Instant Sale Onchain
First-Ever Real Estate Asset Onchain in Hawaii
Final Price
253,000 USDC
This RWA is available for direct purchase using USDC, ETH, or BTC. Alternatively, you can apply for an instant loan of 100% by collaterising the final RWA sale amount in ETH or BTC.
Income-producing property with the possibility of personal use.
Closing within minutes!
Condominium in the Heart of Honolulu
410 Atkinson Drive, Unit 1320, Honolulu, HI 96814
- Studio
- 1 Baths
- 345 sqft
Starting Price
250,000 USDC
(Stablecoin tied to the U.S. Dollar)
Prime beach access, 5 minutes from a stunning park
Quality
4.75-star hotel standards
Revenue Potential
Ongoing reservations for immediate income
Flexibility
Owner usage with management support
Scheduled Room Renovation in 2025
A renovation valued at up to $20,000 has been fully paid and is scheduled to occur from June 23 to July 25, 2025. Relevant documentation is included and accessible to whitelisted buyers.
This unit features modern finishes, large windows inviting natural light, and a comfortable layout with 2 full-size beds, perfect for relaxation or hosting guests.
The property is located in the heart of Honolulu, just steps from Ala Moana Center — Hawaii's largest open-air shopping mall — and the sugar-white sands of Ala Moana Beach Park. Whether you’re shopping, dining at world-class restaurants, or enjoying paddleboarding on the tranquil waters, this location truly captures the essence of island living.
With access to premium hotel amenities like a pool, fitness center, and concierge services, this unit is not only a perfect vacation retreat but also an outstanding investment opportunity.
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Great Investment Property
Attractive Rental Yield
2024 annualized net property income of approximately $20,000.
Turnkey Management
Take over existing and ongoing reservations via an included management package for hassle-free ownership.
Flexible Usage
Easily block dates for personal stays through the management platform.
About the RWA
Here is what you need to know:
- RWA: Represents full ownership rights securely stored in your digital wallet.
- Sale Platform: The sale will take place on the Propy RWA Marketplace.
- Sale Currency: The RWA sale will be held using USDC.
- Participation Eligibility: Only whitelisted buyers can participate and access property documents.
- Secure Ownership: Your ownership is protected against wallet hacks, lost wallet access or identity fraud.
This unique Propy RWA includes:
- Access to ownership transferred paperwork stored onchain
- Digital collectible featuring the property’s picture
Presented by:
Damon Rhys & Christine Kim
Damon Hawaii Pacific International Properties & H2O Pacific Properties
Real-World Asset Explained
What is an RWA?
A Real-World Asset (RWA) token is like a digital certificate of ownership, stored securely on the blockchain.
Each token is unique and can represent anything — art, collectibles, or physical real estate. For property, this means ownership can be easily verified, transferred, or sold with full transparency and ease.
It also unlocks new possibilities, such as fractional ownership, faster transactions, and even borrowing against the value of your property — all with the security and efficiency of blockchain technology.
Why buy RWA?
Transparency and Security
Blockchain technology provides immutable records of ownership and transactions, reducing fraud.
Speed & Efficiency, Lower Costs
Leverage smart contracts to automate the buying process, making it fast, secure, and seamless for buyers. By eliminating intermediaries, transaction costs can be reduced by up to 10%.
Unlock Instant Onchain Liquidity
Tokenized assets can be borrowed against. Use your RWA as collateral for fast, secure DeFi loans.
Not Fractional Ownership
You own 100% of the asset.
How It Works
Step 1
Join the Waitlist
Join our waitlist to receive latest updates.
Step 2
Provide Your ID to Get Verified
To comply with real estate laws we need only your ID verified.
Step 3
Review and Acknowledge Acceptance of Property & Sale Documents
Once your KYC is approved, you’ll unlock full access to all property documents and disclosures. The property documents will include inspection reports, comparables, legal and financial disclosures, as well as RWA sale documents.
Step 4
Prepare for RWA Sale
The sale window is open for 48 hours. Once the sale starts, pre-approved buyers can submit and modify their offers in USDC in real time. If a higher offer comes in, you'll have the chance to adjust your offer accordingly. In case you don’t hold the winning offer at the end of the RWA sale, your funds will be released to your wallet.
Step 5
Seamless Ownership Transfer
If your offer is accepted, congratulations — you’ve officially won! Congratulations on your new purchase! You’ll soon receive an email from our team with the next steps.
Important
To participate, you must connect your wallet (e.g., MetaMask or Coinbase Wallet) to our system and ensure it has a small amount of ETH to cover transaction fees, regardless of whether you bid with USDC, ETH, or BTC, or apply for a loan.
FAQ
The NFT itself is only a vehicle used to effect the transfer of property rights and it is sufficient proof of those property rights but it is not the only proof of those property rights because Propy maintains a register of the owners of those property rights. In the event of loss of the wallet or of access to the wallet, Propy has all the information necessary to identify the rightful owner and restore those property rights, and even, if necessary, issue a new NFT with the same properties as the lost one.
For cases of compromised or stolen wallets or even stolen NFTs, see Q/A #1.
This is quite possible and easy. All an NFT owner has to do is to inform Propy of their intention to sell the property in a traditional sale and Propy will arrange for the property to either be conveyed to the buyer directly or to be conveyed first to the NFT owner who can subsequently do whatever they want with the property. However, in the case of a traditional sale, the NFT will be burned.
Global Access: NFT sales are global and can be done with cryptocurrency. This ensures high liquidity, which translates to either a higher price for the seller or a faster sale, or a combination of the two.
Speed: NFT transfers are much faster, often completed in minutes, compared to weeks for traditional transfers.
Automation: Smart contracts automate the process, reducing intermediaries.
Transparency: Blockchain provides an immutable public record, enhancing transparency.
Security: Deeds are stored onchain encrypted, preventing fraud and hacks.
