{"id":44346,"date":"2021-06-15T12:02:11","date_gmt":"2021-06-15T09:02:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44346"},"modified":"2025-08-31T16:35:00","modified_gmt":"2025-08-31T13:35:00","slug":"bitcoin-investor-sells-kyiv-apartment-as-nft-for-36-eth","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-investor-sells-kyiv-apartment-as-nft-for-36-eth\/","title":{"rendered":"Bitcoin investor sells Kyiv apartment as NFT for 36 ETH"},"content":{"rendered":"<p>The real estate broker Propy completed the first NFT-based real estate auction. The Kyiv apartment <a href=\\\"https:\/\/propy.com\/browse\/propy-nft\/\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">sold for 36 ETH<\/a> (over $93 000 at the time of the deal).<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">1\/ The person who bought my Kiev home via a <a href=\\\"https:\/\/twitter.com\/PropyInc?ref_src=twsrc%5Etfw\\\">@PropyInc<\/a> NFT is <a href=\\\"https:\/\/twitter.com\/DevonWBernard?ref_src=twsrc%5Etfw\\\">@DevonWBernard<\/a>. Devon apparently has big plans for the apartment. (background: <a href=\\\"https:\/\/t.co\/BnTnvFGvET\\\">https:\/\/t.co\/BnTnvFGvET<\/a>)<\/p>\n<p>\u2014 Michael Arrington \ud83c\udff4\u200d\u2620\ufe0f (@arrington) <a href=\\\"https:\/\/twitter.com\/arrington\/status\/1404614692245360643?ref_src=twsrc%5Etfw\\\">June 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The new owner of the property is a San Francisco-based engineer Devon Bernard. His plans include renting the property on a short-term basis, issuing NFTs to tenants.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">2\/ In a series of Tweets, Devon told us his plans (Devon is amazing but his tweet thread skills suck). First, he is renting it out for short term rentals on a new website, <a href=\\\"https:\/\/t.co\/xe5a9tnz1K\\\">https:\/\/t.co\/xe5a9tnz1K<\/a>. Every visitor gets a NFT. <a href=\\\"https:\/\/t.co\/mheyQhAH5S\\\">https:\/\/t.co\/mheyQhAH5S<\/a><\/p>\n<p>\u2014 Michael Arrington \ud83c\udff4\u200d\u2620\ufe0f (@arrington) <a href=\\\"https:\/\/twitter.com\/arrington\/status\/1404615151056162818?ref_src=twsrc%5Etfw\\\">June 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Along with the ownership title, the buyer received the non-fungible token representing a painting by Kyiv graffiti artist Chizz, the physical version of which is painted on the apartment wall.<\/p>\n<p>Bernard plans to split the painting into several NFTs, whose owners will be able to leave messages or images on their portion. They will be viewable on a dedicated website or in person via augmented reality.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">3\/ He\u2019s doing some crazy crowdsourced shit with the original painted artwork in the apartment that seems to involve augmented reality <a href=\\\"https:\/\/t.co\/nwuCiaID4a\\\">https:\/\/t.co\/nwuCiaID4a<\/a><\/p>\n<p>\u2014 Michael Arrington \ud83c\udff4\u200d\u2620\ufe0f (@arrington) <a href=\\\"https:\/\/twitter.com\/arrington\/status\/1404615486248087553?ref_src=twsrc%5Etfw\\\">June 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Previously, the apartment belonged to TechCrunch founder and cryptocurrency investor Michael Arrington. He purchased it in 2017 for Ethereum via the Propy platform with the ownership recorded on the blockchain.<\/p>\n<p>Earlier, the starting price of the lot <a href=\"https:\/\/forklog.com\/en\/news\/real-kyiv-apartment-to-be-sold-as-collectible-nft\">was $20 000<\/a>.<\/p>\n<p>Follow ForkLog updates on <a href=\\\"https:\/\/twitter.com\/ForkLog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Twitter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The real estate broker Propy completed the first NFT-based real estate auction. The Kyiv apartment sold for 36 ETH (over $93,000 at the time of the deal).<\/p>\n","protected":false},"author":1,"featured_media":44347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Propy completes first NFT-based real estate auction; Kyiv apartment sells for 36 ETH.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1213,672,673,16],"class_list":["post-44346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nft","tag-propy","tag-real-estate","tag-ukraine"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"Propy completes first NFT-based real estate auction; Kyiv apartment sells for 36 ETH.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=44346"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44346\/revisions"}],"predecessor-version":[{"id":44348,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44346\/revisions\/44348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/44347"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=44346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=44346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=44346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}