Customers can earn PRO tokens by minting and storing onchain addresses and title deeds.
PropyKeys, a tokenized actual property undertaking deployed on Base, an Ethereum Layer 2 community, has opened its doorways to the general public.
Anybody can now use the PropyKeys app to mint digital addresses equivalent to bodily properties, starting from house addresses to international landmarks. The undertaking goals to boost property deed safety by shifting from paper-based to digital methods on the blockchain, thereby combating deed fraud and streamlining the method of shopping for and promoting properties.
PropyKeys is part of the Propy ecosystem, whose PRO token is up 45% prior to now month however stays 85% beneath its 2018 excessive.
Immediately, the platform is introducing a staking mechanism that rewards customers with PRO tokens to mint and safeguard onchain addresses and title deeds. Moreover, customers can mint AI-generated international landmark NFTs, which may be customized with cryptocurrency logos and styling.
Throughout a two-month beta testing section, practically 1,800 addresses had been minted, in response to a Dune dashboard. Holders have the choice of transferring the NFTs to the corresponding property homeowners in change for extra staking energy.
