The Gibraltar Blockchain Exchange (GBX) Grid has revealed the third project to be listed on its platform: Crowdvilla, a blockchain-based startup that is aiming to democratise real estate ownership worldwide.

Located in Singapore, Crowdvilla is based on the concept of the common good. It is a non-profit organisation that wants to ‘provide true sharing of its global portfolio of hotels and holiday properties on the blockchain,’ according to its white paper. Through the use of the Crowdvilla token (CRV), the platform is building a portfolio of holiday homes across the globe that its users will own and share among themselves.

GBX Grid, a subsidiary of the EU-regulated Gibraltar Stock Exchange (GSX), is aiming to be a world-leading, institutional-grade token sale platform and digital asset exchange. After careful selection the platform has decided to include the CRV token on its exchange, making it the third project.

“We are privileged to be the third token launched on GBX Grid,” said Darvin Kurniawan, co-founder and CEO of Crowdvilla. “We believe our commitment to be a compliant and ethical blockchain project aligns perfectly with GBX’s ambition to be the leading source of credible tokens and digital assets.”

Prior to co-founding Crowdvilla, Kurniawan founded REIDAO, a blockchain-based real estate company.

GBX, which operates similarly to a traditional stock exchange, is seeking to create a new era of trust, openness, and global acceptance for the crypto industry. In order to conduct due diligence projects are required to have the support of a sponsor firm before they can make an application to be listed.

Crowdvilla is sponsored by ICOMain.io, the main solutions provider giving secure guidance for blockchain projects through the complications of the initial coin offering (ICO) space. The other two projects on GBX are Traceto.io and Carbon Grid Protocol.

Traceto.io is a decentralised network of anti-money laundering (AML), counter-terrorist financing (CTF), and know-your-customer (KYC) solutions enabled by fusing smart contracts with artificial intelligence technologies. It is aiming to incentivise users to build symbiotic relationships that guarantee privacy yet comply with regulatory requirements.

Carbon Grid Protocol is built to decarbonise blockchains. The idea behind it is to enable and incentivise blockchain networks as well as DApps for offsetting their carbon footprint.

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