Currently set to Index
Currently set to Follow
United States Real Estate Investor logo
  • Loading stock data...
Advertisement

First United States NFT Real Estate Deal Closes

United States Real Estate Investor - Real estate investing media - First United States NFT Real Estate Deal Closes
The first United States NFT real estate sale is officially in the books facilitated by Propy, the largest real estate-focused protocol in the cryptocurrency market, who launched a platform in the US that allows real-world property to be purchased as an NFT.
Advertisement
Get wicked smart about real estate investing with Chris Prefontaine
Advertisement
Mark Dolfini, The Landlord Coach - Own More! Work Less!
United States Real Estate Investor - Real estate investing media - First United States NFT Real Estate Deal Closes
Play Video about United States Real Estate Investor - Real estate investing media - First United States NFT Real Estate Deal Closes
Advertisement
United States Real Estate Investor - Real estate investing media - Become A Podcast Guest
Advertisement
United States Real Estate Investor CTFO Changing The Future Outcome CBD

First United States NFT Real Estate Deal Closes

The first United States NFT real estate sale is officially in the books facilitated by Propy, the largest real estate-focused protocol in the cryptocurrency market, who launched a platform in the US that allows real-world property to be purchased as an NFT.

A Gulfport home has been sold via NFT by Florida native Leslie Alessandra who co-founded Defi Unlimited and Alloy Design & Development. Leslie actively invests in both real estate and cryptocurrency, which she believes are not mutually exclusive. These investments can be made to provide benefits to either industry or humanitarian causes.

Quoting Propy via Twitter, “It’s a wrap! The first real estate NFT auction in the US is history now. Thank you so much to everyone who participated and to those who cheered us on. Congratulations to the lucky winner, we can’t wait to see what you do with the Propy NFT next!” What a blast!”

Non-fungible tokens continue to grow in importance in multiple sectors. The growing mainstream awareness of non-fungible technology is opening up new opportunities and revealing new trends for the blockchain industry.

Real estate companies are starting to use blockchain technology because it opens the door for a different type of ownership, where you can split up the property ownership into fractions, as well as other unique financing models.

People from the crypto community are interested in real estate because when transactions are quick, on-chain and crypto dematerialized, it becomes easier for them to invest in property. A crypto holder is likely to invest a small percentage of their returns into a real-world asset if it’s made easy, and that’s what the NFT-enabled process does.

These days, it can be really hard to find a good, upper-end place to live. The demand for trophy real estate is always high but there’s never enough supply. That’s why NFTs in the industry might just be the answer we need. The focus of initial use cases will probably be on assets that are most relatable to collectibles before that type of technology is commonplace.

Most stellar properties can be found in the top “super-prime” or “prime” districts, with well-known name recognition, landmarks, or iconic buildings.

Properties like these with great underlying property fundamentals, such as bespoke and striking design architecture, exhaustive construction, or the highest quality finishes available on the market, usually remain as high-valued assets for decades.

Trophy properties that celebrities own tend to be in exclusive areas that can host digital art or exhibit unique architectural characteristics that make it worth collecting. With high-end properties, pride of ownership skews high, and the purchased price is almost not taken into regard just like with other collectible items that have a high trade probability.

With companies such as Milo, a financial technology company that has announced its new crypto mortgages, and Vesta Equity, who states via Twitter, “A home can now be fully tokenized giving consumers new financial freedoms. Investors can now buy real estate-backed NFTs as securities,” there’s no sight of crypto real estate slowing any time soon.

Advertisement
Amazon has everything you need to close the deal of your investment property.
Advertisement
Advertising It's Time To Make It Happen

quick content suggestions

Advertisement
United States Real Estate Investor - Real estate investing media - David Randolph Real Estate Investment Coaching
Advertisement
SQUATTERS RIGHTS (HOW TO PROTECT YOUR REAL ESTATE INVESTMENT)

Tags

Don't miss out on the value

Join our growing list of 1,000+ subscribers

Subscribe to our newsletter to learn how to attract clients, close deals faster, and a lot more!

United States Real Estate Investor logo

Leave a Reply

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

Advertisement
At DIY Wholesaling – we help real estate investing professionals gain financial freedom and independence within their business.
Advertisement
At DIY Wholesaling – we help real estate investing professionals gain financial freedom and independence within their business.

More content

At Year's End Recap Summit 2022

At Year’s End Recap Summit 2022

The At Year’s End Recap Summit 2022, hosted by United States Real Estate Investor founder Antonio Holman with a special panel of guests, is the annual live stream that recaps the closing year’s biggest real estate investing industry impacts, our biggest gratitude of the year, and our plans for the coming new year.

Should Real Estate Investors Install Property Submeters?

There are many aspects that a real estate investor must know and consider in making decisions, especially when they must juggle many responsibilities while continually thinking of maintaining or increasing property value. Utility costs are just one more ball in the hands.

Amy Mahjoory Featured Image

Real Estate Investing Success Austin with Amy Mahjoory

Real Estate Investor, Educator, Best Selling Author, HGTV Personality, Keynote Speaker Amy Mahjoory who built my business by networking with a purpose delivers valuable knowledge about an investor’s journey of learning, partnerships, raising private money, and real life issues while building a million dollar real estate investing business. This special episode of Real Estate Investing Success Austin is sponsored by Longhorn Investments.

notice!

Web & Social yearly Package

Please, have ad set files ready before purchase.

Please, be aware that after your purchase on the Stripe payment portal, keep your browser open; You will be automatically redirected to the ad set submission page.

notice!

Web & Social Monthly Package

Please, have ad set files ready before purchase.

Please, be aware that after your purchase on the Stripe payment portal, keep your browser open; You will be automatically redirected to the ad set submission page.

United States Real Estate Investor - Real estate investing media - United States Real Estate Investor Logo

Don't miss out on the value

Join our 1,000+ subscribers

Subscribe to our newsletter

Don't miss new updates in your email