Fabrica
Fabrica Technical Briefing
Published July 13, 2021
Supported by IowaEDA
Overview
Federico, CEO and co-founder of Fabrica, presents Fabrica — a platform that makes real estate programmable by wrapping each property in a legal trust whose ownership is represented by a non-fungible token. The demo walks through a complete on-chain land transaction on the Fabrica platform: a buyer picks a plot, clears KYC, links a Plaid-connected Chase checking account, signs a transfer agreement, and the NFT plus bank transfer settle together in about three minutes — with a recorded county deed and land-tax-assessor appointment falling out of the same flow. Because Fabrica uses a standard NFT contract, each property shows up on OpenSea with full transaction history, priced in Sila USD. Federico closes with the broader vision — collateralize, borrow against, fractionalize, or earn DeFi-vault yield on real property — and Fabrica's state-by-state expansion in California, Arizona, New Mexico, and Colorado.
0:00 Introduction to Fabrica — programmable real estate
Federico, CEO and co-founder of Fabrica, introduces Fabrica — a platform that makes real estate programmable. The largest asset class in the world, still managed through paperwork, fingerprints, and notaries.
0:30 Trust + NFT — how a property becomes a token
Federico explains the Fabrica architecture: each real property is wrapped in a legal trust that holds title, and ownership of the trust is represented as a non-fungible token. Transfer the NFT, transfer the property.
1:30 Demo: buying a plot of land in three minutes
Live demo of the Fabrica buyer experience — browsing listed land plots, inspecting the coordinates, boundary, legal description, and transaction history, and clicking through to checkout at $28,000.
3:00 KYC + Plaid checkout
Buyer-side KYC is already complete; linking a Plaid-connected Chase checking account verifies funds. The checkout resembles an Amazon flow — no blockchain jargon in front of the end buyer.
4:00 Transfer agreement + simultaneous NFT and bank transfer
Signing the transfer agreement triggers a coordinated move — bank funds to the seller and NFT to the buyer — and the recorded deed and land-tax-assessor appointment fall out of the same flow.
5:30 Fabrica NFTs on OpenSea
Because Fabrica uses a standard NFT contract, every property shows up on OpenSea with full transaction history, priced in Sila USD (the stablecoin Fabrica uses on-chain).
6:30 Formation document, recorded deed, and IPFS
Every Fabrica token carries attached legal documents — a trust formation instrument (stored on IPFS) and a recorded county deed — proving the token holder owns the underlying real property.
9:30 Where programmable property goes next
The broader vision: once real estate is an NFT, tap into any NFT-native primitive — collateralized on-chain mortgages that refinance in seconds, fractional ownership, DeFi vault yield on property you own.
10:00 State-by-state expansion
Fabrica operates in California, Arizona, New Mexico, and Colorado — each state needs its own licensing and fine-tuned legal instrument, but the architecture is designed to expand to any jurisdiction, including abroad.
Presented by Federico Pomi and Daniel Rollingher — Fabrica
Topics: Blockchain & DLT, NFTs
