LABS Enters the NFT Market – The Real Estate Market Game Changer
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....
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The year has started with a batch of announcements regarding tokenization in various sectors. On this occasion, a blockchain gaming platform announced its collaboration with Labs Group to issue non-fungible tokens (NFTs) of real estate assets. Global Real Estate Market Is Valued at $228 Trillion According to the announcement, the blockchain real estate company will use the Enjin platform to mint and issue NFTs. People will be able to buy fractionalized real estate assets starting at $100, making the first step into real estate-related investments. As the global real estate market....
Buying real estate doesn’t have to be as tedious as it has been in the past. In fact, you can actually start buying digital real estate right inside the metaverse for a much lower cost than you would purchase it in the real world. In addition, a handful of metaverses also intend to offer tokenized fractional shares in real estate properties, meaning you can own a piece of real-world real estate for a fraction of the price. This article will cover some of the best real estate metaverses to watch for in 2022. Some projects intend to bring real-world real estate assets onto the blockchain,....
A bitcoin event in California organized by Arcadia Association of Realtors (AAR) discussed the potential implications of the cryptocurrency on the Chinese real estate market. In particular, the CEO of Meson.re, which is focused on helping mainland Chinese investors purchase real estate in the US, explained how their service plays a role in the real estate industry in general. According to CEO Ragnar Lifthrasir, bitcoin could be used in the lucrative international real estate trade as it relates to California. "I think there's understanding of the problem and why there's a need in China.....
The Bitcoin cryptocurrency is increasing its popularity all around the world, but many experts support the argument that the real revolution is the Blockchain. An event about real estate and the Blockchain. As we know, the Blockchain has many applications and it can be used in any industry, including the real estate market. In this industry, the Blockchain can be used for property registry and cataloging, transactions, title insurance, security/anti-fraud, and for other key points of enhancement or disruption. Bitcoin’s technology could also be useful for crowdfunding, and for the....
It is undeniable that the real estate sector is ripe for a major revamping. There are high ticket prices for entry, majorly obstructing comprehensive inclusion to this segment. Presented with the opportunity to innovate, LABS Group has introduced an ecosystem built on top of the blockchain technology, making real estate infinitely more liquid, inclusive, and […]