The 3D-printed housing company Lib Work Co. based in Japan is the latest non-crypto local company that Bitcoin buys for its corporate treasury. He only finds one month after the start of an initiative that uses non-deficient tokens to store house designs.
In a statement on Monday after his board meeting, Lib Work announced plans to acquire 500 million Japanese Yen (3.3 million US dollars) Bitcoin (BTC) as a protection against “inflation trends” in Japan and the risks of “keeping assets only in cash”.
“Therefore, our company has decided to pursue a gradual approach to acquisition and attitude in response to these risks and to prepare for future growth areas with operators in overseas,” said the company.
Three-month Bitcoin purchase from Spree
LIB WORK will continue Bitcoin in a number of Krypto exchanges purchases from September and December and at the same time set up a risk management system, according to his explanation.
At the current prices, a Bitcoin is a value of around 115,377 US dollars, which means that the company could buy around 28 US dollars, which increases the list of TOP -Bitcoin -TraSra -TRASURY companies by $ 105 and overhauled the French payment provider BD Multimedia.
Only one month after the lib work has introduced a 3D-printed housing initiative supported by NFT to save blueprints on the blockchain and use Bitcoin as a payment method.
The first NFT House Blueprint goes live
Lib Work said in a declaration of July 25 that one of his house design, a Lib Earth House Model B, was issued as NFT and aimed at protecting intellectual property and acting as an owner certificate that is connected to the physical house.
The NFT can keep the ID, history and owner information of the house on the blockchain to ensure that buyers have exclusive design rights and prevent unauthorized plagiarism for blueprint.
“Since 3D printed houses are based on digital designs, it is essential to protect the rights to these design files and manage their licenses,” said Lib Work.
“Currently, blockchain technology and NFTs are expanding beyond art and music industries to real estate and intellectual owners.”
https://www.youtube.com/watch?v=sggjfpeql_8
NFT blueprints could help solve challenges
In recent years, the construction industry has exposed to work cartridges and rising material costs, which according to Lib work show the “limits of traditional construction methods”.
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The company said that 3D printing methods and the digitization of the asset digitization could help to solve some of these challenges by creating time, costs and “new international housing markets for metavers and web3 -era”.
“By creating NFTS for 3D printed houses, Lib work will build new housing control mechanisms for investors and users worldwide, which actively promotes international brand value and the expansion to new markets.”
Lib Work was founded on August 1, 1997. The company changed its name in April 2018 and concentrated on the construction of 3D printed houses.
It mainly sells separated houses and real estate using the Internet and virtual reality according to its company profile.
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