ONN – TechCrunch Founder Michael Arrington’s Ukraine Apartment World’s First Real Estate NFT – video by the YouTube channel in the video’s upper left hand corner.
TechCrunch Founder Michael Arrington’s Ukraine Apartment World’s First Real Estate NFT
Yep. Michael Arrington’s apartment in Ukraine, Kyiv is the world’s first real estate NFT, or non-fungible token.
According to the web report:
This studio apartment was the first residential property sold using a smart contract on the blockchain back in 2017, so it made sense for it to be the first residential property sold as an NFT.
Located in the popular residential neighborhood of Svyatoshino in the western part of Ukraine, Kyiv, the apartment is brand new and tastefully finished. It is a studio apartment with a full kitchen and a full bathroom. An NFT Art Piece on the wall and a printed cyberpunk picture with licensed rights are also included in the deal.
This unique collectible NFT will include:
• Access to apartment ownership transferred paperwork
• Apartment digital image
• A unique digital art NFT by a famous Kyiv graffiti artist, Chizz (a physical painting of the digital artwork on a wall of the apartment)
The opportunity is presented by Propy, which is the “world’s leading real estate industry innovator in the automation of transactions using blockchain technology”.
Considering that NFTs have cooled in value, and Michael didn’t make up his bed, it will be interesting to see what happens with this.
Not Seen Michael Arrington In A Long Time
Regular viewers of Zennie62 YouTube and readers of my blogs including Zennie62.com, remember that the founder of the first startup tech blog was also a friend who was always willing to share advice on starting a tech startup. Mostly, what I learned from Michael could be summed up in one word: confidence. I also met a ton of people via his parties and events – like the August Capital Party:
And made some blog news history, too:
Stay tuned. #RealEstateNFT #NFT
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