Crypto News in a Nutshell, Summer of Sound & Fight for Charity
Nations are now receiving crypto assets as a form of payments, luxury brands now accept crypto, and real estate is not left out. These are glimpses of what the crypto sphere has been experiencing, especially in recent months. Wondering what countries are or what brands receive crypto payments? Join in as we range over some of the positive developments in the cryptocurrency, blockchain, and real estate ecosystems in recent months.
The Spanish real estate investment surged by 400% with crypto at the core of payments
The real estate investment ecosystem keeps thriving across Spain as more investors are ditching the riskier investments for the safer ones. Reliable sources across the real estate world report that the interest in this avenue has risen by 400% from November 2021. According to Europa Press, More people now purchase homes without even needing to set their foot in them. What’s even more intriguing is most of them now use cryptocurrency as a means of payment.
Besides, considering the increasing inflation costs and the recent war, opinions and predictions relating to economies have been somewhat inconsistent and unstable. People now withdraw their funds from stocks, futures, etc., to seek refuge in the real estate market.
Singaporean and US luxury car brands start accepting crypto
Crypto reception keeps gathering pace as more and more brands target hodlers for sales. The demand has as well been on a rise, especially in 2022. And this is not limited to the US, but Singapore is also onboard more of the crypto-friendly populace. Recently, Porsche partnered with Bitpay to facilitate crypto payment for its products. This was made public via Twitter, where Bitpay indicated the deal with Porsche Towson to serve as a payment network for vehicles purchases. As you probably know, Bitpay is a heavyweight when it comes to blockchain payment gateways, allowing anyone to transact BTC as payment for goods and services.
This announcement coincided with yet another similar crypto car payment news. Eurosport also made its partnership with FOMO Pay public. With FOMO Pay, anyone across Singapore can now buy luxury automobiles from, the brand. This indicates the group’s interest to engage new prospects who seek innovative avenues to spend their digital assets and as well address the surging demand for straightforward, seamless, and flexible crypto payments.
These partnerships will help the brands in their bid to minimize transaction costs and encourage borderless transactions and payment protection that spans various borders. As of today, Eurosport has listed the new Alfa Romeo Stelvio Quadrifoglio for roughly 7.4 BTC.
Real estate footstep in massive crypto adoption
The real estate ecosystem has, beyond question, hopped on the DeFi bandwagon, treading the path of the luxury brands’ outfit. Recently, XBTO, a crypto firm, made its plan to create a mortgage-backed by bitcoin in Miami. From reports, creating mortgages collateralized by bitcoin will help crypto holders steer clear of potential capital gain taxation while enjoying the uptrend in the assets valuation.
Überstate is Joining the Summer of Sounds festival, in Canada
Summer of Sound is an electronic music festival to be held in Canada. Since 2014, the festival has consistently served as a compelling, exciting, and fun festival destination for music fans globally and across the North American nations. Deemed the biggest EDM in Canada, Summer of sounds is inviting every fun lover, festival chasers, and party-goers to come to have some fun and relish the beauty of music together.
Überstate, as a brand seeking to onboard more demographics, achieve all-inclusiveness, and be available for all, will be a part of this exciting movement. So, you can join in on June 10, 2022, at Assiniboia Downs, Winnipeg, Manitoba. Come have some fun as we redefine the crypto and real ecosystems.
Überstate is sponsoring the upcoming 2022 fight for charity
Fight for charity is a program where several committed Manitobans put up their first to raise funds for a noble cause. In this edition, the event aims to help Ronald McDonald House in its bid to offer families of ill children home, while offering free treatments to their children at hospitals convenient for every party involved. This event will take place with an audience of 1,000 people. So, here is a call for anyone looking to dedicate their time to a noble cause.
Charity has always been one of Überstate’s mainstays as a brand. And in a bid to further optimize its charitable efforts, Überstate will be joining in and sponsoring the event to touch the lives of as many children as possible. The annual event will hold on 30th April at the RBC convention center, Winnipeg. Through Ronald McDonald Care Mobile, the event will help provide seamless access to medical care, especially for the vulnerable populace. With Überstate and Fight for charity, several families can enjoy companionship, and stay together, while their children can heal better!
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