LIFULL NFTs: Real Estate Membership

Curvegrid is thrilled to support LIFULL Financial in the development of their NFTs, powered by NFTeapot and our custom smart contracts on MultiBaas.

Innovative Accommodations

Japan has a growing problem with home vacancy and unused real estate. The Nomura Research Institute predicts that one in three homes across the nation will be vacant by 2038. As the population declines, homeowners are encouraged to own multiple properties to address this issue. Once limited to the affluent, second-home ownership has been transformed into a more inclusive and accessible concept, now attainable by anyone.

This is where LIFULL Financial comes in. They have launched LIFULL STAY membership NFTs that allow users to stay at their desired accommodation for one night annually. By becoming a holder of the NFT, members gain access to exclusive perks, including members-only discounts of up to 40% off the regular price of the stay, as well as the ability to make priority reservations. These NFTs are transferable, allowing members to gift or sell unused stays.

First Project Sale: Rinne 2nd Living

On January 30th, 2024, LIFULL Financial launched their sale on Coincheck and on February 6 they listed the rinne 2nd living property directly on their website. The website listing is built on Shopify using Curvegrid’s NFTeapot app.

rinne 2nd living, located in Nasu Kogen, is a renovated 2LDK vacation property that includes a private sauna and can accommodate up to 5 people.

Real-World Assets Meet the Blockchain

The implementation of real-world assets not only marks a significant milestone for LIFULL but also reflects our shared commitment to pushing the boundaries of innovation using on-chain technologies. We’re excited to witness the transformative impact of LIFULL’s NFTs and the innovative solutions they are bringing to real estate and tourism in Japan.

To learn more about LIFULL Financial’s latest NFT drop, read their official press release here: https://prtimes.jp/main/html/rd/p/000000440.000033058.html.

Edited on February 20, 2024: Revised terminology regarding the use of tokenization.