News list for "Fake house"

NOT A HOTEL announces that it will issue a virtual currency to raise 2 billion yen to buy real estate

Vacation home and hotel operator NOT A HOTEL (Shibuya, Tokyo) has announced that it will issue a crypto asset (virtual currency) NOT A HOTEL COIN (NAC). The company aims to raise 2 billion yen, the largest amount of virtual currency financing in Japan. The funds will be used to purchase and develop real estate. The company's wholly-owned subsidiary, NOT A HOTEL DAO, will issue virtual currencies and raise funds through the IEO (Initial Exchange Offering) mechanism, and will begin accepting IEO a...

clock
2024-10-31 10:35:26