The World’s First Resort NFT Raises $3.65 Million, Giving Holders 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....
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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 […]
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 […]
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Giving Tuesday marked the start of the season for crypto giving and The Giving Block is leading the crypto fundraising campaign. After Thanksgiving Thursday, Black Friday and Cyber Monday comes Giving Tuesday, a day that encourages contributing to charity. The year saw a rise in crypto-philanthropy, thanks to The Giving Block’s initiative of Crypto Giving Tuesday, which initially began in 2019. The organization that equips nonprofits to accept cryptocurrency donations raised $2.4 million dollars in crypto this year, a 583% increase from Crypto Giving Tuesday 2020. From charities,....