[ANN] PROPY - Global Property Store with Decentralized Title Registry

[corleto]

This is starting to look extremely promising!

Just a few questions. Might be found in whitepaper. But it won't hurt to have the questions and answers here as well imo.. How is the token utilized by all participants in the process. And how many do parties involved need and what does this depend on?

The PRO token functions both as a registree fee and access fee to write on the Propy blockchain. By doing so, it activates the automated title deed contract depending on where the transaction is made. Thus all participants won't be utilizing the token itself other that the individuals making the transaction, but it's the most fundamental element of what makes Propy, Propy.

Thanks for getting back. So if I buy a house this way for lets say 2m, how much Propy do I need and where do they go when I spent them? Do any of them get burnt?

[gembira]

Android app is available in Google Play (https://play.google.com/store/apps/details?id=com.propy.propy).  Still not the full version so please be advised. Happy New Year!

Nice, anyone tried their app? They have some deal on their platform? Anyone buying real-estate already throught them?

[lofegs]

Android app is available in Google Play (https://play.google.com/store/apps/details?id=com.propy.propy).  Still not the full version so please be advised. Happy New Year!

Good updates, thanks.
One question though.
Read this https://www.marketwatch.com/story/this-1-million-house-is-the-first-to-be-sold-on-the-blockchain-in-the-us-2017-12-29?mod=mw_share_twitter
Is there any special reason there that property is being sold almost 4x its price and becoming news on there? Or just seller's decision as simple?

[cris17]

Don't know if anybody noticed this but it is someone with a big following who has made the right descision about PROPY!

https://twitter.com/CryptoGodzilla/status/946411327618207745 - I suggest to share that tweet!

https://twitter.com/CryptoGodzilla - > 3K followers

I'm very glad that Pro is more than 2.5$ now and I agree that it will easily make 20x during 2018.

[Akehurst_Propy_CM]

Android app is available in Google Play (https://play.google.com/store/apps/details?id=com.propy.propy).  Still not the full version so please be advised. Happy New Year!

Good updates, thanks.
One question though.
Read this https://www.marketwatch.com/story/this-1-million-house-is-the-first-to-be-sold-on-the-blockchain-in-the-us-2017-12-29?mod=mw_share_twitter
Is there any special reason there that property is being sold almost 4x its price and becoming news on there? Or just seller's decision as simple?

From what I've been informed, it will be the latter case.
The fact that there'll be a transaction through Propy is true, but details are still in discussion.

[Akehurst_Propy_CM]

This is starting to look extremely promising!

Just a few questions. Might be found in whitepaper. But it won't hurt to have the questions and answers here as well imo.. How is the token utilized by all participants in the process. And how many do parties involved need and what does this depend on?

The PRO token functions both as a registree fee and access fee to write on the Propy blockchain. By doing so, it activates the automated title deed contract depending on where the transaction is made. Thus all participants won't be utilizing the token itself other that the individuals making the transaction, but it's the most fundamental element of what makes Propy, Propy.

Thanks for getting back. So if I buy a house this way for lets say 2m, how much Propy do I need and where do they go when I spent them? Do any of them get burnt?

My pleasure. The rate of the amount of PRO used for a transaction may differ based on the jurisdiction of the property. I expect it to be between 2~5%.
More accurate details will be out with the new Whitepaper amendment.

1/3 of PRO used goes to the company, and 2/3 goes to the network growth pool. Details about this can be found in the current version of the whitepaper.

[Goliath88]

Hi everyone,

first post for me. There is a strong rise currently probably related to the announcement that Huobi will sell PRO starting today:

https://twitter.com/Huobi_Pro/status/948821546537181184

Hope you hodl some :-)

[nelson4lov]

Hi everyone,

first post for me. There is a strong rise currently probably related to the announcement that Huobi will sell PRO starting today:

https://twitter.com/Huobi_Pro/status/948821546537181184

Hope you hodl some :-)

I missed this hodl. Panicked and sold when it was dwelling at the 3K sats price level. Good thing for anyone who bought below ico price on exchanges. Great potential still lying around here. Propy should be worth at least $15

[CryptoGorilla]

Hi everyone,

first post for me. There is a strong rise currently probably related to the announcement that Huobi will sell PRO starting today:

https://twitter.com/Huobi_Pro/status/948821546537181184

Hope you hodl some :-)

Holy crap! Totally missed that announcement... NICE!

I'm glad I'm holding on to my PRO since the ICO. Patience will be rewarded.

Now that's what I call an exchange with tradingvolume! Over 1 billion dollars! https://coinmarketcap.com/exchanges/huobi/

[Skyio]

Yes, I think you're right:

Hi everyone,

first post for me. There is a strong rise currently probably related to the announcement that Huobi will sell PRO starting today:

https://twitter.com/Huobi_Pro/status/948821546537181184

Hope you hodl some :-)

[Dinct]

Yes, I think you're right:

Hi everyone,

first post for me. There is a strong rise currently probably related to the announcement that Huobi will sell PRO starting today:

https://twitter.com/Huobi_Pro/status/948821546537181184

Hope you hodl some :-)

Expected pump for Propy and i think that's just the beginning and i hope we will reach 10$ within a month and that's still new and many people will be informed about Propy. Good days are coming my friends keep hodling!

[swisstrader1]

In their Whitpaper it says they will donate 15% 3 months after the token sale is over. From what i read the toke sale was over mid september. Does anyone know if they donated those 15% and to which foundations? did the ethereum foundation receive their donation?
Reads like a good project but im weary about the small amount of free float tokens which are not in their possession.

[bigcash2011]

i am sure most ico investors are now very happy about the price, i think it will easily grow more in coming weeks, i hope IOS app will be ready soon too.

[lofegs]

Huobi news is great. I wasn't expect this one 
Latest development news and now this things are going good these days. I think other exchanges will be easier after HUOBI.

[stil55]

It's very good news that PRO tokens go to a major exchange HUOBI.Expected pump for Propy and i think that's just the beginning and i hope we will reach 45$ within a month and that's still new and many people will be informed about Propy.
The PRO token functions both as a registree fee and access fee to write on the Propy blockchain. By doing so, it activates the automated title deed contract depending on where the transaction is made. Thus all participants won't be utilizing the token itself other that the individuals making the transaction, but it's the most fundamental element of what makes Propy

[Akehurst_Propy_CM]

Nice to see all the good vibe here!
My main post is in the telegram chat but I won't forget to
Visit here everyday
Huobi exchange opens 1400 (GMT +8) 5th of JAN
It means Chinese customers can use the Propy platform
With ease through Huobi exchange. Good stuff!

[CryptoGorilla]

Nice to see all the good vibe here!
My main post is in the telegram chat but I won't forget to
Visit here everyday
Huobi exchange opens 1400 (GMT +8) 5th of JAN
It means Chinese customers can use the Propy platform
With ease through Huobi exchange. Good stuff!

I'm certain an exchange like Huobi has been beyond expectations so congrats to team PROPY to amaze everybody. The vibe has certainly turned since after the ICO. Well done!

[swisstrader1]

In their Whitpaper it says they will donate 15% 3 months after the token sale is over. From what i read the toke sale was over mid september. Does anyone know if they donated those 15% and to which foundations? did the ethereum foundation receive their donation?
Reads like a good project but im weary about the small amount of free float tokens which are not in their possession.

[Juranimo]

Just checked the website page. I really like how it looks, clean, really useful and user friendly. Going to try an IOS app. 

[MaryAngela_Fantocci]

Heard about some problems with Propy few month ago
Are there any positive news for about project development?