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Roofstock Sells Alabama Rental Property Via NFT

Roofstock, a property technology company focused on selling single-family rental homes, has completed its second on-chain property sale through Roofstock onChain (ROC), its Web3 subsidiary. The property sold for $180,000 on an NFT marketplace built by Origin Protocol. It will be the first home to have been purchased on any NFT marketplace with on-chain leverage from DeFi lender Teller protocol. Roofstock was not designed to be a blockchain project — but as the company grew, it saw the potential in blockchain technology and its ability to make single-family rental homes more accessible, Geoffrey Thompson, chief blockchain officer said(blockworks)

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