In recent years, the Thai government has injected vitality into the gaming and tourism industries by introducing new policies to support the development of blockchain, while actively promoting the implementation of digital assets and casino business plans, attracting the attention of top investment institutions in multiple fields. As a well-known tourist destination in Thailand, Phuket has quickly become the preferred destination for global capital layout of the RWA (real world asset) industry chain with its superior geographical conditions, rapidly developing economic potential and the feasibility of deep integration with blockchain technology.
On October 15, 2024, M3 DAO, GC Capital and dozens of outstanding blockchain projects held a global joint yacht event in Phuket, Thailand. At this meeting, M3 DAO and GC Capital jointly announced that they would build a luxury villa tourist resort worth 200 million US dollars in Phuket.
The project not only combines high-end tourism and the gaming economy, but also empowers physical assets through the RWA model, and is committed to providing innovative service experiences for global investors and tourists. Both parties said that the implementation of this project will promote Phuket to become a demonstration center for the combination of blockchain technology, digital economy and real economy, and at the same time help Phuket's internationalization process.
The core of this cooperation project is the introduction of the RWA model, which directly applies blockchain technology to the management and operation of physical assets, greatly improving the transparency and efficiency of assets. With Phuket's luxury villa resort as a carrier, investors can not only track their income in real time through blockchain, but also share project dividends through community co-construction, thereby further attracting global capital inflows. In addition, Phuket's unique natural and cultural resources complement the blockchain technology introduced in the project, providing possibilities for the digital development of the future tourism and gaming industries.
M3 DAO and GC Capital have completed the project site selection and confirmed the Larimar Villa area as the core construction site. The project team is working with the local government and community partners in Phuket to optimize the planning and design, striving to highly integrate the project with the local high-end community environment, while ensuring the implementation of green and intelligent construction concepts. The two parties have started the initial planning of the building plan and plan to introduce a series of intelligent management systems to provide technological support for the resort operation.
At the same time, M3 DAO and GC Capital held a number of investment talks around the world, and carried out in-depth cooperation with top venture capital institutions and industry leaders. It is worth mentioning that this project has introduced a number of industry experts in the fields of gaming and tourism, and their resource integration capabilities provide a guarantee for the successful implementation of future projects.
With its prime geographical location and high-quality supporting facilities, Phuket has become an ideal place to combine gaming and tourism. The Larimar Villa area is adjacent to Phuket International Airport and Phuket Old Town. It is surrounded by educational and medical facilities, including world-class institutions such as British International School and Bangkok Hospital Phuket. In addition, the injection of the gaming industry heralds a significant increase in tourist flow, and the real estate market has also ushered in a new round of heating, further enhancing regional economic vitality.
M3 DAO and GC Capital said that after the completion of the Larimar Villa project, it is expected to attract more than one million tourists to Phuket each year, creating considerable economic benefits and employment opportunities for the local area. At the same time, the success of the project will further prove the application potential of the RWA model in the real economy and open up a new track for global investors.
The two parties also plan to use this project as a basis to continue to expand more application scenarios combining blockchain and real assets, including the construction of a smart tourism ecosystem and the digital upgrade of the gaming economy, to inject new impetus into the global capital market and create a model for blockchain to empower the real economy.
M3 DAO Introduction
M3 DAO combines the metaverse, Layer2 public chain and digital asset management to create a community-governed, diversified, innovative and open digital ecosystem that connects Web3 and the real world. Through three major products, MarsVerse, Mars Chain and Mars Protocol, M3 DAO is building a diversified and interactive Web3 ecosystem.
Official website: https://m3dao.io/
Twitter: https://x.com/M3DAO_global
Telegram: https://t.me/MarsVerse_M3
Discord: https://discord.gg/marsversem3
YouTube: https://www.youtube.com/@MarsVerseM3
Medium: https://medium.com/m3-dao
Gambling boom in Southeast Asia:
https://news.qq.com/rain/a/20241012A01VO100
https://mp.weixin.qq.com/s/8FT0mes7yGiqcUIz0phWOw
https://asgam.com/2024/11/14/citi-thailand-to-surpass-singapore-as-third-largest-gaming-market-in-the-world/
https://asia.nikkei.com/Business/Media-Entertainment/Thailand-aims-to-build-soft-power-by-nurturing-gaming-industry
https://opengovasia.com/2024/06/03/thailands-gaming-industry-driving-economic-growth/