Monaker Group Announces Crypto Offering Created by Majority-Owned Longroot for Major Thai Real Estate Development Company
WESTON, FL, Dec. 01, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Monaker Group, Inc. (NASDAQ: MKGI), a leading provider of travel and vacation rental booking technology, today announced that the Longroot initial coin offering (ICO) portal in Thailand, in which Monaker recently acquired an indirect controlling stake, has signed a Letter of Intent with MAGNOLIA QUALITY DEVELOPMENT CORPORATION (‘MQDC’) (‘MAGNOLIA’), a business unit of DTGO Corporation Limited (DTGO), to represent MQDC as Financial Advisor and ICO Portal for a proposed initial coin offering valued at between US$500 -700 million. MAGNOLIA, founded in 1994, is a renowned real estate developer in Thailand with a portfolio of de
