Propy (PRO)

Propy (Ticker symbol: PRO) is the native token of the first international real-estate marketplace of the same name. Propy makes use of blockchain technology to make it easier, safer and more cost-effective to buy and sell real estate online and across borders. The PRO token grants write-access to both the Propy Registry, a decentralized title registry - and rewards. It is based on the ERC20 token standard and has a total supply of a 100 million tokens. The Propy Registry currently reflects official land registry records. However, the ultimate goal is to provide the global real estate industry with a unified platform that will enable the global real estate industry to store and transfer properties on an international scale, almost effortlessly. The use of such registry will also provide much needed transparency, helping to eliminate the use of dubious legal agreements to commit fraud. Furthermore, it will ensure efficient communication that in turn will help to provide increased liquidity.