A 5-star luxury resort in Vanuatu, to be managed by Wyndham hotels (a multi-billion dollar resort and hotel management company) will be one of the first in the world to accept cryptocurrency for bookings and the sale of its luxury villas.
Management says they will accept any of the top five cryptos and Bitxcoin- a new up and coming cryptocurrency.
Bitxcoin is a new cryptocurrency/company that is looking to innovate the Global Payment System. If Bitcoin was started all over again, it would most likely use the superior Ethereum blockchain platform. Some consider Bitxcoin to be like Bitcoin as a payment system, but Bitxcoin is expected to be better due to its more effective blockchain technology platform.
The project in Vanuatu is part of a $750 million resort project that includes three 5-star resorts, a Jurassic theme park, casino and a water park.
It will be targeting Chinese, Australian and New Zealand tourists. Industry experts believe it will reshape Vanuatu.
The project recently launched its villa sales with a special promotion giving a select few luxury villas away for $150,000 that are worth over $400,000 AUD. Therefore, some savvy property investors are reaping extraordinary profits by providing pre-seed funding for property projects.