January 3, 2024, 10:00 AM EST, Miami, Florida – today, PROFIKEYIt is part of the Propy ecosystem, a new gamified application. introduce The home address is the on-chain market. It is a decentralized application (dApp) game powered by PRO tokens and launched on Base, a layer 2 network that runs on top of Ethereum and is part of the Coinbase ecosystem. Participants can create their own or someone else’s home address on-chain and later stake or sell it.
Real estate has long been limited by barriers to entry, such as prohibitive ownership costs and inefficiencies, which blockchain can simplify. Propy and its ecosystem of companies aim to make homeownership seizure-proof, more affordable and user-friendly..
The $280 trillion market is still firmly entrenched in a “no-trade zone,” but PropyKeys seeks to rewrite this story by being a fun entry point into the Propy ecosystem and on-chain titles. Now anyone can begin their on-chain journey within the on-chain Propy ecosystem by creating a home address via PropyKeys, then verifying ownership via Propy and instantly selling real estate or creating a micro-mortgage.
“Imagine a world where the rightful ownership of every asset is completely encapsulated in immutable, on-chain ownership.”, said Andrew Zapo, a key contributor to PropyKeys. “Imagine a future where individuals can easily engage in peer-to-peer real estate transactions or leverage their real estate holdings for small mortgages. This future, based on blockchain’s trustless architecture, redefines property rights autonomy and, consequently, social norms.”
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Unlock property ownership
At its core, PropyKeys solves the following critical problems:
Democratizing Minting and Trading
PropyKeys allows cryptocurrency natives to create addresses, stake, and seamlessly facilitate transactions with property owners. You can issue address NFTs with PRO token fees. Home address holders and actual owners of acquired addresses have the following benefits for the three stages of NFTs: The token economics strategy involves collecting $PRO as a fee for issuing on-chain addresses and asset ownership. This fee structure maintains ecosystem development while encouraging community participation. 100% of fees collected from addresses are redirected to incentivize and reward the address owner’s network, ensuring active participation and network growth. Additionally, mechanisms such as staking and governance participation provide a way for token holders to earn rewards in $PRO tokens while contributing and influencing the ecosystem.
Additionally, in the future, the community will be encouraged to provide lending against collateralized RWA NFTs through security protocols developed by the Propy partner ecosystem.
On-chain titles and RWA NFTs
Property owners can promote their addresses to on-chain titles, staking these titles or converting them into real world assets (RWA) NFTs. These NFTs open new avenues for real estate transactions by facilitating easy sales or small mortgages.
Trust and Security
Leveraging user trust, PropyKeys champions an on-chain, open-source, and community-managed title registry. By replacing paper documents with an algorithm-based system, the platform ensures a trustworthy and secure environment for all users.
Get your real address today
Visit PropyKeys.com Get your real address on-chain today. Join the movement that makes real estate transactions and ownership accessible like never before.
PropyKeys’ innovations embody the philosophical tenets of trust and transparency. The shift from traditional asset registers to blockchain-based on-chain titles instills trust in algorithms rather than centralized intermediaries. This philosophical shift is reverberating beyond the realm of real estate and into the broader social paradigm that has begun a rapid revolution with programmable decentralized currencies.
About Profi:
own A pioneering platform that leverages blockchain technology to facilitate seamless transactions of real assets (RWA), with a particular focus on transforming the global real estate market. As an industry leader, Propy specializes in providing safe and efficient solutions to ensure an improved experience for buying and selling real estate around the world.
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Disclaimer: This press release contains forward-looking statements and should not be construed as investment advice. Actual results may differ materially from the results anticipated in the forward-looking statements.