First German Real Estate Auction with young Cryptocurrency
Buying a condominium with Bitcoin or Ether has never been done before in Germany. A young auction platform changes this now, because on TWNKLBDS (pronounced Twinklebids) one can bid on a real estate in Chemnitz with digital money.
One of the world's first crypto real estate auctions is currently taking place in Germany. An apartment in Chemnitz is for sale at www.twnklbds.com with no reserve price or minimum bid. The highest bidder does not pay in Euros or US Dollars, but in Rainbow Currency, a young but successful digital currency that has already been recognized as legal means of payment by the Federal Ministry of Finance (Germany). The Rainbow Currency tradable unit on international exchanges, is called Twnkl (ticker symbol YEM), from which the name of the auction platform is derived.
Within a few hours the auction was viewed several thousand times and numerous bids were placed. "The campaign is already a great success." Cate Kozikowski, CEO of Unicorn Network, which is the initiator of this project, reveals: "Several property owners have announced that they will list more apartments," and further "other products and services can also be auctioned at TWNKLBDS for crypto money, currently listed are electrical appliances, jewelry, clothing and other items". The maximum bid for the condominium is currently just under US$1,400, so bargain hunters should be vigilant.
Last week Rainbow Currency already attracted attention with the announcement of the completion of the first German real estate purchase with crypto currency. Now follows the first real estate auction with digital money and makes the Twinkle finally the first choice for blockchain-based real estate transfers.
View to the auction site
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