Only in San Francisco. At least for now.

20Mission, a 41-room co-living space owned by early Bitcoin millionaire Jered Kenna, is offering a cross between marketing zing and a new type of real estate asset.

Using NFTs—non-fungible tokens that use basic technology at the foundation of cryptocurrencies and provide ownership of digital assets—Kenna is letting people bid on 75-year rights to lease a room for $1 a month, everything included.

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