AN 11-bed mansion is on the market with its own virtual replica for £29million.

Hampton Hall’s owners will be exclusively offered a non-fungible token (NFT) containing the home’s copyrighted blueprint and digital version.

An 11-bed mansion will have its own virtual replica

6

An 11-bed mansion will have its own virtual replicaCredit: Fine & Country
Hampton Hall will be sold for £29million

6

Hampton Hall will be sold for £29millionCredit: Fine & Country
The mansion, which has a pool, could be worth more as NFTs could sell for a lot

6

The mansion, which has a pool, could be worth more as NFTs could sell for a lotCredit: Fine & Country

It means they can download the house into a virtual world or upload it into a digital picture frame to hang on the walls.

But the house may be worth a lot more as its NFT could sell for a high price.

NFTs hold data which is used as proof of ownership. It is secured on a digital record of transactions known as blockchain.

Both the real and virtual mansion will have a private bowling alley, home cinema, gym, swimming pool and bullet-proof windows.

Sean Barrratt, of Fine & Country estate agents which is selling the house and token, said: “NFTs are a real trend at the moment.

“We recently sold a £5million house in Surrey. The developer asked the buyer whether they’d be interested in buying an NFT of the house for two per cent of the purchase price of the physical asset.

Most read in Money

“The developer wanted to test the waters. The buyer said yes, very quickly.”

He said it is difficult to predict how much the virtual version will sell for, adding it will depend on the interest generated. The owner of the mansion will get first refusal.

Developers Stately Homes will build the mansion on a 1.3 acre plot in the gated Crown Estate in Oxshott, Surrey.

Hampton Hall will be bought and sold on the digital NFT marketplace OpenSea, The Times reported.

An NFT of a five-bedroom home in Florida, US, sold for £480,500 last week.

Another NFT home was sold for about £370,000 by Canadian artist Krista Kim.

Investing in cryptocurrency or NFTs is dangerous as it can cause a huge loss of money.

Hampton Hall will be built in Surrey

6

Hampton Hall will be built in SurreyCredit: Fine & Country
An NFT will act as proof of ownership

6

An NFT will act as proof of ownershipCredit: Fine & Country
The real and virtual mansion will have a private bowling alley, home cinema, gym, swimming pool and bullet-proof windows

6

The real and virtual mansion will have a private bowling alley, home cinema, gym, swimming pool and bullet-proof windowsCredit: Fine & Country

This post first appeared on thesun.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

‘Absolutely ridiculous’ cry shoppers as discount chain with 800 sites & ‘loads of bargains’ to shut branch in weeks

A DISCOUNT chain with 800 shops is set to close another branch…

Jobs bloodbath as Wilko shuts 124 more stores

Thousands more Wilko staff will lose their jobs next week as another…

Hotels boss Sir Rocco Forte on losing millions in Covid and how war in Ukraine will affect business

Directions to hotelier Sir Rocco Forte’s country residence come with a ‘Good…

The world’s top ski resorts for executives revealed by Savills

The world’s most desirable ski resorts have been revealed by an upmarket…