$0.00331 -2.13%
DOGE · 24w

Much mansion, wow!

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Nowadays, selling a property is not an easy task, especially if it’s the expensive, luxurious six-bedroom mansion Dancers Hill House. After unsuccessful efforts to sell their house, set in an ‘oasis of seclusion’ near London, a couple has decided to raffle it off.

For the price of a regular cinema ticket (£13.50), you will have the chance to win this marvelous mansion which comes with a cinema room. Payments can be made via a credit/debit card or with BTC, ETH, LTC, XRP and up to around 50 cryptocurrencies.

A revolutionary method of house sales?

Raffling a house is not a new idea but has rather recently become a less unconventional one. Basically, you purchase an entry that usually cost as much as a cinema ticket or even less and you get the chance to win the given property for a tiny fraction of its original price. The idea seems appealing, and in the majority of cases ends successfully for homeowners.

Since property and land prices have been increasing faster than salaries for years, it is of no wonder that homeowners will have struggled to find a purchaser. Same was the story of Melanie Walsh, who failed to sell their Georgian grade II listed property, built in 1760 and refurbished in 1992, the property is worth over £5 million.

Crypto payments?

There is something that makes Dancers Hill House competition special, and that would be the payment methods. It is the first house raffle in the world to allow cryptocurrency payments, and by doing so, they have opened their competition for the whole world — even people that have no access to banking solutions have the chance to win this great piece of land. Other, who struggle with high bank commissions, can leverage the extremely cheap transaction costs of some the accepted cryptocurrencies.

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