Livly Residents Can Now Pay Rent in Cryptocurrency

Livly Inc, a real estate technology company based in Chicago, developed a new app called Livly which now provides users the option to pay rent with cryptos.  In the beginning, the app was developed to be a resident experience platform for apartment communities.  According to the company, they are changing the apartment living with early Web3 adopters in the company. They stated they are “actively reviewing partnerships with widely accepted crypto exchange platforms to ensure maximum reliability and security.” 

“By accepting cryptocurrency for rent payments, specifically Bitcoin (BTC) and Ethereum (ETH), Livly will be combining frictionless property technology with the latest blockchain technology to address residents’ growing demand for more flexible and easy-to-use rent payment options.” 

According to  Livly Founder Alex Samoylovich, “We want to offer residents who have cryptocurrency an additional option to pay their bills with the method they prefer. We are always looking for ways to enhance and expand resident convenience.”

Livly CEO Brian Duggan said, “One of Livly’s biggest strengths is in our ability to evolve, meet, and exceed the needs of our apartment communities using modern technology. Livly has always been at the forefront of innovative proptech. It only makes sense for us to be the first resident mobile app to accept cryptocurrency for our residents nationwide.”

Livly joins another app that allows landlords to change their rent in cryptocurrencies.  ManageGo’s online platform provides connections between building managers or landlords and their residents.  The residents can use the app to pay their rent digitally which accepts bitcoin, litecoin, or ether.

MagageGo uses Coinbase’s application programming interface (API).  This allows users to get real-time exchange rates and allows residents and landlords to receive accurate conversions for cryptocurrencies.