LABS Group X Gravity Resorts launch of Kunang Kunang
LABS Group is announcing the launch of the first community-powered and owned NFT- fractionalized resort, Gravity Resorts Kunang Kunang. The resort is located in the sacred nature of Banyuwangi, Licin District in Indonesia. Developed by Gravity Property Holdings, operating as Gravity Resorts, which owns and manages 7 properties strategically across Asia.
Banyuwangi in Indonesia is ranked as the number two “10 New Balis”. It was one of the prioritized destinations to be invested in by the Indonesian government. Kunang Kunang is the hub of the eight main attractions in Banyuwangi, it allows easy travel from 10 minutes drives to the closest attraction, Jagir Waterfall which is just 200m upstream form the resort, to half hour of drive to Ijen Crater Blue Volcano, the only blue volcano in the world that allows tourists to enter.