Bridging the gap between construction and crypto

Lib Work Co., a Japan-based 3D-printed housing firm, is making waves by integrating blockchain technology into its operations. The company recently announced its decision to purchase Bitcoin for its corporate treasury, a move that follows the launch of an NFT-backed initiative for storing and protecting house designs.

Investing in Bitcoin as a hedge against inflation

In a statement released after a board meeting, Lib Work revealed its plans to acquire 500 million Japanese yen ($3.3 million) worth of Bitcoin. This strategic investment is intended as a hedge against inflationary trends in Japan and the risks associated with holding assets solely in cash.

According to the company, this is a phased approach in response to those risks, and to prepare for future growth areas with overseas operators

Lib Work plans to execute these Bitcoin purchases through crypto exchanges, starting in September and continuing until December. The company is also implementing a risk management system to oversee its crypto investments.

Tokenizing house designs with NFTs: a new era for intellectual property

Prior to its Bitcoin investment, Lib Work launched an innovative initiative that utilizes non-fungible tokens (NFTs) to store and protect its 3D-printed house designs.

On July 25, Lib Work announced that one of its house designs, the Lib Earth House Model B, had been issued as an NFT. The company aims to protect its intellectual property and provide an ownership certificate linked to the physical home.

The NFT stores the house’s ID, history, and ownership information on the blockchain. This ensures that buyers hold exclusive design rights and prevents unauthorized blueprint plagiarism.

Lib Work emphasizes the importance of protecting design files and managing licenses, particularly in the context of 3D-printed houses that are based on digital designs.

According to Lib Work, “Currently, blockchain technology and NFTs are expanding beyond the art and music industries into real estate and intellectual property sectors.”

Addressing challenges in the construction industry

Lib Work believes that 3D printing construction methods and asset digitalization can help address these challenges by reducing labor, time, and costs. Additionally, these technologies can “create new international housing markets for the metaverse and Web3 era.”

By creating NFTs for 3D-printed houses, Lib Work aims to establish new housing distribution mechanisms for investors and users worldwide, promoting international brand value and expansion into new markets.

About Lib Work Co.

Founded on August 1, 1997, Lib Work Co. initially operated under a different name. In April 2018, the firm rebranded and shifted its focus to building 3D-printed homes. The company primarily sells detached houses and real estate through online platforms and virtual reality experiences.

A Vision for the Future of Housing

Lib Work’s adoption of Bitcoin and NFTs represents a bold step toward integrating cutting-edge technology into the real estate and construction industries. By embracing blockchain technology, the company aims to address key challenges, protect its intellectual property, and create new opportunities for growth and innovation. This move signals a potential shift in how homes are designed, built, and distributed in the future