Propy ICO Propy ICO

Propy ICO

Propy is a decentralized real-estate market place backed by superior blockchain infrastructure to facilitate real-time unified transaction in order to reduce fraud and redundancy. Propy is the world’s first international real-estate marketplace. The team at Propy.com has facilitated connections between international entities to enable the seamless purchase of international real-estate online for the first time on a trustless title registry platform.
past
Aug 15, 2017 — Sep 15, 2017
Raised 15 370 280 USD
Cap 35 000 000 USD
Prices
  • From Aug 15, 2017 Till Sep 15, 2017 —
    1 PRO
    =
    1 USD

About Propy

To make an international Real-Estate purchase, individuals need to work with multiple intermediaries including Brokers, Escrow services, Land Registry Services, as well as Money Transmitters. Piles of paperwork need to be compiled and signed.

Serious fraud happens on a regular basis due to confusing or malicious legal agreements. Property transfer requires months of waiting. This inefficient communication significantly hinders liquidity, reducing potential value for buyers and sellers.

Propy works with current legislation to facilitate transactions while also providing a superior blockchain infrastructure which can be adopted by various entities to reduce redundancy and fraud.

For example, Propy has agreements with Land Registries/Recording offices to use blockchain hashes for each ongoing transaction.

Stats

Total Supply 100,000,000
Standard Ethereum ERC20
Type Utility token type
Grants

- Write-access in Propy Registry
- Rewards

Features

- Aggregates property listing from prominent global cities and advertises them to foreign investors in their native language
- Provides each home listing with information for foreign buyers and with a unique innovative Sustainability Score for homes
- Brokers and real estate corporations will use the system to more easily access foreign buyers and to close transactions instantly and securely online
- The consumers (buyers and sellers) will be able to trade real estate assets in real time faster, cheaper and more securely
- Propy Utility Tokens (PRO) serve multiple functions, including economic incentives for the community to attract new users and partners, and security — as a fee to protect the registry from flood and other types of abuse

Technical Info

Technical details: 
The Mobile App is already available for iOS: https://itunes.apple.com/us/app/propy-buy-and-rent-properties-overseas-and-home/id1017369540 The main functions of Propy can be described in the following four (4) points: • Multi-language system (Starting with English, French, Arabic, Mandarin, Russian) • Reliable, international and up-to-date property data base • Tools for owner-agent-buyer relations • Sustainability rating to encourage sustainability in the real estate sector.
The source code: 
No
Proof of developer: 
Public team

Roadmap

  • 15 Sep 2016

  • Real estate marketplace launched
  • Real estate marketplace launched

  • 15 Dec 2016

  • Transacting prototype
  • Read More
  • Transacting prototype

  • 25 Jul 2017

  • Token sale
  • Tokensale

  • 15 Oct 2017

  • Beta testing
  • Beta testing

  • 15 Dec 2017

  • Transacting tool in production
  • Transacting tool in production

  • 20 jul 2020

  • P2P transactions
  • P2P transactions

Activity

Posts:
590
VERY HIGH
Followers:
5 739
HIGH
Likes:
5 465
HIGH
Followers:
8 400
HIGH
Tweets:
535
VERY HIGH
Members:
2 783
MEDIUM
Alexa
Rank:
191 399
HIGH
Delta:
130 902

Team

Verified 8%

Attention. There is a risk that unverified members are not actually members of the team

Chief Blockchain Architect
unverified
CTO
verified
Maria Angelova
CFO
unverified
John Wong
Business development, China
unverified
Business development, Europe
unverified
John Heeter
Solidity developer
unverified
Ivan Ivanov
Mobile developer
unverified
Blockchain architect and researcher
unverified
Nedialko Vatev
Product manager
unverified
Blockchain Engineering, Ethereum Architect, CEO, A...
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Michael Arrington
Advisor
unverified
Daniel Kottke
Advisor
unverified
David Cowan
Advisor
unverified

4.17

positive
5.0 10
ICO Profile Vision Activity Potential Product Team

icorating
-
icobazaar 3.8
icobench 4.4

Collected:
0 USD
The amount in USD is calculated at the closing date of the ICO
Goal: Cap: 0 USD ICO: 15 Aug 2017 15 Sep 2017

Please read the disclaimer and risk warning. Show disclaimer and risk warning.