Rendering for one of the 60 pavilions and villas that AGIA International is creating on Great Exuma in the Bahamas. (Graphic: Business Wire)
NASSAU, Bahamas & GREAT EXUMA, Bahamas--(BUSINESS WIRE)--In an unprecedented step for Web 3.0 and real estate, AGIA International Ltd officially announced today that it plans to sell 60 ultra-luxurious pavilions and villas to be built atop the Bahamas’ Great Exuma Island via a series of upcoming non-fungible token (NFT) mints on the Ethereum blockchain.
“This is the first time an entire real estate development has been exclusively for sale on the blockchain”
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Set to be the only community strictly sold via NFTs, AGIA International’s development is radically recreating land used by the infamous Fyre Festival in 2017. Five years and tens of millions of dollars later, private spending is set to transform the site that now promises to house the most exclusive enclave in the Caribbean.
“We bought this property because we saw its future,...
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