Propy launches NFT platform in the US, allowing real-world property to be bought as an NFT – TechCrunch

Last year we covered how early blockchain startup Propy planned to use the technology to smooth real-world real estate sales by introducing the concept of smart contracts. It went on to actually sell an apartment as an NFT, using the NFT to effectively rubber stamps the legal process. However, that apart was in Ukraine. Today it launches the whole concept in the US, an entirely different kettle of legal fish.

Today it’s extending the whole process further by launching real-estate-backed NFTs in the United States, working on the technological and legal framework to literally turn real estate properties into NFTs.

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BizAvJets USA Journal Inks Blockchain NFT Settlement With PowerFan.io | Information

LAS VEGAS, Oct. 8, 2021 /PRNewswire-PRWeb/ — BizAvJets USA Journal is happy to announce a partnership with PowerFan.io bringing unique entry to digital belongings, NFTs, and new cryptocurrency alternatives to the enterprise aviation neighborhood. NFTs (non-fungible tokens) are distinctive digital belongings that signify possession and exist unbiased of any central issuing authority like a financial institution. NFTs and blockchain expertise underpin multi-billion greenback companies.

BizAvJets USA Journal Co-Proprietor Eli Stepp talked about “We are actually within the strategy of rolling out our personal unique BizAvJets USA Journal NFT’s. Our NFT’s shall be accessible October 12, 2021 in time for

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BizAvJets USA Journal Inks Blockchain NFT Settlement With PowerFan.io | Information

LAS VEGAS, Oct. 8, 2021 /PRNewswire-PRWeb/ — BizAvJets USA Journal is happy to announce a partnership with PowerFan.io bringing unique entry to digital property, NFTs, and new cryptocurrency alternatives to the enterprise aviation neighborhood. NFTs (non-fungible tokens) are distinctive digital property that signify possession and exist impartial of any central issuing authority like a financial institution. NFTs and blockchain know-how underpin multi-billion greenback companies.

BizAvJets USA Journal Co-Proprietor Eli Stepp talked about “We are actually within the strategy of rolling out our personal unique BizAvJets USA Journal NFT’s. Our NFT’s will probably be obtainable October 12, 2021 in time

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Time Journal’s NFT launch fell aside as scalper bots crowded out actual customers and despatched ethereum transaction charges hovering for the entire community

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  • An NFT launch organized by Time Journal fell aside on Thursday as scalper bots snatched up the collectibles.

  • Hours after the total provide was purchased up, the bottom obtainable value on the secondary market was round $9,500, a 30-times markup from the unique value.

  • The large sale additionally gunked up the general ethereum community, sending “fuel” charges hovering as much as six occasions in comparison with Thursday morning ranges.

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An NFT launch organized by Time Journal fell aside on Thursday as scalper

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