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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| PRO | -75.91% | +260.42% | +29.23% | +25% |
| S&P | +13.09% | +85.73% | +13.17% | +166% |
Propy (PRO) is a blockchain-based real estate platform that uses Ethereum technology and smart contracts to streamline property transactions. It reduces paperwork, increases security, and speeds up the buying and selling process. The platform offers a global property marketplace for users worldwide to buy real estate. Propy emphasizes decentralization and security, ensuring transparent and fraud-resistant transactions. It explores real estate tokenization, allowing fractional ownership and wider investment opportunities. Propy's ecosystem is powered by its own cryptocurrency, PRO tokens, used for executing smart contracts, particularly for property title transfers on the Propy Registry. These tokens also pay for registry fees associated with blockchain recording. Co-founded by Natalia Karayaneva and Denitza Tyufekchieva, Propy leverages blockchain to innovate in the real estate industry.
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