In Brief:
- PRO tokens will be awarded to users who participate in a range of educational and transactional activities on Propy.
- Firm continues to develop innovative solutions that make it easier for consumers.
- CEO Natalia Karayaneva said that expressed her excitement for the news project.
The leading blockchain-based real estate transaction platform Propy has announced that users on its desktop and mobile iOS app will be rewarded with PRO tokens for participating in various educational and transactional activities.
Residential transactions will be processed in three ways by the new iOS app and PC version: standard dollar payments, crypto payments, and NFT transactions.
The firm continues to develop innovative solutions that make it easier and faster for consumers and agents to transact real estate using traditional wire payment methods as well as cryptocurrency-based transactions, or NFT transactions, as it recently announced that it can now accept digital earnest money transfers for traditional dollar transactions and made the first-ever NFT in real estate this year. The Crypto Real Estate Alliance oversees the decentralized distribution of tokens.
CEO Natalia Karayaneva said that “I’m excited about this new program that will enable users to earn tokens simply by doing real estate transactions on the blockchain − submitting offers, closing deals, inviting participants to a transparent tracking flow − and learning about cryptocurrency, blockchain, and NFTs.”
She further added by saying, “the new iOS app provides additional ways for real estate professionals in the US to participate in the innovation. They effectively are becoming the “blockchain miners” of the industry.”
At the same time, any real estate agent can earn tokens by downloading the app and attending educational programs, those who join Propy’s “invite-only” Transparent Agent Program will have access to extra features such as an NFT Marketplace, integrated escrow and title services, and referral opportunities. It can be used by both buyers and sellers in the United States.