Real Estate NFTs are Here
summary
A Kyiv apartment gets auctioned with an NFT minted on the Proppy platform, the same site used to buy it in 2017 with ETH and a smart contract; ownership sits in a U.S. entity and the NFT effectively transfers ownership of the LLC that holds the deed. The point is that a token is trivially transferable on-chain, unlocking DeFi paths like fractionalized shares for lending, yield and marketplaces, but real-world enforceability still depends on courts and government recognition.
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