Case Study: Propy streamlines global property transactions with Ambisafe

Global Property Store with Decentralized Title Registry

Propy is a global property marketplace focused on decentralized title registry and cross-border real estate transactions. The company faced the challenge of making it easier to buy and sell property internationally, where local registries, paperwork, intermediaries, fraud risk, and long transfer times make overseas property deals difficult.

Ambisafe helped Propy by issuing the tokens for its ICO, building the token economy, and continuing to develop smart contracts for its blockchain-based real estate platform. Propy raised over $15 million in its ICO, and later completed the first real estate deal fully on the blockchain in October 2017, with an apartment in Kiev sold for $60,000 without a single meeting.

Propy