Blockchain-based investment platform LABS Group is proud to be the first to introduce non-fungible token (NFT) technology to the real estate industry with its strategic partnership with international holdings company, Gravity Hotels & Resorts.
With the integration of groundbreaking technology to one of the biggest asset industries globally, LABS Group and Gravity Hotels & Resorts will not only revolutionalize the decentralized finance (DeFi) industry but will also create a viable concept for the booming real estate business.
How the partnership works
LABS Group, with its tried and tested platform, will pioneer in fractionalizing an entire resort in NFTs, introducing new and creative ways for buyers to own properties they have always dreamed of.
Through this, Gravity Resorts will provide users with predictable yearly ROIs in all of their investments, simplifying the process of real estate engagement.
Win-win solution
It’s a win-win partnership as upon its completion, LABS Group stakeholders will gain access to the suite of properties within their partner’s investment portfolio. Meanwhile, Gravity Resorts will have a new pool of liquidity, supporters and a way to reduce their overall capital expenditures and risks.
“It is inevitable that blockchain will be part of our lives in the near future. It will be integrated into many industries globally, and real estate will not be left out,” Gravity Resorts co-founder Bernard Lau said.
About LABS Group and Gravity Resort
LABS Group is a blockchain-based real estate investment platform geared towards the simplification of investor access and capabilities within the asset class.
Gravity Resorts is a well-respected estate consultancy company renowned for purchasing, developing, and operating resorts and hotels across the Asian Region.
Partnering together, the two companies aim to bring about the world’s first resort NFTs through blockchain technology to the real estate market.
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