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Propy

PRO

USD

About Propy

PRO is an Ethereum token that powers Propy, a platform for international real estate transactions. The PRO token is used to pay for platform fees such as for modifying and creating title and deed contracts.

Propy (PRO) is a digital asset that operates on the Ethereum platform, with the aim of transforming the real estate industry by introducing blockchain technology. It seeks to encapsulate ownership rights of real estate properties into Non-Fungible Tokens (NFTs), thereby striving to facilitate the transfer of these rights in a trustless and efficient manner. Propy aims to make real estate transactions as easy and accessible as e-commerce, by digitizing the entire process. The Propy token (PRO) is an integral part of this ecosystem, used for transaction settlements and data access within the Propy network.

Propy works by encapsulating the ownership rights of real estate properties into NFTs. These NFTs are then listed on the Propy marketplace, where they can be bought and sold. The transfer of an NFT equates to the transfer of ownership rights of the corresponding property. Propy has developed a legal framework that aims to facilitate the transfer of ownership rights via NFTs, without the need for government land registration processes. The platform also incorporates Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols to ensure compliance with regulatory regimes.

Propy's primary use case is to facilitate the buying and selling of real estate properties in a more efficient and transparent manner. By encapsulating property rights into NFTs, Propy aims to make real estate transactions as simple as trading digital assets. This could potentially open up the real estate market to a wider audience, including those in the cryptocurrency community. Additionally, Propy's price prediction feature aims to provide users with insights into potential future real estate prices, providing valuable insights for buyers and investors. The platform also offers potential benefits for real estate agents, who could receive royalty fees from future sales if they are the first to NFT a property.

Propy was conceived with the vision of aiming to transform the real estate industry by leveraging blockchain technology. The platform was developed to automate the real estate transaction process and make it more transparent and efficient. Propy's infrastructure aims to facilitate three types of transactions: traditional deals using fiat payments, deals using cryptocurrencies, and deals involving the sale of NFTs representing real estate properties. Over time, Propy has integrated various features into its platform, including KYC and AML protocols, a price prediction tool, and a legal framework for transacting real estate via NFTs.

Market

Market stats

Market cap

$178.3M

Volume (24h)

$5.6M

Circulating supply

100.0M PRO

Typical hold time

10 days

Popularity

#331

All time high

$6.15

Market performance

Price change (1h)

-1.84%

Price change (1d)

-5.74%

Price change (1w)

-20.89%

Price change (2w)

-31.81%

Price change (1m)

-26.46%

Price change (1y)

+477.74%

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Social

Some highlights about Propy on social media

186 unique individuals are talking about Propy and it is ranked #805 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Propy has an average sentiment score of 3 out of 5. Finally, Propy is becoming more newsworthy, with 0 news articles published about Propy. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Propy. There were 10.64% of tweets with bullish sentiment compared to 12.77% of tweets with a bearish sentiment about Propy. 76.6% of tweets were neutral about Propy. These sentiments are based on 47 tweets.

On Reddit, Propy was mentioned in 17 Reddit posts and there were 36 comments about Propy. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

186 people

Posts

54 posts

Dominance

0.01%

Volume rank

#805

Average Sentiment

3 out of 5

Twitter

Reddit

Posts

17

Comments

36

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Propy is on the decline this week.

The price of Propy has decreased by 1.84% in the last hour and decreased by 5.74% in the past 24 hours. Propy’s price has also fallen by 20.89% in the past week. The current price is $1.76 per PRO with a 24-hour trading volume of $5.62M. Currently, Propy is valued at 71.44% below its all time high of $6.15. This all-time high was the highest price paid for Propy since its launch.

The current circulating supply of Propy is 100,000,000 PRO which means that Propy has as total market cap of 100,000,000.

FAQ

What is the current price of Propy?

We update our Propy to USD currency in real-time. Get the live price of Propy on Coinbase.

What is the market cap of Propy?

The current market cap of Propy is $178.32M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Propy?

The all-time high of Propy is $6.15. This all-time high is highest price paid for Propy since it was launched.

What is the 24 hour trading volume of Propy?

Over the last 24 hours, the trading volume of Propy is $5.62M.

How many Propy are there?

The current circulating supply of Propy is 100 million.

What is the typical holding time of Propy?

The median time that Coinbase customers hold Propy before selling it or sending it to another account or address is 10 days.

What is the relative popularity of Propy?

Propy ranks 70 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Propy?

Currently, 98% of Coinbase users are buying Propy. In other words, 98% of Coinbase customers have increased their net position in Propy over the past 24 hours through trading.

Can I buy Propy on Coinbase?

Yes, Propy is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Propy guide.