2023-11-2 21:01 |
Unicoin is creating a new type of cryptocurrency with backing from real-world assets. Their recent acquisition of a Thai resort solidified the coin’s value and expanded their global footprint. The resort is the first of several upcoming real estate acquisitions that will use Unicoin tokens as payment and build the company’s portfolio.
The Unicoin team includes top players in tech, government, and entertainment. The group was featured on the business-focused miniseries, Unicorn Hunters, which Forbes called “the most iconic business series of recent times.” Unicoin’s founders are Rosie Rios, Steve Wozniak, Silvina Moschini, Alex Konanykhin, Lance Bass, Moe Vela, and Christopher Diamantopoulos. Rios and Vela were formerly prominent figures in the White House, Wozniak co-founded Apple, Moschini and Konanykhin co-founded TransparentBusiness, and Bass and Diamantopoulos come from the entertainment industry. Together, the team includes some of the most recognizable names in their industries and makes a formidable group of visionaries.
The recent acquisition of Eden Grand Resort in Chonburi, Thailand, is just the first of the company’s planned real estate ventures. Unicoin intends to continue purchasing properties around the world at 140% of their value in Unicoin tokens. The Eden Grand Resort was purchased for $335 million in Unicoin tokens from Mohammad Al Saeed Adnan, a prominent Thai real estate developer. The deal solidified Unicoin’s value and marked a milestone for the cryptocurrency industry, as it is the largest cryptocurrency to real estate acquisition to date.
Unicoin’s plans for the 64,000-square-foot property include constructing a six-story building and one hundred and fifty private villas. They also are hoping to develop a wholly-owned Thai subsidiary to oversee the renovations and later manage the resort. This is all part of their plan to expand Unicoin’s global footprint. “Acquisitions like this demonstrate Unicoin’s power as an asset tokenization tool for real estate,” remarked Unicoin CEO Alex Konanykhin. “By aggregating properties into our portfolio, Unicoin is establishing itself as a leading crypto brand with real, lasting value.”
Adnan certainly agrees and is thrilled to capture Unicoin’s potential. “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,” he said.
Acquiring assets with real-world value is essential to Unicoin’s vision. The company is revolutionizing the cryptocurrency industry by bridging the gap between centralized and decentralized finance. Unicoin is asset-backed and SEC-compliant, which solves the issue of extreme volatility experienced by traditional cryptocurrencies like Bitcoin. Rapid price changes and instability are cornerstones of the current crypto market, and Unicoin seeks to change that. Their stable, regulated model takes away the risk and uncertainty of investing in cryptocurrency.
The acquisition of Eden Grand Resort is Unicoin’s first step in conquering the cryptocurrency market worldwide. As the company’s portfolio expands, the value of Unicoin will stabilize and increase. Unicoin’s potential is unmatched as it pioneers asset-backed, SEC-compliant cryptocurrency.
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