Yoda (Jude) G Regev Founder & CEO of JointerYoda is a serial entrepreneur whose talent for developing effective ideas and solutions has resulted in successfully growing five companies with three successful exits. A few years ago, he relocated to Silicon Valley, CA and self-taught himself to speak fluent English.
Q1: Before now, security tokens were the much talked about innovative disruption in the real estate industry. Why do you think that this is not enough to eliminate the recurring issues in this sector?
Yoda: We created tokenized commercial real estate in the early days of Jointer. After discussing with some of our advisors, it became clear that tokenization is merely perpetuating the old way of doing business instead of creating a new way forward for Commercial Real Estate investment and syndication.
Everyone is mistaken by thinking tokenization is not the right solution. Tokenization as a stand-alone product can’t work for non sophisticated users, can’t democratize the industry to non – accredited investors, and can’t work without a built-in liquidity solution. Plus with no secondary markets, tokenizations are not going to solves the issue they set out to solve.
Q2: Jointer has proposed and implemented a unique approach powered by DeFi to solve long-standing problems in the real estate sector. Can you tell us more about this?
Yoda: For experience, we saw how difficult it was for Commercial Real Estate owners to syndicate properties and also how challenging finding strong properties to invest in is for the average person. So when developing Jointer, the approach was to build something that reduces the risk for public investors and help those with lucrative properties quickly syndicate funds from one source rather than having to find many.
When commercial real estate buyers purchase a property, they get most of the funds from the lender as a mortgage, and the rest they syndicate from multiple players. Jointer changes the game by allowing owners to get one check from the lender for the mortgage, and another check from Joitner for the equity down payment needed. On the other side Jointer allow the public to invest in jointer solution, gaining uncorrelated return with unlimited liquidity
We solved this by hosting our daily DeFi Auction with built in game theoretic modeling and multiple laws of scarcity designed into a hands-off decentralized way. In doing this, Jointer becomes the syndicator of funds and is able to offer one check to CRE investors.
Q3: For such implementations to work effectively, I believe that there should be a functioning bridge between conventional real estate and the digital asset market. Is this why you have introduced JNTR to transfer liquidity seamlessly?
Yoda: Currently, if you have a lucrative Commercial Real Estate property, there is no incentive for you to spend the hefty cost and risk to tokenize your property. When it comes to Jointer, we make the process smooth and more lucrative for all the trillions of dollars of Commercial Real Estate to migrate to the blockchain. JNTR is also supported in the back door by Commercial Real Estate through a cross collateral relationship with Jointer’s securities, JNTR/ETN and JNTR/STOCK.
Q4: Tell us more about the technicality of JNTR, especially the minting process, and how it retains its value via the Jointer Liquidity economy?
Yoda: Jointer built over 52 smart contracts into the token ecosystem creating the most heavily financially engineered token in the history of cryptocurrency. The JNTR token is designed with anti-manipulation contracts in a way that limits the token’s face value from ever decreasing. The daily minting for JNTR is determined by one of the 52 smart contracts and based on Jointer’s auction performance yesterday..
Q5: What are the benefits of partaking in Jointer Auctions, and how can investors join?
Yoda: All investors need to do is go to Jointer.io and click on “Invest.” It is a good opportunity for investors because we have created a token with a face value that can’t be manipulated and can’t go down. We also built in 90% downside protection into the auction and all investors receive it instantly. Downside protection is when an investors’ funds are locked in a smart contract protecting 90% of the investment. Once the investor is happy with JNTR’s performance, the downside protection can be removed and the investor can continue to hold or stake those tokens to earn more JNTR.
Q6: I read that Jointer introduced flexible staking awarding 10% APY directly into the JNTR/b token. How does this work?
Yoda: We didn’t want users to have to send their tokens into a contract to earn rewards, but we wanted to reward them for holding one of the JNTR bridge tokens. That is why Jointer developed into JNTR/b, a smart contract that lets users earn 10% APY simply by holding JNTR/b in their wallet. Mass adoption should be simple, not difficult.
Q7: Should we expect the emergence of more DeFi powered solutions in the real estate sector in the near future? If so, what other changes can DeFi bring to the table?
Yoda: The future of DeFi will be more matured and we will start to see less anonymous characters popping up new copy-cat products. As DeFi evolves, so with the technology solutions, for example Jointer built 52 smart contracts on top of the basic swap protocol for the Jointer Liquidity Reserve system to provide unlimited liquidity and a face value that can never decrease.
Yoda is a serial entrepreneur whose talent for developing effective ideas and solutions has resulted in successfully growing five companies with three successful exits. A few years ago, he relocated to Silicon Valley, CA and self-taught himself to speak fluent English.
Besides a passion for startups, Yoda’s hobby is architecting deep decentralized financial mechanisms, where once again, teaching himself and learning from other professionals, he has analyzed and crafted flawless tokenomic applications to everyday life..
Yoda’s current startup, Jointer.io, was started unintentionally after he built an algorithm for personal use to solve the problem of how to instantly identify the most lucrative Commercial Real Estate opportunities. This turned into creating Element Zero Network which started from Jointer’s need to provide its users a solution for stable, decentralized cryptocurrency swaps and payments.
Once these two DAOs were created, Yoda’s financial engineering strength, combined both companies to build a truly decentralized DeFi syndication solution that can be applied to countless industries, including Insurance, mortgages, student loans, startups and more.