NOT A HOTEL announced that it will issue virtual currency to raise 2 billion yen to buy real estate
According to online reports, holiday home and hotel operator NOT A HOTEL (Shibuya, Tokyo) announced that it will issue a cryptocurrency (virtual currency) NOT A HOTEL COIN (NAC). The company aims to raise 2 billion yen, Japan's largest virtual currency financing. The funds will be used to purchase and develop real estate. The company's wholly-owned subsidiary, NOT A HOTEL DAO, will issue virtual currency and raise funds through the IEO (Initial Exchange Offering) mechanism, and will begin accepting IEO applications on exchange operator GMO Coin on the 31st. The minimum purchase quantity is 10 NACs.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
