Net Savings Link Inc. (OTCMKTS: NSAV) has announced a collaboration with LABS Group to launch a community-owned and powered Non-Fungible token (NFT) resort. The company will fractionalize the new resort into 365 Rewarding Timeshare (RTS)-NFTs listed on the Refinable marketplace.
NSAV launches community-owned NTF
Beginning July 15, the NFTs will be auctioned off. The cost base price will be the starting point for all opening bids. Refinable is Binance Smart Chain (BSCfirst )’s dedicated NFT marketplace. The Flagship NFT resort will be near Bali, Indonesia’s historic tourism and cultural attraction.
The NFT marketplace sector’s tremendous growth and expanded application are reflected in the company’s announcement. According to NonFungible.com, approximately $2 billion was spent on NFTs in Q1 2021, a 2,100% rise from Q4 2020. As a result, NSAV’s management believes that now is ideal for entering the NFT sector. NSAV provides further details on the NFT initiative at a shareholder conference. Equally, the company will update shareholders on NSAV’s Crypto Exchange status, introduced last week.
Yuen Wong, LABS Group CEO and NSAV Director, said they are delighted to launch the world’s inaugural community-owned and powered NFT fractionalized Resort.
NSAV to launch crypto exchange
The company revealed plans to launch a fully-regulated crypto exchange to own a 100% stake. Already the project is underway, and more details will be available during the company’s stakeholder conference.
NSAV president James Tilton stated, “I am thrilled that our long-awaited Cryptocurrency Exchange will soon become a reality. The entire cryptocurrency industry is moving towards full regulation at a rapid pace and I strongly believe that being licensed and regulated is the only way to go. I sincerely hope that all NSAV shareholders are as excited as we are with today’s announcement.”
Net Savings Link Inc. (OTCMKTS: NSAV) Announce Launch of A Crypto Exchange and a Non-Fungible Token Resort
Post Views: 2 Net Savings Link Inc. (OTCMKTS: NSAV) has announced a collaboration with LABS Group to launch a community-owned...
Tauriga Sciences Inc. (OTCMKTS: TAUG) Announces Availability of Tauri Gum of Amazon.com
Post Views: 2 Tauriga Sciences Inc. (OTCMKTS: TAUG) has provided a shareholder update regarding its expected launch of limited editions...
Grow capital Inc. (OTCMKTS: GRWC), Cannabics Pharmaceutical Inc. (OTCMKTS: CNBX), and Surna Inc. (OTCMKTS: SRNA) Announce Management Appointments
Post Views: 4 Grow capital Inc. (OTCMKTS: GRWC) has announced the addition of two industry veterans to its wholly-owned subsidiary,...
Pure Sunfarms, An Auxiliary Of Village Farms (NASDAQ: VFF), Receives Amended License To Produce Cannabis In Delta 2 Facility: Abba Medix Corp Active Patient Registrations Crosses 1,000
Post Views: 7 Pure Sunfarms, a subsidiary of Village Farms (NASDAQ: VFF), received an amended license from Health Canada to...
Reliq Health Technologies Inc (OTCMKTS: RQHTF) Signs Three Contracts, For Its iUGO Care Platform, With Home Health Agencies In Texas
Post Views: 33 Reliq Health Technologies Inc (OTCMKTS: RQHTF) recently announced three new contracts related to its iUGO Care platform,...
Green Thumb Industries Inc (OTCMKTS: GTBIF) Enters Virginia Cannabis Market; National Footprint Expands To 13 States
Post Views: 31 Green Thumb Industries Inc (OTCMKTS: GTBIF) recently announced the acquisition of Dharma Pharmaceuticals LLC, founded by Jack...