Search demand for the term "blockchain" has almost doubled over the last five years.

Meanwhile, "real estate investing" has seen a 31% increase. And searches for "virtual real estate" have surged in the last two years.

Use cases for blockchain in the real estate industry include disintermediation, fraud prevention, smart contracts, programmable money, and tokenization.

In 2021, blockchain real estate startups closed more than 30 funding rounds worth over $100M. This represented around 60% year-over-year growth in terms of capital raised.