The real estate sector looks to reinvent itself through new technology

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After shaking things up in the art market, NFTs are now a force to be reckoned with in the World of real estate. On June 21, Artcurial will auction ten iconic buildings and locations in Cannes in the form of non-fungible tokens. Are we entering the era of property 2.0? This is the first time an auction house has put real estate up for sale in the form of NFTs. Artcurial has teamed up with the Cannes City Council and Cannes-based company Pertimm, which specializes in artificial intelligence, to model 10 of Cannes’ legendary sites in digital form. Among them are the Palais des Festivals et des C…

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