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The World’s Most Expensive NFT Comes With a House Moved

It could be the first time in the world: buy an NFT and get a house for free.

Hampton Hall, Fine & Country

A developer in Great Britain is building the 11-bed monolith in Surrey, southern England. It will feature bulletproof windows, a swimming pool, cinema and bowling alley – all on a 0.5 ha plot.

So far so good? Well, this house also comes with a non-fungible token, containing the blueprint and virtual version of the property.

The future owner of Hampton Hall NFT will be able to download the house into a virtual world like De-center or hang it in a digital picture frame on the walls of the royal house.

Hampton Hall, Fine & Country

Built on land owned by the Crown Estate, which means you will have to rent it out, the house will be 2,700 square meters of Cotswold stone and Corinthian columns and will have a 116 meter frontage.

There will be parking space for up to six vehicles, including an elevator to the basement that will house a car gallery, pool room and home cinema.

Hampton Hall, Fine & Country

But why are we writing in the future tense, you may ask? Because the house hasn’t been built yet. In fact, the land has been on the market since March 2020 and the work on the house has not yet started. Hence the appeal of NFT technology to help market the property.

“While Hampton Hall may be among the first, I believe it will certainly not be one of the last super-prime properties to launch as NFT as there are several leading agents in the US that are openly working on major projects,” says Sean Barratt of Agents. Fine & Country.

“NFTs are a real trend right now. We recently sold a $6.6 million home in Surrey, a period property that has been extensively renovated and expanded.

“The developer asked the buyer if he would be interested in purchasing an NFT of the home for 2% of the purchase price of the physical asset. The buyer said yes, very quickly,” Barratt told The Times.

Hampton Hall, Fine & Country

The house will be close to the towns of Esher, Cobham and Weybridge, which have independent shops, boutiques and award-winning restaurants, and is just 20 km from London.

Last April, an NFT fan paid $500,000 for a virtual real estate asset. The Toronto buyer received clips and 3D files for his purchase. Krista Kim designed the property, called “house of mars”, during the quarantine.

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About the author

Archu

I am CBC, I am a Crypto expert and a part-time blogger. I usually write about how and where to buy crypto coins in legit ways.

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