For the first time in the history of USA real estate, a 2,162-square-foot Tampa Bay House in Florida will be auctioned off as a non-fungible token (NFT).
If you ever dreamt of buying a home as an NFT, then you’re in luck. The real estate technology company, Propy, recently announced that it will auction off the property as a digital token. The bidding will start at $650,000 in ether, on February 10 and includes ownership rights through the NFT that can be stored in a crypto wallet.
The house owner Leslie Alessandra, founder of a decentralized finance company, is taking a step to prove to the world that NFT is not “a hype”, stating selling real estate NFTs can make the process as quick as possible.
