2025-12-30 12:21:21

A seasoned real estate developer in Shanghai who has developed eight properties recently had a new idea. Three months ago, he scoffed at "on-chain real estate," thinking it was just a fancy electronic certificate. But after spending three days and nights studying the valuation logic of a certain oracle project, his attitude completely changed.

Why are traditional property valuations unreliable? This businessman gave a brutally honest answer. The old approach to evaluating a building mainly relied on a few outdated data points—location, school district, and last year's transaction prices in the same community. It sounds scientific, but in reality, it’s just a patchwork of historical records and personal experience.

He shared a real case: a 2023 office building in Lujiazui, with three independent appraisal companies giving prices that differed by up to 23%. Why such a discrepancy? Company A bet on subway planning (but who knows if it will be delayed), Company B still used pre-pandemic rental data (which is long outdated), and the boss of Company C has a good relationship with the owner, so their valuation naturally… you get the idea. "This isn’t valuation at all," he said. "It’s just storytelling with a calculator."

The new approach of on-chain oracle technology is different. Instead of simply feeding in a price number, it’s about equipping each building with a complete "vital signs monitoring system."

First, spatial computing data—satellite monitoring doesn’t lie. Not just "planned" subways, but real-time tracking of construction progress. Not "rumored" shopping malls, but heat maps visually showing the actual changes in foot traffic around the area. The growth rate of new energy charging stations, the flow of consumer spending data—all become quantifiable basis for evaluation.

This multi-dimensional, dynamic data input method transforms property valuation from a "storytelling contest" into a verifiable technical analysis. For the traditional real estate industry, this could mean a reallocation of pricing power.

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CryptoComedian

· 10h ago

Laughing out loud, even real estate developers are starting to study oracles. Is this the rhythm of the crypto world trying to reverse-invade the real estate industry? The three traditional appraisal companies are off by 23%... what's going on, is this a contest to see whose story is the most convincing? Satellite monitoring doesn't lie, but trading counterparts do. In the end, it's all about who can negotiate better based on their skills.

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ParallelChainMaxi

· 21h ago

Seller show vs Buyer show, traditional valuation is just at this level, no wonder everyone needs on-chain rescue.

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InscriptionGriller

· 21h ago

Satellite monitoring doesn't lie, but on-chain data can cut your leeks, brother. Who the hell can guarantee that oracles won't make mistakes?

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APY追逐者

· 21h ago

Hey, wait a minute. I need to think about how satellite data can monitor construction progress. --- Both oracles and on-chain solutions—can they really solve the relationship issues among the old guys? --- Real-time foot traffic data is indeed impressive, but who guarantees that the oracle itself isn't falsifying data? --- Turning from storytelling to technical analysis... sounds great, but what if the data itself is dirty? --- The Lujiazui case is indeed outrageous; a 23% price difference shows how deep the water is in this industry. --- I love the phrase "satellites don't lie." Finally, someone dares to say this about traditional assessments. --- Multi-dimensional data sounds good, but I'm just worried it will turn into a new black box. --- Estimating housing prices based on the growth rate of charging stations? That logic is a bit wild. --- Being able to change viewpoints after three days and three nights of research shows there's definitely something here. --- Reallocating pricing power—does this mean the middlemen are going to be cut?

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DiamondHands

· 21h ago

Hmm... Feeding satellite data into the system is indeed novel, but to be honest, it's still a data game; just telling a story from a different source. I believe in the Lujiazui approach, and the evaluation companies are indeed full of fluff. But I just want to ask—who will verify the data from the oracle? I've been hearing about on-chain real estate for three years. How many actual on-chain transactions are there? It's still a concept ahead of actual implementation. This guy's attitude changed too quickly; convinced in just three days and three nights? I find that a bit hard to believe... Satellite data, charging stations, crowd heat maps—sounds impressive, but ultimately, property prices are still determined by policies, right?

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DAOdreamer

· 21h ago

Wait, the 23% difference in Lujiazui? Doesn't that mean traditional valuation is basically a black box operation... On-chain data transparency really hits the mark.

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FadCatcher

· 21h ago

Wow, traditional real estate appraisal is just storytelling. Finally, someone has called it out. Can on-chain data really replace those appraisers? Or is it just another Web3 pipe dream? I remember the Lu Jiazhui case, the appraisal was off by 23%, hilarious. The logic of using oracles to monitor real estate is interesting, but who guarantees the authenticity of the data? Estimating property prices with satellites and heat maps sounds much more transparent than traditional methods, but I wonder how it will actually work in practice.

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