Curated News
By: NewsRamp Editorial Staff
April 24, 2024
Diamond Lake Minerals and Boxabl Team Up to Bring Affordable Housing to the Masses and Digital Tokens to Investors
Discuss on RedditTLDR
- Investors can access digital tokens of innovative real estate start-up, Boxabl Inc., through a long-term alliance with Diamond Lake Minerals Inc.
- Boxabl Inc. mass-produces upscale low-cost housing, such as the Casita, a 19' x 19' prefab studio apartment that can be installed in any customer's backyard in about an hour.
- Boxabl Inc. aims to address the U.S.'s lack of affordable housing, providing solutions for low-income renters and driving demand for backyard accessory dwelling units.
- Boxabl Inc. has developed a building system that allows different-sized room modules to be stacked and connected to create a wide variety of building types.
Impact - Why it Matters
The partnership between Diamond Lake Minerals and Boxabl has the potential to revolutionize the real estate market, addressing the lack of affordable housing in the U.S. and providing investors with access to digital tokens of a potentially game-changing real estate start-up. The collaboration aims to provide a more efficient process and shorter timelines for residents moving into their homes, ultimately making a significant impact on the housing crisis.
Summary
Diamond Lake Minerals Inc. (OTC: DLMI) has entered into a long-term alliance with Boxabl Inc., an innovator in the modular home building market. The collaboration gives Diamond Lake Minerals entrance into the real estate market and gives investors access to digital tokens of a potentially revolutionary real estate start-up. Boxabl is addressing the U.S.'s lack of affordable housing, which has been a long-standing problem exacerbated by high mortgage rates and a lack of inventory. Diamond Lake Minerals and Boxabl are collaborating to identify, design and develop communities around Boxabl’s modular homes known as Boxabl Villages.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Diamond Lake Minerals and Boxabl Team Up to Bring Affordable Housing to the Masses and Digital Tokens to Investors
