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June 19, 2018

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Lambeau Field “Packer” House First to Market in U.S. Using Blockchain

January 3, 2018

 

Market Watch reports former Facebook executive and Green Bay native, Chris Murphy recently put his "Packer House" up for sale. “Murphy, a crypto enthusiast, wants to use the funds to back bitcoin initiatives,” said Natalia Karayaneva, chief executive of Propy.

Fans with $1 million in cryptocurrency will literally be able to walk to games at Lambeau Field from their new digs.
 

Now off-market according to Zillow, this 3 bedroom is the first U.S. property to be sold on the blockchain, global property marketplace Propy said. The 1,000-square-foot property was listed for $1 million in cryptocurrency, but real estate website Zillow estimated its value to be just over $256,000.

 

 

That hefty $1 million asking price seems doable, given Bitcoin’s value today at close to $14K. Only 76 Bitcoin and you’re in the door to your new house, one of six known for their Green Bay Packer/NFL proximity appeal.

That is if Murphy were actually taking Bitcoin, which he’s not.

 

 

Why market a home using blockchain?

Blockchain is the foundation of cryptocurrency. It prevents double spending of the same coin, and it gives the consumer a verifiable self-recording digital ledger.

 

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