RATE Group | Cryptocurrency behind Great Keppel Island’s $300 million resurrection
41095
post-template-default,single,single-post,postid-41095,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Cryptocurrency behind Great Keppel Island’s $300 million resurrection

04 Sep Cryptocurrency behind Great Keppel Island’s $300 million resurrection

Posted at 05:15h in Cryptocurrency News by

[ad_1]

The tokens will be tradeable on existing cryptocurrency exchanges. Unlike other cryptocurrencies though, the GKI Tokens will be backed by the value of the development, which the consortium behind the deal claims will be worth billions after the development is complete.

Building is expected to start next year and be completed within five years, the developers claim.

The STO is being marketed with a flashy sales video starring Greg Norman, who is designing the development’s golf course.

“The development is fully supported from all levels of Australian government, federal, state and local, and has approval for the immediate development of an 18-hole international golf course,” says the video’s narrator. “Also approved are 750 luxury villas … 300 luxury apartments and a five-star beachfront resort with 250 rooms and a 250-berth marina.”

According to the video, this constitutes the largest integrated development application ever granted within the Great Barrier Reef Marine…

[ad_2]

Source link

Tags:
, , , , , ,