Dubaisky developer offered customers VIP-treasure for cryptocurrencies – Bits Media

The construction company Damac Properties from the United Arab Emirates announced, that I am ready to accept payments in bitcoins and ether.

The large developer of elite real estate Dubai announced, that to support the development of the crypto industry in the country intends to ensure Convertation of digital assets into fiat currency, and also offer customers to purchase VIP class housing for bitcoins and broadcasts.

Damac is claimed, that will become one of the first developers of the UAE, providing customers with the opportunity to buy real estate for cryptocurrency. Chief Operational Director and Head of Damac initiatives for digital transformation Ali Sajwani (Ali sajwani) considers, that this decision will affect the acceleration of digitalization of the region’s economy.

“Damac Properties has always been at the forefront of innovation - from the construction of luxury houses to creating unique impressions. This step to customers, owning cryptocurrency, is one of the initiatives, aimed at accelerating the economy for new generations and for the future of the entire industry ", - Sajwani assures.

Damac's management recognizes the value of a decision to sell real estate for bitcoins and broadcasts as for customers, So are the companies.

“Such global companies as ours are extremely important to stay at the top of progress. Offer another transaction mode is interesting, And we are glad to recognize the value of technology for our customers ", - says Sajwani.

At the same time, Pantera Capital CEO Dan Morhead (Dan Morehead) considers, that toughening the US Federal Reserve Policy will lead to a large -scale flow of capital from traditional assets, Including real estate, On the market of cryptocurrencies.