• Latest
TechCrunch Founder to Sell His Crypto-Bought Kyiv Flat – as an NFT

TechCrunch Founder to Sell His Crypto-Bought Kyiv Flat – as an NFT

May 29, 2021
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

TechCrunch Founder to Sell His Crypto-Bought Kyiv Flat – as an NFT

coinnewsdaily by coinnewsdaily
May 29, 2021
in Business, NFT
0
TechCrunch Founder to Sell His Crypto-Bought Kyiv Flat – as an NFT
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

TechCrunch Founder to Sell His Crypto-Bought Kyiv Flat – as an NFT 101
Source: AdobeStock / Julien Tromeur

“We know [gas fees] are high, but it’s real property and there are no additional ownership transfer fees needed to be paid by you.”
Per an announcement from the deal’s broker, the crypto- and blockchain-powered real estate sales platform Propy, the apartment in question is none other than the property snapped up for USD 60,000 worth of etherеum (ETH) back in 2017 by the founder of TechCrunch Michael Arrington.
An apartment in Kyiv, Ukraine, that once sold for crypto is set to go under the hammer once again – but this time it will be sold at a non-fungible token (NFT) auction.
– Blockchain and Crypto Find Role in Italian, S Korean Property Industry
– bitFlyer to Pioneer Blockchain-powered Home Rentals Platform
The Chizz-created art now adorns the apartment’s walls, but (yes, you guessed it) this artwork has also been digitized in the NFT form, and will make up part of the winning bidder’s package.
In addition to picking up the property rights for the property itself, described as a “studio apartment with a full kitchen and a full bathroom” in the western Svyatoshino district of the capital, buyers can also expect to receive “photos” of the apartment, which now features exclusive artwork from the “leading street art and mural artist” Chizz.
The ETH 212.5 would be worth around USD 543,000 today.
– Spain’s First Tokenized Property Sells for ETH to Investors in 3 Countries
– Spanish Property Experts: Interest in Bitcoin-powered House Buying Rising
The deal made headlines across the world when it became the first to be conducted entirely on the Ethereum blockchain network.

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022

Potential bidders will be offered the chance to join a virtual tour to be held on June 7.

Arrington used the Propy platform to finalize his purchase in 2017, and he is now set to use the same provider to offload the property – in NFT form – in an auction to be held on June 8. Bidding will start at USD 20,000.
____
Learn more:
– Why NFTs Aren’t Just for Art and Collectibles
– NFT Explosion Coming over Next 2 Years & Will Create Jobs, Say Insiders
The transaction will be conducted using ETH on the Ethereum blockchain. The buyer will need to pay what Propy called “normal gas fees” to complete the deal. If that sounds off-putting for some, Propy had these words of reassurance.

Tags: Blockchainblockchain networkblockchain-powered real estate sales platformbrokerBusinessCryptoCrypto BusinessETHEthereumgas feesMichael ArringtonNFTsNon-fungible tokennormal gas feesreal estateTokenUSD
Share76Tweet48
Previous Post

Altcoins rally as bulls pile into large-cap tokens and layer-1 projects

Next Post

OpenOcean Expands To Solana Ecosystem

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution
NFT

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts
Alt Coin

Things You Should Know Before Investing in NFTs

April 24, 2022
Load More
Next Post
OpenOcean Expands To Solana Ecosystem

OpenOcean Expands To Solana Ecosystem

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,447.00-0.71%
  • ethereumEthereum(ETH)$1,681.770.67%
  • tetherTether(USDT)$1.000.06%
  • binancecoinBNB(BNB)$330.95-0.73%
  • rippleXRP(XRP)$0.4146441.16%
  • cardanoCardano(ADA)$0.404549-0.52%
  • dogecoinDogecoin(DOGE)$0.0984146.22%
  • matic-networkPolygon(MATIC)$1.272.15%
  • okbOKB(OKB)$41.620.13%
  • solanaSolana(SOL)$24.67-0.98%
  • shiba-inuShiba Inu(SHIB)$0.00001523.03%
  • polkadotPolkadot(DOT)$6.95-1.79%
  • litecoinLitecoin(LTC)$99.71-0.62%
  • tronTRON(TRX)$0.0643530.35%
  • daiDai(DAI)$1.000.22%
  • cosmosCosmos Hub(ATOM)$14.89-2.55%
  • chainlinkChainlink(LINK)$7.340.31%
  • ethereum-classicEthereum Classic(ETC)$23.983.08%
  • leo-tokenLEO Token(LEO)$3.441.92%
  • moneroMonero(XMR)$173.43-0.08%
  • bitcoin-cashBitcoin Cash(BCH)$138.40-0.37%
  • stellarStellar(XLM)$0.0939000.89%
  • filecoinFilecoin(FIL)$5.61-1.27%
  • crypto-com-chainCronos(CRO)$0.0838052.91%
  • algorandAlgorand(ALGO)$0.2711310.39%
  • vechainVeChain(VET)$0.0250890.94%
  • internet-computerInternet Computer(ICP)$5.910.53%
  • aaveAave(AAVE)$89.16-2.26%
  • eosEOS(EOS)$1.121.69%
  • elrond-erd-2MultiversX(EGLD)$46.721.31%
  • theta-tokenTheta Network(THETA)$1.130.10%
  • tezosTezos(XTZ)$1.182.89%
  • huobi-tokenHuobi(HT)$5.67-0.74%
  • paxos-standardPax Dollar(USDP)$1.00-0.35%
  • havvenSynthetix Network(SNX)$2.786.40%
  • bitcoin-cash-svBitcoin SV(BSV)$43.47-0.31%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.594.96%
  • dashDash(DASH)$61.68-3.02%
  • iotaIOTA(MIOTA)$0.2449873.40%
  • makerMaker(MKR)$714.153.05%
  • neoNEO(NEO)$9.041.23%
  • zcashZcash(ZEC)$47.28-0.03%
  • zilliqaZilliqa(ZIL)$0.0303965.04%
  • basic-attention-tokenBasic Attention(BAT)$0.2814832.97%
  • compound-governance-tokenCompound(COMP)$54.29-1.15%
  • nemNEM(XEM)$0.0409302.64%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$38.16-0.56%
  • bitcoin-goldBitcoin Gold(BTG)$17.661.97%
  • sushiSushi(SUSHI)$1.56-0.77%
  • qtumQtum(QTUM)$2.873.16%
  • wavesWaves(WAVES)$2.86-2.45%
  • golemGolem(GLM)$0.2658146.05%
  • yearn-financeyearn.finance(YFI)$7,887.640.33%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • omisegoOMG Network(OMG)$1.570.55%
  • ontologyOntology(ONT)$0.2260233.10%
  • digibyteDigiByte(DGB)$0.0112660.39%
  • umaUMA(UMA)$2.140.33%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%