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    Metropoly presale continues to attract investors, funds raised cross $800k

    Synopsis

    An NFT project called Metropoly seeks to use technology to overcome challenges facing the real estate sector. This article looks into how Metropoly works and the benefits it can offer users, like the chance to make passive money.

    Metropoly for Economic Times 1 (1)Spotlight Wire
    The crypto community often highlights the elimination of intermediaries, associated expenses and delays as a way to disrupt different industries. Real estate, being one of the oldest and most complicated industries with its bureaucratic procedures and paperwork, is frequently mentioned as an ideal sector for transformation.

    Metropoly, an NFT project, aims to tackle the obstacles of the real estate industry by utilising digital technology. This article examines the operations of Metropoly and the potential advantages for users, such as opportunities for generating passive income.

    The real estate market needs change
    The global real estate market had a value of $6.8 trillion in 2021, experiencing a compounded annual growth rate (CAGR) of 1.9%. This growth trend is expected to continue, making the industry an attractive investment opportunity. In the US, the market was valued at $3.69 trillion in 2021, and it is projected to expand at a CAGR of 5.2% from 2022 to 2030.

    Presently, the house-to-income ratio in the US stands at 7.71, surpassing the ratios observed during the 2008 housing bubble and the pre-2000 ratio of approximately 4.4. To avoid pricing out significant segments of the population from the housing market, this trend needs to be reversed.

    In the past few decades, real estate investment has remained attractive, but numerous challenges have emerged. One significant challenge is the increasing financial and bureaucratic hurdles to entry, which make it challenging for individual investors to enjoy the advantages of real estate ownership, such as security and opportunities for passive income.

    Undoubtedly, the real estate market needs transformation, and blockchain technology has the potential to eliminate the entry barriers that have impeded progress. Blockchain is among the most discussed cryptocurrency applications, and Metropoly is at the forefront of this revolution.

    Metropoly has all sorts of properties
    Metropoly for Economic Times 2 (1)Spotlight Wire
    Metropoly is an innovative project that has the potential to revolutionise the real estate market. It is the world's first-ever NFT marketplace for real estate, with physical properties as its sole backing, giving users a chance to invest in real estate using NFTs. These NFTs are linked to real properties, enabling individuals to invest in real estate opportunities irrespective of their credit score or location.

    The primary objective is to enable fractional real estate investment, allowing investors to acquire a fraction of ownership in a property and purchase properties at a much lower cost, starting from just $100. With Metropoly, investors can envision owning a share of a high-end property in a prime location and earning rental income.

    Metropoly offers a significant advantage over traditional real estate procedures, which may take several months to complete. With Metropoly, these processes can be completed within seconds, allowing anyone to participate in the real estate market and safeguard themselves against inflation, irrespective of their location.

    Furthermore, the project has introduced a $1 million giveaway, providing an opportunity for the winner to own a luxurious apartment located in the famous Burj Khalifa. The winner has the potential to earn up to $100,000 per year in rental income from the property. The competition features ten entry methods, primarily focused on promoting Metropoly, such as joining the Telegram channel, sharing the project on Twitter, and referring friends.

    Metropoly has also launched the beta version of its platform, which enables users to explore the various properties available for investment. The platform features tabs for auctions, mortgages, and payouts. The existence of a fully operational product is a promising indication of the project's potential success, making it worthwhile for cryptocurrency enthusiasts to consider participating in the presale. However, it is important to note that the properties presented in the prototype are for demonstration purposes only.

    METRO presale has already managed to raise over $800K
    The METRO token is the exclusive currency utilised on the Metropoly platform, and it is an ERC-20 token with a fixed supply of one billion tokens. It functions as a utility token for transactions and incentives on the platform. The present Metropoly (METRO) presale is in progress, and interested investors can acquire the token using USDT, ETH, or BNB. One METRO token is currently valued at $0.0625.

    Metropoly has already raised over $810,000 in its presale and has created significant buzz on social media as well as the cryptocurrency community. These factors signify that the project is gaining momentum in the industry.

    By participating in the presale, investors become members of the Platinum Member's Club, which offers several benefits that increase with the amount invested. The first level provides perks, such as early access to the Metropoly Beta and a Metropoly NFT, while the higher levels offer real estate NFTs valued at $10,000 and cashback on rental income. Additionally, the earlier an investor joins the presale, the greater the incentives they will receive.

    The launch date of the project has also been set, and it’s not far away. The platform will launch on May 1, 2023.

    Real estate will never be the same
    Real estate has proven to be a reliable way for individuals to safeguard their assets, providing both a physical dwelling and a tangible asset with intrinsic value. Amidst the current economic volatility, owning a property can offer crucial reassurance, serving as either a primary residence or a source of rental income.

    The emergence of NFTs in the real estate industry holds immense potential for revolutionising transactional processes, benefiting all involved parties. Metropoly is a prime example of this new model, enabling real estate investment for people from diverse backgrounds. With its innovative approach, the platform is poised to become a significant player in the cryptocurrency market.
    Check out the Metropoly presale

    Disclaimer: The above content is non-editorial, and Economic Times hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.


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