Understanding Propy

Propy (PRO) is a blockchain-powered real estate marketplace and decentralized title registry designed to simplify property transactions worldwide. By using smart contracts, Propy automates and secures the buying and selling process, making it faster, more transparent, and less prone to fraud. The platform supports transactions using traditional currencies, cryptocurrencies, and even NFTs, combining technology-driven escrow and title services to streamline real estate dealings.

Picture Understanding Propy 2 | TON app

How is Propy used?

Propy operates as a decentralized protocol that leverages blockchain technology to revolutionize property transactions. The PRO token is the platform’s native cryptocurrency and plays several important roles:

  • Transaction Fees: PRO tokens are used to pay fees on the platform when users buy or sell properties. This utility drives demand for PRO and integrates the token into the core ecosystem.

  • Access to Features: Holding PRO tokens grants users access to premium services, such as advanced property searches and exclusive listings.

  • Incentives for Professionals: Real estate agents and brokers are rewarded with PRO tokens for using the platform, helping to grow its user base and promote token adoption in real estate markets.

  • Governance: PRO holders can participate in community governance, influencing platform decisions and developments.

  • Staking: Users can stake PRO tokens to earn rewards and help secure the network.

By embedding the PRO token across multiple platform functions, Propy ensures a dynamic and engaging experience for all participants, supporting the growth and sustainability of its ecosystem.

How to store Propy?

PRO tokens run on the Ethereum blockchain as an ERC-20 token. To store them safely, use an Ethereum-compatible wallet such as MetaMask, Trezor, or Ledger. These wallets provide secure management of your tokens and support easy access whenever needed.

Picture Understanding Propy 3 | TON app

How to buy Propy?

Follow these simple steps to purchase PRO tokens:

  1. Choose an Exchange: Pick a reputable exchange that lists PRO, like Coinbase, Huobi Global, or Bittrex.

  2. Create an Account: Register on the exchange and complete any necessary identity verification processes.

  3. Deposit Funds: Add your preferred payment method—this could be a bank transfer, debit card, or even Bitcoin.

  4. Find Propy (PRO): Search for “Propy” or “PRO” on the exchange platform to access the trading page.

  5. Enter Purchase Amount: Specify how much you want to spend in your local currency, and the exchange will calculate the PRO tokens you’ll receive.

  6. Confirm the Purchase: Review your order details and finalize the transaction.

  7. Transfer to Wallet: For enhanced security, transfer your PRO tokens from the exchange to a personal ERC-20 compatible wallet like Trezor or Ledger.

By following these steps, you can safely and easily acquire Propy tokens to participate in the blockchain real estate ecosystem.