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What is a Real-World Asset (RWA)?

Its Context in Real Estate Explained

A Real-World Asset (RWA) token is like a digital certificate of ownership, stored securely on the blockchain. We also like to refer to it as Asset OnChain.

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 faster transactions, and even borrowing against the value of your property — all with the security and efficiency of blockchain technology.

Buying Real Property RWAs on Propy’s Onchain Marketplace

Real estate onchain assets can be bought and sold just like any other digital asset. These properties are purchased using cryptocurrency (usually chosen by the seller) and are held in a digital wallet. To ensure full compliance, it is important to note that a real property RWA purchase requires the completion of a "Know Your Customer" (KYC) form. Additionally, prospective buyers must be whitelisted before they are eligible to submit an offer. Propy makes purchasing an RWA property seamless and efficient because RWA Marketplace was specifically developed to support these types of transactions.

Our upcoming real property sales in Hawaii will use USD Coin (USDC). USDC is a “stablecoin” that is “pegged” to the U.S. Dollar, so it doesn’t have the volatility of other cryptocurrencies. 1 USDC will always equal $1.

Why buy a Real World Asset?

How To Prepare For an RWA Sale on the Propy Marketplace

1. Connect or Create a Metamask Wallet/Coinbase Wallet

Watch a short, "how-to video" here. You will need a Metamask/Coinbase wallet to participate in the onchain property sale process.

2. Fund Your Wallet

Add the required amount of cryptocurrency that you plan to offer for the property. Ensure your wallet is adequately funded for your intended offer.

3. Complete the Required KYC Form

Submit the mandatory Know Your Customer (KYC) form to verify your identity. You will need to upload a valid government-issued ID or passport as part of this process.Watch a short, step-by-step "how-to video" here.

4. 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.

5. Submit an Offer

The sale window is open for 24-48 hours. During this time, pre-approved buyers can submit and modify their offers in USDC in real time. If a higher bid is placed, you’ll have the opportunity to adjust your offer accordingly.