Unicoin has effectively made news as the proprietor of the largest-ever property-for-crypto deal. The acquisition of a $335M luxury resort development in Thailand put this asset-backed cryptocurrency in a position to make history. Now, the landmark agreement is bolstering and elevating the popularity of Unicoin itself – not only in the form of press coverage but in the proof of stability the coin holds.
The property that was purchased, the Eden Grand Resort, spans 64,000 square meters of land. Nestled in scenic Chonburi, Thailand, the expansive lot is a promising attraction for interested tourists. The property will span six stories, hosting 150 private two and three-bedroom villas.
The transaction will oversee the transfer of a full $335 million value in Unicoin tokens to Mr. Mohammad Al Saeed Adnan, a prominent Thai real estate developer. It’s the most notable of many transactions of the like that occur with the use of this cryptocurrency. Unicoin boasts of helping people who want to take their assets into the futuristic financial landscape of cryptocurrency. The cryptocurrency has a famous program where it acquires real estate assets at 140% of its appraised value, providing clients with an offer they’re eager to take advantage of.
This practice in itself marks a major milestone for the digital asset industry as a whole. “Acquisitions like this demonstrate Unicoin’s power as an asset tokenization tool for real estate,” said Unicoin CEO Alex Konanykhin. “By aggregating properties into our portfolio, Unicoin is establishing itself as a leading crypto brand with real, lasting value.”
Seller Mr. Adnan stated, “Having witnessed the transformative ascent of cryptocurrency, I’m inspired by the boundless potential of Unicoin Inc. When these visionary forces unite, they set ablaze a captivating collaboration where innovation and imagination know no bounds, shaping a future that surpasses our grandest visions. I’m excited to witness Unicoin’s growth toward becoming a top cryptocurrency in the world.”
Unicoin is an asset-backed, SEC-compliant cryptocurrency created specifically to help curb a potentially volatile market. With this purchase, there’s no doubt lingering about the stability and value that Unicoin offers investors, and the market’s acting accordingly.
There are already existing plans to develop a wholly-owned Thai subsidiary to manage the resort. Unicoin doesn’t plan on stopping once this property is completed, either. The cryptocurrency is on an innovative mission to make a global imprint on the real estate industry by continuing to grow the Unicoin portfolio using tokens for future property acquisitions.
By focusing on inherent value, Unicoin is paving the way for cryptocurrencies with its futuristic stance. The potential to take cryptocurrencies and directly trade them for tangible assets is an exciting prospect that crypto enthusiasts are now starting to take advantage of on a grand scale.
Crypto investors looking for the most stable and reliable options on the market are drawn to Unicoin, as well as those looking to the future of where cryptocurrencies are headed. Get in on the financial landscape we’re bound to be looking at on a larger scale soon by investing in Unicoin, or explore the options you may have for trading real estate of your own. Unicoin is an option that’s taking the market to the next level in a meaningful way. We look forward to seeing how this unique cryptocurrency continues to develop and the next acquisition it makes.