Currency Economy

A St Louis home is being auctioned off as an NFT on Mintable

Cryptocurrency (Mar 11, 2021 01:40AM ET) A St Louis home is being auctioned off as an NFT on Mintable

A St Louis home is being auctioned off as an NFT on Mintable

Investor Ivan Malpica listed a share in a property at 5828 Wise Avenue in St. Louis on NFT marketplace Mintable last night for roughly 42.43 ETH — worth nearly $76,000 at the time of writing.

The listing promises “NFT fractional ownership (50%) of this fully gutted rehabbed home,” noting the home had been appraised for $138,000 last year and currently generates $1200 in monthly rental income. The listing concludes:Half of this house at 5828 Wise Avenue in St. Louis is up for sale as an NFT

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