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The Eden Grand Resort is currently under development and set to occupy 64,000 square meters of land in Chonburi, Thailand. However, while the expansive lot, which aims to be filled with a six-story main structure and at least 150 private two and three-bedroom villas, is sure to be immensely impressive, it is not the luxury of the up-and-coming resort that is making headlines; it is how real estate developer and owner of M.E. Construction, Mohammad Al Saeed Adnan, just purchased by
In what has quickly become a massively historical purchase, Unicoin, the official cryptocurrency of one of the most exemplary business series in recent memory, Unicorn Hunters, has bought the Thailand estate for a whopping $335 million in Unicoin tokens. The purchase marks the most substantial real-estate acquisition ever made with cryptocurrency. However, Unicoin considers the purchase of the Eden Grand Resort just the first in a long string of property acquisitions to come. Attaining the property in Unicoin tokens further cements the purpose of Unicoin, which is to effectively combat the volatility that has plagued the cryptocurrency market since the inception of Bitcoin. Unicoin is proving it can transform digital currencies into stable assets that thrive in real estate and the world.
Alex Konanykhin, CEO of Unicoin, spoke about the power of Unicoin, saying that its strength as an asset tokenization tool for real estate is highly confirmed by an acquisition such as this one. Unicoin is becoming a leading crypto brand with lasting value by amassing properties into its portfolio. For Adnan, the property’s seller, the Unicoin payment
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