Heavyweight Brands, Massive Adoption & Überstate
Exciting, thrilling, and mindblowing - these are some adjectives that best define the DeFi and crypto space in recent months. From massive adoption in real estate and general transactions to heavyweight brands succumbing to the craze, here is a concise overview of some recent positives in the crypto space.
SFLMaven kickstarts the crypto journey, ultimately gunning for the metaverse
The heavyweight luxury jewellery brand, SFLMaven recently made its intention to start accepting BTC as a form of payment public. This is indicative of its ultimate intention to delve into the metaverse with its exclusive vintage jewellery. The brand’s CEO, Joseph Laden, indicates his excitement to accept Bitcoin as a way to streamline their digital presence as well as establish a resonance link with the ever-growing tech-savvy ecosystems and demographics. Since its creation, SFLMaven has recorded well over $140 million in sales. But with this development coupled with the projections of the metaverse amassing a worth of $13 trillion by 2030, we expect this value to see a geometric surge in the coming years.
Rio de Janeiro integrating crypto into urban real estates
The second most Brazilian city, Rio de Janeiro will start receiving BTC for real estate taxes. This will cover every real estate asset within the territories of the city. According to reliable sources, the city will implement this pro-crypto tax law by 2023 as made public by Chicao Bulhoes, the secretary of economic development. This initiative will position Rio de Janeiro as the first Brazilian city to bring cryptocurrency payments into mainstream adoption, especially within the real estate ecosystem. Pedro Paulo, the nation's secretary also further reiterated that this effort aligns with the city's ultimate aim to establish a robust breeding ground and market for new assets class within the nation.
As this plan progresses, the city also has intentions to integrate NFTs into its governance policies spanning diverse outfits and markets, including tourism, culture, as well as art. Remember, early this year, Meta, arguably the biggest social media platform globally, also partnered with Brazilian authorities to create software and hardware frameworks to facilitate the growth and reception of crypto-related services within the country.
Überstate rebranding its website to align the image with the crypto momentum and massive growth
Überstate is announcing its upcoming formal launch of the new beams website. The new Überstate website is designed to better showcase the growth and momentum attributable to the brand and what it offers. Besides offering a more comprehensive range of resources to partners, users and investors, the new Überstate website is tailored to highlight the ever-expanding business portfolio, and solutions attributable to the brand, while showcasing its cutting edge strategies and leadership visions.
Überstate, a comprehensive and full-featured crypto platform, is revolutionizing crypto, blockchain, and the range of markets associated with them by accentuating innovative solutions and creating state-of-the-art products to introduce crypto into real-life use cases. Since the technological landscape of this space is in constant evolution, Überstate is also constantly on a path to providing seamless involvement and an ecosystem that facilitates growth in the real estate and general crypto space.
Considering these, the website is now sleeker, more comprehensive, intuitive, and better align with the business’s brand strategies, communicates the vision, and is scalable as the brand keeps working towards growth. The new website will also serve as a great resource to help the users, partners, and everyone better understand the scope of Überstate’s capabilities while simultaneously serving as a nonpareil engine that powers every effort and vision.
About Überstate
Run by a team of blockchain and financial professionals, Überstate is a brand changing the landscape of the fintech and crypto ecosystems, especially relating to real estate. It bridges the gap between real-life use cases, real estate, and crypto, allowing you to diversity your investments and spend your crypto assets anywhere that accepts apple pay or Samsung pay.
Website: www.uberstate.io
