Start Investing
See More Hide
A lifetime opportunity to own a Sofitel hotel in Maldives
SO/ Maldives hotel
S Hotels and Resorts PLC (SHR) welcomes retail investors to fund SO/ project in Maldives. The resort, agreed to be managed by Accor, will showcase a selection of 80 spectacular luxury villas, including beachfront and over-water options.
See More Hide
Rising tourist destination
SO/ Maldives hotel
Maldives has been and continues to be one of the most popular destinations for global tourists. Over the past ten years, international visitors have increased at a steady rate of 10% per year, with a record high 1.7 million visitors in 2019. Maldives expects to welcome even more tourists post-COVID and presents a promising future for hotels and hospitality industry.
See More Hide
Experience the best of Maldives
SO/ Maldives hotel
SO/ Maldives will be located on CROSSROADS, alongside two other successful SHR managed projects, SAii Lagoon Maldives and Hard Rock Hotel Maldives. CROSSROADS was recognized by the Asia Pacific Property Awards 2021-2022 as Maldives' best and largest integrated recreational and lifestyle destination.
See More Hide
Closer to the local spirits
SO/ Maldives hotel
Nestled on its own exclusive island overlooking the azure Emboodhoo Lagoon, SO/Maldives is one of few hotels that doesn’t require lengthy trips to airport or water activities.

Investor Benefits

Backed by real-world assets Backed by real-world
assets
10% annual yield coupon 10% annual yield
coupon
Opportunity for over 2x return Opportunity for over
2x return
Flexible investment Flexible
investment
More Information

Public sales starts

8th February 2022

Day
Hour
Min
Sec
:
:
:
Offer is ended

Total Raised

48,000,000.00 USD

Add to your calendar

Need investment support?

Investor benefits

Backed by real-world assets

SO/ Maldives is tokenized by Velo Virtual Assets and its proprietary rights are represented by VVI1 tokens.

Backed by real-world assets with true value, price of VVI1 token will remain at relatively stable at USD 0.1 per token.

10% annual yield coupon

The calculation of annual yield will be based on numbers of staking days until payout date. The coupon will be paid in USDT.

Opportunity for over 2x growth

SO/ Maldives was appraised to value US$82M on “as if complete” basis. The value is about 2x the investment amount being raised.

Upside from auction between year 3 and year 4 will be shared with the investors.

If the auction does not provide an upside to the investors, then the deal sponsor will also buyback the asset and repay the original investment of the token holders with the 4th year coupon.

Flexible investment

VVI1 token is always swappable on exchange. This ensures investors’ flexibility in converting SO/Maldives share to stable coin and fiat at their convenience..

* Subject to terms and conditions as set out in the white paper and any token sale documentation

Free NFT air drops*

• All VVI1 token purchasers will be eligible to receive two sets of NFTs

• Both NFTs can be sold and auctioned in the secondary market

NFT#1

has 3 separate campaigns for winners:

  1. Top spender
  2. Lottery
  3. Top 10 advocates (Referral)
NFT#2

Unique art token created by an established artist in partnership with SO/ Maldives To be airdropped in 2023 to all NFT#1 holders Additional details to be be provided