PR: After the First Blockchain Transaction in US, Real Estate Marketplace Propy Announces a New Developer Program

Real Estate Marketplace Propy Announces a New Developer Program

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

California-based blockchain startup Propy, is bringing the commercial use of blockchain technology to the US. After facilitating the first US Blockchain-based real estate deed in Vermont, Propy announced a new open source Developer Program.

The idea behind Propy: it allows anyone to buy or sell real estate, anywhere, online. Propy provides an efficient crypto and fiat payment and an immutable record on the blockchain, ensuring that title deeds and property rights will be there forever.

In March 2018, the San Francisco based firm completed its very first government-sanctioned use of blockchain for a public service in the US. That is, in fact, their second global achievement, after the first ever purchase of property using blockchain in Kiev, Ukraine, back in September 2017.

Propy Platform consists of three systems, two of which are powered by Ethereum smart contracts and require PRO tokens. To further develop the Decentralized Registry, Propy is announcing a Developer Program – designed to encourage blockchain developers and researchers to build efficient solutions for the real estate market, on top of Propy’s registry. The first phase of the program will be: localizations for the Title Registry, a Blockchain Property Explorer, and “Title Mining”. In a recent blog post, Propy describes how the Title Mining protocol will allow users (Title agents, lawyers, notaries, and real estate professionals) to “mine” title history — which means that they will digitize title records and store them on blockchain, a critical measure for those locations where the records are vulnerable to political regimes, corruptions, and hacking.

In the US real estate buyers lose over $900m annually in real estate fraud and pay more than $10bn for title insurance due to inefficient property data access. Propy aims to increase efficiency and security in the public sector.

“We’re ready to help US counties and other countries set up the blockchain registry for free. The developer program helps us accelerate the platform’s growth and ultimately give more governments the chance to integrate their land registry on Blockchain” expressed Propy’s CTO, Alex Voloshyn.

Participants in the Developer Program will receive multiple benefits and grants in PRO. The first whitelisted group of developers will receive a grant, that will be announced on Propy’s telegram channel: https://t.me/propy

About Propy

Propy is a global real estate store with a decentralized title registry. Propy aims to solve the problems facing international real estate transactions by creating a novel unified property payment solution and asset transfer platform on blockchain.

Contact Email Address
su.panya@prhacker.com
Supporting Link
https://t.me/propy

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Hedge Fund Manger Lists Multi-Million Dollar Townhouse in Bitcoin…for a 50% Premium

The real estate industry is increasingly embracing bitcoin as a form of payment. Most recently, hedge fund manager Claudio Guazzoni de Zanett has put his Manhattan townhome on the market for nearly $30 million in USD or $45 million in cryptocurrencies, according to a story in The Wall Street Journal. Zannett is hedging his bets, attaching a

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Venezuelans to Buy Homes and Property with State Cryptocurrency

Venezuelans to Buy Homes and Property with State Cryptocurrency

Venezuelans will be able to buy houses and other property with their new national cryptocurrency. Real estate deals in petro will be authorized in April, President Maduro announced. The government will also finance the construction of 230,000 new homes using funds from the pre-sale of the oil-backed crypto.  

Also read: Rubles Can Buy You Petro Maduro Says While Denominating Venezuela’s Currency

Four Economic Zones to Accept Petro Payments

All citizens and legal entities in Venezuela can now buy the national cryptocurrency through its website and soon they will be able to spend their petros as well. Sales of real estate in the oil-backed crypto will be allowed from April 20, Nicolás Maduro said, quoted by Noticia al Día.

Venezuelans to Buy Homes and Property with State CryptocurrencyThe Venezuelan president also revealed authorities will create four special and exclusive economic zones to stimulate the circulation of the petro. They will be located in Los Roques, Paraguaná, Ureña and on the Margarita Island. Goods and services there will be priced in the new government-issued cryptocurrency.

Last month Maduro authorized all savings banks in the country to use the petro, as news.Bitcoin.com reported. Later he said all state institutions engaged in foreign exchange had been instructed to do the same.

Maduro announced that more than 200,000 orders from 133 countries have been placed during the 30 days of the petro pre-sale. He told local TV the total of the orders amounts to $5.25 billion USD. The president also said petros can now be purchased with fiat currencies like Russian rubles, Chinese yuan, Turkish lira and euro, as well as with cryptocurrencies like bitcoin, ethereum and NEM.

Three Million Homes to Be Built With Petro

Earlier this week Venezuela’s head of state said 82.5 million petros had been sold since the launch of the national cryptocurrency in February. The socialist government in Caracas intends to use some of the $735 million collected from the pre-sale to finance the construction of 236,000 new homes.

Venezuelans to Buy Homes and Property with Petro

Authorities plan to build a total of 3 million housing units by 2019 under the Grand Housing Mission launched in 2011. Their construction will be financed with funds from the sale of the oil-backed currency. A presidential decree is expected to allocate 14,000 hectares of government-owned land to the project.

Nicolás Maduro reiterated his rejection of the new sanctions imposed by the White House. US President Donald Trump recently signed an executive order banning American citizens and legal entities from any transactions with Venezuelan cryptocurrencies. “Venezuela repudiates the measures against the petro,” Maduro said adding that they were intended to harm the country’s economy.

Venezuela will also host another global blockchain and cryptocurrency technology event, its president announced. The conference will be held mid-April in Caracas.

Do you think Maduro’s administration will be able to successfully introduce the petro in other sectors of Venezuela’s economy? Share your thoughts in the comments section below.  


Images courtesy of Shutterstock.


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Illinois Initiates Blockchain Initiative for Real Estate Transfers

The post Illinois Initiates Blockchain Initiative for Real Estate Transfers appeared first on CCN

The mid-western state of Illinois, home of Chicago, wants to usher blockchain technology into state government. The goal of the initiative, which is shared between state and county agencies, is to determine if this groundbreaking technology can be used to create more efficient, integrated and trusted state services while providing a welcoming environment for the … Continued

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A new study of Airbnb paints an ugly picture of the company’s impact on New York City housing

 For anyone who knows their city well, it’s easy to see that the short-term rental boom spurred by Airbnb’s massive popularity is changing things. Figuring out what exactly is changing and how quickly is trickier. In New York, those changes are have kept Airbnb and city regulators engaged in a multi-year war over what’s really good for the city. A new deep dive into the… Read More

Juniper Square raises $6M for its real estate investment platform

The real estate industry was relatively slow to adapt technology, but it’s now quickly catching up. That means that virtually every part of the industry is seeing a lot of startup activity. Juniper Square, which today announced it has raised a $6M Series A round, is tackling the real estate investment side by helping investment managers raise and manage outside capital for their projects. Read More

PR: FLOGmall Ready to Share Revenue with Investors

FLOGmall Sharez Revenue with Investors

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

A platform created for those looking to buy or sell various goods and services using tokens is announcing a new income opportunity. The international e-commerce platform FLOGmall is launching a revolution in the world of investment: it is ready to share revenue with token holders starting on the platform’s first day of operations. It would be as if Ebay, Amazon, or Alibaba shared profits with average people just because users are buying and selling goods and services on their platforms.

The project team has invented a specialized automatic token exchange service (ATES) for converting to other cryptocurrencies. Now anyone who wants to can monetize their investment immediately after the ICO phase is complete.

How Does It Work?

When buying FLOGmall tokens at the pre-ICO or ICO phase, users who want to become token holders receive a significant discount on acquiring them. Once the primary ICO has concluded, the platform will initiate the monetization process by providing additional services and functionality. The platform will make sure that the token exchange rate in the ATES will be higher than the rate during the pre-ICO and ICO.

Token holders will gain access to the ATES after the platform launches. They can use the ATES to exchange the tokens they received during the ICO phases both with sellers and other users of the platform’s services. In this way FLOGmall will share the platform’s revenue with token holders from day one. Token holders can also sell their tokens to any user who sees a potential for token growth as a result of the token being issued on the exchanges in the near future.

Practically all revenue received goes toward discounts to token holders.

Simple Math

The way FLOGmall hedges is that by artificially creating and maintaining a minimum official exchange rate for the token at 0.001 Ethereum creates a minimum nominal capitalization for the tokens and maintains the exchange rate at that level. In turn, this creates certainty that tokens can be sold near this value for an indefinite period (even if this token is not heavily traded).

If you are thinking in the long-term as a professional seller and view FLOGmall as a trading platform, then consider that by becoming a token holder during the pre-ICO and ICO, you receive a discount of up to 80% on the platform’s services after its launch.

If you are planning to use FLOGmall as a typical buyer, then by becoming a token holder during the pre-ICO and ICO you get the opportunity to exchange tokens for goods at an 80% discount.
Earning 300% a Possibility

Furthermore, the Mallcoin sale price is pegged to Ethereum and will change from one sale phase to the next. This means that as the Ethereum exchange rate rises, so does the Mallcoin exchange rate, and vice versa. For the convenience of ICO participants, the approximate USD value of Mallcoin will be displayed, automatically recalculated based on the current value of Ethereum as of the current date.
Potential income of 300% is achieved by acquiring Mallcoin (MLC) at the pre-ICO phase.

Potential income of 200% is achieved by acquiring Mallcoin (MLC) at the ICO phase, when the lion’s share of the tokens will be sold.

It is important to note that Mallcoin tokens will not be additionally issued in the future. Any tokens that are not sold will be destroyed.

About the Project

FLOGmall is a service without any real analogues. Stores will be displayed on FLOGmall in a new, unique format called LiveStore. The “live store” is a combination of blog and video content about sellers, stores, goods, and services.

This unique option allows sellers to make a video presentation for their store, personally address their target audience, publish video overviews for each product or service, as well as maintain a videoblog about important events or sales at the store, tripling online sales of goods through streaming.

When working with FLOGmall, sellers will no longer have a need for expensive marketing. FLOGmall makes it easy for them to create their own marketing campaigns to directly attract buyers.
Meanwhile, buyers will have the opportunity to purchase mass-market goods for cryptocurrency. Various electronics, appliances, clothing, and other day-to-day items will now be available to token holders.
New directions for services include real estate (renting, sales), digital marketing, financial services, etc.

Contact Email Address
alex.drofa.ra@gmail.com
Supporting Link
https://flogmall.com/

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Homeowners everywhere are listing their properties for bitcoin

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The bitcoin craze has officially jumped to real estate. 

Despite the risky, volatile nature of cryptocurrency, homes and property across the U.S., Australia, Canada, and beyond are for sale for the unpredictable coin. Even after one bitcoin dropped from $14,000 to $11,000 in value in a matter of days, homeowners are still putting up their homes for some of that flashy money.

It’s not just a few listings here and there. According to Bitcoin Real Estate,  a site that has been tracking the business for several years, the trend is growing more and more and not slowing down. Read more…

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