Italian Estate to be presented at Blockchain Auction

Real mansion brokerage which is located in Beverly Hills, Hilton&Hyland started  cooperation with blockchain startup Propy to auction a house built in 1580-1616
28 May 2018   750

As the source reported, the Palazzetto inside the Palazzo Albertoni Spinola is appriciated to be a Unesco heritage area. The architect Giacomo Della Porta constructed it in the early 1600s. The property is presently valued at $42 million. Because of the partnership with Propy now interested parties not only can ask the cost on the property in fiat currencies but also in cryptocurrencies. The bids are to be received until June 28, as claimed by Propy CEO, Natalia Karayaneva.

Karayaneva affirmed that the auction is offered to be a unique possibility to record the sale of a historic construction on a blockchain technology. Real property applications of blockchan were aware to be still in early stages.

It is not a transfer test of a couple dollars-worth of value, or questionable digital collectibles - but a multi-million dollar deal where lack of transparency can result in a significantly worse deal for the investor or seller. 
Natalia Karayaneva,
CEO, Propy

The CEO also declared that she hopes to see more real estate deals based on blockchain in the future. Karayaneva pointed out the significance of the security and the reputation behind the technology that can convince buyers about not risking their funds. 

The process of buying real estate today is non-transparent and non-secure even in the U.S. The bidding mechanism of providing offers blindly is very manipulative. This is why it is important to not only automate payment and title deed recordings, but also to automate the auction and offering mechanisms.
Natalia Karayaneva,
CEO, Propy

Blockchain technology provides the opportunity to make the process of purchasing buildings more operative. As the property transactions are automated, the appropriate fees are decreased; and so the homeowners can prove their property rights.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   830

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”