Lumia和Polygon Labs已合作建立了世界上第一個加密房地產項目Lumia Towers

宣布後，Crypto.news有機會與Polygon Labs，Boris Spremo和Lumia CEO Kal Ali一起與企業和金融服務負責人進行問答。

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已聯手創建了世界上第一個加密房地產項目-Lumia Towers。宣布後，Crypto.news有機會與Polygon Labs，Boris Spremo和Lumia CEO Kal Ali一起與企業和金融服務負責人進行問答。

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，位於伊斯坦布爾土耳其最大的城市，大量耗資2.2億美元的基礎設施將容納300個住宅和商業單位，並有望成為全球加密樞紐。根據Lumia首席執行官Kal Ali的說法，雙胞胎摩天大樓將在2026年第二季度完成並完全象徵。

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.

阿里說，Lumia Towers將是加密貨幣領域的第一個大型項目，並補充說，該項目旨在徹底改變人們如何接近房地產所有權。通過使用令牌化模型，他們希望使房地產市場對散戶投資者的訪問，開放和無縫。

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.

根據Landshares的數據，令牌現實世界資產的當前市場價值約為1870億美元。但是，據估計，到2030年，在熊案的情況下，在熊案的情況下，它的增長在35萬億美元之間，反映了潛在的50倍增長。這種爆炸性的擴張在很大程度上是由試圖通過區塊鏈技術將高價值資產分數化的風險投資驅動的，這使得投資者有可能通過購買代幣擁有商業和住宅物業。

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，儘管有望使房地產投資民主化，但法規複雜性，市場流動性問題以及物理資產與數字代幣的技術融合等挑戰仍然困擾著這種相當新的模型，並可能導致潛在的風險。

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，令牌房地產的實際流動性仍然取決於活躍的二級市場的發展。沒有足夠的交易量，投資者可能會發現很難買賣房地產代幣，從而限制了預期的流動性收益。目前，Lumia團隊尚未提供有關如何解決此問題的解釋。

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.

過去，其他的令牌化項目集中在現有建築物上。在美國，Tokeninvest在科羅拉多州的朗蒙特購買了740,000美元，並將其化為IT，使第三方投資者可以直接提供購買資本的97％。

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

與以前的原告不同，Lumia Towers將成為Web3公司建造的第一個大規模RWA房地產項目。

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.”

鮑里斯·斯普雷莫（Boris Spremo）的企業和金融服務負責人（Matation）實驗室（Matic）實驗室表示，房地產一直是進入進入障礙的市場之一。

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，將建造Lumia塔，房地產價格繼續上漲。分析師預測土耳其的房地產價格將上升10％，達到15％。但是，該地區的房地產投資者也有很高的胃口。 2025年1月，土耳其的房屋銷售同比增長39.7％，達到112,173輛，這是1月份的第二高數字。與前一年相比，以抵押支持的銷售額增長了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.

根據Spremo的說法，由於RWA令牌化能夠獲得物理資產，並“通過分數所有權將其分解為1美元的入口點”，該項目將能夠使房地產所有權更實惠。”但是，每個單位的成本仍將取決於該地區的房地產價格，這沒有顯示出截至最近下降的跡象。

How will ownership rights be distributed through the blockchain?

所有權將如何通過區塊鏈分配？

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解釋說，將令牌化雙胞胎摩天大樓的所有權將通過特殊用途的車輛或SPV進行結構，這將獲得令牌化的財產。 SPV的股票將以ERC-20代幣的形式在鏈上鑄造。

“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.

阿里說：“令牌持有人將擁有治理權利，使他們能夠就使用該財產的決定進行投票，例如出租還是出售。”

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.

根據Ali的說法，Lumia Towers代幣將部署在Lumia鏈上，為散戶投資者提供更輕鬆的訪問權限。令牌還將通過Lumia流和Lumia生態系統訪問DEFI協議。

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.

在整個令牌化過程中，多邊形的角色是確保像Lumia這樣的開發人員可以在此特定使用情況下自定義區塊鏈。鮑里斯·斯普雷莫（Boris Spremo）解釋說，多邊形能夠降低對2.2億美元基礎設施所有權的成本，而不會損害安全性。

“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.

“多邊形基礎架構專門處理僅以太坊太貴或太慢的高價值應用程序。當您將擁有2.2億美元的房地產的所有權化時，您將無法獲得50美元的交易費用或等待15分鐘的確認。” Spremo說。

The hopefuls and pitfalls of real estate tokenization

房地產令牌化的希望和陷阱

Moving forward, Lumia CEO

前進，Lumia首席執行官