LABS Group (LABS) Price

The LABS Group is a community-driven cryptocurrency that aims to transform the real estate industry into digital shares. Its key mission is to normalize wealth in a world of centralization and decentralization, empowering investors with the power of decision-making. The platform offers traditional trading access to everyone, breaking the barriers that limited it to elites, and provides real estate trading opportunities through digital assets and crowdfunding. Additionally, LABS Group offers a trading and crowdfunding platform, a collateralized lending space, and NFT reward solutions on hotels and resorts.

The platform's innovative approach allows everyday financiers to invest in quality assets and grow their money. Recognizing the high ticket price to invest in properties, especially in prime locations and cities, LABS Group seeks to solve this issue by digitalizing the real estate market. Transactions on the platform are secure, safe, and transparent, as they are monitored by smart contracts on a blockchain-based securities exchange. The ecosystem also brings real estate investment opportunities to a global audience, with decentralized finance and governance, quick daily rental payouts, lower charges, and faster transactions.

The governance and utility token of LABS Group is called LABS. Holding LABS tokens in their wallets grants users priority access to real estate opportunities. Furthermore, token holders receive incentives and discounts. The token allocation of LABS is divided as follows: 20 percent for sale, 5 percent for partners, 15 percent for the founding team, 10 percent for the reserve, and the majority share, 50 percent, is dedicated to the interest and ecosystem of LABS Group.

The history of LABS Group (LABS) dates back to 2017 when it was released, and in 2020, it initiated its real estate fund partnership. The founding team includes Mahesh Harilela as the chairman, Yuen Wong as the CEO, Calvin Ng as the president, and Leonidha Zhezha as the CTO. The currency has a total supply of 10,000,000,000 LABS coins.