PropyKeys: Gamifying Real Estate Transactions on the Blockchain

PropyKeys has launched a decentralized application (dApp) game that allows users to create and exchange real-world addresses on the blockchain. The dApp utilizes the PRO token.

PropyKeys dApp enables minting and trading of real-world addresses onchain within the Propy Ecosystem.

Blockchain

January 3, 2024, 10 am EST, Miami, Florida – Today, PropyKeys, a new gamified application, part of the Propy ecosystem, introduces a home addresses market onchain. It is a decentralized application (dApp) game, powered by the PRO token and launched on Base, a layer-2 network operating on top of Ethereum and part of the Coinbase ecosystem. Participants can mint their own or someone else’s home addresses onchain and stake or sell them later.

Real estate has long been restricted by barriers to entry such as exorbitant title fees and inefficiencies that blockchain can simplify. Propy and its ecosystem companies aim to make homeownership seizure-resistant, more affordable, and user-friendly.

The $280 trillion market has remained entrenched in a “no trading zone,” but PropyKeys seeks to rewrite this narrative by being a fun entry point to the Propy ecosystem and title onchain. Now, anyone can start their onchain journey by minting home addresses via PropyKeys and then verifying ownership via Propy and even creating instant property sales or micro mortgages—all within the onchain Propy ecosystem.

“Imagine a world where every property’s rightful ownership is seamlessly encapsulated in an immutable onchain title”, said Andrew Zapo, lead contributor to PropyKeys. “Picture a future where individuals can effortlessly engage in peer-to-peer property transactions or leverage their property holdings for micro mortgages. This future, underpinned by blockchain’s trustless architecture, redefines property rights autonomy and, in turn, societal norms.”

Unlocking Property Ownership

Unlocking Property Ownership

At its core, PropyKeys addresses critical pain points:

Democratized Minting and Trading

PropyKeys allows crypto natives to mint addresses, stake them, and seamlessly facilitate trades with property owners. Address NFTs could be minted for a PRO token fee. Home address holders and real owners of acquired addresses have the following advantages for the 3 tiers of NFTs. Inherent in the tokenomics strategy is the collection of $PRO as a fee for minting onchain addresses and property titles. This fee structure, while sustaining ecosystem development, simultaneously incentivizes community participation. 100% of the collected fees from addresses are redirected to incentivize and reward the network of address owners, ensuring active engagement and network growth. Additionally, mechanisms such as staking and governance participation offer avenues for token holders to contribute and influence the ecosystem while earning rewards in $PRO tokens.

Additionally, in the future, the community will be incentivized to provide loans for collateralized RWA NFTs via a secure protocol, developed by the Propy ecosystem of partners.

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.

Onchain Titles

Trust & Security

Leveraging user trust, PropyKeys champions an onchain, open-source, and community-governed title registry. 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.

PropyKeys’ innovation embodies philosophical tenets—trust and transparency. The transition from conventional property registries to blockchain-based onchain titles instills trust in algorithms rather than centralized intermediaries. This philosophical shift reverberates beyond the real estate sphere, transcending into a broader societal paradigm that has started its rapid revolution with programmable decentralized money.

About Propy:

[Propy](/?s=Propy] is a pioneering platform leveraging blockchain technology to facilitate seamless transactions of real-world assets (RWA), specifically focused 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.

Reference: 1. Argentina’s New Government Introduces New Bill to Regulate Crypto Holdings for Taxpayers 2. Logan Paul Announces Buy-Back of CryptoZoo NFTs After a Year Promising Refunds

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Q&A:

  • Q: How does PropyKeys address the barriers to entry in the real estate market?

  • A: PropyKeys aims to simplify the real estate market by leveraging blockchain technology. It allows users to mint addresses, stake them, and seamlessly facilitate trades with property owners, making homeownership more accessible and affordable.

  • Q: What advantages do home address holders and real owners of acquired addresses have in the PropyKeys ecosystem?

  • A: Home address holders and real owners can enjoy advantages in the form of NFTs and participate in the ecosystem’s governance. They can also earn rewards in $PRO tokens and contribute to the network’s growth.

  • Q: How does PropyKeys ensure trust and security in property transactions?

  • A: PropyKeys replaces traditional paper deeds with algorithm-based systems, creating an onchain, open-source, and community-governed title registry. This guarantees a trustworthy and secure environment for all users.

Future Outlook: Analyzing the future trends and opportunities, it is evident that blockchain technology will continue to revolutionize the real estate market. The seamless and transparent nature of onchain titles and NFTs will likely lead to increased adoption and further decentralization of property transactions. As the ecosystem evolves, investors may consider diversifying their portfolios to include blockchain-based real estate assets. It is crucial to stay informed about the latest developments and explore investment opportunities in platforms like PropyKeys that offer innovative solutions within this growing industry.

Interact with the Readers: What are your thoughts on the gamification of real estate transactions through PropyKeys? 🏠⌨️💻 Share your opinions below and don’t forget to tag your fellow investors who might be interested in this exciting development! 🚀

Follow us on:

Twitter: https://twitter.com/PropyInc

Facebook: https://www.facebook.com/propyinc

Website: https://propy.com/

For media inquiries, contact [email protected]

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.

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