Miami, Fla. – Safe and Green Development Corporation (NASDAQ: SGD) has recently announced a non-binding Letter of Intent (LOI) with Majestic World Holdings (MWH) regarding a proposed strategic partnership. This collaboration will involve SG Devco investing in MWH in exchange for access to MWH’s software platform, Xene.
According to David Villarreal, President & CEO of SG Devco, this partnership represents a significant milestone for both companies. The goal is to leverage the innovative technology and resources of both organizations to create shared value. By capitalizing on their unique strengths and capabilities, they anticipate an era of growth, innovation, and expanded opportunities.
The central focus of this partnership is MWH’s software platform, Xene. Powered by advanced AI technology, Xene aims to revolutionize the real estate industry by creating a decentralized marketplace. It brings together various stakeholders such as banks, institutions, home builders, clients, agents, vendors, gig workers, and insurers in a seamlessly integrated AI-driven environment. This platform streamlines property transactions and offers a cost-effective alternative to traditional buyers’ agent models.
Agents who join the Xene platform can benefit from retaining their license, branding, and signs. They can also take advantage of Xene’s Arizona referral fee agreement and a simplified monthly membership structure. This new approach is expected to save time and resources for all parties involved.
While additional details about the partnership will be communicated at relevant milestones, this development represents an exciting opportunity for both SG Devco and MWH to shape the future of the real estate industry.
What is the strategic partnership between Safe and Green Development Corporation and Majestic World Holdings?
The strategic partnership involves Safe and Green Development Corporation investing in Majestic World Holdings in exchange for access to Majestic World Holdings’ software platform, Xene.
What is Xene?
Xene is a software platform powered by advanced AI technology that aims to create a decentralized real estate marketplace. It brings together various stakeholders in the real estate industry, streamlining property transactions and offering a cost-effective alternative to traditional buyers’ agent models.
What are the benefits of joining the Xene platform?
Agents who join the Xene platform can retain their license, branding, and signs. They can also take advantage of Xene’s Arizona referral fee agreement and a simplified monthly membership structure, saving time and resources.