Propy – DIGIT INFO

Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend

DIGIT — Tue, 24 May 2022 21:30:29 +0000

During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account offerings issued by financial giants like Fidelity. In recent times, cryptocurrencies can be […]

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Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble

DIGIT — Tue, 03 May 2022 20:30:32 +0000

A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is an “interesting strategy,” but stressed that during these market conditions “investors should be skeptical.” Weiss Ratings Editor Doesn’t Believe Crypto and Mortgages Mix According to […]

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NFTs and DeFi are revolutionizing real estate investing and homeownership — Here’s how

DIGIT — Fri, 18 Feb 2022 22:30:00 +0000

NFTs, DeFi, crypto-backed mortgages and fractionalized ownership are the new trends set to alter the face of real estate investing in 2022.

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Florida Home to Be Sold as an NFT, Decentralized Organization Seeks Bel Air Megamansion

DIGIT — Mon, 07 Feb 2022 10:00:27 +0000

According to a California-based real estate technology company called Propy, a four-bedroom home in Gulfport, Florida, will be tokenized leveraging non-fungible token (NFT) technology and sold for $650K. In addition to the Gulfport home, another blockchain project has launched aiming to purchase The One Bel Air 105,000-square-foot megamansion by creating a decentralized autonomous organization (DAO). […]

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Propy rallies 227% as real estate NFTs become reality and PRO lists at Coinbase

DIGIT — Sun, 16 Jan 2022 23:00:00 +0000

A listing at Coinbase and the upcoming sale of the first real estate NFT in the U.S. appear to be providing a boost to PRO price.

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US National Association of Realtors Invests in Blockchain-Based Real Estate Firm Propy

DIGIT — Mon, 10 Jun 2019 15:29:00 +0000

The largest American trade association, the National Association of Realtors, has reportedly invested in blockchain-based real estate platform Propy

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Buying and Selling Property With Bitcoin Is More Complex Than It May Seem

DIGIT — Tue, 08 Jan 2019 04:15:22 +0000

Buying and selling property using cryptocurrency is less straightforward than was first assumed. The handful of mortgage lenders and realtors who were initially keen are now reluctant to accept crypto deposits due to money laundering fears. Until there is greater clarity concerning crypto regulation, due diligence procedures and taxation, potential participants are opting to wait […]

The post Buying and Selling Property With Bitcoin Is More Complex Than It May Seem appeared first on Bitcoin News.

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PR: Propy – This California Property Was Sold On The Blockchain Without Using Banks

DIGIT — Thu, 26 Jul 2018 09:30:11 +0000

PALO ALTO, California — Propy, the global real estate store with a decentralized title registry, announced the successful execution of a historic real estate deal on the Blockchain in the State of California. With Propy’s Transaction Platform, every step of the deal was executed via Ethereum smart contracts, making this the first comprehensive blockchain-recorded property deal in the state of California and only the second in the world.

The post PR: Propy – This California Property Was Sold On The Blockchain Without Using Banks appeared first on Bitcoin News.

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This California Property Was Sold On Blockchain Without Using Banks

DIGIT — Wed, 25 Jul 2018 21:39:02 +0000

Leading Blockchain-powered Real Estate Platform Propy Closes Revolutionary Property Deal in California Via Smart Contracts PALO ALTO, California, July 25, 2018 — Propy, the global real estate store with a decentralized title registry, announced the successful execution of a historic real estate deal on the Blockchain in the State of California. With Propy’s Transaction Platform, ... Read more

PR: Propy to Hold First Ever Real Estate Auction on Blockchain

DIGIT — Sat, 23 Jun 2018 09:30:15 +0000

Global property store with a decentralized registry Propy in collaboration with Hilton & Hyland Real Estate, a leading luxury brokerage are selling ownership for Rome’s architectural Masterpiece el Palazzetto Mansion in a historical blockchain auction. Set to begin on June 28th, 2018 at noon PST, the event will accept offers both in USD and in cryptocurrency.

The post PR: Propy to Hold First Ever Real Estate Auction on Blockchain appeared first on Bitcoin News.

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