Propy - Global Property Store

Propy is the world’s first international real-estate marketplace. The team at Propy.com facilitates connections between international entities to enable the seamless purchase of international real-estate online for the first time.

STO/ICO Status

Status
Successful
Symbol
PRO
Start Date
2017-08-15
End Date
2017-09-15
Amount Raised
15106944 USD
Token Supply
100,000,000
STO/ICO Website Owner of Propy?
Claim this listing and publish updates.

Basics

PlatformEthereum
TypeERC20
AcceptingOthers
Circulating SupplyN/A
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

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 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.

Stats

Total Supply 100,000,000
Standard Ethereum ERC20
Type Utility token type
Grants

- Write-access in Propy Registry
- Rewards

Team View All

Michael Arrington
Michael Arrington
Daniel Kottke
Daniel Kottke
David Cowan
David Cowan
Vinny Lingham
Vinny Lingham
Mike Costache
Mike Costache
Bruce Cahan
Bruce Cahan