Historic First San Francisco Bitcoin Home, 20Mission, to
SAN FRANCISCO, April 29, 2021 (GLOBE NEWSWIRE) – (via Blockchain Wire) –– 20Mission (http://www.20mission.com/), a groundbreaking startup community and co-living space for creatives, technology and Entrepreneurship in San Francisco, will launch a one-of-a-kind auction of spaces on May 5th at this historic building coined as NFTs. Ownership of each NFT offers the option to sign a 75-year lease for as little as $ 1 per month. In addition to the real estate asset, auction winners receive an additional NFT, which gives them an exclusive right to use their space as a virtual asset. NFTs representing each room will be minted in a peer-to-peer NFT marketplace starting May 5th.
Developed by Jered Kenna, the early bitcoin exchange pioneer and founder of the US’s first bitcoin exchange, 20Mission is a crypto landmark and location of the very first bitcoin house to be the first to accept bitcoin for rent. It hosted the first Bitcoin Meetups in San Francisco, the first Bitcoin art exhibition, was the location of the first documentary on Bitcoin in 2014: The Rise and Rise of Bitcoin, and served as the founding site for TradeHill and Ripple when Jered Future introduced CEO Chris Larsen to Ripple on the roof. 20Mission now offers luxurious co-living spaces in the heart of San Francisco fully equipped for turnkey living with an integrated, neighboring startup community to encourage entrepreneurship.
“NFTs have had a huge impact on virtual real estate by selling digital homes, but there is a largely untapped market for real estate tied to NFTs,” said Jered Kenna, Founder and CEO of 20Mission. “20Mission is introducing an entirely new model that will shake up the real estate market, allowing auction winners to rent co-living space on a 75-year San Francisco property lease at a fraction of the cost with no extra charges and never taxes. ”
The auction starting price for the NFTs in each room depends on the size, location and equipment of each Coliving Space. Bidders can also purchase NFTs for virtual access to all future virtual properties from 20mission.
For more information on 20Mission and the NFT auction, please visit: http://www.20Mission.com/.
OVER 20Mission:
20Mission is a 41 room San Francisco coliving community focused on the arts, technology and entrepreneurship in the heart of the Mission District. The room consists of commercial space and individual rooms that are fully equipped for turnkey living. Developed by Jered Kenna, creator of TradeHill, the first Bitcoin exchange, 20Mission is a crypto landmark and location of the very first house to accept Bitcoin for rent payment. 20Mission now allows tenants to buy NFTs at auction to rent coliving space on a 75-year lease for $ 1 per month. More information is available at http://www.20mission.com/.
Media contact: 20mission@transformgroup.com
Company contact: press@20mission.com
