Market Rank | #641 |
---|---|
Market Cap | $ 75.3M |
Volume 24h | $ 3.0M |
Circ. Supply | 57.9M |
Total Supply | 100.0M |
Max Supply | 100.0M |
Genesis Date | 18/7/2017 |
As per the most recent data, the current price of Propy (PRO) is $ 1.30.
Propy (PRO) is a decentralized real-estate marketplace that leverages advanced blockchain technology to facilitate real-time unified transactions. The platform was designed to streamline the process of buying and selling properties, aiming to reduce fraud and redundancy often associated with real estate transactions. As of now, Propy prides itself on being the world’s first international real-estate marketplace based on blockchain.
At present, who exactly created Propy is not clearly specified. What we do know is that it's the result of the collaborative efforts of a team of blockchain experts, real estate professionals, and software developers. They all came together with a common vision of revolutionizing the global real estate market through blockchain technology. You can find more information about the team on the official Propy website.
Propy works by providing a platform where buyers, sellers, brokers, and escrow agents can come together to facilitate real estate transactions. All the involved parties can interact, execute agreements, and settle transactions within a single platform.
When a property is listed on Propy, it’s assigned a unique identifier that's recorded on the blockchain. This assures the uniqueness of each property, thereby reducing the risk of fraud.
Aside from that, all transactions made through Propy are written onto the blockchain, creating a permanent and tamper-proof record. Thus, the issue of having multiple ownership claims on the same property is virtually annihilated.
What makes Propy truly unique is its ingenious use of blockchain technology to solve real-world problems in the real estate industry. The platform's key selling point is its ability to facilitate faster, more secure and efficient property transactions. It achieves this by decentralizing the process and eliminating the need for multiple intermediaries that slow down the transaction process.
Using the Propy platform, users can execute every step of a real estate transaction online, knowing that every piece of data is securely recorded and easily block-verified.
As of right now, the available circulating supply of Propy (PRO) is 57.9M.
The present market capitalization of Propy (PRO) is $ 75.3M.
Propy (PRO) can be purchased on the following cryptocurrency exchanges: CoinEx, Huobi, DigiFinex, Coinbase Pro. Please note that it's important to carry out adequate research and use trusted exchanges when purchasing cryptocurrencies.
In the last 24 hours, Propy (PRO) has decreased by -0.79%. However, keep in mind that cryptocurrency prices can be highly volatile and may fluctuate rapidly.
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