HomeJab has likewise joined forces with Tennessee-based Team Title Services and Mortgage Token, an organization that permits clients to use their home value to put resources into cryptocurrency.
With the new help, homebuyers have the choice to buy the NFT-supported property with USD Coin (USDC) – a computerized cash completely upheld by US dollar resources – on the Ethereum blockchain. HomeJab gets 1% on the NFT deal, with the returns dispersed to the title organization working with the end and recording of the deed. The merchant and purchaser specialist commissions would be important for the settlement explanation, similar to some other customary transaction.
“For real estate agents, we provide an easy way to promote their listings to a new market of potential buyers, and it doesn’t cost them anything,” said HomeJab organizer and CEO Joe Jesuele. “For crypto enthusiasts, we offer a way to purchase real-world assets legally using blockchain.”
“Mortgage Token is an autonomous modernized lending platform bridging the gap between real estate and crypto lending,” said Jason Yourofsky, pioneer behind Mortgage Token. “We look forward to launching before the fourth quarter of 2022 as the first lender specifically investing in cryptocurrency.”
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