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A St Louis Home Is Being Auctioned Off As An NFT On Mintable

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Coinness reporter

Thu, 11 Mar 2021, 06:04 am UTC

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.

Coinness

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