Brand executive posts discounted Utah home listing for Dogecoin
The influencer marketer says prospective buyers can get 10% off the listing price of his house listing if payment is made in Dogecoin.Crypto as a payment option for real estate continues to gain traction as the adoption of virtual currencies for both commercial transactions continues to take shape.
Scott Paul, the 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 by Fox 13 on Sunday.
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: "I’m 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.”
Given the current price of Dogecoin, Paul’s house listing at a 10% discount will amount to 1,734,782.60 DOGE. The eight-ranked crypto is down 72% from its May all-time high as of the time of writing.
The Wooly founder’s 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.
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). 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 announced the receipt of its first crypto deposit for property purchases.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 87.2% | 23 | $64 632.88 | 0.65% | 2.43% | $1 272 627 811 897 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 72.8% | 51 | $3 167.32 | 1.09% | 3.74% | $386 565 012 053 |  |
|
| 3 |  USDT |
Tether predictions | 92.8% | 1 | $0.999505 | 0.02% | -0.09% | $110 408 795 669 |  |
|
| 4 |  BNB |
Binance Coin predictions | 84% | 20 | $616.14 | 3.20% | 12.34% | $90 935 347 112 |  |
|
| 5 |  SOL |
Solana predictions | 64.4% | 71 | $147.76 | -0.81% | 6.46% | $66 055 257 877 |  |
|
| 6 |  USDC |
USD Coin predictions | 94% | 2 | $0.999838 | 0% | -0.02% | $33 235 786 809 |  |
|
| 7 |  XRP |
XRP predictions | 67.6% | 62 | $0.530438 | -0.70% | 6.02% | $29 242 586 591 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 70.4% | 60 | $0.152354 | -0.65% | 1.86% | $21 943 932 939 |  |
|
| 9 |  TON |
Toncoin predictions | 64.8% | 66 | $5.49 | -2.27% | -13.40% | $19 050 349 764 |  |
|
| 10 |  ADA |
Cardano predictions | 64.4% | 72 | $0.473799 | -0.61% | 5.08% | $16 883 306 479 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 60% | 82 | $0.000026 | 0.44% | 14.93% | $15 299 695 761 |  |
|
| 12 |  AVAX |
Avalanche predictions | 67.6% | 68 | $35.87 | -2.56% | 3.71% | $13 561 212 009 |  |
|
| 13 |  STETH |
Lido stETH predictions | 94.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  TRX |
TRON predictions | 83.6% | 21 | $0.117057 | 3.17% | 7.61% | $10 250 734 497 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 84.4% | 19 | $0.116624 | 2.62% | 7.41% | $10 212 821 974 |  |
