Bitcoin enthusiasts will have their hands on a piece of technology known as the “magic tree” house, which can be used to buy homes and apartments for around $4,000, according to a report from the New York Times.
The house can also be used as a place for individuals to live and work while they live in their own homes.
The new house will be called “The Magic Tree” and will feature a “sway beam” that can be moved about.
“The magic tree house is a great way to start investing in the blockchain,” said Ben Siegel, an entrepreneur and developer who was named as the inaugural chief technology officer of The Magic Tree House, the company that is developing the house.
“I’m very excited to be a part of this project and am excited to share with you more details about the magic tree.”
Siegel is a co-founder of the crypto-startup Bitmain, which is the biggest bitcoin miner.
In January, Bitmain was acquired by Chinese internet company Tencent, which plans to use the technology to help run its own decentralized online shopping platform.
The company is planning to launch a digital currency wallet in the coming months, and will also be working on a bitcoin ATM in its New York office.
Bitmain has also recently unveiled plans to build a Bitcoin ATM in a New York City restaurant.
Siegel says that The Magic Trees houses will also help the community grow, as the company will be able to offer services like “reserve” and “buy and sell” to residents, which will also allow them to pay bills in bitcoin.
“This is a fantastic opportunity for The Magic Team to create a decentralized, user-friendly blockchain platform for the entire community,” Siegel said in a press release.
“We are also launching a bitcoin mobile app to allow people to purchase, store and sell in real time, and use the platform to buy, sell, or even rent houses for their friends, family and pets.”
According to Siegel and his company, The Magic City House will allow people who have been involved in the cryptocurrency community for a long time to get involved with the project.
The magic tree is currently undergoing testing with the community, with users able to purchase the house and other properties on a “first-come, first-served” basis.