Home » Jointer Wins “Most Promising” at Venture Competition: Tokenization Platform Captures Investors’ Attention
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Jointer Wins “Most Promising” at Venture Competition: Tokenization Platform Captures Investors’ Attention

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Once again, Jointer.io’s tokenization platform is turning heads. And it’s definitely with the right crowd at the 8th Annual CMU Summit on U.S. – China Innovation and Entrepreneurship held Friday in Pittsburgh.

Jointer 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.

Jointer Founder and CEO Jude Regev, and Kyle White, Chief Make-It-Happen Officer made the presentation, drawing comparisons to billion dollar companies.

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“Our approach was simple,” White said.  “We framed out 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.  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.”

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.”

About the author

Shane Watson

Shane Watson

Shane is a cryptocurrency journalist and an ICO writing consultant at The Written Craft content service. He's an advocate of decentralized public control of finance, an off-grid enthusiast, and really fun at parties too.

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