Question 1

What is Propy (PRO)?

Accepted Answer

Propy (PRO) is a blockchain-based platform that uses Ethereum blockchain technology to facilitate real estate transactions. It employs smart contracts to automate aspects of the buying and selling process, aiming to reduce paperwork, improve security, and speed up transactions. The platform features a global property marketplace, enabling users from various countries to access and purchase real estate. With a focus on decentralisation and security, Propy utilizes blockchain to offer a transaction environment that is transparent and resistant to fraud. It also investigates the tokenization of real estate, which involves converting property ownership into digital tokens, potentially broadening investment opportunities and enabling fractional ownership. Propy's ecosystem is supported by its own cryptocurrency token, PRO. The platform operates in compliance with legal regulations and collaborates with governments to conform to local real estate laws. Moreover, by digitizing transaction processes, Propy aims to simplify and expedite the procedure of property transactions.

Question 2

What is it used for?

Accepted Answer

The primary function of the PRO tokens is to facilitate the execution of smart contracts for real estate title transfers on the Propy Registry. These tokens are employed to unlock essential and obligatory steps in the real estate acquisition process through Propy, including the execution of Deed Contracts and Title Contracts, which are crucial for property title transfer and recording ownership changes.

Furthermore, PRO tokens are required to pay "Registry Fees" on the Propy Registry, covering the costs associated with recording these modifications on the blockchain.

Question 3

Who created it?

Accepted Answer

Propy (PRO) was co-founded by Natalia Karayaneva, serving as the CEO, and Denitza Tyufekchieva, the Business Development Manager. Their knowledge and foresight have been essential in founding the platform, which seeks to transform the real estate industry with the implementation of blockchain technology.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	PRO-USD PRO-USD	coinbase	AA	0.3459USD	-1.84%	251,702.42PRO	912	0.3524USD	0.3681USD
2	PRO-USDT PRO_USDT	gateio	A	0.3453USDT	-2.01%	59,767.23PRO	1,134	0.3524USDT	0.3662USDT
3	PRO-USDT PRO-USDT	kucoin	BB	0.3452USDT	-1.54%	17,351.71PRO	387	0.3506USDT	0.3669USDT
4	PRO-USD PROUSD	kraken	AA	0.3456USD	-2.23%	12,581.77PRO	122	0.3535USD	0.3783USD
5	PRO-EUR PROEUR	kraken	AA	0.3042EUR	-1.93%	1,568.34PRO	19	0.3101EUR	0.3173EUR
6	PRO-USDT PROUSDT	bitrue	D	0.3457USDT	-1.93%	617,591.00PRO	5,456	0.3524USDT	0.3716USDT
7	PRO-XRP PROXRP	bitrue	D	0.2239XRP	0.24%	385,094.00PRO	5,009	0.2233XRP	0.2302XRP
8	PRO-USDT PRO_USDT	bitunix	C	0.3454USDT	-1.93%	195,988.41PRO	6,107	0.3523USDT	0.3647USDT
9	PRO-USDT PROUSDT	mexc	C	0.3454USDT	-2.07%	179,799.60PRO	3,618	0.3528USDT	0.3647USDT
10	PRO-USDT PRO_USDT	bydfi	-	0.3454USDT	-2.10%	112,392.60PRO	3,372	0.3528USDT	0.3634USDT
11	PRO-USDT propyusdt	huobipro	C	0.3259USDT	0.15%	44,982.39PRO	711	0.3254USDT	0.3259USDT
12	PRO-USDT PRO-USDT	btse	-	0.3493USDT	-1.77%	5,363.94PRO	1,137	0.3556USDT	0.3647USDT
13	PRO-USDT PROUSDT	coinex	C	0.3454USDT	-0.55%	1,063.43PRO	1,554	0.3474USDT	0.3608USDT
14	PRO-USD PRO-USD	btse	-	0.3493USD	-1.74%	859.24PRO	1,452	0.3555USD	0.3650USD
15	PRO-USDC PRO-USDC	btse	-	0.3493USDC	-1.74%	497.15PRO	934	0.3555USDC	0.3646USDC
16	PRO-ETH PROETH	hitbtc	E	0.0₄4849ETH	0.00%	0PRO	0	0.0₄4849ETH	0.0₄4849ETH
17	PRO-INR PROINR	coindcx	-	36.00INR	0.00%	160.48PRO	5	36.00INR	36.00INR
18	PRO-USDT PROUSDT	latoken	D	0.4500USDT	6.09%	5.20PRO	25	0.4241USDT	1.49USDT
19	PRO-BTC PROBTC	hitbtc	E	0.0₅3600BTC	0.00%	0PRO	0	0.0₅3600BTC	0.0₅3600BTC