Real Assets in NFT Action!
World’s first real estate NFT to auction
With a starting price of $20,000, TechCrunch and Arrington XRP Capital founder Michael Arrington is to auction his Kiev studio apartment.
Purchased in 2017 using the first residential real estate smart contract on Ethereum blockchain, the first of a kind auction is set to go live on June 8th.
The NFT, which transfers real ownership of the property, will be processed by real estate management platform Propy who have assisted over 1000 American agents and home buyers to complete their property purchases via their secure online platform.
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