Gibraltar on blockchain exchange (GBE), which is ICO-marketplace, has announced the support of licensee Singapore non-profit organization Crowdvilla. In the history of the platform this is the third ICO.

.@Crowdvillaio, a Singapore-based organisation that provides a platform for holiday home-sharing using #blockchain technology, will soon launch its #tokensale on the GBX GRID. Find out more about their project here: #CryptoHarbour #crypto

— GB Exchange (@GibBlockEx) July 9, 2018

Crowdvilla intends to use the blockchain and cryptocurrency CRV on the rental market for the rest. On the investments the organization intends to purchase the property and the CRV tokens will be equivalent to the ownership of the relevant investments are part of the purchased assets.

It is noteworthy that for payment on the objects Crowdvilla will launch another token — CROWD.

We will remind, since January 1, entered into force norms under which Gibraltar companies providing services using the blockchain technology, are required to obtain the appropriate license from the financial services Commission (GFSC).