Introduction
Miami, Florida – On January 5, 2024, PropyKeys, a new gamified application and part of the Propy ecosystem, introduces a home addresses market onchain. This decentralized application (dApp) game is powered by the PRO token and launched on Base, a layer-2 network operating on top of Ethereum as part of the Coinbase ecosystem. With PropyKeys, participants can mint their own or someone else’s home addresses onchain and stake or sell them later.
Revolutionizing Real Estate Transactions
The real estate market has long been restricted by barriers to entry, such as exorbitant title fees and inefficiencies. However, blockchain technology has the potential to simplify these processes. Propy and its ecosystem companies aim to make homeownership seizure-resistant, more affordable, and user-friendly. With a market worth $280 trillion, the real estate industry has remained entrenched in a "no trading zone." PropyKeys seeks to rewrite this narrative by offering a fun entry point to the Propy ecosystem and bringing property titles onchain. Now, anyone can start their onchain journey by minting home addresses via PropyKeys, verifying ownership via Propy, and even creating instant property sales or micro mortgages within the onchain Propy ecosystem.
Unlocking Property Ownership
At its core, PropyKeys addresses critical pain points in the real estate industry. The application allows crypto natives to mint addresses, stake them, and seamlessly facilitate trades with property owners. Address NFTs can be minted for a PRO token fee. Home address holders and real owners of acquired addresses have several advantages for the three tiers of NFTs. The collection of $PRO as a fee for minting onchain addresses and property titles is inherent in the tokenomics strategy. This fee structure sustains ecosystem development and incentivizes community participation. Furthermore, 100% of the collected fees from addresses are redirected to incentivize and reward the network of address owners, ensuring active engagement and network growth. Staking and governance participation also offer avenues for token holders to contribute to and influence the ecosystem while earning rewards in $PRO tokens.
Onchain Titles & RWA NFTs
Property owners can elevate their addresses to onchain titles, enabling them to stake these titles or convert them into Real World Asset (RWA) NFTs. These NFTs facilitate easy sales or micro mortgages, opening new avenues for property transactions.
Trust & Security
PropyKeys champions an onchain, open-source, and community-governed title registry, leveraging user trust. By replacing paper deeds with algorithm-based systems, the platform guarantees a trustworthy and secure environment for all users.
Get Your Real-World Address Minted Today
Visit PropyKeys.com today to mint your real-world address onchain. Join the movement empowering accessible property transactions and ownership like never before.
About Propy
Propy is a pioneering platform that leverages blockchain technology to facilitate seamless transactions of real-world assets (RWA), with a specific focus on revolutionizing global real estate markets. As an industry leader, Propy specializes in providing secure and efficient solutions, ensuring an enhanced experience for buying and selling properties worldwide.
X (Twitter): https://twitter.com/PropyInc
Facebook: https://www.facebook.com/propyinc
Website: https://propy.com/
Media contact: andrew@propykeys.com
Disclaimer: This press release contains forward-looking statements and should not be construed as investment advice. The actual results may differ materially from those projected in the forward-looking statements.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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How To
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