A Colorado Church Utilizes Blockchain Technology to Tokenize a Cathedral
Publication Time:2024-08-19 02:01:06
The church organization in Colorado is employing innovative methods to tokenize a $2.5 million cathedral, aiming to purchase the building. Rev. Blake Bush, who leads this project, says that this action is inspired by higher principles and intends to use blockchain technology as an essential tool in advancing its mission. The 'Old Stone Cathedral', measuring 11,457 square feet, was sold for $2.2 million in 2022. Bush, along with the Colorado Praying Place organization, plans to acquire the cathedral at a higher price. After a spiritual revelation, Bush conceived the idea of digitizing and tokenizing the building, making it a digital asset that can be divided into shares on the blockchain.
Blockchain Technology
Cathedral Tokenization
Colorado Church