but a lot of users have told us that BHR is their first exposure to web3 (which is amazing). However, setting up a wallet and purchasing crypto remains a barrier to entry for many. We're all about making web3 easier, so now anyone interested in claiming their home can do so with a credit card. All homes claimed via credit card will be held in our custodial wallet by default, but we can easily transfer the NFT to your Coinbase on MetaMask wallet if you prefer. Thanks for your support, more to come!
Lauren Locks
So so excited about this idea! Really great work - can't wait to see how this reshapes homeownership 🚀🚀🚀
Zach
@lauren_locks appreciate it, lauren - we're so pumped :)
Matt Hunsucker
I registered my house yesterday in 3 minutes. Super easy and can't wait to follow the progress. Great idea! Next: replace title insurance please.
Zach
@mhunsucker amazing - thank you so much 🙏 🙏
James Rogers
@mhunsucker thanks so much for trying it out!
Ale Cher
this is pretty awesome!
Zach
@chervon_al thanks so much :)
James Rogers
@chervon_al appreciate it! We're excited to share it with everyone.
Alex Allan
Glad to see this use case come to life! Would love to connect - I'm with Alchemy!
Zach
@alex_allan1 Appreciate it Allen - will connect with you on LinkedIn :)
Ann Tran
Game changing idea! Really excited to see where this goes. :)
Zach
@ann_tran51 thanks for giving us a look!
Samantha
Amazing! So easy to use. Excited to now have full access and ownership to my property data. Well done!
Zach
@samantha_robles Thanks Sam - appreciate the support 💪💪💪
Graham Sullivan
This is awesome. Very innovative. Great job team!
Zach
@graham_sullivan thanks Graham 🙌🙌
Bobby Sullivan
This is a great tool. Keep up the great work!!!
Zach
@bobby_sullivan we're on it :) thanks so much Bobby!
Jai Thakur
Hi Zach, Thanks for sharing your product with me. This is a great concept to bring in web2 use cases to web3. All the best.
Zach
@jaithakur of course, we appreciate you taking a look Jai!