article thumbnail

Blockchain startup Propy plans first-ever auction of a real apartment as a collectible NFT

TechCrunch

We previously wrote about Propy using blockchain technology to smooth real-world real estate sales by introducing the concept of smart contracts. Propy was the first blockchain startup to make that work. Now the company is pushing the boundaries again, by auctioning a real apartment as an NFT.

article thumbnail

Republic’s metaverse real estate arm spins off, rebrands as Everyrealm

TechCrunch

Over $500 million worth of real estate was sold on the top four metaverse platforms in 2021, data shows. Traditional real estate companies are amongst the many investors flocking to stake their claim on plots of land in virtual worlds like Decentraland and Sandbox.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Propy launches NFT platform in the US, allowing real-world property to be bought as an NFT

TechCrunch

Last year we covered how early blockchain startup Propy planned to use the technology to smooth real-world real estate sales by introducing the concept of smart contracts. Propy’s plan is to scale this offering globally, providing a single framework for purchasing real estate using blockchain technology.

article thumbnail

SmartZip Brings Real Estate Data to the Blockchain with Chainlink

CTOvision

The Chainlink node serves as secure blockchain middleware that makes existing SmartZip APIs compatible across leading blockchain networks. Through this new Chain Link node, SmartZip can supply their proprietary real estate data including property prices, rental […].

article thumbnail

Generative AI is building the foundation of proptech’s next wave

TechCrunch

Kunal Lunawat Contributor Share on Twitter Kunal Lunawat is co-founder and managing partner of Agya Ventures , a venture capital firm focused on real estate tech, blockchain, AI and sustainability. We believe this represents a significant opportunity for real estate tech entrepreneurs.

article thumbnail

Blockchain breakthroughs: A tech revolution told in whitepapers

CIO

Blockchain is one of the great blindsides in the history of technology. The basic idea of leveraging blockchain to build Turing machines was introduced there. In a sense, the blockchain structure enables code to describe a variety of verifiable agreements between people and systems. . Peercoin and proof of stake.

article thumbnail

a16z says ‘WeBack’ to WeWork’s Neumann with its biggest check ever

TechCrunch

The storied venture firm wrote its largest individual check ever, at $350 million, to Flow, Neumann’s new residential real estate company focused on rentals, the New York Times reported today. Adam Neumann’s blockchain-based redemption story now sponsored by a16z.