The World's 1st Blockchain-enabled Title & Escrow

July with Propy

August 2, 2024

As summer heats up, the Propy team continues to push the boundaries of innovation in the real estate world. With July now behind us, it’s the perfect time to look back and celebrate some of our key achievements.

The past 30 days have been a whirlwind of activity — attending global events, forging strategic alliances, and showcasing high-profile listings on Propy — all propelling our vision of effortlessly storing and transferring property rights on the blockchain.

Now, let’s delve into how we’re pioneering a future where real estate transactions are more transparent, efficient, and secure.

Vitalik Buterin: Real Estate Onchain

Property rights on-chain are igniting profound interest, not only among RWA players but also among major industry leaders and influential Web3 figures.

At EthCC, our team attended a presentation by Ethereum’s visionary Vitalik Buterin. Propy’s co-founder, Denitza Tyufeckchieva, seized the moment to pose a crucial question: Could blockchain-based property rights, particularly in real estate and titles, be the next monumental leap in Web3?

Vitalik’s response was profound. He articulated that digitalization is merely the first step, and underscored the concept of “blockchainization” of real estate as the text step. He highlighted that

“If you go from digitizing to blockchainizing, then you actually get a much more direct ability to get approved on things about your current ownership”.

Dive into Vitalik’s key insights on property rights onchain.

Dive into the full piece for key insights from Vitalik on property rights.

Watch Vitalik’s full discussion on property rights onchain.

Watch the complete video of Vitalik discussing property rights.

Grant Cardone Lists His $42M Florida Home on Propy

With approximately 28% of young homebuyers interested in cryptocurrencies and 31% in real estate, prominent figures are increasingly seeking ways to integrate the two.

In line with this trend, renowned American author and entrepreneur Grant Cardone has chosen Propy’s platform to list his $42 million estate in Golden Beach, Florida. This strategic decision not only underscores blockchain’s transformative potential in the real estate sector but also highlights how industry leaders are embracing cutting-edge technology to facilitate and secure the transfer of high-value assets. We are elated that such distinguished individuals recognize the advantages of the Propy platform and are joining us in shaping the future of real estate.

Discover why Grant Cardone supports onchain property rights

The latest updates on PropyKeys

In a remarkable achievement, PropyKeys has surpassed the milestone of 250,000 minted addresses! This significant milestone underscores the growing community interest in leveraging Web3 technology to bridge the gap between digital and physical assets.

To commemorate Ethereum’s birthday, PropyKeys hosted an exclusive 24-hour AI Landmarks minting event. The celebration extended to New York City, where we held an exclusive VIP party under the summer sky. This event provided an ideal setting for community members to connect, network, and celebrate the groundbreaking advancements in on-chain real estate.

Propy Joins Forces with Parcl

To sustain our momentum and drive innovation, forging strategic partnerships is essential. In July, we proudly announced our collaboration with Parcl, a distinguished DeFi protocol renowned for its pioneering real estate data integrations.

Leveraging Parcl’s advanced analytics and real-time housing data, Propy customers will benefit from unparalleled accuracy and transparency in property valuations. This integration significantly enhances Propy’s valuation and analytics capabilities, especially within the PropyKeys initiative. Therefore, Propy users now have access to cutting-edge resources, empowering them to navigate the on-chain real estate market with confidence and precision.

Propy at Events

In July, our CEO, Natalia Karayaneva, delivered an impactful speech at the Real-World Asset Summit in Brussels. As a featured speaker on “The Bull Case for Real Estate Tokenization,” she addressed the transformative potential of blockchain technology in revolutionizing real estate transactions. Natalia also illuminated key industry trends and presented Propy’s forward-looking vision for harmonizing digital assets with property ownership.

Catch the full panel discussion here

Propy Featured in Forbes Article

We are delighted to announce that Propy has been prominently featured in a recent Forbes article authored by the esteemed Sandy Carter, COO of Unstoppable Domains and a distinguished technology leader with an illustrious career at AWS and IBM.

In her perceptive piece, Sandy Carter reflects on her experiences at the World Economic Forum in Davos, highlighting tokenization as a pivotal area of interest among global thought leaders and pioneering innovators.