Manson Ndubuisi
5 min readJan 9, 2021

KRG- PAVING THE WAY FOR CRYPTOCURRENCY ADOPTION IN COMMERCIAL REAL ESTATE BUSINESSES

Real estate, in a nutshell, is described as the land together with any form of permanent improvement that is attached to the land be it natural or artificial such as water, minerals, trees, buildings, bridges, fences, etc.

It is very imperative to know that real estate does not only include the physical surface of the land rather it includes everything that lies above and below the land surface, as well as the things that are permanently attached to it, and all the right of ownership such as the right to own or possess, right to sell and lease, etc.

The introduction of cryptocurrency has transformed so many industries and sectors such as the financial industry, educational sector, etc. Bringing digital assets (cryptocurrency) into the Real Estate sector will be the ideal way to revolutionize this great sector.

One reliable and secure crypto-asset that can improve, innovate, and make the Real Estate sector more productive both now and in the future Is the KRG.

KRG- A TOP-NOTCH CRYPTOCURRENCY THAT IS BACKED BY A REAL ESTATE BUSINESS

KRG is one of the leading cryptocurrencies in the present market. It is designed to be a simple and transparent tool that will improve investment in commercial real estate, making it easy and straightforward.

One of the amazing features of this great digital asset which makes it stand tall among other cryptocurrencies is that it is based on blockchain technology, and it is backed up by a powerful, reliable real estate business known as the Karagandy Hotel and Office complex.

KRG token Is attractive, and unique which makes it a superior cryptocurrency. Most cryptocurrencies are backed up by nothing, and this makes them prone to high volatility thereby leading to the risk of depreciation to zero.

To crown it all, each of the KRG tokens is backed by a share of the Karagandy market which is valued at the rate of 1KRG per $1. Since KRG is backed by a real business, it puts it at the forefront of the new stage of economic growth, which makes it the future of cryptocurrency.

WHAT IS KARAGANDY ALL ABOUT?

Karagandy is a Hotel and Office complex that is situated at the core or center of Karandy city in Kazakhstan. It is a renowned commercial real estate with a lovable climate and a quiet, serene environment and modern facilities, making it the best among the rest.

Karagandy Hotel and Office complex is also known as a three-star hotel that offers lots of incentives to its customers. Apart from being regarded as an economy class, it has easy transport connections thereby making it easier for customers to access it.

Without mincing words, Karagandy Hotel & Office complex is second to none both in the Karagandy city and beyond. Their wealth of knowledge and experience in the real estate business has made them unbeatable. Karagandy is made up of 5 floors and has a total area of 10.000 square meters.

In the Karagandy Hotel & Office complex both the 1st and the 2nd floors are rented out as retail and as office premises. The 3rd and 5th floors are occupied by hotel rooms of mixed types. Karagandy is highly secure because one of its top priorities is the safety and security of its customers.

BENEFITS OF KRG TOKENS (CRYPTOCURRENCY) IN COMMERCIAL REAL ESTATE

  • TRUST AND SECURITY: KRG is a blockchain-based token. Blockchain as one of the most secure technologies makes it easy for information to be verified, which goes a long way in eliminating fraudulent activities thereby giving traders (buyers and sellers) the confidence to carry out transactions or businesses with confidence.
  • ELIMINATION OF INTERMEDIARIES: It is no longer news that many people are involved in real estate transactions or deals ranging from brokers, lowers, banks, etc. All these delay the deals and make them more expensive, but with cryptocurrency through blockchain, these intermediaries are eliminated thereby enabling smooth, affordable, and quick transactions.
  • LIQUIDITY: Transactions in real estate take a lot of time to be completed, this is mostly as a result of the several paperwork that must be completed, and several people that must see to it. But with cryptocurrency and blockchain, this amount of time spent in completing real estate deals can be drastically minimized, and this will effectively make real estate a more liquid asset.

KRG TOKEN DETAILS

Token Name: Karaganda

Ticker Symbol: KRG

Total Supply: 10,000,000 KRG

Decimal: 18

Token Type: ERC-20

Native Blockchain: Ethereum Blockchain

Holders: 79

CONCLUSION

Karagandy Hotel & Office complex has proven to be the right commercial real estate business where investors are assured of maximizing their profits. Since it backs a cryptocurrency (KRG), that means crypto users and investors can invest, acquire, and rent its room or property with KRG tokens.

Karagandy is an established business managed by well-qualified professionals in real estate management. One of its goals is to ensure that the commercial profit generated from the hotel business will be utilized for a phased buyback of the Karaganda tokens, which will reduce the total KRG token in circulation, therefore strengthening their value.

Are you a real estate investor looking for secure and transparent commercial real estate that guarantees maximum profit to invest in? Or are you a traveler, a tourist in search of the best hotel for your tourism and relaxation? Karagandy Hotel & Office complex is the answer because it is affordable and ticks all the boxes.

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WRITER’S INFORMATION

Writer: Mansonndubuisi

Bitcoin talk Username: Mandez4real

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2792633

Proof Of Authentication Post Link: https://bitcointalk.org/index.php?topic=5299539.msg56054641#msg56054641

Manson Ndubuisi
Manson Ndubuisi

Written by Manson Ndubuisi

I am a crypto writer and a blockchain technology enthusiast. Here is my homepage link, https://mansonndubuisi.medium.com/

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