Post
Topic
Board Securities
Re: Own a piece of Manhattan
by
kittucrypt
on 29/04/2018, 14:09:51 UTC
OP was in February.

Is there any update? I think I read about an entire building in somewhere in the Middle East being made into apartments, which were then auctioned off in exchange for BTC. Update, found a link to the story: https://www.telegraph.co.uk/property/buy/bra-tycoon-michelle-mone-selling-192m-dubai-apartments-bitcoin/

Can the above be relevant to your pursuit?

This isn't something we are trying to achieve. This is just accepting BTC as mode of payment instead of local currency. At the end of the day, owner will still be a single individual/firm with all the cash. The idea with us is to tokenize a property. Regulatory framework makes it hard to do so without setting up intermediary investment vehicles.