The Downtown Miami market is on fire amidst a number of building launches and splashy sales. Now the City of Miami has seen its first crypto sale of the year as Unit 5306 in Marquis Residences has sold for $7.2 million in Ethereum that was transferred to USD Coin, a digital stablecoin that is pegged to the United States dollar.
Read MoreFirst-Ever MetaReal Mansion Under Construction In Both Miami And The Sandbox Metaverse
The first ever MetaReal mansion is currently under construction in both Miami in real life and in the Metaverse and is expected to fetch millions when it goes to auction. Meta Residence, ONE Sotheby’s International Realty and Voxel Architects have aligned to build and sell the first real-world mansion using NFT technology.
Read MorePMG Partners With FTX.US To Accept Cryptocurrency at South Florida Real Estate Developments
PMG has announced a partnership with West Realm Shires Services Inc. (“FTX.US” or “FTX”), a leading U.S.-regulated cryptocurrency platform, as the sole platform handling cryptocurrency conversions for two of its South Florida projects deposits and residential transactions.
Read MoreUltra-Luxe Condo At One Thousand Museum Sells For $7.2 Million In Cryptocurrency Ethereum
Crypto sales in Miami continue to become more mainstream as the city continues to make itself a Crypto City and emerging tech hub. Unit 2202 at One Thousand Museum by Zaha Hadid Architects has sold for $7.2 million in the cryptocurrency Ethereum.
Read MorePROFILE Insider: The Crypto Revolution Versus The Evolution Of Blockchain In Real Estate Part 1
When it comes to understanding cryptocurrency and blockchain, nearly the entire world is in the dark. Bitcoin was first released in 2009, and although over the past decade both became more mainstream, the crypto and blockchain worlds are still in their infancy.
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