Tokenize Real Estate Assets - LABS Group (LABS) w. Mahesh Harilela
Have you ever thought of owning a property in Hong Kong or a beach resort in Phuket? Does it sound like a dream to you? LABS Group (LABS), the world's first end to end blockchain-powered real estate ecosystem. The project aims to democratize real estate investment through the digitization of assets and crowdfunding. In this episode, we will speak to Mahesh Harilela, Chairman of LABS Group and CEO of M. Harilela Global Investments Ltd., and Asia CBD Pte, about how LABS group is going to disrupt the real estate market by fractionalizing real estate investments and the progression of this project.
00:00 Introduction
00:47 LABS Group - Background
02:38 Why are you looking to venture into blockchain? What Is the philosophy behind this?
04:22 What do you think is the barrier that is stopping the traditional sector to jump onto the blockchain?
06:41 How did you bridge the traditional assets and securities onto Blockchain?
09:02 What is the process/procedure to lower down the barrier for buying a property?
12:42 How do we invest in things that are not depreciating but that will appreciate?
13:35 Can LABS tokenize the real estate only in Hong Kong or Internationally?
15:28 Fractionalise investment: How do you open this market up?
18:38 LABS Use Cases
19:28 What is the status of LABS right now?
20:10 What kind of assets are available for this project?
21:15 Where to find LABS?
L.A.B.S Group website: https://labsgroup.io/
#LABSGroup #NFT #TokenizeRealEstate
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I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
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