RISMedia
  • News
  • Premier
  • Publications
  • Events
  • Education
  • Newsmakers
  • Power Broker
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Publications
  • Events
  • Education
  • Newsmakers
  • Power Broker
No Result
View All Result
RISMedia
No Result
View All Result

Propy Plans Sale of New NFT Property in Orlando, Florida

Home Best Practices
By RISMedia Staff
June 30, 2022
Reading Time: 1 min read
Propy Plans Sale of New NFT Property in Orlando, Florida

Propy, a real estate tech firm, will sell a new property in Orlando, Florida, via an NFT transaction. The property, a three-bedroom townhouse 10 minutes away from Disney World, is listed for a starting price of 430,000 USDC and marketed as both an investment property and new family home. The sale, set for June 29, 2022, is the first time the transaction will include a small royalty fee payment to the current owner and seller’s agent on all future NFT sales.

Propy’s blockchain-enabled platform allows real estate property ownership to be represented as a non-fungible token (NFT) or a data-based security recorded as unique in the blockchain. This virtual transaction model using cryptocurrency is a break from traditional real estate sale processes.

The sale will take place on Propy’s NFT Marketplace using Ethereum (ETH) token, protected with bank-level security. The record purchase will be placed on the immutable blockchain and provides access to the legal documents.

This sale will mark Propy’s third successful sale of an NFT property, after the May 2021 sale of an apartment in Kiev, Ukraine, and the April 2022 sale of a condo in Tampa, Florida.

For more information, visit https://propy.com/browse/disney-bound-nft/.

Tags: CryptoNFT propertyPropy
ShareTweetShare

RISMedia Staff

Related Posts

The Institute: July Luxury Market Report
Agents

The Institute: July Luxury Market Report

August 11, 2022
Keeping Up With the Changing Technology Landscape
Agents

Keeping Up With the Changing Technology Landscape

August 11, 2022
Succeeding as a New Agent, Even in a Recession
Agents

Succeeding as a New Agent, Even in a Recession

August 11, 2022
The Value of Experience and Education
Agents

The Value of Experience and Education

August 11, 2022
LGBTQ+ Real Estate Alliance Announces First In-Person Conference
Agents

LGBTQ+ Real Estate Alliance Announces First In-Person Conference

August 11, 2022
ERA Artist’s Logo Design Selected by Toys for Tots
Agents

ERA Artist’s Logo Design Selected by Toys for Tots

August 11, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Tip of the Day

There’s Gold in Them There Leads. HomeKeepr Can Help.

Does your brokerage have leads no one is working? Let’s put those leads to work! Our Moover Intelligence feature identifies... Learn more.

Business Tip of the Day provided by
REGISTER NOW

Recent Posts

  • The Institute: July Luxury Market Report
  • Keeping Up With the Changing Technology Landscape
  • Succeeding as a New Agent, Even in a Recession

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies

© 2022 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2022 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X