[HONG KONG, Mar 16] – LABS Group is pleased to announce a joint marketing campaign with KuCoin, a world-leading cryptocurrency exchange with over 10 million registered users across over 200 countries and regions. As a fractionalized property investment platform based on blockchain, LABS Group is going to expand the community with KuCoin.
“I think all of us would agree that marketing is extremely important for any project to be successful,” Yuen Wong, CEO of LABS Group, said. “I have made an agreement with KuCoin to run a major marketing campaign. We have also struck an agreement with BitMart during their 4th anniversary campaign, so that we can get the words spread across different platforms and communities.”
Moreover, LABS Group is in a joint venture partnership with Arena Esports Hotel, a Southeast Asian hostel chain with Esports facilities. The flagship hotel at Bugis Village, Singapore is Southeast Asia’s biggest Esports Hostel spanning 22,700 square feet. LABS Group is devoted to the Esports hotel business and this is going to be its main focus this year.
LABS Group, meanwhile, has decided to migrate from Ethereum (ETH) to the Binance Smart Chain (BSC). Along with technical improvements, the updated token smart contract enables our users to experience low transaction fees, borderless DeFi and a booming DEX ecosystem. The migration to BSC will boost the token utility, usage and adoption of LABS tokens. As planned, LABS Group will be a multi-chain platform.
CEO Yuen Wong from LABS Group maintains that these developments will eventually lead to “ A Shifting from ETH to BSC and empowers the platforms with a new integration function, with the help of blockchain technology. “To show our commitment, the team has decided to delay the token release schedule by 12 months. So let’s be assured that we are into this project long term and we will pledge our commitment into this project,” continued Yuen Wong. Whistle, a new innovative “ Buyback and Burn model” with profit generated by the ecosystem is adopted.
The Transformation of New BSC has begun at LABS Group:
Let’s dive into what BSC on Crypto Economy’s present
“ Shifting from ETH to BSC ”
LABS Group has decided to migrate from ETH to BSC. Along with some technical improvements, the updated token smart contract enables users to experience low transaction fees, borderless DeFi and a DEX ecosystem that is booming. Hence, the migration to BSC will boost the token utility, usage and adoption of LABS tokens, with a real aimed focus to make it a multi-chain platform.
“ Buyback and Burn model ”
LABS will be switching to a buyback and burn model with profit generated by the ecosystem, and with 10 percent of each crowdsale will go to permanent liquidity lock.
“ The presence of BSC (Binance Smart Chain) allows users to earn profits while also gaining realistic idea for their originality.”
Videos share: LABS Group unveils its ultimate Southeast Asia expansion plan
- Know more about LABS’s southeast asia plan ( video link http://lnnk.in/dvfZ )
- To Recap the KuCoin AMA with LABS ( video link http://lnnk.in/gMe2 )
About LABS Group
LABS Group Limited (https://labsgroup.io), the world’s first end to end Blockchain powered real estate digital investment platform that provides access to fractionalized property and business ownership. It is taking a proactive role in spearheading the Esports hotel business, capitalising on current GameFi and Metaverse trend.
For more information on LABS Group, feel free to follow our socials below:
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Email: [email protected]
Launched in September 2017, KuCoin is a global cryptocurrency exchange for over 600 digital assets. It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 10 million users in 207 countries and regions around the world. In 2018, KuCoin secured $20 million in Round A funding from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is currently one of the top 5 crypto exchanges. Also, Forbes named KuCoin as one of the Best Crypto Exchanges for 2021. In 2022, The Ascent named KuCoin the Best Crypto Exchanges and Apps for enthusiasts.
To find out more, visit https://www.kucoin.com.
I have worked in the financial sector for over 10 years and have been writing about cryptocurrency for the past 2 years. I have a passion for finance and technology and I enjoy sharing my knowledge with others. I am a regular contributor to CoinDesk, one of the leading publications in the space. In addition to my writing, I am also a popular speaker on the topic of cryptocurrency and have given talks at various conferences around the world.