Global property store with decentralized title registry.
Propy’s vision is to ultimately enable a global real estate market with a unified real-time purchase interface and a decentralized title registry. It is being designed to allow real estate assets to become more liquid while providing users with greater control over the transaction process.
To achieve that goal, Propy intends to further the development of a new ecosystem of token holders, brokers, governments and end users incentivized to support the transition to a seamless, secure, and globally recognized real estate transaction network.
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.
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 aims to solve the problems facing international real estate transactions by creating a novel unified property store and asset transfer platform for the global real estate industry. Initially the Propy Registry will mirror official land registry records in which transfers of real estate are recorded.
Ultimately, however, Propy’s vision is that jurisdictions will adopt the Propy Registry as their official ledger of record such that the transfer of a property on the Propy Registry constitutes the legal transfer of the property and the legal registration of that transfer.
The unsold tokens will remain frozen in the original Master Wallet by Ambisafe.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
15 Aug 13:00 UTC
15 Sep 13:00 UTC
|1. USD||2% - 15%||-||Uncapped||35,000,000 PRO|
|1. USD||15%||-||Uncapped||11,000,000 PRO|
The purchasers of Sale Tokens sold in the first hour of the Crowdsale will receive 0.15 Bonus Tokens for each Token purchased.
The purchasers of Sale Tokens sold between the 2nd and the 24th hour of the Crowdsale will receive 0.1 Bonus Tokens for each Token purchased.
The purchasers of Sale Tokens sold between the 2nd day and the 7th day of the Crowdsale will receive 0.05 Bonus Tokens for each Token purchased.
The purchasers of Sale Tokens sold between the 8th day and the 14th day of the Crowdsale will receive 0.03 Bonus Tokens for each Token purchased.
The purchasers of Sale Tokens sold between the 15th day and the 21st day of the Crowdsale will receive 0.02 Bonus Tokens for each Token purchased.
Real estate marketplace launched
Transacting tool in production