🏢 PropyKeys Launches Base-Based Dapp: Revolutionizing Real Estate Ownership 🏠

PropyKeys, launched on Coinbase's L2 network Base, enables users to generate a digital address for a real-world property - including famous landmarks worldwide.

PropyKeys launches a unique Dapp with advanced features for minting addresses and deeds on-chain incorporating Base, RWA, AI, and NFT technologies.

Gamified platform PropyKeys has just unveiled its revolutionary decentralized application (Dapp) called Base. This Dapp allows users to mint property addresses and deeds on the blockchain, along with a host of exciting new features.

🚀 This project is part of the larger Propy ecosystem, dedicated to leveraging blockchain technology for real estate solutions.

PropyKeys aims to disrupt the traditional barriers to entry in the $280 trillion real estate sector. By eliminating high title fees, operational inefficiencies, and combating deed theft, the platform strives to make homeownership more accessible and user-friendly.

The Dapp has been built on Coinbases’s Layer-2 (L2) network, Base, which enables users to create digital addresses corresponding to real-world properties. This includes notable landmarks around the globe.

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To power its operations, PropyKeys utilizes the PRO token, providing a seamless user experience and added functionality within the ecosystem.

✨💡 PropyKeys: From Closed Beta to Public Launch 💡✨

Following an exclusive beta testing phase, PropyKeys has officially gone public. During the invite-only beta, nearly 1,800 addresses were minted, including 300 global landmarks. This remarkable adoption showcases the demand for innovative real estate solutions on the blockchain.

🏠💻 Making Property Ownership Transparent and Immutable 💻🏠

PropyKeys is determined to democratize real estate ownership through its cutting-edge platform. By minting digital versions of home addresses and storing property deeds on the blockchain, the platform ensures that transactions are efficient, cost-effective, and secure. It leverages blockchain’s security features to establish transparent and immutable property ownership and transactions.

📍 According to the blockchain data analytics platform, Dune, PropyKeys can be likened to domain names like X.com or Vitalik.eth. Just as these domain names were minted and later sold to brand owners, real estate addresses on the blockchain operate on a similar principle. Early adopters can profit from their foresight by owning desirable addresses and later transferring ownership to the corresponding property owner for additional staking power.

🌊💰 Making Real Estate Liquid in a Crypto-Native Way 💰🌊

PropyKeys drives value for investors, property owners, and stakeholders by securing deeds on-chain and making real estate more liquid in a crypto-native way. With PropyKeys, anyone can own a digital representation of real-world properties and be rewarded for it. It effectively combats deed fraud by securely recording property deeds on the blockchain, ensuring authenticity and ownership verification.

The platform offers different tiers of NFTs (Non-Fungible Tokens) to cater to various needs:

1️⃣ Tier 1 NFTs (Home Addresses and Landmarks): These NFTs represent digital versions of home addresses or landmarks. They provide staking power and enable real owners to claim their property digitally.

2️⃣ Tier 2 NFTs (Deed NFT): This tier secures the property’s deed on-chain with encryption and storage on IPFS. It addresses concerns over deed fraud and vulnerabilities in county database systems, providing digital titles for properties.

3️⃣ Tier 3 NFTs (RWA NFT): These NFTs convert homes into real-world assets, paving the way for potential future applications as on-chain collateral.

🎉⚙️ Series of New Features: RWA, AI, and NFTs ⚙️🎉

PropyKeys is introducing a range of exciting features to provide an engaging and accessible introduction to real-world asset (RWA) tokenization.

The platform has implemented a staking mechanism that rewards users with PRO tokens for their contribution to minting and safeguarding on-chain addresses and title deeds.

Notably, users can now mint personalized and detailed AI-generated global landmark NFTs, such as the White House or Big Ben. These AI-generated landmarks offer minters the ability to customize their NFTs with their favorite cryptocurrency logos and styling, making each NFT a unique digital collectible.

PropyKeys NFTs provide a secure method for representing property ownership on the blockchain while rewarding users. These digital assets also enhance the liquidity of real estate as they can be traded on NFT marketplaces supporting the Base network. In fact, a landmark NFT of Hollywood recently sold for 1 ETH on the OpenSea marketplace.

🔮✨ Future Outlook and Recommendations ✨🔮

PropyKeys has set a new standard for property deed security, transitioning from traditional paper-based systems to digital, algorithm-secured systems. The platform’s innovative approach addresses critical issues like deed fraud and security risks while providing a clear, immutable record of property ownership on the blockchain.

As blockchain continues to revolutionize the real estate industry, PropyKeys is at the forefront of this transformation. With its user-friendly Dapp, unique NFT offerings, and commitment to transparency and security, PropyKeys is well-positioned for success.

📚 References:

1. Polygon Render Token Price Prediction – Everlodge Reshapes Real Estate Tokenization
2. Genesis Global Trading Settles With NYDFS, Pays $8 Million Penalty & Surrenders BitLicense
3. Twitter: PropyKeys
4. OpenSea: The World’s Largest NFT Marketplace
5. Polygon NFT Volume Hits 6-Month High, Igniting Renewed Interest in Layer-2 Scaling Solution
6. Follow Us on Google News
7. PropyKeys AI-Generated Landmark NFT
8. PropyKeys Real-World Asset NFT

📢 Share your thoughts and opinions on PropyKeys. How do you see blockchain transforming the real estate industry? Let’s discuss in the comments below!

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