The home was auctioned off a non-fungible token.
Propy minted the property rights into a digital token. NFTs are normally used for digital collectibles like art and music, according to the newspaper.reported. The buyer’s first name is Amanda and the person is U.S. based, Propy CEO Natalia Karayaneva.. “So, when we NFT the ownership documents, it’s instantaneous ownership transfer and that can be from anywhere around the world, which is very powerful.”that the transaction was “essentially just selling a company and a company owns that house.”.
The condo will be listed on the blockchain market on March 2, Karayaneva told the newspaper. She did not specify where the condominium was located but said its current value is about $200,000 to $300,000.“At the end of the day, the people who really wanted this home, they got it,” Karayaneva told the