Real estate selling through NFT

Real estate agency Roofstock sold a house in South Carolina for $ 175,000, making an NFT deal.

The payment was made in the USDC stablecoin.
The transaction was made through a Roofstock onChain subsidiary, specializing in Web3.
The house was registered on the NFT trading platform from RoofStock, developed on the Origin protocol.

“One of the foundations of Web3 is the rejection of intermediary fees, and this is just the beginning. As more and more real estate is brought online through NFT, we will see more efficient and liquid markets for these traditionally illiquid assets,” says Origin Protocol co-founder Matthew Liu.

“Instead of waiting months for underwriting, appraisals, searching for ownership rights and preparing documents, I was able to buy a fully insured and ready-to-rent property with one click. The funny thing is that I’m not a Web3 expert, “ said Adam Slipakoff, the buyer of the house.

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