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Conceptual Model

Propy has been building a decentralized, global propertystore. This online store will rely on Propy Registry, built on ethereum blockchain to track global real estate ownership, as well as PRO, a utility token to enable the development of a thriving, self-sustaining ecosystem around this database and token holders.

Project Description

Propy Utility Token (PRO) is built on the ERC20 token standard to allow for both simple integration into users’ wallets.Propy has a scalable business model. When a property is purchased, Propy takes a small percentage (starting from 0.2% and averaging 1%) of the final purchase price. Propy charges brokers per transaction.Propy  will be holding its ICO on July 25, 2017.

Founders and Associates

Nataila Karayaneva -CEO

Andrey Zamovskiy -Chief Blockchain Architect

Alex Voloshyn -CTO

Maria Angelova -CFO

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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
PRO Latest Updates
July 12, 2018

How to Get a Passport Through Real Estate Investment

As a global citizen, you’re encouraged to travel and do business internationally. Bureaucratic obstacles, such as having to get a visa, a work permit, or a permanent resident status card can be overcome by investing in property. Since your plans are often hindered — or can be stopped...

From: Eva Cildermane

June 14, 2018

Moving Straight Forward: Propy’s first transaction with a bidding process within the EU

Propy is set to make history with the first blockchain-powered real estate auction taking place in the real estate industryOn June 28th, Propy is set to make history with the first blockchain-powered real estate auction taking place in the real estate industry: Propy will be auctioning off an...

From: Eva Cildermane

April 25, 2018

Propy’s Roadmap 2018

Having recently wrapped up Q1 of 2018 we are proud to announce the launch of our new product roadmap! This roadmap illustrates our development plan for the next three quarters. Keep in mind that the blockchain space evolves rapidly so we have included in the roadmap only high-level features;...

From: Alexander Voloshyn

April 10, 2018

Why Chinese Love Crypto and Real Estate?

Two of the most popular asset classes for Chinese investors are Bitcoin and Real Estate. This is not surprising as both have been the better performing asset classes among the limited investment choices available in China. Unlike other asset classes, Bitcoin is not correlated to the Chinese...

From: Natalia Karayaneva

April 04, 2018

Four challenges for crypto entrepreneurship in 2018

Why do we need real-life proof of products on blockchain?2017 was a dramatic growth year within the blockchain industry: an unprecedented surge in token sales, bold hyperbolic promises, and regulatory bans. But Q1 2018 is showing a steady pull-back leaving some a little weary.The ICO trend is...

From: Natalia Karayaneva

March 29, 2018

Chinese Love for Real Estate and Bitcoin

Two of the most popular asset classes for Chinese investors are Bitcoin and real estate. This is not surprising as both have been the better performing asset classes among the limited investment choices available in China. Unlike other asset classes, Bitcoin is not correlated to the Chinese...

From: Propy

March 21, 2018

First Government Sanctioned Blockchain Recorded Real Estate Deal in the US

Building on its earlier pioneering work in Ukraine, in which an apartment changed hands across borders on blockchain and with the payment made entirely in cryptocurrency, Propy has just completed the first stage of its Vermont pilot program by completing the 1st ever government sanctioned,...

From: Alexander Voloshyn

March 12, 2018

Propy Completes the 1st Real Estate Deal Recorded on Blockchain

Propy continues to make real estate history — by completing the first-ever deal to be recorded on blockchain in the US: https://propy.com/188e5a3d.pngEarlier this year, we partnered with the government of South Burlington, Vermont to bring commercial use of blockchain technology to the...

From: Propy

Propy Completes the 1st Real Estate Deal Recorded on Blockchain in the US

Propy continues to make real estate history — by recording the transfer of legal rights on blockchain in the US:Earlier this year, we launched a pilot with the government of South Burlington, Vermont to utilize blockchain technology to record real estate conveyance documents. In February,...

From: Propy

March 06, 2018

Cryptoeconomics at Propy and How 100 Million PRO Will Be Distributed

Our Propy white paper was released on July 17, 2017. The extension of the white paper will be a token economy description. It will take some time and testing to develop it, and thus we are sharing some of the ideas in this blog post. Currently we have a Transaction Tool that requires PRO tokens...

From: Propy

January 31, 2018

Propy announces first US pilot with Vermont

Propy is pleased to announce the launch of a pilot project with the city clerk’s office of South Burlington, Vermont to utilize blockchain technology to record real estate conveyance documents. This project would not have gotten off the ground without the tremendous support of Vermont’s...

From: Leo Kahn

January 09, 2018

Securing Cryptocurrency Transfers

Despite the fact that cryptocurrency transfers are probably the safest way to transfer value, there are still serious security considerations about initiating the transfer itself. The wallet address is long and hard to remember, which opens the doors for hackers to spoof it. There are viruses...

From: Alexander Voloshyn

December 09, 2017

Realtors, get armed with Bitcoin and Blockchain knowledge

First 2 tipsLast week I took part in a panel discussion about Bitcoin and Blockchain, organized by the San Francisco Association of Realtors. The event was oversubscribed and fit 250 licenced brokers and agents. Only 3 people from the audience indicated they owned cryptocurrency, so it was a...

From: Natalia Karayaneva

October 13, 2017

Technical Overview: the first real estate deal on the blockchain

There has been a lot of news coverage on the first historic real estate purchase via Smart Contracts: The Wall Street Journal, MSN, NewsWeek, New Scientist and many more published articles about it. Here I will share the technical details of the deal itself:First of all, the deal was performed...

From: Alexander Voloshyn

September 11, 2017

PRO TOKENS WITHDRAWAL

Propy Token Sale is ending in less than 4 days! There is still time to participate until the 15th of September.As you know, PRO tokens withdrawal is currently restricted. After the token sale ends we will remove the restriction. Follow the updates on our channels where we will confirm the exact...

From: Propy

WHAT IS COMING UP AFTER THE TOKEN SALE

Propy’s Token sale ends in less than 4 days, on September 15th.It has been an exciting month for the team! Since the launch of our token sale, more than 14.5 million tokens (1PRO=$1) have been sold and about 5000 people took part in the sale. We have received over 33,700 ETH and over...

From: Propy

September 04, 2017

PROPY Token Sale & Security

In 2017 companies that have created tokens and coins have raised $1.27 billion and the number continues to grow. Such financial hype attracts hackers, who are creating a negative reputation for the crypto and blockchain technology. Our company Propy has been taking security measures from the...

From: Propy

July 26, 2017

Changing Legislation for P2P Transactions

Today, we are going to continue exploring the set of publications aimed to explain Propy’s development plans. In our previous publication we explained why governments and politicians should be interested in implementing of Propy’s platform or even may compete to implement it in the first...

From: Propy

July 23, 2017

Propy: Frequently Asked Questions

Our Propy team developed this practical FAQ, in order to address some of the most frequent questions received from our community.Make sure you follow Propy’s official channels, and subscribe to our newsletter for all new updates. We also invite you to read our official White Paper, for more...

From: Propy

July 20, 2017

≫ Official Statement on Security for Token Sales ≪

Cybersecurity is a number one topic in the ICO world after the recent hack of the Partity wallet and of CoinDash. This type of incidents only slow the progressive growth and adoption of cryptocurrencies. At Propy we understand the importance of cybersecurity and work hard to eliminate the risks...

From: Propy

July 19, 2017

Why should governments use Propy?

Propy has been publicly active for one year now and ever since, there has been a lot of discussion on how the team will deal with the legislations of different countries.First, it’s worth mentioning that the initial step requires no legislative changes at all. The platform can be tested in...

From: Propy

July 13, 2017

How exactly does the real estate market benefit from the Blockchain technology?

There are three main ways in which the real estate market benefits from Blockchain technology: it allows for more fast, more secure and fully transparent transactions.When transacting on the Blockchain, buyers and sellers can interact directly with each-other in real-time. With the help of a...

From: Propy

June 30, 2017

Propy Bounty Campaign

A bounty campaign is a PR event when a project is being promoted by its participants and supporters. Usually, the term “bounty campaign” is being used in crowdsale campaigns. Participation in such campaigns is rewarded with blockchain tokens offered for sale during a token sale. A reward...

From: Propy