Bitcoin Becomes Venezuelans’ Last Resort, Even When Buying Food
Amidst the worsening economic crisis and financial turmoil, Venezuelans are in search for alternative assets and stores of value to finance their daily living. The imposition of excessive regulation on physical assets such as gold has pushed the demand for Bitcoin in the struggling country. The death toll of starving Venezuelan children is rapidly increasing in Venezuela, to the point where military personnel resort to trafficking food into the country and residents are struggling to acquire basic necessities like medicine. Bags of money. In December of 2016, the New York Times provided....
Related News
LABS Group, an end-to-end blockchain property investment platform, began its auction of the world’s first-ever community-owned resort and rewarding timeshare (RTS) non fungible token on July 15, 2021. Kunang Kunang Glamping Resort, the brand new resort located in Banyuwangi, Indonesia, is developed and operated by LABS Group partner Gravity Resorts. The resort NFT ownership will […]
A boutique resort in Indonesia has auctioned NFTs for hotel perks on the Binance Smart Chain-based NFT marketplace Refinable. LABS Group, a blockchain property investment platform, raised $3,650,000 for Kunang Kunang Resort with NFTs. Kunang Kunang Glamping Resort is the world’s first-ever community-owned project fractionalized into Rewarding Timeshare (RTS) NFTs. The NFTs transform the way […]
Bitcoin is making its way into the payment processing hardware of this posh resort in the archipelagic state located in Southern Asia. As the global adoption of cryptocurrencies grows, more consumer brands and businesses, including the hotel and resort industry, are beginning to accept digital assets as payment. Soneva, a leader in the luxury hospitality […]
The Federal Reserve, established as lender of last resort to banks, looks to be stimulus provider of last resort with U.S. government divided.
LABS Group, the first end-to-end crowdfunding service in the blockchain and real estate industry, has launched the world’s first community-powered and owned resort – Kunang Kunang Glamping Resort. LABS Group fractionalised the entire resort into 365 Rewarding Timeshare (RTS) NFTs, providing successful bidders with benefits never seen before in the traditional timeshare market. The RTS-NFTs will be sold via an auction on Refinable NFT marketplace starting from 1PM UTC July 15th, 2021. Project Introduction Video What is Kunang Kunang RTS-NFT and How Does It Work? How to....