According to Propy, a four-bedroom home in Gulfport, Florida, will be tokenized leveraging NFT technology and sold for $650K. Blockchain
in Kiev via tokenization. The Techcrunch founder Michael Arrington’s apartment was originally sold in 2017 in one of the first blockchain real estate deals.
“I’m very excited to have bought the first real-estate NFT from Michael Arrington with Propy,” the current homeowner that purchased Arrington’s apartment told the press at the time. In the case in Florida, Alessandra is a founder of a Tampa Bay blockchain startup and a real estate investor. Alessandra insisted that the NFT allows the owners to sell the home as quickly as a Venmo transfer. According to the report, the NFT will also feature a mural crafted by a local artist Derek Donnelly, otherwise known as ‘This Gulfport home will be sold as an NFT this Tuesday according to the property owner Leslie Alessandra and a tech startup called Propy.
Similar to other decentralized crypto organizations, the One DAO will have a governance system that allows community members to vote on specific requests and issues. “Since the DAO is a fully decentralized organization, any member of the DAO has the opportunity to bring any proposal to a vote,” the website details.
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