Grant Cardone's innovative approach to real estate
Propy, a pioneer in blockchain and artificial intelligence-driven real estate solutions, recently announced that Grant Cardone, a well-known American entrepreneur, has put his mansion in Gold Beach, Florida on the market through Propy’s blockchain platform for a price of up to $42 million. The auction, which accepts cryptocurrency payments, marks Cardone’s first entry into the proptech industry and showcases his continued innovation in business and real estate.
Source: Propy Well-known American entrepreneur Grant Cardone has listed his mansion through Propy’s blockchain platform for a price of up to $42 million.
Propy’s platform utilizes decentralized title registration and escrow settlement protocols to ensure the security of land records and transaction details. This technology eliminates fraud and streamlines the home buying process, making it faster and safer. Buyers can choose to pay in cryptocurrencies, further modernizing the real estate market.
Grant Cardone said: "We fully support blockchain revolutionizing real estate. We are leveraging cutting-edge technology to make transactions seamless and unstoppable. This is the future of real estate and we are leading the revolution!"
Innovation and future prospects of the Propy platform
The property’s address is minted on the PropyKeys protocol, an on-chain address marketplace developed on Base Chain (Coinbase’s Layer 2 on Ethereum). PropyKeys plans to have 1 million home addresses on-chain by 2025. The Propy Marketplace offers the flexibility to pay in Bitcoin or USD, making transactions even more convenient.
Natalia Karayaneva, founder and CEO of Propy, added: “We are proud to be the platform of choice for high-end real estate sellers, providing better services to our community of high-net-worth individuals, investors and cryptocurrency buyers. Through Propy’s With an advanced blockchain track, compliant cryptocurrency and USD payments, and an unwavering focus on privacy, our customers can transact with confidence.”
She also noted: “Cardone’s properties are listed on Propy for Bitcoin and USD, and minted with our latest Privacy Covenant feature, which underscores our leadership at the intersection of real estate and cryptocurrency.”
Image source: Natalia Karayaneva (middle), founder and CEO of Propy Propy
For more information about the property and to schedule a viewing, interested buyers can visit Propy’s website and contact the listing agent. This auction not only demonstrated the potential of blockchain technology in the real estate market, but also created a new model for high-end real estate transactions.
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