A Florida lady bought a five-bedroom, three-and-a-half-bath property near Tampa in an online auction on Thursday, in what could be one of the first home sales utilising non-fungible tokens, or NFTs.
"We honestly believe we made history, both in the real estate sector and in the crypto community," said Natalia Karayaneva, CEO and founder of Propy, the company that handled the online auction and sale.
According to Propy, the price was 210 Ether, which was the equal of $653,000 at the time of the transaction.
For the auction, about 50 people went through the procedure of proving their identities online. But in the end, there were only two bidders, both of whom had to have at least $650,000 in cryptocurrencies in their digital wallets — the starting price.
Karayaneva refused to reveal the buyer's identity. Leslie Alessandra, the founder of a blockchain startup based in Tampa, was the seller.
