ProperT https://getpropert.com/ Token Tue, 02 Apr 2024 14:57:04 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://getpropert.com/wp-content/uploads/2022/03/ProperT-Logo-favicon-150x150.png ProperT https://getpropert.com/ 32 32 How to buy crypto gift cards through CryptoRewards.Store https://getpropert.com/blog/how-to-buy-crypto-gift-cards-through-cryptorewards-store/?utm_source=rss&utm_medium=rss&utm_campaign=how-to-buy-crypto-gift-cards-through-cryptorewards-store Tue, 02 Apr 2024 14:48:38 +0000 https://getpropert.com/?p=3671 Crypto-consumers around the world are increasingly looking for avenues through which to buy crypto gift cards and access products and services sold in traditional currencies, without leaving the crypto space.…

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Crypto-consumers around the world are increasingly looking for avenues through which to buy crypto gift cards and access products and services sold in traditional currencies, without leaving the crypto space. This seamless form of payment is swiftly becoming one of the most popular bridges between crypto-consumers and traditional commerce. Thousands of international brands and businesses, such as Spotify, Dominos, Burger King, Barnes & Noble, and more, are already tapping into the expanding crypto-consumer segment by accepting crypto gift cards. 

Just as crypto-consumers can leverage their funds to access everyday goods and services, the brands marketing them benefit from abundant sales opportunities without exposing themselves to the volatility of the crypto market. So, let’s take a look at how to buy crypto gift cards through CryptoRewards.Store.

How does a CryptoRewards.Store gift card work?

CryptoRewards.Store gift cards function much like a mobile top-up card. However, instead of purchasing credit for phone calls and text messages, the credit can be spent in the store, or e-commerce platform, to which the card is assigned. For example, buying a Barnes & Noble gift card using crypto worth $100 USD, will allow you to access $100 worth of products across Barnes & Noble’s stores and e-commerce site. The same can be said for subscription services, such as Spotify, and gaming platforms, two of the most popular sectors for gift card purchases. Other sectors include travel companies, restaurants and clothing, allowing you to leverage your crypto funds for everything from larger, one-off purchases to smaller, everyday goods.

 

How to buy gift cards through CryptoRewards.Store

CryptoRewards.Store is a crypto-to-gift card platform that allows crypto-consumers to easily purchase gift cards with any of our accepted cryptocurrencies, in order to access goods and services from their favorite brands. CryptoRewards.Store uses ForumPay’s rigorously secure technology to process crypto payments and load prepaid gift cards with the equivalent amount in USD. During the gift card purchasing process, CryptoRewards.Store uses ForumPay’s technology to convert the crypto funds into USD, ensuring a smooth and secure process from start to finish. This solution provides a native crypto-payment experience, granting access to brands that don’t yet accept crypto payments, without having to leave the crypto space.

Buy gift cards in ProperT and receive a 5% token back reward

CryproRewards.Store has implemented a unique rewards program by which consumers can earn a 5% token-back reward if they purchase a gift card using the token ProperT. ProperT is a fully fungible utility token also launched by the creators behind CryproRewards.Store. As such, consumers spending their digital assets on gift cards from our platform will be rewarded with 5% of their purchase value back into their wallet. Take a look at this article for more information on ProperT.

To browse all the gift cards and brands accessible through CryptoRewards.Store, visit cryptorewards.store/shop and start planning your wishlist. 

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Welcome to CryptoRewards.Store https://getpropert.com/blog/welcome-to-cryptorewards-store/?utm_source=rss&utm_medium=rss&utm_campaign=welcome-to-cryptorewards-store Tue, 26 Mar 2024 20:51:05 +0000 https://getpropert.com/?p=3662 ProperT’s recent launch on the Polygon (MATIC) and Ethereum blockchains has introduced new and exciting opportunities for crypto consumers looking to spend their digital assets. This new token marks a significant milestone in the industry and is already attracting users keen to make the most of its innovative features and benefits.These exclusive features and benefits include generous 5%-token back rewards on every purchase and immediate access to hundreds of goods and services via our innovative crypto gift card platform, CryproRewards, your gateway to the FIAT world.

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Welcome to CryptoRewards.Store, your gateway to the FIAT world through crypto gift cards!

As the number of consumers in the crypto space continues to grow and their wealth expands, so do the opportunities for investment and spending. ProperT’s recent launch on the Polygon (MATIC) and Ethereum blockchains has introduced new and exciting opportunities for crypto consumers looking to spend their digital assets. This new token marks a significant milestone in the industry and is already attracting users keen to make the most of its innovative features and benefits.

These exclusive features and benefits include generous 5%-token back rewards on every purchase and immediate access to hundreds of goods and services via our innovative crypto gift card platform, CryproRewards, your gateway to the FIAT world.

The exciting world of crypto gift cards

Crypto gift cards have emerged as a seamless bridge between the more than 450 million crypto consumers and the goods and services they need and want to be sold by FIAT-based merchants. Gift cards allow these consumers to spend their digital assets without leaving the crypto space and exchange their cryptocurrencies or tokens for FIAT currency, potentially resulting in a loss of value.

Hundreds of international brands and companies, such as Ikea, Netflix, Target, eBay, Walmart, Airbnb, and more, are already tapping into the expanding crypto consumer segment by accepting gift cards. Just as these consumers can leverage their funds to access everyday goods and services, the companies marketing them benefit from abundant sales opportunities.

According to CoinMarketCap.com, as of 11 March 2023, the global crypto market cap was $2.72 trillion, reflecting the growing acceptance and confidence in digital assets. This substantial market valuation also hints at an expanding spending capacity within the crypto community as investors and users continue to engage in a wide range of transactions.

CrytoRewards.Store

As a native feature of ProperT, CryproRewards furnishes this exciting new token with immediate value and utility. First, any gift card purchase using ProperT will earn the consumer a 5% token-back reward. That means when consumers spend their digital assets on a gift card, they receive 5% of it back into their wallet. This feature is the first token-back reward program of its kind and beckons in a new era of collaboration between thousands of FIAT-based merchants and the growing crypto consumer segment. 

Gift cards offer an opportunity for crypto consumers to purchase goods and fulfill their original purpose of gifting other people. Those sold on CryproRewards also present the chance to surprise friends and family with the flexibility to access goods and subscription services while bypassing geographical constraints.

New standards in security and privacy

Cryptocurrencies offer a level of security and privacy unmatched by traditional payment methods. In leveraging blockchain technology to process gift card purchases, CryptoRewards gives consumers the peace of mind that their gifting experiences are shielded by robust encryption, rendering each transaction immutable and anonymous. 

Once purchased, CryptoRewards gift cards allow consumers to access an extensive array of brands worldwide. The borderless nature and security measures it offers enable individuals to express their generosity effortlessly across any region of the world. The flexibility of these gift cards also ensures that recipients can choose from a diverse range of products or services, tailoring their experience to personal preferences.

CryptoRewards, as an integral part of the recent launch of ProperT, offers exclusive features that benefit crypto consumers and their capacity to gift experiences, goods, and services to others. Our groundbreaking 5% token-back reward program provides immediate utility. It introduces traditional “cash-back” reward systems into the crypto space, offering consumers a tried-and-tested method to benefit from spending by receiving a percentage of their digital assets back into their wallets with each purchase. 

Visit CryptoRewards.Store for more information and browse the thousands of merchants embracing crypto gift cards. 

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Save 5% on international trade and cross-border payments with ProperT https://getpropert.com/blog/save-5-on-international-trade-and-cross-border-payments-with-propert/?utm_source=rss&utm_medium=rss&utm_campaign=save-5-on-international-trade-and-cross-border-payments-with-propert Mon, 05 Feb 2024 15:17:54 +0000 https://getpropert.com/?p=3592 In her keynote speech at the Singapore Fintech Festival in November 2023, head of the International Monetary Fund, Kristalina Georgieva, stated that traditional railways for international trade and cross-border payments…

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In her keynote speech at the Singapore Fintech Festival in November 2023, head of the International Monetary Fund, Kristalina Georgieva, stated that traditional railways for international trade and cross-border payments are currently “expensive, slow, and available to few”. In order to move funds between nations, senders endure costly fees, delays, and potential invasions of privacy, especially for larger sums. With the value of cross-border payments estimated to rise to over $250 trillion by 2027, international businesses must start opting for more efficient and cost-effective ways to send their funds around the world.

ProperT, given its fungible nature as a digital utility token, is the ideal currency to conduct international trade or send cross-border payments. Executed over the blockchain, each payment is faster, more secure, transparent, and cost-effective than traditional payment railways. What’s more, given the token’s 5%-token back reward program, users will reduce their costs, potentially leading to thousands in savings.

Read on to learn more about ProperT, and how leveraging this digital asset will save senders 5% on all payments.

International trade in 2024

The exchange of goods and services within and across national borders is the foundation of our globalized economy today. Unfortunately, most payment railways are out-of-date and out-of-sync with current demand. Traditional cross-border payments can pose significant challenges, ranging from high transaction fees and lengthy processing times to currency conversion complexities and interference from banks. These challenges not only hinder efficiency and productivity, they also negatively affect the growth of businesses that rely on cross-border transactions to reach valuable customers and partners overseas.

As businesses endeavor to extend their market share and tap into new markets, the importance of a seamless and cost-effective payment solution is increasingly critical. Sending cross-border payments in ProperT using a crypto payment solution such as ForumPay addresses these needs by leveraging the benefits of blockchain technology. Blockchain cross-border payments sidestep the need to convert funds into the local currency, saving senders from unavoidable conversion fees. In addition, unlike traditional financial systems that need to clear funds before they leave the bank (often taking several weeks), sending ProperT requires no prior vetting, or clearing of funds. Once sent, they could reach their recipient within minutes.

5% token-back reward program
For every ProperT payment made through ForumPay, the sender will receive a 5% token-back reward sent directly to their crypto wallet. This 5% token-back reward program is the first of its kind, although it works much like a credit card; the more ProperT businesses send, the greater their reward. With an additional 5% in their wallet, businesses could invest in improvements sourced from any of the thousands of ForumPay-enabled merchants; hold the ProperT for investment purposes, or exchange their tokens for another cryptocurrency or stablecoin.

Security and speed for international trade

Security and speed are also critical considerations for businesses engaging in international trade. As a native token of the payment gateway ForumPay, ProperT leverages blockchain’s decentralized and immutable technology to securely send funds across borders. Transactions are recorded on distributed ledgers, ensuring all participants have a verified copy, making it almost impossible to manipulate data or alter transaction records. In sending funds around the world, ForumPay guarantees compliance with all local regulations and jurisdictions regarding cryptocurrency ownership and transactions.

Payments sent using blockchain technology also benefit from near real-time processing. Unlike traditional payment railways, which are inactive overnight and only operate between Monday and Friday, blockchain cross-border transactions are processed around the clock. This means transactions can be confirmed in a matter of minutes, and without the need for intermediaries. Guaranteeing this level of speed and security is crucial for transactions that could make or break a contract.

Leveraging ProperT for international trade will not only result in a 5% token-back reward to invest further into the business, but this fungible, utility token will also confer the benefits of blockchain cross-border payments: speed, cost-efficiency, 24-hour transactions, and stringent security.
Find out more by visiting getpropert.com today!

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The future of ProperT: Next-generation purchasing power for cryptocurrency consumers https://getpropert.com/blog/the-future-of-propert-next-generation-purchasing-power-for-cryptocurrency-consumers/?utm_source=rss&utm_medium=rss&utm_campaign=the-future-of-propert-next-generation-purchasing-power-for-cryptocurrency-consumers Tue, 05 Dec 2023 03:13:01 +0000 https://getpropert.com/?p=3525 Cryptocurrency adoption is on the rise, and not just among investors. More than ever, consumers around the world are choosing to transact with merchants on a daily basis using crypto.…

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Cryptocurrency adoption is on the rise, and not just among investors. More than ever, consumers around the world are choosing to transact with merchants on a daily basis using crypto. In some countries, the acute volatility of the national economies has pushed a growing number of consumers to rely almost exclusively on cryptocurrencies, a trend which is gaining momentum. 

In line with this surging popularity, ProperT was first introduced onto the Ethereum (ERC-20) blockchain in 2022. As of November 2023, ProperT 2.0 is also available on the MATIC Polygon blockchain. Set to redefine the crypto spending landscape and boost crypto adoption, this innovative token offers unprecedented features such as 5% token-back rewards giving users increased spending capacity, immediate utility with access to crypto gift cards, and full integration with the ForumPay payment gateway, enabling consumers to purchase from hundreds of FIAT-based merchants around the world.

This article explores what makes ProperT so unique and how it’s poised to transform the way cryptocurrency consumers spend their digital assets in the future.

Token-back rewards that boost consumer spending capacity

Reintroduced onto the MATIC Polygon blockchain in November 2023, ProperT 2.0 is the newest utility token to offer such an exclusive range of benefits, including 5% token-back rewards on any purchase of goods or services using ProperT via the ForumPay payment gateway.

ForumPay bridges the gap between the affluent and growing crypto community and traditional FIAT businesses. This bridge allows crypto users to continue buying from their favorite brands without leaving the crypto space, as ForumPay enables immediate crypto-to-FIAT transactions. 

Meanwhile, merchants operating in FIAT currencies are able to tap into the exceedingly powerful community of cryptocurrency users and increase their consumer audience, while ensuring they receive the established price for their goods or service in the currency of their choice. 

This exclusive rewards program ushers the benefits of credit card spending into the crypto space by allowing users to earn tokens and increase their spending capacity while they shop. The larger the purchase, the larger the reward. 

The benefits of acquiring and spending ProperT tokens

Harnessing the utility of gift cards

Thousands of international brands such as Apple, Home Depot and Spotify are already tapping into the growing community of cryptocurrency users by issuing gift cards that allow them to leverage their funds and purchase goods and services without leaving the crypto space. The ForumPay merchant network, upon which the ProperT gift card platform will be based, is expanding exponentially, exemplified by the 151% average monthly growth rate in the last year. 

In line with this growing confidence in the crypto space, ProperT has developed its very own gift card platform that enables immediate utilization of this token. There will be no need to wait for others to onboard the cryptocurrency; it is instantly functionable. It will offer gift cards from a host of merchants offering products and services, which ProperT holders can access using their own tokens, and receive the aforementioned 5% token-back rewards on each purchase. 

By embracing the benefits and rewards of traditional payment methods such as credit cards, and welcoming them into the crypto space, ProperT aspires to boost crypto adoption and help move the industry into the future. As global crypto adoption rises, consumers should be encouraged to invest in decentralized finance, and rewarded for contributing to the sustainability of this community.

*Tokens equal to 5% of purchases made with the Token are awarded subject to a weekly cap calculated at an annual rate of 10% of each year’s new release.

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How is ProperT 2.0 fungible? https://getpropert.com/blog/how-is-propert-2-0-fungible/?utm_source=rss&utm_medium=rss&utm_campaign=how-is-propert-2-0-fungible Tue, 28 Nov 2023 16:09:12 +0000 https://getpropert.com/?p=3505 Fungibility refers to the ability to interchange a good or asset with another good or asset of the same type. This makes them ideal for exchanging, as they are presumed…

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Fungibility refers to the ability to interchange a good or asset with another good or asset of the same type. This makes them ideal for exchanging, as they are presumed to hold the same value. Gold, for example, is considered fungible, as one kilogram of pure gold, holds the same value as another kilogram of pure gold. The same can be said about a $50 bill. As the value of fungible assets is also generally widely accepted (although this value can fluctuate), they can also be used to make transactions, and be exchanged for other goods. Homes and real estate, however, are not fungible, as there are many different kinds and sizes of homes that each hold different value, which may also be influenced by sentimental worth.  

This article will explore what makes ProperT fungible, as well as some of the other aspects that make this crypto asset an attractive proposition for crypto users, traders and holders.

What makes ProperT fungible?

ProperT 2.0 is considered a fungible asset, as one ProperT token purchased in the USA holds the same value as a ProperT token purchased in France, or anywhere else. As seen above, this makes them interchangeable and as such can be interchanged between two ProperT holders, or exchanged for other assets, goods and services, as all assets are widely regarded to hold a certain value. ProperT is also fully divisible. Just as a $50 bill can be broken down into two $20 bills, one $5 bill and five $1 bills, ProperT can also be broken down into its respective smaller units which collectively represent the same value as the original.

In addition, the buying and selling of ProperT tokens operates on blockchain technology, specifically, both the Ethereum blockchain (ERC-20) and MATIC Polygon blockchain. Each transaction or exchange of ProperT tokens is recorded in this decentralized and distributed ledger, which ensures transparency and immutability of transactions. This also helps maintain fungibility by recording transactions without specifying the history of individual units. Each unit is represented by its cryptographic key, and as long as the key is valid, the unit is considered interchangeable.

What’s more, ForumPay, the premium crypto payment solution for global businesses and payment processors, allows ProperT users to fully leverage the fungibility of their digital assets. This payment gateway makes it possible for token and cryptocurrency holders to purchase directly from traditional FIAT-based merchants and services by bridging the gap between the crypto and FIAT spaces. 

Immediate utility in the form of gift cards

To provide immediate value and utility to ProperT, a gift card platform will be launched in tandem with its release. This platform will enable ProperT users to promptly exchange their tokens for gift cards, bypassing the need to await the token’s widespread adoption. The ProperT gift card platform will be based on the rapidly expanding ForumPay merchant network, which has recorded an impressive 151% average monthly growth rate in the past year.

The platform will offer gift cards from a diverse set of merchants providing an extensive range of products and services from businesses such as Home Depot, Lowe’s, several gas stations, and more. ProperT holders will have access to these gift cards with their tokens and can also earn token-back rewards for each purchase they make on the platform.

As ProperT continues to evolve, it stands poised to offer a unique blend of fungibility, scarcity, and utility in the cryptocurrency landscape. The convergence of these attributes positions ProperT as a promising digital asset for users, traders, and holders looking to leverage the token for both value preservation and practical applications.

Find out more by visiting getpropert.com today!

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The Advantages of Using ProperT 2.0 for Real Estate Transactions https://getpropert.com/blog/the-advantages-of-using-propert-2-0-for-real-estate-transactions/?utm_source=rss&utm_medium=rss&utm_campaign=the-advantages-of-using-propert-2-0-for-real-estate-transactions Wed, 22 Nov 2023 16:14:14 +0000 https://getpropert.com/?p=3480 The forthcoming release of ProperT 2.0 tokens, to be issued on the Ethereum blockchain (ERC-20) as well as being bridged to (MATIC) Polygon in November 2023, will offer a host…

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The forthcoming release of ProperT 2.0 tokens, to be issued on the Ethereum blockchain (ERC-20) as well as being bridged to (MATIC) Polygon in November 2023, will offer a host of benefits to users looking to leverage their assets to transact with the real estate market. These benefits include immediate utility in the form of gift cards, token-back rewards, and the security that comes with transacting in crypto over a secure payment gateway, in this case, ForumPay.

This article takes a closer look at the forthcoming release of ProperT tokens and the benefits for property investors.

A deeper dive into ProperT 2.0 and the benefits of this new token

ProperT 2.0 is a fully fungible utility token that functions as a limited digital asset. Once acquired, users can hold or spend their funds by exchanging them for goods and services marketed in FIAT currencies via ForumPay. This payment gateway is also wallet-agnostic, allowing users to hold their ProperT tokens in the wallet of their choosing alongside other digital assets, and spend whenever they want.

ProperT will also offer 5% token-back rewards on every purchase consumers make, thereby operating just like a credit card: the more you spend, the more you are rewarded. This feature presents a huge hook for real estate buyers. Whether the tokens are used for the down payment on a new home, or to purchase an entire property, the rewards could be extravagant, allowing the buyer to use these tokens to spend freely on renovations, new furniture or maintenance services.
What’s more, ProperT consumers will gain immediate utility from their tokens in the form of gift cards. We will be launching a native gift card platform, where consumers can exchange their ProperT tokens for gift cards to spend on hundreds of brands, products and services in the FIAT space. These include businesses such as Home Depot, Lowe’s, Gas Cost, and more, which users can also access using the token-back rewards they earn from the real estate purchase itself, allowing them to make a significant dent in their renovation expenses. Thanks to this platform, ProperT consumers will not have to leave the crypto world in order to interact and transact with traditional merchants.

With your 5% token-back rewards converted into gift card purchasing power, there will be ample opportunity to prepare your new home exactly to your liking.

Trust ForumPay to handle real estate transactions

A significant benefit of leveraging cryptocurrency for real estate transactions lies in their speed and effectiveness. Traditionally, the buying and selling of property involves centralized banks, which inevitably leads to frustrating delays, intermediaries and high, unavoidable fees. By contrast, transactions involving crypto assets can be executed at speed exclusively between the buyer and seller, thereby removing numerous middlemen and costs from the equation.

Thanks to ForumPay, newly-fledged ProperT holders who wish to spend their tokens on real estate do not need to find a seller who also owns crypto. ForumPay seamlessly bridges the gap between the crypto space and the real estate FIAT space, enabling exchanges between any digital asset (from any digital wallet) and the FIAT currency of the seller’s choice, be that Euro, USD or Yen, thereby avoiding all risk of market fluctuation. This also applies to title and escrow companies involved in the sale.

ForumPay can enable these payments seamlessly with ForumPay-enabled mortgage lenders or directly with homeowners, enabling ProperT consumers to settle down payments or pay for the entire price of a home using their tokens. There are no spending limits and each transaction incurs a single ForumPay fee, unlike traditional forms of payment.

ProperT 2.0 tokens will offer users a wealth of advantages and provide particularly attractive conditions when leveraged to access the real estate market. These tokens provide utility, security, and rewards, making transacting with property sellers faster and more cost-effective, bridging the gap between the crypto and FIAT worlds through ForumPay. ProperT will be issued on the Ethereum blockchain (ERC-20) as well as being bridged to (MATIC) Polygon in November 2023.

Find out more by visiting getpropert.com today!

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Presenting the new ProperT 2.0: What is it about? https://getpropert.com/blog/presenting-the-new-propert-2-0-what-is-about/?utm_source=rss&utm_medium=rss&utm_campaign=presenting-the-new-propert-2-0-what-is-about Thu, 16 Nov 2023 16:13:51 +0000 https://getpropert.com/?p=3467 The development and launch of the crypto token ProperT has been in the works for some time. This new digital asset, whose forthcoming release is scheduled for November 2023, will…

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The development and launch of the crypto token ProperT has been in the works for some time. This new digital asset, whose forthcoming release is scheduled for November 2023, will be available on the Ethereum blockchain (ERC-20) and will also be bridged to (MATIC) Polygon’s blockchain. ProperT is a fully fungible utility token that offers 5% token-back rewards on every purchase. Just like Bitcoin, ProperT will also follow a limited digital asset model and employ burning as a deflationary mechanism to help stabilize its value.

Let’s take a deeper dive into the parameters of ProperT in order to understand why so many crypto users are anticipating its release.

What makes this new utility token, ProperT, so special?

To begin with, let’s recap what utility tokens are. Utility tokens are a digital currency designed to give holders special access to a particular product, service or privilege. They are created within a specific blockchain-based ecosystem or decentralized application, which, in this case, is MATIC Polygon.

ForumPay is fully enabled to accept ProperT tokens from any kind of wallet, and exchange them for goods and services marketed in fiat currencies. With ForumPay, both buyers and merchants benefit from the speed and security of crypto railways. Buyers can leverage their tokens by paying the many ForumPay-enabled merchants around the world, with limitless spending capacity. At the other end of the spectrum, merchants are able to reach this growing and affluent demographic of crypto users, while remaining within the familiar crypto space and receiving their funds at the end of each business day.

Token-back rewards

What’s more, for every transaction using ProperT on the ForumPay network, users will receive 5% token-back rewards sent directly to their crypto wallet. It works like a credit card; the more you spend, the more you are rewarded. This feature also applies to the new ForumPay gift card platform, enabling ProperT holders to exchange their tokens for credit and purchase from the growing ForumPay network of FIAT vendors around the world without leaving the crypto space. Scroll down for more information!

The advantages for real estate investors

These token-back rewards will also be hugely beneficial for users looking to purchase real estate using ProperT tokens. Used for a down payment on a new home, or for an entire property, the rewards could be extravagant, allowing the buyer to use these tokens to spend freely on renovations, new furniture or maintenance services.
ForumPay works with a series of accredited mortgage lenders who accept crypto tokens and currencies as down payments on real estate. By way of example, in 2022, ForumPay enabled a €5.4 million transaction for a single-family residence entirely with crypto.

The advantages of holding a limited digital asset

ProperT will also function as a limited digital asset. To begin with, just 21 million ProperT tokens will ever come into existence. This fixed supply will be programmed and enforced through a process called “halving”, which, as the term suggests, halves the number of new tokens released every four years. Creating this scarcity reflects the basic supply and demand economic principles that underlie the long-term value held by gold, another limited commodity.
Another parameter that makes ProperT such an attractive asset to hold, is that it will employ burning. Burning is a common technique in the crypto space (employed also by Ethereum, for example) that involves deliberately and permanently removing tokens from circulation. In the case of ProperT, tokens will be burned once they are spent.

A world of gift cards and spending opportunities awaits

Thousands of businesses have already begun to maximize the spending capacity of the growing number of crypto users by offering gift cards. These digital cards allow crypto users to interact with and purchase from fiat-based companies without leaving the crypto space. This is not only an easier option, but also a cheaper option than exchanging crypto for fiat currency. Crypto natives are able to bypass unnecessary conversion and blockchain fees, and spend their crypto as credit. International companies such as Ikea, Apple, Sky, and Spotify all offer gift cards, allowing this affluent demographic to use their funds for practical means.
In order to give ProperT immediate value and utility as soon as it is released, we will also launch a gift card platform where ProperT users can exchange their tokens for gift cards. There will be no need to wait for others to onboard the cryptocurrency, it will be instantly functionable. The ForumPay merchant network, upon which the ProperT gift card platform will be based, is growing exponentially, exemplified by the 151% average monthly growth rate in the last year. The platform itself will therefore offer gift cards from a host of merchants offering products and services, which ProperT holders can access using their own tokens, as well as the token-back rewards they receive from each purchase.

Poised for a late November 2023 launch on the Ethereum blockchain (ERC-20) as well as being bridged to (MATIC) Polygon, ProperT is an exciting and promising opportunity for crypto natives. With a 5% token-back rewards program offering users increased spending power, seamless integration with the ForumPay payment gateway, and gift card compatibility to boost its utility, ProperT is an attractive choice for both buyers and merchants interacting within the crypto space.

Find out more by visiting getpropert.com today!

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The Role of Blockchain in Securing Real Estate Transactions https://getpropert.com/blog/the-role-of-blockchain-in-securing-real-estate-transactions/?utm_source=rss&utm_medium=rss&utm_campaign=the-role-of-blockchain-in-securing-real-estate-transactions Mon, 04 Sep 2023 21:02:36 +0000 https://getpropert.com/?p=3447 In the realm of real estate transactions, security, transparency, and trust are very important. The advent of blockchain technology has brought forth a groundbreaking solution to enhance security in real…

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In the realm of real estate transactions, security, transparency, and trust are very important. The advent of blockchain technology has brought forth a groundbreaking solution to enhance security in real estate deals. Now, we will explore the role of blockchain in securing real estate transactions, along with some examples that illustrate its transformative impact.

Enhancing Security through Immutable Records:

Blockchain technology, a decentralized and immutable ledger system, plays a main role in securing real estate transactions. Its key characteristics, including transparency, immutability, and cryptographic security, provide a robust foundation for securing property ownership records and preventing fraud and tampering.

One notable example of blockchain’s impact on securing property ownership records is demonstrated by Sweden’s Lantmäteriet, the national land registry authority. By leveraging blockchain, they have successfully implemented a secure system for storing land titles. This initiative has significantly reduced the risk of fraudulent activities, ensuring the integrity of property ownership records.

Facilitating Smart Contracts for Secure Transactions:

Blockchain enables the execution of smart contracts, which are self-executing agreements stored on the blockchain. These contracts automatically enforce predefined terms and conditions, eliminating the need for intermediaries and enhancing the security of real estate transactions.

A prominent example is the use of blockchain-based smart contracts in real estate transactions facilitated by platforms like Qualia. These smart contracts automate and streamline the process of buying and selling properties, ensuring secure and transparent transactions. By removing the reliance on traditional intermediaries, the risk of fraud and errors is substantially reduced, providing a higher level of security for all parties involved.

Improving Due Diligence and Verification:

Blockchain technology provides an efficient and reliable mechanism for verifying property ownership, conducting due diligence, and validating property-related documents. By leveraging blockchain, real estate professionals can access a secure and immutable repository of information, minimizing the risk of fraudulent or inaccurate data.

An example of blockchain’s impact on due diligence and verification can be seen through the OpenTitle project in Cook County, Illinois. By utilizing blockchain, OpenTitle offers a secure platform for verifying property titles, streamlining the due diligence process, and reducing the potential for errors or disputes. This enhanced verification mechanism instills confidence and security in real estate transactions.

Enhancing Investor Protection and Transparency:

Blockchain technology enhances investor protection by providing transparency and visibility into real estate transactions. With a blockchain-based system, investors can track the flow of funds, monitor the progress of projects, and ensure compliance with regulatory requirements, thereby reducing the risk of fraudulent schemes.

An illustrative example is the emergence of blockchain-based real estate crowdfunding platforms such as Provenance. These platforms utilize blockchain to offer investors access to real estate investment opportunities while ensuring transparency in fund allocation, project updates, and returns distribution. The transparency provided by blockchain fosters trust and confidence among investors, safeguarding their interests.

In conclusion blockchain technology has revolutionized the real estate industry by providing enhanced security, transparency, and trust in transactions. Through its immutable records, smart contracts, verification capabilities, and transparency-enhancing features, blockchain has proven to be a game-changer for securing real estate transactions. The examples highlighted, including Sweden’s land registry authority, Qualia, OpenTitle, and Provenance, exemplify the practical implementation of blockchain technology in securing real estate transactions. As blockchain adoption continues to grow, its role in securing real estate transactions will be instrumental in shaping the future of the industry, paving the way for safer, more efficient, and transparent real estate transactions.

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The Intersection of Crypto and Real Estate: Exploring the Benefits https://getpropert.com/blog/the-intersection-of-crypto-and-real-estate-exploring-the-benefits/?utm_source=rss&utm_medium=rss&utm_campaign=the-intersection-of-crypto-and-real-estate-exploring-the-benefits Mon, 04 Sep 2023 21:00:51 +0000 https://getpropert.com/?p=3443 The intersection of crypto and real estate has revolutionized the industry, offering a range of benefits. Here in this blog, we will explore the advantages brought forth by this convergence,…

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The intersection of crypto and real estate has revolutionized the industry, offering a range of benefits. Here in this blog, we will explore the advantages brought forth by this convergence, along with concise examples that highlight its transformative power.

Increased Liquidity and Accessibility: 

Cryptocurrency integration has increased liquidity and accessibility in real estate. Platforms like Propy allow users to buy, sell, and trade properties using cryptocurrencies, making transactions more efficient and accessible. For example Propy enables global real estate transactions through blockchain technology, reducing transaction costs and eliminating traditional banking barriers. Investors can explore property markets worldwide with ease.

Global Transactions and Investment Opportunities:

 Cryptocurrencies facilitate global real estate transactions and expand investment opportunities. Investors can bypass traditional banking systems and invest in properties across different countries, promoting economic growth and diversification. To exemplify; international investors leverage cryptocurrencies to invest in foreign properties, mitigating foreign exchange risks and expanding their investment portfolios.

Fractional Ownership and Tokenization:

Tokenization divides properties into digital tokens, enabling fractional ownership and lowering entry barriers for investors. For example, platforms like RealT and Harbor offer fractional ownership in real estate properties through digital tokens, democratizing real estate investment and allowing small investors to participate in high-value assets.

Smart Contracts and Streamlined Processes:

Smart contracts automate real estate processes, reducing paperwork and intermediaries.

Blockchain-based smart contracts simplify rental agreements, eliminating paper contracts and enabling automatic rent payments using cryptocurrencies.

Hedge Against Inflation and Store of Value:

Cryptocurrencies, like Bitcoin, serve as a hedge against inflation and a store of value in real estate investments. For example; during economic instability, individuals convert their assets into cryptocurrencies to preserve wealth and invest in real estate, protecting their investments from currency devaluation.

In conclusion, the intersection of crypto and real estate brings a range of benefits that reshape the industry. Increased liquidity, global accessibility, fractional ownership, streamlined processes, and the hedge against inflation all contribute to an evolving real estate landscape. Embracing these transformative trends unlocks opportunities for investors and paves the way for a more inclusive and efficient real estate market.

Browse https://getpropert.com for more information about tokens and their benefits !

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Smart Contracts and Escrow Services: Enhancing Security in Crypto Real Estate Deals https://getpropert.com/blog/smart-contracts-enhancing-crypto-real-estate-deals/?utm_source=rss&utm_medium=rss&utm_campaign=smart-contracts-enhancing-crypto-real-estate-deals Mon, 04 Sep 2023 20:59:16 +0000 https://getpropert.com/?p=3439 In the world of crypto real estate deals, security and trust are of prime importance. Fortunately, the integration of smart contracts and escrow services has revolutionized the industry by providing…

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In the world of crypto real estate deals, security and trust are of prime importance. Fortunately, the integration of smart contracts and escrow services has revolutionized the industry by providing enhanced security measures. Today, we will explore the significance of smart contracts and escrow services in crypto real estate transactions, highlighting their professional benefits through clear and understandable examples.

I.               Understanding Smart Contracts:

Smart contracts are self-executing agreements written in code and stored on a blockchain. Their primary function is to automate contract terms without the need for intermediaries, streamlining real estate transactions and increasing transparency. For example, platforms like Propy utilize smart contracts to automate real estate purchase agreements, ensuring secure and transparent transactions.

II.             The Role of Escrow Services:

Escrow services act as trusted third-party entities that hold funds or assets during a transaction, ensuring security and trust between buyers and sellers. By acting as neutral intermediaries, they safeguard funds and assets until predetermined conditions are met. To illustrate, platforms like Bitrated offer specialized escrow services tailored for crypto transactions. Buyers securely transfer funds to the escrow, which are held until the seller fulfills the agreed-upon conditions, mitigating the risk of fraud and ensuring a safe transaction.

III.            The Synergy between Smart Contracts and Escrow Services:

When smart contracts and escrow services work in harmony, they provide enhanced security and fraud prevention in crypto real estate deals. By utilizing smart contracts, the transaction process becomes automated, transparent, and tamper-proof. Escrow services complement this by acting as a trusted intermediary, holding funds until all contractual obligations are met. Together, they offer a robust security framework that instills confidence in both buyers and sellers.

The integration of smart contracts and escrow services has significantly enhanced security in crypto real estate deals. Smart contracts streamline transactions and increase transparency, while escrow services act as trusted intermediaries, safeguarding funds until all conditions are met. Through this synergistic approach, buyers and sellers can engage in secure and trustworthy transactions, fostering confidence and driving the adoption of cryptocurrencies in the real estate industry. As the crypto landscape continues to evolve, the collaboration between smart contracts and escrow services will undoubtedly play a crucial role in ensuring the integrity and security of crypto real estate transactions.

Learn more at https://getpropert.com/ 

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