Propy

Generation

April

Miami, FL, April 26th, 2024, Chainwire
 
PropyKeys sees 150k addresses minted onchain just weeks after the platforms launch marking rapid growth and adoption
<a href="https://propykeys.com/" rel="nofollow noopener" target="_blank">PropyKeys</a>, a pioneering ecosystem project within the Propy ecosystem, has facilitated the minting of over <a href="https://dune.com/propykeys/propykeys" rel="nofollow noopener" target="_blank">150,000 real estate addresses or landmarks</a> as Non-Fungible Tokens (NFTs) onchain. PropyKeys has created an onchain database with the ambition to onboard one million home addresses worldwide. The project is estimated to bring real estate assets worth $10 billion onchain.
PropyKeys has rapidly gained momentum and successfully scaled to meet demand, with over 150,000 minted addresses achieved since the <a href="https://thedefiant.io/news/defi/tokenized-real-estate-project-propykeys-announces-public-launch" rel="nofollow noopener" target="_blank">launch on March 13th</a>. This remarkable growth underscores the enthusiasm and interest within the real estate and web3 communities for innovative solutions to secure their property rights onchain.&nbsp;
The recent high-profile launch event, which featured prominent guest speakers such as Cathie Wood, Tim Draper, and Anthony Pompliano, was an exciting showcase of the significance that PropyKeys represents at the intersection of real estate and blockchain technology, receiving significant endorsement from key industry leaders.
"PropyKeys represents a monumental step towards democratizing access to real estate ownership through blockchain technology.” Andrew Zapo, COO of PropyKeys. “Our platform not only provides an innovative solution that stands to drastically improve security, efficiency, and access all while empowering individuals worldwide to participate in the digital real estate revolution."&nbsp;
PropyKeys Leads with Crypto-Native Real Estate Solutions
Incorporating engaging gamification elements, PropyKeys has attracted thousands of participants to daily challenges, fostering a vibrant and interactive ecosystem. The project has also curated a global landmark AI NFT collection, leveraging the transition of real estate onto the blockchain. The recent sale of collection artifacts, conducted in partnership with <a href="https://rarible.com/propykeys/owned" rel="nofollow noopener" target="_blank">Rarible</a>, includes iconic landmarks like Central Park, Westminster Abbey, and the Verona Arena.
In the run up to 150k, Propy also integrated <a href="https://www.cryptonewsz.com/propykeys-integrates-chainlink-automation-for-efficient-staking-reward-disbursement/" rel="nofollow noopener" target="_blank">Chainlink Automation</a>, a decentralized service designed to manage tasks for smart contracts to ensure reliable and economically incentivized automation, onto the platform to distribute staking rewards. Notable features include highly reliable and performant automation, cost-saving infrastructure, scalability, and the unlocking of new use cases to ensure the best and most secure possible user experience.&nbsp;
Tokenized Real Estate for a New Generation of Owners
PropyKeys is built on Base Network and accepts $PRO, Propy's native token, providing users with flexibility in minting on Ethereum mainnet or Base. Additionally, the platform offers US users the ability to mint their deeds onchain, addressing concerns about deed fraud and ensuring ownership security. With its rapid growth, strategic partnerships, and commitment to innovation, PropyKeys is poised to revolutionize the way buyers, sellers, owners, and agents operate in the real estate market, opening it up to new participants while making it more secure than ever before.&nbsp;
About PropyKeys:
PropyKeys, a gamified platform within the Propy ecosystem, aims to redefine real estate ownership through blockchain technology. Launched in March 2024 on Base, PropyKeys allows users to mint digital addresses and deeds for real-world properties. With features like AI-generated landmark NFT minting and a novel staking mechanism, PropyKeys is setting new standards for property ownership in the digital age.
Contact: patrick@serotonin.co
 
<h5>Contact</h5>COO Andrew Zapo PropyKeys andrew@propykeys.com 
 
 
Disclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

PropyKeys Onboards 150k Addresses Onchain (26 Apr)

Chainwire

Other articles published on Apr 26, 2024

Ripple vs. SEC lawsuit: Key deadlines announced for April and May

BlackRock’s Bitcoin ETF (IBIT) Continues To Hit Zero Inflow! Here’s What It Means For BTC Price

Trader Who Turned $15K Into $5M Predicts These 4 Meme Coins To Emulate The Success Of DOGE, SHIB,...

Market Expert Who Predicted Dogwifhat (WIF) Binance Listing Has Accumulated Massive Bag of New So...

Ripple dumps the remaining 100 million XRP of April’s sell-off

Ethereum: What $781 million outflows in 7 days means for ETH’s prices

Join our free newsletter for daily crypto updates!