Did you think you could buy housing with NFT? Now is the time

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Contents

When we talk about Nft many people usually relate them to any type of image created under the JPEG format, but which usually has a fairly high value. On the other hand, If you are thinking of trading Bitcoins, Look for a reliable platform like biticodes.

Many people have paid millionaire amounts for this type of digital works, What attracts everyone's attention today is the fact of being able to acquire a house or property through this type of tokens..

Web3 protects ownership of digital assets

Since the emergence of NFTs, the means to authenticate and keep protected digital assets that have been created in the form of digital art has been the Web3.

Property despite being a concept of the daily life of human beings has moved to what is the age of technology, where it is used as a means of conformity to the creation of a product that has been authored and owned by a third party, a fact that is respected and promoted by giving greater value to these assets.

Recently we have seen how the use of blockchain technology and NFTs has positioned itself becoming the future of one of the most productive sectors in terms of generating profits from the transactions that are executed and this is the real estate sector..

After all these advances, the use of a traditional database to keep track of a property seems to be left behind., with the appearance of Web3 opens a new possibility where the rank of digital asset is given to any good or property that is registered in the blockchain managing to be administered in the form of NFT, Smart contracts or just keeping it on the network.

With this new proposal you can diversify the options to buy a property online, through process automation, Gaining trust, safety, Speed and efficiency in the procedures and best of all, the identity of the parties involved is safeguarded.

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Is it possible to buy a property online??

It may seem impossible due to what the acquisition of real estate represents, Not only because of the procedure and the amount of paperwork that this implies but also because of the fact that there are mortgages in between..

Another of the modalities that are capturing the interest of many is the possibility of acquiring mortgages in a cryptographic way, This refers to new services that have the possibility of settling mortgages linked to wallets of Bitcoin.

A service that is in full growth, companies that are known as DeFi, That is to say that you manage your finances in a decentralized way without having to use intermediaries such as traditional banking and financial entities..

The possibility of acquiring a home in the form of NFT is just being promoted, where as the OpenSea marketplace works to sell or buy digital works of art, A market will be created that in order to execute a transaction users must be linked to a crypto wallet.

The possibilities in the future are much more open to a scenario that will be immersed in what refers to the Metaverse., where through a few clicks people can acquire their real estate properties.

The general concept would be as follows: to be able to acquire a home in the form of NFT, The user must mainly have a wallet linked to the cryptocurrency market or, failing that, an online bank, where it will be auctioned through the use of the blockchain, (Reliable and secure network) to be able to acquire it.

If in the event that the user does not have the full sum and wishes to acquire a mortgage loan, You can do it in the same way through an auction process and be approved immediately..

Third NFT property for sale

It happened in Tampa on 13 April this year, where, despite the seller's not being present, all the procedures were processed through the Web3, achieving that the buyer could complete the transfer of the property by possessing all the documents.

This transaction is recorded in the Blockchain network and cannot be altered by any user., So anyone can access the website that served as a bridge and witness what's coming for the future of real estate..

Conclution

If there is one thing we can be sure of, it is that technological advances are not a passing fad., In many cases the quality of the projects is usually high, Such is the case of the blockchain.

On the other hand we find a new concept that joins this new technological trend and are the non-fungible token (Nft), These have appeared to maximize areas of entertainment such as art, Music and video games.

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