Office building in New York will be sold as NFT for 15,000 ETH
- June 3, 2022
- 0
New York-based commercial real estate company Okada & Company has put up for sale a 7-story NFT office building. The 4,301 square foot property is located in the
New York-based commercial real estate company Okada & Company has put up for sale a 7-story NFT office building.
The 4,301 square foot property is located in the Chelsea district, steps from Madison Square Park.
The token is listed on the OpenSea market for 15,000 ETH (over $26.4 million at the time of writing) and gives the right to purchase a physical building.
“After you buy NFTs, you get real estate. You can live in the building or rent it. It’s not just an expensive jpeg” Wrote By agency CEO Chris Okada on Twitter.
The owner of the NFT will have to go through a standard procedure to acquire ownership.
Auction ends on 1 July.
Recall that in June 2021, TechCrunch founder and bitcoin investor Michael Arrington sold an apartment in Kiev for 36 ETH (more than $ 93,000 at the time of the transaction) in the form of NFT.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
