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Usha Yadav
Apr 27, 2022

Tokens will be Sold to Raise Funds for Constructing a Luxury Resort in Malaysia

Malaysia
One of Southeast Asia's most prominent development companies has just announced that a token sale will be used to raise funding to construct a breathtaking resort.

The real estate tentacles of IBN Corp can be found throughout Asia. Malaysia, China, and Singapore are all home to the company. The company has completed numerous exceptional projects, including IBN Bukit Bintang, Kuala Lumpur's highest residential building.

Highlands City, IBN

Their most recent project, IBN Highlands City, is a multibillion-dollar undertaking. It will be located in Genting Highlands, one of Asia's most well-known summer resorts.

The project will include serviced apartments, commercial areas, and five-star hotels; all considered high-end. They'll also be selling tokens to cover the costs of the building.

The Crypto Connection With Luxury Resort

The tokenization concept developed by Brazilian Luiz Góes will fund the development of Malaysia's IBN Highlands City-Fortune skyscrapers. Góes is the CEO of LYOPAY and a co-founder of LGBank.

According to Góes, the Malaysian resort project "is not only a pioneer in its enormity but also a turning point in the crypto market and future tokenization projects."

The link to Hasbro

Hasbro is a massive toy company based in the United States. They're collaborating on the project with IBN Corp. Hasbro's portfolio includes almost 1,500 brands. Marvel, Transformers, Star Wars, Peppa Pig, and Monopoly are examples of this. This hotel will be referred to as a 'Hasbrotel.'

Tokens will be Sold to Raise Funds for Constructing a Luxury Resort in Malaysia
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

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