{"id":313900,"date":"2021-08-02T13:45:26","date_gmt":"2021-08-02T10:45:26","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/brand-executive-posts-discounted-utah-home-listing-for-dogecoin\/"},"modified":"2021-08-02T13:45:26","modified_gmt":"2021-08-02T10:45:26","slug":"brand-executive-posts-discounted-utah-home-listing-for-dogecoin","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/brand-executive-posts-discounted-utah-home-listing-for-dogecoin\/","title":{"rendered":"# Brand executive posts discounted Utah home listing for Dogecoin"},"content":{"rendered":"

“# Brand executive posts discounted Utah home listing for Dogecoin <\/strong>”
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Crypto as a payment option for real estate continues to gain traction as the adoption of digital currencies for commercial transactions continues to take shape.<\/p>\n

Scott Paul, founder of Utah-based marketing agency Wooly, put up his Saratoga Springs home for sale, with Dogecoin (DOGE) as an acceptable payment method, according to a report<\/a> by Fox 13 on Sunday.<\/p>\n

While the listing price is set at $399,000, Paul is reportedly ready to offer a 10% discount if the purchase is made via Dogecoin. Commenting on the potential volatility risk associated with a real estate deal conducted via DOGE, Paul remarked, \u201cI\u2019m a very risky person. I think the chances of me selling it in Dogecoin and having it go up by 20%, 30% or 40% is more likely.\u201d<\/p>\n

Given the current price of Dogecoin, Paul\u2019s house listing at a 10% discount will amount to 1,734,782.60 DOGE. The eighth-ranked crypto is down 72% from its May all-time high as of the time of writing.<\/p>\n

The Wooly founder\u2019s background in brand recognition and viral marketing also offers a likely explanation for the decision to accept Dogecoin as a payment option. DOGE is arguably the largest viral meme coin in the crypto space, with its price growth often fueled by the same techniques ubiquitous in the influencer marketing arena.<\/p>\n

Related: <\/em><\/strong>Law professor calls for crypto mining regulation during US Senate hearing<\/em><\/strong><\/p>\n

For Paul, the decision to accept Dogecoin for his house is also part of a longstanding interest in cryptocurrencies dating back to 2015. Paul told Fox 13 that he was an early adopter of Bitcoin (BTC) and Ether (ETH).<\/p>\n

As previously reported by Cointelegraph, Bitcoin payments for real estate are on the rise. In June, E11even Hotel and Residences, a Miami-based luxury condo developer,\u00a0announced the receipt of its first crypto deposit for property purchases.<\/p>\n