Propy auctions the world's first real estate NFT with transfer of ownership

May 25, 2021 – TechCrunch founder Michael Arrington's Kiev apartment in San Francisco, California, which went down in history as a blockchain sale in 2017, is now being sold as the real estate transaction platform NFT Propy. powered NFT – A modern apartment located in Kiev, Ukraine, which was previously the first blockchain-based real estate sale. Arrington's apartment in Kiev will be put up for a public auction for a lucky bidder to win, which will make history again. NFT, which took over the usufruct ownership of the property, will be auctioned within a 24-hour period and the first listing will start at an affordable price of $ 20,000. Details of the NFT sale are available here and will be updated regularly with ownership samples, FAQs, auction countdown, and terms. Brand new studio with natural light and original artwork on the accent wall. Specially designed furniture is available at an additional cost. In 2017, this property was sold entirely using blockchain technology to TechCrunch and Arrington XRP Capital tech news site founder Michael Arrington. The international transaction took place entirely with a smart contract using cryptocurrency on the Ethereum blockchain, and it was the first to be sold and transferred to the blockchain. Propy, backed by renowned blockchain investor Tim Draper, has since helped thousands of US representatives and home buyers bid and complete over $ 1 billion in transactions through an easy online platform. use and secure. Propy's CEO, Natalia Karayaneva, said: “This NFT will go down in history. For Propy, this is an important step in leveraging the promise of blockchain technology and immutable tokens (NFTs) to achieve self-sustaining real estate transactions. Real estate as an asset class will be part of the decentralized financial economy. This unique collectible NFT will include access to transferred ownership documents. Circle pi

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