EXCLUSIVE: PropyKeys Launches Dapp on Base, RWA, AI and NFT Features for Minting Addresses and Deeds On-chain
Gamified platform PropyKeys has announced the public launch of its Base-based decentralized application (Dapp) that enables users to mint addresses and deeds on-chain, accompanied by a series of novel features.
This is a project within the Propy ecosystem that’s working on blockchain-powered real estate solutions.
PropyKeys aims to address the challenges within the $280 trillion real estate sector, dismantle traditional barriers to entry (such as high title fees and operational inefficiencies), make homeownership more accessible and user-friendly, and combat deed theft.
The platform has been deployed on Coinbases’s Layer-2 (L2) network Base to allow users to mint a digital address – including global landmarks – corresponding to a tangible property.
Furthermore, PropyKeys is powered by the PRO token.
The launch follows two months of invite-only beta testing, said the press release shared with Cryptonews.
The team stated that PropyKeys “saw widespread adoption,” with nearly 1,800 addresses minted, including 300 global landmarks.
Andrew Zapo, Co-Founder and COO of PropyKeys, said in the press release that the team saw “astounding” enthusiasm and positive user adoption during the closed beta.
This, he said, highlights the demand for innovative real estate solutions on-chain and signals a bright future for blockchain in real estate.
In order to democratize real estate ownership, PropyKeys is creating a home address platform and property deed storage on the blockchain.
Zapo told Cryptonews that these are core features of the platform.
“PropyKeys allows users to mint digital versions of home addresses and store property deeds on the blockchain,” he said. “This setup ensures transactions are efficient, cost-effective, and secure,
Read more on cryptonews.com
