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RISKY BUY

NFTs AT THE SERVICE OF REAL ESTATE

Born in 2017, the Propy project aims at reconciling 2 sectors of activity, at first sight antinomic: the real estate market and the blockchain market. The innovative idea of its creator (among others) was not only to use crypto-currency, but its little brother, existing on blockchains supporting smart contracts: the NFTs.

Indeed, simply summarized, an NFT is a computer file of any origin (.jpeg, .txt, .py, .js, .pdf, etc ... ) that is authenticated and certified via a blockchain, which leads to its status of uniqueness.
Moreover, thanks to its existence on the blockchain, this NFT can then be transmitted, exchanged, or traded, just like any other crypto-currency or token.
Existing on the Ethereum blockchain, in the form of a smart contract (in this case, a decentralized platform), Propy aims to automate the entire process of buying a house, from the moment it is put up for sale to the final sale, but allowing the process to be carried out without intermediaries, while benefiting from the speed and security of the blockchain.

Its token, PRO, available on the Uniswap DEX, was recently listed on Coinbase (it is currently up 30%, after peaking at 100% and taking a logical profit from speculators).

Nevertheless, beyond the Propy entity alone, it is important to underline the fact that far from being reduced to the only digital artworks that currently crystallize the term NFT, these smart contracts are in fact much more powerful than that and can be applied to a lot of sectors that we don't even have an idea of today, and it is certain that the movement generated by Propy will inspire many entrepreneurs in the blockchain world.

Cryptocurrencies
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Propy(CRYPTO:PRO) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Propy is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Propy(CRYPTO:PRO) Frequently Asked Questions

What is Propy?

Propy is a Cryptocurrency.

Is Propy a buy or a sell?

In the last year, 1 stock analyst published opinions about CRYPTO:PRO. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Propy.

Is Propy a good investment or a top pick?

Propy was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Propy.

Why is Propy stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Propy worth watching?

In the last year, there was no coverage of Propy published on Stockchase.

What is Propy stock price?

On 2022-05-18, Propy (CRYPTO:PRO) stock closed at a price of $1.23.