About the episode
On this episode, Kevin talks to LoanSnap co-founder and CEO Karl Jacob about how consumers can invest in and receive yields formerly reserved by big banks and governments. They also discuss the tokenization of commercial real estate, how neighbors can pitch in to fractionalize and purchase foreclosed homes, why traditional 30-year mortgages are going away, and how renting might turn into fractional ownership that is liquid 24/7.
About our guest

Karl Jacob
Karl Jacob is a serial entrepreneur who has been building, advising, and investing in companies for the last 20 years. He is the co-founder and CEO of LoanSnap.
Topics covered
Links from the episode
Connect with Karl Jacob: Twitter
What Could We Save You This Year? | LoanSnap
American Regulators to Wells to Fargo: This Is Unacceptable | CNN
DeFi (Decentralized Finance) | Investopedia
Build Crypto Apps That Scale | Solana
Decentralized Trading Protocol | Uniswap
Detroit’s Big Comeback: Out of Bankruptcy, a Rebirth | NPR
Tony Hsieh Is Gone, but His Vegas Vision Is Finding New Life | Los Angeles Times
What is Amish Barn Raising? | The Family Handyman
Real Estate, Homes for Sale, MLS Listings, Agents | Redfin
Mortgage Refinance Calculator: Should I Refinance? | NerdWallet
Collective Bidding on NFTs | PartyBid
Financial Crisis of 2007–2008 | Wikipedia
NFTs: Blockchain-Powered Art, Trading Cards, Music, and More with Aftab Hossain | Modern Finance 1
Show notes
Who is Karl Jacob, and what is LoanSnap?[00:49]
What problems was LoanSnap created to solve?[02:53]
How has traditional finance failed the average consumer?[07:26]
What is LoanSnap doing to right this wrong?[09:01]
How will $BACON coin work?[11:30]
How does a mortgage convert from fiat currency to LoanSnap?[14:15]
Who manages the backend of this, and what’s the advantage of having it on the blockchain?[15:27]
How LoanSnap makes community investment available to everyone — not just the already wealthy.[21:00]
Will the future of real estate be more available to the everyday consumer?[22:34]
How refinancing can benefit the homeowner over the bank.[25:23]
Could part-buyers replace renters?[30:30]
How will this kind of disruption be applicable to other industries?[32:07]
How soon will the average consumer be able to use the services LoanSnap has to offer?[35:50]
Why these transactions are defined as NFTs.[37:37]
Where to find information about all of this (soon)![39:37]
People mentioned
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