A St Louis home is being auctioned off as an NFT on Mintable

A St Louis home is being auctioned off as an NFT on Mintable

An NFT representing a 50% share in a St Louis home has been put up for auction on Mintable — but is it as good as a title deed? Investor Ivan Malpica listed a share in a property at 5828 Wise Avenue in St. Louis on NFT marketplace Mintable last night for roughly 42.43 ETH — worth nearly $76,000 at the time of writing.The listing promises "NFT fractional ownership (50%) of this fully gutted rehabbed home," noting the home had been appraised for $138,000 last year and currently generates $1200 in monthly rental income. The listing concludes:"Let's Make History together with the first ever....


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