In this episode of the Block Fuel podcast, Avi interviews Kellen Grenier, co-founder and COO of Parcl. Parcl is a decentralized real estate trading platform that offers city indexes, allowing you to speculate on the price movements of real estate.
Key Points:
Kellen Grenier discusses his background in traditional finance and how he got involved in crypto.
Parcl Labs is a residential real estate data analytics aggregator that creates price feeds for real estate markets.
Parcl Labs is considered the clear benchmark for residential real estate prices in North America. The Parcl platform allows users to trade real estate prices through a Perpetuity Swap ( Perp) system.
Parcl Labs data is in real-time and can be used to track trends in the market.
Parcl Labs is currently not available to U.S. persons due to regulatory restrictions.