M3 DAO Partners with GC Capital and Leading Investment Institutions to Venture into the RWA Industry Chain — Phuket Becomes the Global Capital Hub

In recent years, the Thai government has introduced blockchain-friendly policies to invigorate the gaming and tourism industries while actively promoting the integration of digital assets and casino operations, attracting the attention of leading investment institutions across various sectors. As one of Thailand’s most renowned tourist destinations, Phuket has rapidly become the preferred location for global capital to invest in the RWA (Real-World Asset) industry chain due to its strategic geographic advantages, rapidly growing economic potential, and feasibility for deep integration with blockchain technology.

On October 15, 2024, M3 DAO and GC Capital, along with dozens of outstanding blockchain projects, hosted a global yacht event in Phuket. During the event, M3 DAO and GC Capital jointly announced their plan to build a $200 million luxury villa resort in Phuket.

This project not only integrates high-end tourism with the gaming economy but also leverages the RWA model to empower real-world assets, aiming to provide innovative service experiences for global investors and visitors. Both parties stated that the project will position Phuket as a demonstration hub for the integration of blockchain technology, the digital economy, and the real economy while advancing Phuket's internationalization process.

The core of this collaborative project lies in the introduction of the RWA model, which applies blockchain technology directly to the management and operation of real-world assets, greatly enhancing asset transparency and efficiency. Using Phuket's luxury villa resort as a foundation, investors can track returns in real time via blockchain and participate in community-driven initiatives to share project benefits, further attracting global capital inflows. Additionally, Phuket’s unique natural and cultural resources complement the blockchain technology introduced in this project, creating possibilities for the digital transformation of tourism and the gaming industries.

M3 DAO and GC Capital have finalized the site selection for the project, designating the Larimar Villa area as the core development site. The project team is collaborating with the local government and community partners to optimize planning and design, striving to seamlessly integrate the project into the high-end community environment while ensuring the implementation of green and smart construction concepts. Initial architectural plans have been launched, with plans to introduce a series of intelligent management systems to support resort operations.

Meanwhile, M3 DAO and GC Capital have hosted multiple global investment conferences, engaging in deep cooperation with top venture capital firms and industry leaders. Notably, the project has introduced experts from the gaming and tourism sectors, whose resource integration capabilities provide strong assurance for the successful implementation of the project.

With its prime geographic location and high-quality supporting facilities, Phuket has become an ideal location for the integration of the gaming and tourism industries. The Larimar Villa area is close to Phuket International Airport and the Old Town, surrounded by world-class educational and medical institutions such as British International School and Bangkok Hospital Phuket. The introduction of the gaming industry is expected to bring a significant increase in tourist traffic, and the real estate market is consequently experiencing a new wave of growth, further enhancing the region’s economic vitality.

M3 DAO and GC Capital stated that once completed, the Larimar Villa project is expected to attract over one million tourists annually, creating considerable economic benefits and job opportunities for the local area. The success of this project will further validate the application potential of the RWA model in real-world industries, opening new tracks for global investors.

Both parties also plan to use this project as a foundation to continue expanding scenarios for integrating blockchain with real-world assets, including building smart tourism ecosystems and promoting the digital transformation of the gaming economy. This effort will inject new momentum into the global capital market and establish a model for blockchain empowering the real economy.

About M3 DAO

M3 DAO combines the metaverse, Layer 2 public chains, and digital asset management to create a community-governed, diverse, innovative, and open digital ecosystem that connects Web3 with the real world. Through its three main products, MarsVerse, MarsChain, and