End-to-end blockchain powered real estate investment ecosystem, LABS group, have unveiled their grand scheme. And, if they can pull off their audacious plan, it could change the real estate industry forever.
As property values throughout the world spiral out of control, it has become more and more difficult for “Joe Public” to get involved in real estate. LABS group has engineered a grand strategy to remedy this. By using the blockchain and NFTs, they intend to fractionalize real estate and open it up to everyday investors. For as little as $100 dollars, you too can invest in a luxury resort in the Maldives, or a high rise in New York.
In a first-of-its-kind innovation, LABS will introduce a fully transactional tokenized real estate operation for global use. Through the platform, investors from all walks of life can trade, and create tokenized and fractionalized real estate assets.
It’s still early days, so we would heed caution at such lofty ambitions, but if they can pull this off, they may be on the verge of something truly revolutionary.
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