Real estate project in Dubai to be the 'first major development where you can purchase in bitcoin'

British entrepreneurs Michelle Mone and Doug Barrowman have launched a bitcoin-priced real estate development in Dubai. The project spans more than 2.4 million square feet. An initial tranche of 150 apartments will be sold in bitcoin in a world-first. Studio apartments will be sold initially at a starting price of 30 BTC — worth $133,918. Read the complete story on CNBC...

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I'm an entrepreneur, advisor, and public speaker in the application of Bitcoin / Blockchain to real estate. I have 10 years of real estate experience including development, title insurance, and investing. I bought my first bitcoins in 2012. I founded the non-profit International Blockchain Real Estate Association (IBREA) in 2013. My nascent startup, velox.RE, will bring transparency and liquidity to real estate transactions.