The new Phoenic Hera hotel and residence complex in Northern Cyprus promises to revolutionize real estate investment with Miracle Estate’s cutting-edge Utility NFT strategy.

The early steps of Phoenic Hera

The groundbreaking ceremony for the Phoenic Hera complex took place on October 11th in Northern Cyprus. Developed by Miracle Estate, a subsidiary of Miracle Technologies Group, the project promises high returns for investors through blockchain technology.

Investors and benefits of Phoenic Token

Investors who purchase NFTs to participate in the Phoenic Hera project will enjoy free stays throughout the year and access to all hotel amenities. They will also earn rewards from the hotel’s operations, trade their NFTs, and acquire Phoenic Token, the native token of the Miracle ecosystem. As part of the project, Miracle Estate plans to invest a portion of its revenue into Phoenic Token to enhance the benefits for NFT holders.

Future of real estate and NFT technology

The project aims to transform real estate investment by implementing the concept of Utility NFTs, which allows converting real assets into digital ones. The construction phase is expected to last for three years, with completion planned in 2027.

Phoenic Hera involves investments using innovative blockchain and Utility NFT technologies, opening new opportunities for the real estate market.