Entrepreneur Grant Cardone has ventured into the real estate sector by listing his $42 million property in Golden Beach, Florida, using a blockchain-based platform.
This initiative marks Cardoneβs initial step into crypto real-estate innovation, utilizing a decentralized title registry and escrow settlement protocol through Propy. Propy is a blockchain-based platform that facilitates secure and transparent real estate transactions. Cardoneβs mansion listing on Propy underscores the growing acceptance of blockchain in the real estate industry.
βWe are all in on blockchain revolutionizing real estate. We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and weβre leading the charge!β said Cardone.
Propyβs platform ensures transaction security through blockchainβs immutability. With its integration with Base Layer 2 technology, Propy significantly enhances transaction efficiency and offers tokenized address markets through PropyKeys.
Natalia Karayaneva, founder of Propy, emphasized the platformβs appeal to high-net-worth individuals, investors, and crypto buyers. She highlighted the listingβs availability in Bitcoin (BTC) and USD, aiming for Propy to become a leader in cryptocurrency real estate.
βIt is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyersβ¦ The inclusion of Cardoneβs listing in BTC and USD on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto,β Karayaneva said.
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