Propy introduces a way to buy property using Bitcoin or Ether without selling or paying taxes on profits. Crypto-backed loans and tokenized properties make real estate investment seamless.
Propy acquires a property, converts it into a digital token, and forms an LLC for ownership transfer. This token can be easily shared, traded, or converted back into traditional ownership.
Using crypto as collateral, buyers can secure a loan without selling their assets. If the crypto value doubles, they can repay the loan using only their gains, keeping their investment intact.
A condo in Honolulu, Hawaii, is available for $250,000 through Propy starting January 29. Buyers can purchase it using a crypto-backed loan, making real estate transactions faster and easier.
Propy earns 5% on crypto transactions and is building the infrastructure for blockchain-powered real estate. This $300 trillion market could revolutionize home buying and asset trading.
With tokenized properties, real estate transactions become faster, cheaper, and tax-efficient. Propy is proving that blockchain can transform the way people buy and sell homes.