A real home is now an NFT

A broker named Shane Dulgeroff has decided to take advantage of the NFT hype. He is selling a home at 221 Dryden Street, in Thousand Oaks, California, along with an NFT of a video with a psychedelic flavor.

The artwork and home will be auctioned on OpenSea, with a minimum bid of 48 ETH, or nearly $ 117,000. No one has bid yet, and the auction closes in seven days. According to the home platform Zillow, the house used to sell for $ 746,000.

“It’s less about the importance of art, because it’s the importance of using a platform like this to sell a home,” Dulgeroff said. Quick company. ‘The meaning that the art will carry, it will be stored forever in your digital wallet as living proof that you have ever bought the first home made directly by any form of a crypto platform. So this is where the real value is. ”

NFTs are commonly used to support digital goods – for example: art, music and trading cards. Currently, there are no laws to explain how this can work or what the tax will be. “It’s a really interesting process to look at the legal side of it, the tax side of it, the transfer side of it to make sure it’s all done right,” Dulgeroff said. Quick company. Maybe that explains the lack of bidding – no one wants to get in trouble with tax collectors.

The art that comes home was designed by Kii Arens. This is not the only Arens NFT; his pop art candy inspired by Yusaku Maezawa’s space mission is also on sale. Maezawa, a Japanese billionaire, announced in 2018 that he plans to go to the Moon with artists. “I want to be on that spaceship as it goes beyond what any human has from Earth,” Arens wrote to explain the inspiration for the NFT set.

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