How to win over a crowd of venture capitalists and entrepreneurs? Keep it simple.
That’s what Kyle White, Chief Make It Happen Officer at Jointer.io, said about the winning pitch he and CEO and Founder Jude Regev made at the 8th Annual CMU Summit on U.S.-China Innovation and Entrepreneurship. “We framed out the pitch by telling the story of how there is a major historical problem in the workspace industry: tenants only want to rent a desk, and landlords want to rent a large area, White said. “WeWork stepped in and solved this issue by providing the landlord with one check while providing tenants the ability to lease one desk.
“A similar problem has existed in the commercial real estate industry for more than 200 years. Investors want to diversity because of this, sponsors cannot receive one check and they have to do syndication to raise funds. Our Jointer tokenization model solves that problem.”
Jointer.io’s tokenization platform won the prestigious “Most Potential Award” in the New Venture Competition, which brings together leading entrepreneurs who pitch their ideas to top-tier angel investors and venture capitalists who serve as judges.
The Carnegie Mellon University U.S.-China Innovation and Entrepreneurship Association (CMU-IEA)) is a non-profit student organization that provides a two-sided platform connecting American and Chinese scholars and startups with leading entrepreneurs, venture capitalists, and industry leaders.
Unlike standard tokenization models, Jointer offers an end-to-end public tokenization platform that provides property owners with liquidity for their equity and also helps them instantly unlock their equity at zero cost. To make this concept scalable, an unlimited number of property owners can tokenize their properties at the same time. If reserve funds are available, tokenization takes place instantly.
This design allows an unlimited number of investors to lend unlimited funds by purchasing Jointer’s SAFEt tokens, which are backed with cross-collateral generating an interest rate pegged to the Global All REIT index.
Jointer’s success at the Summit was no surprise, considering Regev and his team beat out more than 4,000 start-ups to win the $1 Million top prize at the EDGE196 Global Competition last year. Regev immediately invested the funds into Jointer.io and Element Zero Network, a stablecoin platform that fell out of the Jointer concept.
At the conference, speaker ZhenFund, partner at Yusen Dai, urged attendees to take the harder path if it is the better path. David Weild, the former Vice Chairman of the NASDAQ and one of Jointer’s top advisors, believes Jointer is on that better path. “Jointer’s new tokenization approach presents a better solution that has the potential to disrupt the real estate industry.”