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A House in South Carolina was just sold on OpenSea for $175k

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A House in South Carolina was just sold on OpenSea for $175k

Forget Apes and PFPs, an actual house was sold on OpenSea for 175k USDC.

Newly renovated three-bedroom home - Sold as an NFT.

Link to the listing: https://opensea.io/assets/ethereum/0xf928d6285b8a4f9ac5a640ae598d7399c331cea7/0

Link to the onchain sale transaction: https://etherscan.io/tx/0xa7b2e89bf6d5cc8e605c1cf8823e532f87790d1816f7f98df77127cc98a1021f

The home is legally structured as an LLC that holds the title to the house. On selling the NFT, the title is legally transferred to the buyer.

The trade was facilitated by Roofstock, an online real estate marketplace that has been in operation since 2015: https://www.roofstock.com/

Recently, seeing the opportunity, they have started offering a separate onChain segment among their services, where people can buy and sell houses as NFTs.

https://onchain.roofstock.com/properties/0xF928d6285B8a4f9ac5A640ae598D7399C331cea7/0

submitted by /u/Set1Less
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