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Tag: realestate

Communist China’s Leading Real Estate Company Fantasia Holdings Group’s Debt Has Exceeded RMB 52 Billion –…

【Japan Himalaya League】 Author: Haixing  Translator: Ranting
On December 6, the chairman of the board of directors of the well-known Communist China real estate company Fantasia posted a message on WeChat that the company’s combined domestic and foreign debts had exceeded RMB 52 billion.
According to an article published on WeChat, Jun Pan, chairman of the board of directors of Fantasia, pointed out that the company has not only overseas debt of over US$4 billion in size, but also domestic credit debt of RMB6 billion, bank debt of over RMB20 billion, and financing debt from…

The Forerunners in the NFT Real Estate & Metaverse Sector

The tremendous development of the NFT utility in the last few years has opened up the potential for mass adoption across different industry verticals. Currently, the only thing limiting the growth of the NFT space is the human imagination, which as evident from the past, is meant to expand with time.
Recently NFTs have integrated themselves with the growing sector of Real Estate and developed a metaverse where everything can be purchased and owned as NFTs. Futurent has emerged as the forerunner of the NFT real estate and metaverse sector with its unique approach and unparalleled…

The risky game of creating money out of nothing

Bankers get to create money out of nothing, through bank loans, and charge interest on it.

For this system to work, bankers do need to ensure the vast majority of that money gets paid back. But this is where they keep falling flat on their faces, because banking requires prudent lending.

If someone can’t repay a loan, they need to repossess that asset and sell it to recoup that money. This means that if they use bank loans to inflate asset prices they get into a world of trouble when those asset prices collapse.

In 2007, as the real estate and stock market collapsed the banks became insolvent as their assets didn’t cover their liabilities. They could no longer repossess and sell those assets to cover the outstanding loans.

So they needed to get most of the money they lended out back again, to balance their books and all the help they could get from the governments.… Read more...

Bitcoin and Web3.0; the Internet of Assets

Bitcoin is Internet 3.0, and it will not only revolutionize money, but also revolutionize the transmission of value online as we know it.

The arguments around scaling and transaction fees are relatively myopic as the network has shown time and time again — scaling solutions will be adopted, and quickly.

Some of the best developers in the world are looking to build an open world, and have strong financial incentives aligned with that goal.

Beyond remittances and money use cases, BTC represents a transition to a phase of digital assets. A world where your ‘online real estate’ will carry as much weight to you, financially and socially, as your brick and mortar home.

With the invention of ERC721 tokens, or non-fungible tokens, we will be able to own cryptoassets linked to real world asset, like a house or a voting right in an online community.

Meng Jianzhu and His Minions are the Chief Culprits of the Chinese Communist Party’s Overseas Expansion –…

Translated by: MOS Educational Team – Maverick
In the live broadcast on December 2nd, Mr. Miles Guo mentions that Jho Low, Meng Jianzhu, and Sun Lijun invested in real estate in Malaysia to establish the Chinese Communist Party (CCP) ‘s money laundering and intelligence base in Southeast Asia.
Meng Jianzhu is the absolute CCP overseas intelligence culprit. With unlimited BGY (Blue Gold Yellow – Propaganda, Money, and Sex) Operation, Meng reached his tenure as the Minister of Public Security of the CCP and the Secretary of the Central Political and Legal Affairs Commission. Inside…

12/05/2021 China Insight – GNEWS

On December 3, a resident of Dandong City, Liaoning Province committed suicide with gas and causedan explosion, causing 1 death and 2 injuries.On December 2, in Shijiazhuang City, Hebei Province, a car ran across the night market several times in the early morning and knocked over multiple snack stalls.On December 2, a real estate project in Chengdu sold rooms at a discounted price and led some owners to lose 530,000 RMB a week after purchase, causing the protest.The domestic economy of Communist China is extremely depressed. A night market in Shenzhen was deserted and there are only…

Nike and Adidas Make Forays Into the Metaverse

Nikeland on Roblox. Nike.The world’s two largest sportswear companies are following Facebook into the metaverse. 
On Nov. 18, Nike revealed Nikeland, an entire world designed for Nike fans to connect, create, compete, and share experiences on Roblox. Just a few days later adidas made two quieter leaps into the digital universe, showing off real estate on Sandbox while releasing an exclusive digital collectible.
Nike and the Metaverse
Nike becomes one of the first major brands to fully embrace the metaverse. Nikeland is a bespoke, 3D world set in a digital version of its Beaverton,…

Investors Snap Up Metaverse Real Estate in a Virtual Land Boom

Justin Bieber performed at a live concert this month, but the show wasn’t in a stadium or an arena. Like recent performances from Ariana Grande, the Weeknd and Travis Scott, this concert was held in the metaverse, the online world that stretches the corners of the internet into immersive, four-dimensional experiences.Fans from all over the globe watched Mr. Bieber’s avatar sing songs from his hit album “Justice.” Investors were watching, too. Preparing for a digital land boom that appears just months away, they are snapping up concert venues, shopping malls and other properties in…

Metaverse property sells for record $2.43 million

A 500-square-metre plot of virtual real estate has sold for $2.43 million, breaking the record for the largest ever metaverse land acquisition.The purchase by the firm Metaverse Group is more than double the previous record for a sale of land or property within a virtual reality world. It follows recent announcements from Meta (formerly Facebook), Microsoft and Nike to focus on the metaverse – a computer-simulated space in which people work, play and interact as avatars.Follow our live coverage of the crypto marketThe Metaverse Group describes itself as “the world’s first virtual…

Boxing in the Metaverse – Jake Paul, gives away a piece of his Bloktopian real estate valued at…

Jake Paul, investor in Bloktopia and owner of its Metaverse real estate
Built with valuable BLOK, a cryptocurrency, Jake Paul’s home is one of the first build in the metaverse
Price of BLOK crypto soars on back of competition
Bloktopia (other:BLOK)NEW YORK, UNITED STATES, November 29, 2021 /EINPresswire.com/ — Celebrity Boxer and investor, Jake Paul, will be giving away a piece of his home to one lucky winner next month. The first question most people ask is: ‘How is he going to do that?’ And the answer is…

New Innovative NFT Use Cases that Might Change the World

The transaction volume of the entire NFT market crossed US$16 billion in November 2021. In 2020, it was only US$355 million, which shows how impressive of a run NFTs have made to create a new asset class in the crypto industry. At the beginning of 2021, the market was mainly dominated by sports highlights and trading cards. But in the second half of the year, we saw NFTs take new forms, which created multiple market segments such as virtual real estate, gaming avatars, and fashion.
Seeing the growth and evolution of NFTs, investors started to see long-term value in NFT and metaverse-based…

Bitcoin Retirement Generational Wealth Planning

Before I found bitcoin, I was investing heavily into real estate to achieve early retirement and build generational wealth. When I found bitcoin and understood its value and future implications on the world, I knew that bitcoin would be the best asset I could ever buy to maximize the amount of time I could have with my family. From a generational wealth standpoint, I realized that I would be able to set my family up with a perpetual wealth-preserving machine, bitcoin. You have the same opportunity to do this for your family with as little as 0.001 ($68) or 0.01 ($680) of a bitcoin. As of…

This week in Business Twitter: Alex Svanevik says real estate is dying, founders rally around April…

Welcome to another edition of Business Twitter, where we collect the best tweets to come out of Silicon Valley so you don’t have to. This article is part of a newsletter — if you want a weekly Business Twitter roundup sent to your inbox every Friday, subscribe here.This week: A blockchain analytics firm co-founder declares crypto is a better long-term investment than real estate, women founders tweet in support of Spring Health CEO April Koh, Andrew Yang takes a firm stand on Dave Chappelle after controversy over the comedian’s Netflix special, and more “traditional” Silicon…

Rare Axie Infinity Land Changes Hands for USD 2.3M as Metaverse Prices Soar


Source: AdobeStock/JorgeEduardoAnother multi-million dollar piece of digital land has changed hands as metaverse virtual real estate prices continue to skyrocket. The latest chunk of virtual property cost its new owners a staggering USD 2.3m worth of ethereum (ETH).The official Axie Infinity site tweeted:“A Genesis land plot just sold for ETH 550! That’s over USD 2.3 million! Our player-owned digital nation continues to shock the world. We believe this is the largest sum ever paid for a single plot of digital land. Congrats to the buyer and seller!”Genesis plots are particularly rare…

How Solana and Cardano are paving new avenues for NFT growth

The term “digital ownership” has only recently come to mean anything. While nonfungible tokens (NFTs) have been around for some time now, it’s in the last year or two that they’ve caught the attention of mainstream media. The third quarter of 2021 alone saw over $10 billion in NFT trade volume across blockchains, a substantial increase from Q2’s $1.2 billion.NFTs are unique digital assets that represent ownership. As proof of ownership, NFTs extend from things like art and digital collectibles to real estate and other physical assets. This is causing a tectonic shift in a wide range of…

Is the Future of South Florida Real Estate Digital?

The worlds of cryptocurrency and real estate are merging in South Florida as blockchain technology takes investment opportunities to new levels.

Earlier this year, national real estate developer PMG, which recently broke ground on E11EVEN Hotel & Residences, a luxury high rise in Downtown Miami’s Park West district, was the first known development company to accept cryptocurrency for condominium deposits in pre-construction projects. Miami also saw the biggest such residential real estate transaction when an anonymous buyer paid $28 million in cryptocurrency for…

Bloktopia co-founder aspires to build a metaverse with ‘hundreds of the best crypto projects’

Bloktopia is a virtual skyscraper in the Metaverse comprised of 21 levels, designed to pay homage to the 21 million total maximum supply of Bitcoin (BTC). Owners of its BLOK tokens will be known as Bloktopians. Users will be able to buy and sell nonfungible tokens (NFTs), purchase digital ad venues, own real estate and more in the Bloktopia virtual reality. Meanwhile, Bloktopians can also earn revenue by selling or leasing virtual property in the skyscraper to interested buyers.Bloktopia in-game footage. Source: Bloktopia The project, set to launch sometime in 2022, is built on the…

Rare first printing of Constitution sells for record $43M

NEW YORK (AP) — A rare first printing of the U.S. Constitution sold at Sotheby’s in New York for $43.2 million, a record price for a document or book sold at auction.
The anonymous winning bidder at Thursday night’s sale outbid a group of 17,000 cryptocurrency enthusiasts from around the world who crowdfunded to buy it over the last week.
The document offered for sale was one of 13 known copies of the first printing of the Constitution and one of only two in private hands.
This printing of the Constitution was last sold in 1988, when real estate developer and collector S. Howard…

Zillow’s home-buying debacle shows how hard it is to use AI to value real estate

The move, touted by a company exec at the time as “an exciting advancement,” was intended to streamline the process for homeowners considering selling to Zillow as part of its home-flipping business. Zillow promoted this option as a way to make it convenient to sell a home while minimizing interactions with others during the pandemic. Just eight months later, however, the company is shutting down that business, Zillow Offers, entirely.The decision, announced last week, marks a stunning defeat for Zillow. The real estate listing company took a $304 million inventory write-down in the third…

NYC Real Estate to Record a Bitcoin-Exclusive Deal


Source: AdobeStock/Photocreo BednarekDevelopment and property management firm Magnum Real Estate Group is selling a set of retail condos in New York City for USD 29m exclusively in bitcoin (BTC), the latest sign that BTC is gaining wider adoption among various industries.The NYC property, located at 385 First Avenue in the upper East side of Manhattan, consists of three retail condos totaling 9,000 sq. f. (800 sq. m) with a fully rented-out retail bottom floor, Yahoo! Finance first reported.“There’s a demand for real estate and there’s nothing being offered to the holders of…

Fijación de precios y modelos económicos obsoletos

Las cosas valen lo que la gente paga por ellas. Y sin embargo valor no es igual a precio. Si atendemos sólo criterios de la economía tradicional esto sería una contradicción. Pero uno de los problemas de este tipo de análisis es que está equivocado.

Fijémonos por ejemplo en la compra-venta de casa. Si (con inteligencia artificial) tienes la información adecuada, el mismo piso se puede vender por 300.000€ a una persona, y por 400.000€ a otra. Y todo ello con una determinada probabilidad con lo que puedes diseñar un algoritmo para tomar decisiones óptimas de qué vender y a quién.

¿Puede el análisis económico tradicional modelizar esto? Obviamente no: primero porque está obsoleto, y segundo porque en realidad sus curvas y sus rectas nunca sirvieron para modelizar nada a nivel micro.… Read more...

The Creator Economy and a Paradigm Shift in the Music Industry

Opinions expressed are solely those of the author and do not reflect the views of Rolling Stone editors or publishers.

I’m a fan of companies that pose as one thing, but a closer look at their strategy illustrates that they can operate in multiple capacities. Managing what I refer to as a costume strategy is a powerful tool that anyone can apply to their business to stay relevant, diversify revenue streams and add new verticals. For example, many don’t know that outside of McDonald’s paying rappers to push patties, they largely operate as a real estate company by buying…

Developers tap blockchain and NFTs to take gaming to the next level

NEW DELHI :

Gaming firms in India have begun exploring ways to incorporate non-fungible tokens (NFTs) in electronics sports (eSports) and games and also develop new games that will run on blockchains, to cash in on the massive interest in crypto and NFTs.

Blockchain gaming allows gamers to be rewarded with cryptocurrencies for playing, while NFTs are used to purchase digital items and real estate. An example of a successful blockchain game is Axie Infinity, which has millions of players worldwide.

Mainstream gaming firms such…

RealEx DAO Is Offering Crypto Real Estate Steadycoin Grants to Anyone Currently Enrolled in…

(British Virgin Islands) November 11, 2021 – RealEx, the first real estate-backed cryptocurrency, has announced plans to provide some relief to the 60 million people worldwide struggling under the burden of more than $2.0TN USD in student debt.
“The social mission of the RealEx DAO (decentralized autonomous organization) is to help millions of people transform student debt into financial independence by awarding them RealEx steadycoins,” explained DAO cofounder Chelsea Snyder.
The RealEx steadycoin is a token backed by inflation-resistant assets (not fiat…