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According to an executive with the Dubai-based DAMAC Propertie | BITCOIN NEWS UPDATES | AIRDROP | GIVEAWAY

According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning of this year.” The executive, however, says his company is facing challenges convincing the older generation decision-makers to buy into the metaverse, non-fungible tokens, and cryptocurrencies.

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The Dubai-based real estate developer, DAMAC Properties, has since the beginning of the year completed cryptocurrency deals worth $50 million, the company’s chief operating officer (COO) Ali Sajwani has said.

In his remarks during an interview, the COO said by accepting either bitcoin or ethereum as payme...

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