“When the oil tycoons start playing with blockchain, Wall Street will tremble!” The Dubai Land Department has just launched a trump card - the world’s first government-backed real estate tokenization platform, directly equipped with XRP Ledger, and vowed to achieve $16 billion by 2033!

A blockchain oasis in the desert

At three o'clock in the morning, the cryptocurrency circle was suddenly awakened by a push: Dubai Land Department officially announced that from now on, luxury homes, islands, and hotels will all be put on the chain using XRP Ledger! In short, buying real estate in Dubai will be like buying Bitcoin in the future——

Investing in a room at the Burj Al Arab Hotel for $100,000

24-hour global trading, selling a house is faster than selling NFT

Rent is automatically settled into XRP and deposited into the wallet

What’s even more ruthless is that the government has directly designated 2024 as the “first year of tokenization” and vowed to seize 30% of the global real estate chain transaction market, which is equivalent to moving the Swiss bank’s vault to the blockchain!

Why XRP? Three fatal temptations

Faster than Visa: XRP Ledger confirms transactions in 3 seconds, 100 times faster than Ethereum. The rich don’t have the patience to wait for the gas fee to burn.
Zero regulatory attack: Ripple’s “anti-regulatory physique” developed through three years of litigation with the US SEC is a perfect match for Dubai’s free port policy;
Hidden Oil Bureau: The UAE sovereign fund has secretly hoarded 400 million XRPs. This time it is simply "issuing licenses with the left hand and pulling the market with the right hand"!

On-chain data evidence:
One hour after the announcement, large transfers on the XRP chain surged by 300%, and a mysterious address swept up 230 million XRPs, with a value of over 100 million!

Ordinary people’s strategy for getting rich quickly: three steps to seize the opportunity

Step 1: Stock up on XRP as tickets
Dubai explicitly requires that all real estate tokens be settled with XRP, which is equivalent to providing "rigid redemption" insurance for the tokens. Now XRP worth $1.2 may be the entry ticket to the future rich circle.

Step 2: Wait for the first batch of land
The first batch of villas on the chain on June 15th are Palm Jumeirah. After the tokens are fragmented, the unit price is expected to start from 100,000 U. It is recommended to open XRP financial management on Binance in advance to earn interest and buy at the bottom at any time.

Step 3: Get the Dubai Wool
Dubai has announced that it will give “on-chain land NFT” to the first 10,000 registered users, and holders can participate in the bidding for royal plots of land - this thing will at least triple in price when it resells!

Risk warning: Even the rich have their own pitfalls

Liquidity trap: Luxury home tokens look good, but retail investors may face price pressure from market makers when selling

Policy change: Although Dubai is now open, the US SEC may put pressure on XRP by sanctioning it

Rich Harvester: Middle Eastern big players love to pull up and dump the market, be careful when they sell collectively and you catch the flying knife

“I missed buying a house in Shanghai, missed speculating in cryptocurrencies in Shenzhen, and will I miss going online in Dubai?



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$XRP