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Real Estate NFTs
This documentation is a work in progress and may contain incomplete, inaccurate, or outdated information.

General Information

RENS Token project starts with the "NFT properties" project. Proof of Property, which can be considered the Escrow company of RensToken, buys the right property at the right price through its real estate appraisals and converts that property into NFTs. The properties (villa, land, waterside residence, house, etc.) are converted into NFTs and are divided into a certain number of affordable NFTs so that everyone can buy a share of that property. Trading (buy/sell) of NFTs is performed using RENS Tokens. Proof of Property (PROP), which converts a property into NFTS, acts as both an attorney, an accountant, and also real estate agent for investors having NFTs.
Last modified 19d ago
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