Boutique Resort in Indonesia Auctions NFTs For Hotel Perks

LABS Group, an end-to-end blockchain property investment platform, has successfully raised $3,650,000 for Kunang Kunang Resort using NFT. Kunang Kunang Glamping Resort is the world’s first-ever community-owned project fractionalized into Rewarding Timeshare (RTS) NFTs, transforming the way investors build their diversified portfolio, with access to diverse assets, low transaction costs and the ability to trade 24/7. The auction of the NFT supplied 1095 RTS-NFTs, with each day of the calendar year represented by 3 RTS-NFTs. Interested parties will be able to purchase RTS-NFTs with lower....

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 […]

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 tourism organization in Portorož, a summer resort on the Adriatic coast of Slovenia, has decided to promote the destination using non-fungible tokens (NFTs). The project represents the digital component of this year’s campaign to attract visitors to the region. Tourists in Portorož to Collect NFTs and Win Prizes Shortly after the Slovenian Tourist Board (STB) issued a “sLOVEnia NFT” last month, Portorož, in the southwestern municipality of Piran, has now become the country’s first resort with its own non-fungible tokens. The main goal of....

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....