Deep Dive
1. Purpose & Value Proposition
Propy addresses real estate's paper-heavy, fraud-prone processes by creating a unified blockchain infrastructure. It enables:
- Borderless transactions: International buyers can purchase U.S. properties using crypto (e.g., $14M Miami deal settled in USDT)
- Fraud reduction: Immutable property records prevent title disputes
- Efficiency: Smart contracts automate escrow and payments, cutting closing times from days to minutes
2. Technology & Architecture
Built as a multi-chain protocol (Ethereum, Base, Solana), Propy uses:
- DeedNFTs: Tokenized property titles stored on-chain
- Agent Avery: AI-powered escrow system handling KYC/AML and payment routing
- Smart contracts: Programmable workflows for offers, inspections, and ownership transfers
3. Tokenomics & Governance
The PRO token (100M fixed supply) enables:
- Access: Required to initiate transactions and mint DeedNFTs
- Validation: Stakers verify property data, earning PRO rewards
- Governance: Voting rights for protocol upgrades and treasury management
Revenue from transaction fees funds PRO buybacks, creating ecosystem circularity.
Conclusion
Propy fundamentally reimagines property ownership as programmable, blockchain-verified assets – merging real-world deeds with decentralized infrastructure. Will accelerating RWA tokenization position PRO as the backbone for global real estate liquidity?