• NFTs bring new possibilities for the Property and Tourism industries, including innovation for certifying, licensing, leasing, and time-sharing holiday properties.

• Blockchain ecosystem LynKey is launching a Tourism and Property NFT Marketplace, allowing for tokens to be exchanged for tourism and timeshare experiences within the ecosystem.

Singapore, Hanoi, London 28th June 2022

The Non-Fungible Tokens (NFTs) industry has been on the rise since 2017, reaching a $12 Billion market cap in June 2022 according to CoinMarketCap. What’s more, NFTs are revolutionizing the tourism and real estate industries, shifting the way people buy, rent, and sell property, and experience tourism.

The revolutionary potential of NFTs is down to its unique features: they are like certificates of authenticity that one receives when buying a digital asset (or a digitized asset). These are traded in marketplaces, and range from digital artwork to exclusive experiences, and even the certification of land ownership.

“NFTs provide an essential building block for the creation of the digital world. They offer a ubiquitous means to securely share ownership, access, and use of a unique set of data.  As such, NFTs are then a key enabler of digital transformation and a much-needed invention, enabling us, for the first time, to certify an ever-expanding digital ecosystem on which we are increasingly dependent,” said Dinis Guarda, Co-Founder of LynKey.

NFTs transform the property industry

Property and tourism are great examples of how NFTs are transforming entire industries. Land is divided into different properties. Each property has a clear boundary, and its title comes with certain rights and obligations. The property may have buildings or permissions to build them, each of which will also have its own set of permissions and licences. Properties are bought, leased, and sold. As assets, they generally have a different dimension of value, as land, for their rights, such as mineral extraction, and their potential use, such as commercial use, and they need insurance against certain risks.

Using NFT and blockchain technology, buying and selling a given property becomes a significantly more straightforward, quicker, and cheaper transaction. And their potential goes beyond that.  Where NFTs have started to enable the capture and leverage of a broader range of value with virtual assets, the same is true with property, potentially also extending the identified value related to a property that can be bought and sold.

A more flexible, transparent and friendly tourism industry

On the side of Tourism, business and leisure travellers can now fly to locations all over the world and finalize the details of their trip from a smartphone. It’s safe to say that travel has come a long way from paper records and the cumbersome process of reservations and itinerary management using smartphones to do these tasks.

However, there are still obvious challenges in the tourism and property industry that persist. Global travellers, for example, often have to deal in local fiat currencies and lose money to high exchange fees, they cannot personalize their experience, or even sell, modify or cancel their “trip”.

NFTs and blockchain can speed up the digitization process and tackle these challenges along the way. They allow for digitally enhancing and gratifying experiences and providing utility through loyalty and rewards programs, games, registration and booking incentives, storytelling, event access, and more.

LynKey NFT Marketplace: Bridging and digitizing property and tourism industries

A marketplace is an actual place where NFTs are bought and exchanged. Consider a situation where a large piece of virtual land is fractionalized and is available for sale. When a person buys a particular fraction of this property, it is in the form of an NFT. This means that the owner will receive a specific number of tokens that represent the percentage share in the asset (land). Now, these NFTs could be minted at a marketplace for many reasons- leasing, licensing, or even timesharing. Similarly, NFTs can be created for unique tourism experiences.

LynKey is becoming a pioneer in this NFT revolution of the Property and Travel industries. Building on that vision, LynKey aims to transform smart tourism, property management, and timesharing, starting with their own token, LynK, which is available on Uniswap; and a new NFT Marketplace.

“We intend to bridge the gap between the tourism and property industry and blockchain, showcasing how blockchain can enable an entire property ecosystem that offers massive advantages over the traditional property, tourism, and time-sharing market. And our recently launched NFT marketplace, along with our strong token, is just the first step towards that,” said Jason H. Jang, advisor and blockchain NFT strategist at LynKey.

LynKey’s NFT marketplace offers a platform where new NFTs can be created for countless unique experiences and tokens can be exchanged for those that are already existing. The marketplace will keep the NFT value guaranteed by an actual product from the providers. It is committed to being converted 1:1. A key feature that reinforces LynKey’s commitment towards creating property and tourism markets to be more transparent and digitised, minimise legal procedures, and not be geographically restricted among the countries where Lynkey operates.

An exclusive event to introduce the NFT Marketplace

LynKey’s NFT marketplace harnesses all the potential that NFTs hold to transform entire industries. The company will hold an offline event in Vietnam to introduce its global tourism and real-estate NFT marketplace as it continues to expand its ecosystem. On 29th June 2022, the blockchain-centred platform will take its efforts to Ho Chi Minh City, Vietnam. The primary aim is to drive blockchain adoption and tokenize the Real Estate and Tourism industries, enabling greater user experience.

“The company is revolutionising the travel and entertainment space with smart tourism and an NFT marketplace for it. LynKey connects the global audience with a Blockchain-powered platform and a token that empowers an ecosystem for time-sharing, and reward solutions at premium luxury tourist spots. With a global token, and now an NFT marketplace, LynKey efficiently overcomes the need for intermediaries, empowering its users to explore the ecosystem that offers real-time solutions and, soon, also Metaverse experiences,” said Cindy Tran, LynKey’s Advisor.

About LynKey

LynKey is a 4IR (Fourth Industrial Revolution), all-in-one utility ecosystem that offers unique blockchain-powered solutions for property booking, investment or property rights to use, time-sharing in resorts, hotels, marinas, holidays, other related services, and utilities. LynKey’s new NFT marketplace is the first of its kind to offer digitised timeshare real estate and tourism solutions, improving customer retention and satisfaction.

By building the first crypto ecosystem in the tourism and real estate industry, LynKey offers robust solutions to handle obstacles that are preventing the growth of the industry. The first milestone for LynKey is the creation of NFT products, such as hospitality products, tickets, shophouses, penthouses, villas, yacht services, etc., that meet the needs of partners and customers in this industry.

LynKey envisions tokenizing the Real Estate and Tourism industries globally, bringing together a community of property developers, buyers, and sellers striving to provide the best, most secure property solutions, resorts, and premium tourism experiences.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post New Global Tourism And Property NFT Marketplace By LynKey Aims To Innovate The $12 Trillion Property And Leisure Industries appeared first on OpenBusinessCouncil Directory.

Holding NFTs offer two critical opportunities to customers — earning money and travelling around the world without carrying cash. As an emerging blockchain leader, LynKey aims to offer a cutting-edge NFT marketplace where tokens can be exchanged for countless tourism and timeshare experiences within the ecosystem. For the first time in the market, the NFT value will be guaranteed by an actual product from the providers. It is committed to being converted 1:1, which is the inclusive support tool from Lynkey that will help the real estate market be more transparent and digitalized, minimize legal procedures, and not be geographically restricted among the countries where Lynkey operates.

The entire LynKey community will be focused on evolving the smart tourism & real estate industry, taking it to the next level with its first-ever, newly launched NFT marketplace. The event will witness the hosting, initiation, and promotion of NFT products by LynKey and other suppliers in the tourism and real estate sectors. Furthermore, it will also include activities such as auctions, buying, selling, investing, etc. where users can buy and sell NFT products at the LynKey marketplace.

By maintaining the perfect balance between a state-of-the-art blockchain ecosystem and the latest in proptech, LynKey aims to allow global audiences easy and secure access to real estate and tourism experiences. And not just that — the entire experience will be rewarding as well; this means that the loyal user will be rewarded with loyalty points for each transaction. What more? Users get the opportunity to own 5-star resort real estate NFTs.

To promote the use of NFTs, LynKey will offer a unique non-fungible real-estate & tourism experience from prepaid lease to timeshare & licences and a smart tourism marketplace. In its aim to combine the world of digital assets with the world of hotels, resorts, holidays, and properties, the blockchain-powered giant will leverage well-established models to offer tokenised property ownership. LynKey Metamart is one such model where with its all-in-one ecosystem mobile app, it produces, operates, and integrates NFTs more effectively as compared to other available marketplace models. It gives customers the option of flexible, speedy and global payment methods, allowing them to use NFT products immediately with a simple one touch on their smartphones or a scan of barcodes.

LynKey Metamarket, powered by the NFT LynKey multichain through a highly flexible Lynkey wallet, is the first ecosystem capable of storing multi-volume NFTs. And the best part? It can integrate unlimited e-wallets (such as debit and credit cards, Apple Pay, Samsung Pay, etc.) and crypto-wallets (such as Metamask and Trust wallet).

Details of the events taking place in Ho Chi Minh City of Vietnam:

Event: The official launch of The Global Tourism and Property NFT Marketplace by LynKey

Date: 29th June 2022

Location: Sheraton Saigon Hotel & Towers, 88 Dong Khoi, Ho Chi Minh City, Vietnam

Timings: 7–10 pm (GMT+7)

Attendees will have the opportunity to interact, collaborate, and learn from the best minds in the blockchain world. Speaking about the best minds in the blockchain world, following is the list of esteemed panelists at the event:-

Mr. Dinis Guarda, MsC — Non Executive Chaiman of LynKey, founder and CEO of ztudium

David Tran, PhD — Blockchain Expert, Professor of Massachusetts

Mr. Tuan Hua — Chief Technology Officer

Ms. Tran Thi Nguyet Nga (Cindy Tran) — Project Advisor

Mr. Dang Hoang Viet — Deputy General Director of Crystal Holidays Travel

Le Dinh Vinh, PhD — Senior Expert in Finance and Corporate Governance

Mr. Ngo Van Chien — General Director of Meta Solution

Mr. Nguyen Tung Linh — General Director of NDOT

Mr. Ngo Sy Tung— General Director of Timeshare Vietnam

Mr. Mai Duy Quang — Vice Chairman of VINASA, Member of Executive Board of Vietnam Blockchain Association

Mr. Truong Gia Bao (Leon Truong) — Chairman at Digital Transformation for Small and Medium Enterprises (DTS Group)

So come 29th June, gear up and get yourself ready for a host of new and innovative experiences in the NFT world, brought to you by LynKey.

About LynKey

LynKey is a 4IR (Fourth Industrial Revolution), all-in-one and utility ecosystem that offers unique blockchain-powered solutions for property booking, investment or property rights to use, time-sharing in resorts, hotels, marinas, holidays, other related services, and utilities. LynKey’s new NFT marketplace is the first of its kind to offer digitised timeshare real estate and tourism solutions, improving customer retention and satisfaction.

By building the first crypto ecosystem in the tourism and real estate industry, LynKey offers robust solutions to handle obstacles that are preventing the growth of the industry. The first milestone for LynKey is the creation of NFT products, such as hospitality products, tickets, shophouses, penthouses, villas, yacht services, etc., that meet the needs of partners and customers in this industry.

LynKey envisions tokenising the real estate and tourism industries globally, bringing together a community of property and property developers, buyers, and sellers striving to provide the best, most secure property solutions, resorts, and premium tourism experiences.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post LynKey Announces The Launch of Its Global Tourism And Property Marketplace: An NFT Revolution At ITs Brink appeared first on OpenBusinessCouncil Directory.

Metaversive banks, digital healthcare, virtual retail and commerce, even tech education… These are not mere concepts anymore. With progressive advancements in technology and tools, Metaverse is gaining traction, making its existence more relevant by the day.

Walking through the art galleries, and exhibition corridors, trying the latest fashion accessories at a virtual store, spectating a live concert or a football match, managing business and boardroom meetings- all virtual activities are realisable right from the comforts of a user’s couch itself. Metaverse is a promise that makes the world of fantasies come to reality. Similar to Web 2.0 on smartphones and laptops, Metaverse is the next-generation technology, a comprehensive world on Web 3.0, that offers absolute immersion.

Financial Industry: Welcome Bank 4.0

With the increased digitalisation of processes, banks are progressively making swift transitions from existing infrastructure to virtual reality. Bank of America, notably, launched VR training for its employees in 4,300 financial centers across the nation. BNP Paribas, Bank of Kuwait, and Citi are the others to follow the trend and make significant moves toward this paradigm. South Korea’s one of the largest FI, KB Kookmin Bank, has developed KB Metaverse VR Branch Testbed that allows customers to access banking services in a metaverse wearing a VR device.

“The purpose is to pre-emptively respond to financial changes in the coming metaverse era and to internalise new financial service experiments and technological capabilities”, Jinsoo Yoon, Vice President of Tech Group, KB Koomin Bank.

Gaming

Uniting the global community across a plethora of devices, gaming has been, so far, the most traversed vertical for Metaverse. Fortnite, Roblox, and Minecraft are popular games where players interact with other avatars and compete. Win NFT Horse is a GameFi game from Tron is another dynamic step towards the realisation of Metaverse using NFTs (Non-Fungible Tokens).

Real Estate

Purchasing a property over platforms like Decentraland, Somnium Space, Sandbox, or Upland could open fresh avenues to explore unlimited opportunities, like building a smart city or town. Global Metaverse Real Estate Market analyses the Metaverse real estate market poised to grow by $ 5. 37 bn during 2022-2026.

Further, the Metaverse could be used as an immersive tool for prescreening a property. With features like offering a 360-degree view and a virtual tour of the property, the virtual world has so much to offer.

Ecosystems like LynKey are offering additional benefits like timeshare, leasing, and licensing for a share of a property. This reduces the entry barriers for international participants, across all the financial backgrounds.

“Virtual land is just one part of gamification. But the real business is the AR augmented reality driven by concrete solutions to property and experiences that will finance and enhance cities, neighbourhoods, investors, and property buyers and developers. If there is demand for that land, if there is scarcity too, the investment will be beneficial. One has to think about the fundamentals”, Dinis Guarda, CEO and co-founder of LynKey.

Education and Learning: The budding up of ‘Metaversities’

The pandemic-stricken education industry recuperated by making a swift transition with the help of a strong technological foundation at its base. Metaverse and blockchain technology gave a reliable way to leverage the students to explore even better opportunities that lay in the dark for so long.

“The Metaverse can be leveraged as a space to create more opportunities for learning, in particular, for hybrid learning and providing more access for students than what might exist in the physical setting”, Rachelle Dené Poth, Educator, Consultant, Author, and Attorney.

Tools like AR and VR became popular methods for spreading the wealth of knowledge. The metaverse allows the creation of a comfortable digital space for classes, experiments, projects, and research. Real-time activities and hands-on experiences foster innovation and creativity in learning spaces.

Metaverse Tourism And Travel

The travel sector is another area where the potentials that metaverse holds are being rigorously harnessed. After serious disruptions hitting the industry due to the pandemic, Metaverse provides a much-needed respite offering critical tools for reliable and smarter tourism. Technological advancements aid in bookings, transfers, local cuisine, leisure and entertainment, and virtual tours (like that by Marriot Bonvoy), to name a few for a lifelong travel experience.

Media and Entertainment

Metaverse is the latest way to create connections and consume stories and experiences. VR concerts such as those by Imagine Dragons, and Ariana Grande have been the pioneers in space. Virtual reality theme parks such as those by Disney are an innovative way to engage audiences with personal experiences. Bob Chapek, Chief Executive at Disney was recently appointed to oversee its metaverse strategy. He describes it to be “the next great storytelling frontier and a strategic priority”.

Medicine and Healthcare

3D visualisation of the human body, carrying out virtual surgical procedures before carrying out a real surgery is one of the areas where Metaverse proves its worth. Medical Metaverse is a project by Treatment, a healthcare technology company in the US. The project focuses on AI-driven solutions for stakeholders in the healthcare sector, as well as inter-disciplinary collaboration. Another project, Veyond Metaverse is a commitment to bringing the first Metaverse hospital and creating an ecosystem for both patients, healthcare workers, and doctors.

 eCommerce and Retail

Technologies like 3-D visualisation and AR enable the customers to make informed choices while shopping. With advantages that include a decline in product returns and higher conversions, it is the connecting link between retail and eCommerce in the physical space and the virtual world.

Manufacturing

Imagine a platform where the full production cycle can be simulated virtually. Changes and modifications could be so easily tested and optimised while affecting the actual production. This is exactly similar to what BMW did, unlocking greater efficiencies while empowering manufacturers to design and innovate.

Architecture and Engineering

Building cities and real estate projects can be leveraged by technologies like AR (that enable stable two-way audio and video annotations) and Scene Tracking. Multiple screens and software could create a simulated environment where architects, engineers, and designers from around the globe can collaborate from anywhere on the same 3D assets.

The Metaverse for everything and everyone

A blank canvas, where upcoming technologies can create a better portrait of the world, there are still some advancements, like 5G technology, required to unlock the true potentials that lie at the bedrock of the vast ocean. The grand vision for a constructive virtual reality space holds immense promise for an interactive realm where users will be allowed to move seamlessly with all the accumulated wealth of assets and avatars.

FreedomX is an immersive digital ecosystem that offers community-driven experiences, solutions, and rewards for creators, brands, retailers, celebrities, influencers, organisations, and the public. The platform combines elements of social media and e-commerce with augmented reality and three-dimensional communities within an expansive virtual world.

This article forms part of a series by FreedomX, the newest virtual AR meta-city marketplace, titled “Get to know more about the Metaverse now”. Stay tuned.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post From Gaming To Manufacturing: The Metaverse Revolution In Today’s Industries appeared first on OpenBusinessCouncil Directory.

Realising Virtual Property And Smart Tourism With NFTs And Metaverse : Everyone has heard about Mark Zukerberg’s big launch of the Metaverse. However, if you think only Zukerberg’s the only one with Metaverse up his sleeve, think again…

Realising Virtual Property And Smart Tourism With NFTs And Metaverse

Here are some brands that are making their way to the Metaverse:-

• After applying for the virtual trademarks, including the swoosh, and the “Just Do It” tagline, Nike plans to launch a virtual line of clothes, shoes, and accessories. It aims to make your ‘avatar’ look fabulous in the Metaverse. The brand had earlier patented “CryptoKicks” — blockchain-based sneakers. 

• Dropbox, the solution to help you keep your life organized and work moving, is another player. It is positioning itself as a storage solution where you can stash all your digital goods in the Metaverse.

• Following the lead, Microsoft aims to give MS-office a Metaverse makeover. Similarly, Epic Games, the brains behind Fortnite, is positioning itself as a Metaverse builder.

Apart from athleisure, gaming, and cloud storage, there’s another industry making headway into the Metaverse – tourism. That’s right!

LynKey, a global blockchain-powered platform, recently launched a revolutionary project aiming to tokenise worth $8+ billion of tourism property. It also offers NFT and Metaverse solutions for a luxurious travel and tourism experience.

Let’s get to the bottom of it and understand what NFTs and Metaverse are and their impact on our lives?

Understanding the Metaverse Universe

Simply put, Metaverse is a digital world operating on the blockchain. This world is scalable, interoperable, versatile, and boasts innovative technologies and models of interaction among its participants. By leveraging the power of technologies like AR and VR, the Metaverse aims to provide unlimited virtual social interaction and business opportunities. 

In other words, Metaverse is like a 3D universe that comprises thousands of processes and elements such as communications, finances, gaming, NFTs, and so much more.

But why all the hype? The primary reason is the freedom it offers; anyone in the Metaverse can create, buy and view NFTs to collect virtual estate, invest, game, and more. This opens up innumerable opportunities for tokenising real-world and digital assets. This is exactly what LynKey strives to create within its ecosystem.

LynKey aims to take the digitisation of travel and real-estate up a thousand notches. To lay the groundwork, it has initiated the digitisation of luxury tourism resorts, hotels, and real-estate at multiple locations, including Vietnam, South Africa, Singapore, United Kingdom, and soon, it’s going to be the world!

So It’s Time to Acknowledge NFTs Impact on the Metaverse

• NFTs are the Gateway to Virtual Property & Real-estate

Imagine if you could borrow money from banks and financial institutions against a valuable piece of virtual land. This means digital homes and assets will be used as collateral for loans. 

Through its platform, LynKey ensures that users can create real-time digital assets or NFTs. 

The conventional process of buying, leasing, or renting a property comes with its own set of challenges. Multiple transactions, intermediary intervention, and of course, exhaustive time and money investment are some of the general ones. 

With LynKey’s virtual real-estate in open Metaverses, you can automate and accelerate these legal processes. Smart contacts can be programmed as per your need to trigger actions and execute orders instantly. 

And what does that lead to? A hassle-free, secure, and convenient process of purchasing property-related assets. You can indulge yourself in convenient and rapid transactions for building, shares, debt or equity. 

No more waiting for weeks or even months to close your deal!

• New, Exciting Trends for the Real-estate

As NFTs become the new currency and collateral, the property and real-estate world can look forward to emerging trends. For instance, you’ll be able to use NFTs for gaining complete ownership of virtual spaces in the Metaverse. 

That’s just not it — LYNK utility tokens are tied to the actual property. LynKey has immense potential to solve liquidity and efficiency challenges in the real estate industry. As a participant, you will be able to build a diverse real-estate portfolio, without having to deal with local politics, outdated regulations, or time-taking transactions.

LynKey takes care of all of that!

Here’s What the Future of Metaverse Looks Like

• There will be no more real-estate agents to intervene.

• People will be able to buy real-world assets by trading NFTs.

• The company’s balance sheet and other financials will include NFTs.

• People will be able to use virtual digital assets or NFTs as collateral.

What are added benefits?

Selling land for profit, renting it for passive income, building various structures like online departmental stores on the existing land, hosting social events, or even going on dates! 

Therefore, NFTs bring ownership and uniqueness to the digital world. They are also the “LYNK” to the Metaverse, where everything is possible. LynKey swoops in and save the metaphorical day. 

By unleashing the powers of smart contracts, NFTs and Metaverse, LynKey aims to transform the way the real-estate economy operates. And not just that, the blockchain-powered platform also believes that the social experience will witness a dramatic upgrade as more and more people will get familiarized with this new life-altering concept.

NFT ownership will be the key to opening up a world of opportunities in the emerging Metaverses. Keeping that in mind, it wouldn’t be far off the mark to say that the future of the Metaverse looks bright, and it feels right! 

So, hop on the Metaverse train before it leaves the station, and explore the realm of LynKey ecosystem in its full vigour!

Read more: Making the Metaverse the key to a better future instead of a dystopian prison

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Realising Virtual Property And Smart Tourism With NFTs And Metaverse appeared first on OpenBusinessCouncil Directory.

Considering its popularity and surging interest, let’s discover what happened across various brands and verticals last week within the Metaverse:

The Metaverse And NFT Ways To Revolutionise The Businesses Around Us

Louis Vuitton Launched a New Game Called “Louis the Game”, Here’s the Tea…

To celebrate its founder’s 200th birth anniversary, the French fashion house, Louis Vuitton, launched a mobile game “Louis the Game”. This is no ordinary game – immersing the player in the world of quests. This involves collecting 200 candles while embarking on the brand’s journey of over two centuries and trying to find one of the 30 precious NFTs hidden in the game.

There’s more, Vivienne, the wooden doll mascot bears the flower monogram of the LV brand. It also helps in collecting NFTs, one of which (an art college) is worth a whopping $69.3 million! However, the NFTs are used only as a part of Louis the Game’s collection and are not open for public selling.

Digital Sneakers have Now Become a Reality Thanks to Nike x RTKFT

This one is for all the sneaker enthusiasts in the house – Nike is launching its new piece of digital sneakers, after acquiring the digital sneaker brand RTKFT. Co-founded by Benoit Pagotto, Chris Le, and Steven Vasilev, RTKFT is not just any digital sneaker brand; it sold around 600 pairs of virtual shoes worth $3.1 million IN UNDER 7 MINUTES!!!

Now, it’s part of the Nike Inc. family. And even though these cannot be worn in real life, the prime motive behind its launch was to blur the lines between sports, gaming, and sportswear.

Coca-Cola and Virtual Wearables? It Doesn’t Make Sense. Here’s the Tea…

To celebrate International Friendship Day, Coca-cola launched its first-ever NFT collectables in the Metaverse in collaboration with Tafi. These virtual wearables were auctioned on OpenSea is a loot box containing the apparel that can be worn inside the virtual world of Decentraland.

Once opened, this Coca-Cola friendship box contains a futuristic Coca-Cola bubble jacket wearable. This wearable has been accessorised with a sound visualizer that has the power of capturing the experience of sharing a Coca-Cola. It also contains a friendship card inspired by the brand’s trading cards from the 1940s.

Balenciaga x Fortnite – Stepping Up its MetaGame

Epic Games, the makers of Fortnite, have collaborated with one of the biggest fashion houses on the planet – Balenciaga. The collaboration aims to present the first-ever high-fashion Fortnite skins into the game. The companies are not just working towards curating virtual luxury apparel, they’re also launching an in-game Balenciaga-themed hub for real-world clothing lines that anyone can buy.

Simply put, it’s like a virtual world fashion show but in a gaming format wherein Balenciaga showcases their new fashion wear. The game includes four new skins, and each one has alternate styling options. Balenciaga is also planning to display other accessories like a pickaxe based on the Speed Sneaker, bling backpacks, and more.

The hub also includes a virtual Balenciaga store wherein visitors can walk in and buy from the latest collection. And just above the virtual store at Times Square, New York, an animated billboard features the walking dog Doggo in a hoodie, which looks so real that it immediately attracted the attention of passersby.

LynKey – Offering Smart Luxury Resorts, Tourism & Real-Estate

The Metaverse And NFT Ways To Revolutionise The Businesses Around Us

LynKey, a blockchain-powered platform, is all set to tokenise $8 Billion in the premium real-estate, travel, and tourism industry. The aim is to deliver a luxury experience worldwide by unleashing the power of blockchain.

From hotels, resorts, to flight tickets, restaurants, and even transportation, everything will be tokenised and/or available on a timeshare basis. To ensure a friction-less real-estate experience and enable peer-to-peer transactions, LynKey is leveraging smart contracts to automate and accelerate legal processes. The best part about these smart contracts is that they can be programmed to trigger customised actions and execute orders as required.

There’s more…

LynKey believes that the true future lies in real-world assets, which is why their tokens are tied to actual property. In fact, this is what makes this project significant. To go the extra mile, LynKey has also launched its utility token to deliver an unparalleled tourism experience for travellers and tourists. This utility token offers real-world value, so whether you want to book a resort holiday or want to upgrade your next business trip, you can do it all with LynKey.

Metaverse – The Old But Unexplored Gold

Even though the term Metaverse was first coined in 1992, the true potential of this revolutionary technology is yet to be discovered. Of course, the world is still years away from unleashing its true potential, but until then, Metaverse will require billions and trillions of dollars in investment. And there’s not even a shred of doubt that if the world of Metaverse continues to expand at this pace, you’re looking at a second reality world.

So before that happens, hop on the Metaverse train and get familiarised with this new reality world. This is where LynKey comes into play. This blockchain-powered platform can help you unleash the powers of smart contracts, timeshare, NFTs, and Metaverse. By tokenising the real-estate and travel industry, LynKey aims to transform the way people travel and invest in properties.

What are you waiting for? Enter the new world reality, enter the LynKey ecosystem.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post The Metaverse And NFT Ways To Revolutionise The Businesses Around Us appeared first on OpenBusinessCouncil Directory.

Blockchain has become the new buzzword of the 21st century, even more so than digital marketing and AI. This cutting-edge, revolutionary technology is on its way to transforming every facet of human life; travel is no exception. It may even be the first one in line.

Pristine features of blockchain that make it inevitable to the tourism industry

• Stability & Security is Never Compromised

• Convenient Accessing and Storing Information is Always On the Table

• Secure Payments are a Vital Part of the Deal

Critical Touch Points that Lynkey Aims to revolutionise Tourism Industry with

• The Headache of Payments

• Inept Hotel and Transportation Coordination

• Sub-standard Baggage Management

• Inferior Reward Systems

LynKey’s Blockchain-Powered Platform — The Trustworthy Way to Travel

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post How Blockchain Is Revolutionising Property And Tourism Industry: The LynKey Way appeared first on OpenBusinessCouncil Directory.