First Ever Cryptocurrency Raffle Ticket to Win a Mansion Launches in London
It is all about adoption! The cryptocurrency world invites a new sector in the economy after the first ever ticket sale of a mansion using cryptocurrencies takes off in London.
Buying a house in London’s “oasis of seclusion” has never been this easy and fun. A couple in the capital have put their house on a raffle ticket after failing to sell it. The couple bought the house back in 1992 and spent a year refurbishing it and moved in. Dancers Hill House, as it is named, is an expensive and spacious home covering 4 acres. The house covers 7,500 square feet (700m2) with one and a half acres taken up by a charming lake.
Dancers Hill House lake view (Image:CCN)
The prices of real estate have increased as demand decreased in the past few years since the financial crisis causing an increased difficulty in finding buyers. The tradegy of the housing market may well be another problem cryptocurrencies solve as with the first ever raffle held through crypto.
The Dancers Hill House Raffle Ticket
The raffle ticket costs £13.50, and offers you a chance to win the mansion at an atom of the price you would pay for it. The couple decided to broaden their payment option to allow anyone in the world to play for the mansion. Payments are set to be made in over 50 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Dash (DASH) as well as card payments.
The expensive 5 bedroom mansion also comes with a cinema room, a wine room, gym and two exquisite lounges to complete a fairy first raffle in the crypto world.
The addition of cryptocurrency payments offers the world a chance to participate in the raffle in places that would not have had the chance before. The anonymous and private nature offers a leeway to greater demand of the raffle tickets.
This is the first application to mansion raffle tickets and we will be hoping for more during 2019. Despite the current low prices in the cryptocurrency market, adoption Is increasing across the world.