NFTRealEstate

Interest In Crypto Real Estate Is Growing

Interest In Crypto Real Estate Is Growing

Ellen Britt for CNT #NFTIf you have ever gone through a traditional real estate sale, you know the process can be quite arduous. Inspections, title searches, reams of documents, signatures in a gazillion places and fees, fees and more fees! But there is a better way on the horizon.If you have been following any of our previous articles on real estate in the digital age, you can probably guess that this “better way” has something to do with NFTs. And yes, you would be right!Propy Goes First We brought you news about Propy, a company whose goal was to sell NFT-backed real…
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Propy Makes Good On It’s Promise – Florida Home Sold As An NFT!

Propy Makes Good On It’s Promise – Florida Home Sold As An NFT!

Ellen Britt for CNT #NFT Late last month, we brought you news about Propy, a company that was aiming to sell real-estate-backed NFTs. Well, now it’s happened, to the tune of $653,000! The five-bedroom, three-and-a-half-bath home, located near Tampa, was sold in an online auction this past Thursday.  Going Once, Going Twice... Some fifty folks actually went through the process of online identity verification prior to the auction, but when it came right down to it, only two bidders qualified. Each of the bidders had to have at least $650,000 in cryptocurrency, which was the starting price for the home, tucked…
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