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Why You Should Pay Attention to Propy (PRO)
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As Bitcoin, Ethereum, and altcoins/tokens have created a system where you can easily own the tiniest fraction of crypto, similar systems let you buy and trade small parts of stocks and real estate instead of buying an entire stock or the whole house.
In tandem with the rise of smart contracts and rapid advancements in AI, this tokenisation (a.k.a. fractionalisation) will allow tangible assets to be easily divided into hundreds or even thousands of portions on a distributed ledger.
Thinking of blockchain-based real estate and tokenisation, one entity has stood the test of time: Propy.
Founded in 2015, it focuses on helping connect property buyers and sellers and settle contracts faster, cheaper, and more effectively using AI and blockchain technology. It also allows for tokenising property.
Best of all, you can close these contracts 24/7 with automated agreements.
In addition, Propy’s CEO, Natalia Karayaneva, has 17 years of experience in real estate, so she knows how the industry works.
Furthermore, notable advisors, including Michael Arrington (TechCrunch), Daniel Kottke (Apple), Barry Enderwick (Netflix), and Tim Draper (a venture capitalist who is extremely bullish on Bitcoin), are helping shape the project.