Dogecoin (DOGE) has often been seen as a joke coin, or an asset for TikTok speculators to gamble on, simply now you can buy entire luxury apartments in Lisbon, Portugal with the currency.

Zug-based crypto payments and OTC liquidity provider FNTX Capital Suisse has partnered with Portugal-based property developer 355 Developments to offer condos for crypto in the capital.

The partnership will enable buyers to purchase apartments with Dogecoin, Bitcoin (BTC), Ether (ETH) and Cardano (ADA) via FNTX'due south "Real Estate Substitution," which updates the crypto pricing of each list in existent-fourth dimension. There are currently 3 listings on the exchange, with the cheapest — a 2-bedroom apartment — priced at around 1.57 million Dogecoin, worth roughly $690,000. The most expensive list is a penthouse priced at around 5 meg Dogecoin, worth roughly $two.two 1000000.

Growing tendency

Yahoo Money reports that April saw an increase in American sellers who are looking to have crypto payments for real manor:

"Last month, there were 71 listings that mentioned crypto or Bitcoin in their descriptions on the real estate list site. That's 14.3 listings per 100,000 homes, the highest rate on record, according to the data."

On Fri, Cointelegraph reported that Miami'due south Arte Surfside luxury apartments are now accepting payment for real estate in multiple cryptocurrencies, including Bitcoin and Ether. The complex is home to Ivanka Trump.

Crypto at the embankment club

Crypto payments are becoming more and more widespread. On Midweek, Montreal's biggest outdoor venue, "Embankment Club," announced that patrons will be able to purchase alcoholic beverages with crypto, starting adjacent year. Beach Club owner Olivier Primeau said in a social media mail:

"Beachclub volition officially exist the kickoff club in Canada to accept Bitcoin and Ethereum as a method of payment."

All the same, the post was light on details about how the 100,000 capacity venue would really accept crypto payments, with the possessor simply saying in that location are "several platforms" being considered for launch in 2022.

This suggests that part of the reason businesses are keen to accept crypto for payments has as much to exercise with getting gratis publicity equally it does the futurity of the digital economy.