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Propy

Global Property Store

Propy is the world’s first international real-estate marketplace. The team at Propy.com facilitates connections between international entities to enable the seamless purchase of international real-estate online for the first time.

3.5
2 1 expert rating
Benchy 3.4
Experts
5.0
5.0
4.0
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~$15,077,000
value of tokens sold in ICO
Trading
0.62 USD
From HitBTC on 2018-07-18 02:41:16 UTC
Token
Price in ICO
1.0000 USD
Country
USA
ICO start
15th Aug 2017
ICO end
15th Sep 2017
More on ICO
Report

About Propy

To make an international Real-Estate purchase, individuals need to work with multiple intermediaries including Brokers, Escrow services, Land Registry Services, as well as Money Transmitters. Piles of paperwork need to be compiled and signed.

Serious fraud happens on a regular basis due to confusing or malicious legal agreements. Property transfer requires months of waiting. This inefficient communication significantly hinders liquidity, reducing potential value for buyers and sellers.

Propy works with current legislation to facilitate transactions while also providing a superior blockchain infrastructure which can be adopted by various entities to reduce redundancy and fraud.

For example, Propy has agreements with Land Registries/Recording offices to use blockchain hashes for each ongoing transaction.

Stats
Total Supply: 100,000,000
Standard: Ethereum ERC20
Type: Utility token type

Grants
- Write-access in Propy Registry
- Rewards

Associated agencies

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