Bitcoin payments for real estate gain traction as crypto holders seek monetiz...
Could crypto payments for real estate become another notable way for people to invest their BTC, or is the learning curve too steep for wider adoption? Crypto investors are betting big on real estate this year as the cryptocurrency market continues to grow. New York Digital Investment Group (NYDIG) recently conducted a survey that found that 46 million Americans own Bitcoin, equating to 22% of all adults. While optimistic, some cryptocurrency investors have expressed concerns regarding the security, custody and volatility of digital assets. For example, Nickel Digital Asset Management, a....
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On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting cryptocurrencies via Bitpay. The CEO of the real estate firm that helps people buy and co-own a second home, Austin Allison, says the firm has seen increased crypto adoption “across the real estate industry.” Real Estate Platform Pacaso Now Supports Crypto Payments The firm Pacaso is a real estate platform co-founded by Spencer Rascoff and Austin Allison. Rascoff is well known for co-founding Zillow Group and co-founding Hotwire.com as well. In....
Chainlink is set to automate rental payments to property owners of a Latin American real estate platform, adding a new blockchain use-case for the sector. The tokenization of global property markets has been an ambitious goal of the blockchain space and decentralized finance (DeFi) could offer a novel solution for the sector to pick up pace.Decentralized oracle network Chainlink (LINK) is set to power a tokenized real estate platform serving the Latin American property market. LaProp will allow investors to buy tokenized shares in various real-world properties, which will yield a....
Crypto adoption keeps spreading among the real estate industry in Europe, specifically in Spain. Recently, a leading agency in the Canary Islands announced it would start accepting cryptocurrency payments. Firm Praises Bitcoin’s Decentralized Nature According to Digital Sevilla, Piso Barato Inmobiliaria, a Tenerife-based real estate firm, has enabled the feature that allows customers to acquire properties by paying with bitcoin (BTC). Although they mentioned the word “cryptocurrencies,” the firm talked mostly about BTC throughout the announcement. Piso Barato Inmobiliaria....
Buying real estate doesn’t have to be as tedious as it has been in the past. In fact, you can actually start buying digital real estate right inside the metaverse for a much lower cost than you would purchase it in the real world. In addition, a handful of metaverses also intend to offer tokenized fractional shares in real estate properties, meaning you can own a piece of real-world real estate for a fraction of the price. This article will cover some of the best real estate metaverses to watch for in 2022. Some projects intend to bring real-world real estate assets onto the blockchain,....
A massive LA-based luxury real estate firm has begun accepting Bitcoin for rent payments. In addition to loading up on BTC for its corporate reserves, the company has also tapped popular exchange Gemini to help build a crypto centric ecosystem for its retail, residential, and resort customers. Rick Caruso and Caruso Real Estate Tap Gemini […]