They will auction house in Florida as an NFT

(EFE). The juicy market for the sale of properties in Florida will take another step in its development next week by combining NFT technology (non-fungible tokens) and real estate for the first time in the United States with the auction of a house on the east coast of Florida. been as an NFT.

It is a house of Spanish-style architecture located in the coastal city of Gulfport, which has 200 square meters built, with five bedrooms and 3 bathrooms, and about 700 meters of land.

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The starting price will be $650,000 in this auction that will take place on February 8, according to the website of the real estate company Propy, based in Palo Alto (California).

The novelty is that bids must be made in cryptocurrencies and through technology blockchain and what is for sale is the title of a house owned by a limited liability company (LLC, for its acronym in English).

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All potential buyers will need to register and connect their virtual wallets in order to make an offer.

The NFT of the property title will be stored in the cryptographic wallet of the buyer of this house, which was put up for sale by Leslie Alessandra, a Florida real estate agent who also co-founded a real estate company. blockchainnoted Propy.

Alessandra explained that owning the property rights to this NFT would allow homeowners to sell a home as quickly as one transaction on the popular mobile money transfer app Venmo.

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With this new modality, through which NFT owners will have a new way of demonstrating home ownership, a circle created by the increasingly common use of cryptocurrencies in real estate transactions or to take out a mortgage is closed.

Recently, an operation to purchase a luxury apartment in the heart of Miami, in the southeast of the state, was made public for 7 million USD Coin, a type of cryptocurrency known as “stable” and which has a guaranteed value equivalent to the dollar. .

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