Propy opens auction for first real estate NFT with ownership transfer

The NFT that transfers real ownership of the property will be auctioned over a 24h period with the initial listing starting at an affordable $20k mark. This real estate-backed NFT is a prime collectible asset with transferable digital ownership rights…

This unique collectible NFT includes:

  • Access to ownership transferred paperwork
  • Apartment picture
  • Digital art NFT by Kyiv graffiti artist, Chizz (a physical painting of the artwork is painted on one apartment wall)


The seller signs proprietary-developed legal papers for NFTs to transfer ownership to a future buyer; carries out an NFT auction, and receives payment in cryptocurrency. The auction winner becomes the owner within a minute, after filling out KYC details (name).



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