Lumia和Polygon Labs已合作建立了世界上第一个加密房地产项目Lumia Towers

宣布后，Crypto.news有机会与Polygon Labs，Boris Spremo和Lumia CEO Kal Ali一起与企业和金融服务负责人进行问答。

Lumia and Polygon Labs have joined forces to create the world’s first crypto real-estate project—Lumia Towers. Following the announcement, crypto.news had the opportunity to conduct a Q&A with Head of Enterprise and Financial Services for Polygon Labs, Boris Spremo and Lumia CEO Kal Ali.

Lumia和Polygon Labs已联手创建了世界上第一个加密房地产项目-Lumia Towers。宣布后，Crypto.news有机会与Polygon Labs，Boris Spremo和Lumia CEO Kal Ali一起与企业和金融服务负责人进行问答。

Spanning over 50,000 square meters and located in the largest city in Turkey, Istanbul, the massive $220 million infrastructure is set to house 300 residential and commercial units and is poised to become a global crypto hub. According to Lumia CEO Kal Ali, the twin skyscrapers will be completed and fully tokenized by the second quarter of 2026.

跨越50,000平方米，位于伊斯坦布尔土耳其最大的城市，大量耗资2.2亿美元的基础设施将容纳300个住宅和商业单位，并有望成为全球加密枢纽。根据Lumia首席执行官Kal Ali的说法，双胞胎摩天大楼将在2026年第二季度完成并完全象征。

Ali said Lumia Towers will be the first large-scale project in the crypto space, adding that the project aims to revolutionize how people approach real-estate ownership. By using the tokenization model, they hope to make the real estate market more accessible, open and seamless for retail investors.

阿里说，Lumia Towers将是加密货币领域的第一个大型项目，并补充说，该项目旨在彻底改变人们如何接近房地产所有权。通过使用令牌化模型，他们希望使房地产市场对散户投资者的访问，开放和无缝。

According to data from Landshares, the current market value for tokenized real-world assets is around $187 billion. However, it is estimated to rise between $3.5 trillion in the bear-case scenario and $10 trillion in the bull case by 2030, reflecting a potential 50-fold growth. This explosive expansion is largely driven by ventures that attempt to fractionalize high-value assets through blockchain technology, making it possible for investors to own commercial and residential properties by buying tokens.

根据Landshares的数据，令牌现实世界资产的当前市场价值约为1870亿美元。但是，据估计，到2030年，在熊案的情况下，在熊案的情况下，它的增长在35万亿美元之间，反映了潜在的50倍增长。这种爆炸性的扩张在很大程度上是由试图通过区块链技术将高价值资产分数化的风险投资驱动的，这使得投资者有可能通过购买代币拥有商业和住宅物业。

However, despite the promise of democratizing real estate investment, challenges such as regulatory complexities, market liquidity issues, and the technological integration of physical assets with digital tokens still plague this fairly new model and could lead to potential risks down the line.

但是，尽管有望使房地产投资民主化，但法规复杂性，市场流动性问题以及物理资产与数字代币的技术融合等挑战仍然困扰着这种相当新的模型，并可能导致潜在的风险。

For instance, the actual liquidity of tokenized real estate would still depend on the development of active secondary markets. Without sufficient trading volume, investors may find it difficult to buy or sell real-estate ownership tokens, limiting the anticipated liquidity benefits. At the moment, the Lumia team has not provided an explanation on how this issue can be solved.

例如，令牌房地产的实际流动性仍然取决于活跃的二级市场的发展。没有足够的交易量，投资者可能会发现很难买卖房地产代币，从而限制了预期的流动性收益。目前，Lumia团队尚未提供有关如何解决此问题的解释。

In the past, other tokenization projects focused on existing buildings. In the U.S., Tokeninvest purchased a $740,000 in Longmont, Colorado and tokenized it, allowing third-party investors to directly supply 97% of the purchase capital.

过去，其他的令牌化项目集中在现有建筑物上。在美国，Tokeninvest在科罗拉多州的朗蒙特购买了740,000美元，并将其化为IT，使第三方投资者可以直接提供购买资本的97％。

Unlike previous prokects, Lumia Towers will become the first large-scale RWA real-estate project built by a web3 company.

与以前的原告不同，Lumia Towers将成为Web3公司建造的第一个大规模RWA房地产项目。

Head of Enterprise and Financial Services for Polygon (MATIC) Labs, Boris Spremo stated that real estate has always been one of the markets where the barriers to entry are “sky-high.”

鲍里斯·斯普雷莫（Boris Spremo）的企业和金融服务负责人（Matation）实验室（Matic）实验室表示，房地产一直是进入进入障碍的市场之一。

In the case of Turkey, where the Lumia Towers will be built, real estate prices have continued to rise. Analysts have predicted property prices in Turkey will increase by 10% to 15%. However, there is also a high appetite for real estate investors in the region. In January 2025, house sales in Turkey increased by 39.7% year-on-year, reaching 112,173 units—the second-highest January figure on record. Mortgage-backed sales also saw a rise of 182.8% compared to a year prior.

就土耳其而言，将建造Lumia塔，房地产价格继续上涨。分析师预测土耳其的房地产价格将上升10％，达到15％。但是，该地区的房地产投资者也有很高的胃口。 2025年1月，土耳其的房屋销售同比增长39.7％，达到112,173辆，这是1月份的第二高数字。与前一年相比，以抵押支持的销售额增长了182.8％。

According to Spremo, the project will be able to make real-estate ownership more affordable as RWA tokenization is able to take physical assets and “break them down to potentially $1 entry points through fractional ownership.” Though, how much each unit will cost will still depend on the property prices in the region, which has shown no signs of decreasing as of late.

根据Spremo的说法，由于RWA令牌化能够获得物理资产，并“通过分数所有权将其分解为1美元的入口点”，该项目将能够使房地产所有权更实惠。”但是，每个单位的成本仍将取决于该地区的房地产价格，这没有显示出截至最近下降的迹象。

How will ownership rights be distributed through the blockchain?

所有权将如何通过区块链分发？

Ali explained that ownership rights for the tokenized twin skyscrapers will be structured through Special Purpose Vehicles or SPVs, which will acquire the tokenized property. Shares of the SPVs will be minted on-chain in the form of ERC-20 tokens.

Ali解释说，将令牌化双胞胎摩天大楼的所有权将通过特殊用途的车辆或SPV进行结构，这将获得令牌化的财产。 SPV的股票将以ERC-20代币的形式在链上铸造。

“Token holders will have governance rights, allowing them to vote on decisions regarding the use of the property, such as whether to rent or sell,” said Ali.

阿里说：“令牌持有人将拥有治理权利，使他们能够就使用该财产的决定进行投票，例如出租还是出售。”

According to Ali, Lumia Towers tokens will be deployed on the Lumia Chain, granting easier access for retail investors. The tokens will also have access to DeFi protocols through the Lumia Stream and the Lumia Ecosystem.

根据Ali的说法，Lumia Towers代币将部署在Lumia链上，为散户投资者提供更轻松的访问权限。令牌还将通过Lumia流和Lumia生态系统访问DEFI协议。

Throughout the tokenization process, Polygon’s role is making sure that developers like Lumia can customize their blockchain for this specific-use case. Boris Spremo explained that Polygon is able to lower the cost of tokenizing ownership of a $220 million infrastructure without compromising security.

在整个令牌化过程中，多边形的角色是确保像Lumia这样的开发人员可以在此特定使用情况下自定义区块链。鲍里斯·斯普雷莫（Boris Spremo）解释说，多边形能够降低对2.2亿美元基础设施所有权的成本，而不会损害安全性。

“Polygon infrastructure specifically handles high-value applications where Ethereum alone is too expensive or too slow. When you are fractionalizing ownership of $220 million in real estate, you cannot have $50 transaction fees or wait 15 minutes for confirmation,” said Spremo.

“多边形基础架构专门处理仅以太坊太贵或太慢的高价值应用程序。当您将拥有2.2亿美元的房地产的所有权化时，您将无法获得50美元的交易费用或等待15分钟的确认。” Spremo说。

The hopefuls and pitfalls of real estate tokenization

房地产令牌化的希望和陷阱

Moving forward, Lumia CEO

前进，Lumia首席执行官