XEROF Weekly Newsletter: WEF23, Property & Luxury Goods News
Next week is going to be very busy in Switzerland as the Crypto Summit takes place in Zurich and the World Economic Forum returns to its regular winter slot at Davos for the first time since the pandemic. Blockchain & Crypto is once again going to feature very strongly across the agenda with many industry players hosting meeting and discussion spaces plus organizing networking events. The topics of regulation and professionalization of the industry appear frequently across many of the agendas.
Indeed, Coindesk and The Global Business Blockchain Council (GBBC) believe that Davos could represent something of a moment of reset for the industry. Coindesk’s Angie Lau from Forkast discussed this topic in this short video piece with Sandra Ro, the CEO of the GBBC where they both state that Davos may be critical to develop support and collaboration across the industry.Xerof will be in attendance at the Crypto Summit and the World Economic Forum to present thought leadership, discuss with clients and peers and meet new collaborators. Our CEO, Nick Ntigrintakis and COO, Marc Taverner are attending these events all week and will be delighted to meet with any clients and contacts for a discussion, you can reach them using this simple form.
Luxury Goods News. Watch Week 2023 in Singapore
One of the most long-awaited events in the luxury goods world is happening. LVMH Watch Week is taking place in Singapore and has arrived to ring in 2023 with a slew of new models from Hublot, Zenith, Tag Heuer, and Bulgari.For example, the Bulgari brand traditionally brings its most imaginative versions of the Divas’ Dream, Allegra, and Serpenti with colorful, gem-laden jewelry.Zenith and its Defy Skyline collection are celebrated by the new and innovative Defy Skyline Skeleton, ramping up the design of the Skyline with a solid example of "skeletonization," as Forbes explains.
If you are unable to attend Watch Week, you can still purchase these luxury items using bitcoins or other cryptocurrencies. And if you decide to do that, our previous article will be very beneficial for you. If you have any questions on this topic or need help connecting to retailers please drop us a line here.
Real Estate News. Dubai Luxury Real Estate. Time to Invest?
Already a strong performer in 2022, Dubai could once again be a great location for real estate investors. It seems that the luxury real estate market in Dubai has defied the global trend of falling property values with analysts, developers, and market experts predict that the luxury home segment will continue to rise this year.According to a recent Knight Frank report, the luxury property market will grow by 13.5 percent in 2023. This is a record in and of itself, as no other global property market is expected to reach double digits this year.According to Bloomberg, the city registered 90,881 residential transactions in 2022,— beating the previous record of 81,182 deals in 2009. So to all of our contacts and partners considering this market, this could be an interesting time to explore this growing market.
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XEROF is a Swiss-licensed Crypto Gateway that offers exchange services for customers who possess crypto wallets and want to use them as fiat currency to purchase real estate properties and luxury goods.Learn more about XEROF