Tag Archives: Real Estate

Real Estate Tokenization Platform Fortem Has Announced Its IEO at Coinsbit Exchange

Coinsbit a crypto currency exchange in EU is scheduled to have its first Initial Exchange Offering (IEO) in first week of July. Fortem Capital Token a product of Fortem Capital, which will focus on tokenization of the real world assets. It is believed to be a venture which will transform people in this worlds transfer value, invest and trades. Fotrem consist of experts that are oriented towards real estate development, commercialization and renovation of historical buildings, condominiums, penthouses and also investments in plots. Fortem plans to tokenize the complete real estate market in Poland and offering this innovative solution. The core team of the project is experienced and involved in this industry for several years now. The investment portfolio of Fortem currently stands at the value of $41 Million USD. Continue reading Real Estate Tokenization Platform Fortem Has Announced Its IEO at Coinsbit Exchange

UK Entrepreneurs Sell 50 Apartments in Dubai for Bitcoin

At this point, it’s fair to say the cryptocurrency industry is constantly evolving. Over the course of the past couple of months, we have seen a number of countries roll out new uses for virtual currencies. In Canada, for instance, individuals can now use Bitcoin to purchase meals from KFC. In Australia, travelers will soon be able to purchase items using Bitcoin in the Brisbane Airport. Now, we’ve been informed that luxury flats in Dubai can be purchased with the virtual currency. In fact, there have already been 50 flats sold in Dubai for Bitcoin. Business Insider published a report yesterday which stated that two UK entrepreneurs have sold 50 luxury flats in Dubai for Bitcoin. This is significant news as it suggests the cryptocurrency industry, at least in Dubai, might be making a move into real estate.

Reference: https://cryptocurrencynews.com/daily-news/bitcoin-news/uk-entrepreneurs-sell-50-apartments-in-dubai-for-bitcoin/