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- Metropoly launches the world’s first NFT marketplace backed by real estate.
- The beta version of their dashboard is already live.
Presale values for the world’s first real estate-backed NFT marketplace Metrolpoly have crossed the milestone of $1.1 million. Recently the interest in the real estate-backed NFT marketplace has increased noticeably, which is why the project saw huge traffic from the real estate and crypto-related community.
The eleventh stage of the presale is live, with METRO tokens selling for $0.0769 per piece. Presale already has around 2758 investors, and its launch can be expected on May 1, 2023.
Will METRO Deliver its Promises?
The presale number for Metropoly’s meteoric and community growth caused many to believe that it could be the next big thing for the crypto industry in 2023. The noticeable growth in the presale values is proof of the project’s potential. Industry experts believe that METRA may grow to a market cap of $1 billion within one month of going live.
The investors would be rewarded generously, as the visionary value propositions are extensively backed by their strong action plan for handling the predictions.
More on the NFT Market Place- METRO
Technically, this is the first of its kind, an NFT marketplace backed by some real-world properties. Metropoly wishes to delegate the power to everyone, whatever their financial background or credit scores; anyone with a minimum of $100 can invest in this high-yielding property.
The project is enabled by blockchain tokenization and fractionalization of real estate assets. Due to this feature, added transparency is invited along with decentralization capabilities into the market, despite any compromises on the returns. For instance, with Metropoly NFTs, an investor can earn monthly rent, similar to a real-world scenario. Moreover, the added benefit can be gained if the property value rises.
What Differentiates This From the Real World?
These real estate NFTs from Metropoly have additional advantages from their real-world counterpart, which they could not garner despite digitization and centuries into existence. For instance, these NFTs are highly liquid and can be bought or sold quickly and easily. But imagine doing this in the real world and try selling or buy a property; it would take weeks, if not months or years, to settle the deal.
Highlights of Metropoly
The marketplace offers a wide range of properties worldwide. Using the required filter, one can find a suitable property. Imagine owning a beach villa, a penthouse or a luxury apartment– everything can be easily assessed and seamlessly.
The properties are handpicked by a multidisciplinary team at Metropoly, having years of experience and expertise in the field.
The Investment starts at $100, provided Metropoly aims to offer feasibility and accessibility. Being on blockchain and sold as NFTs, the value of these properties remains uncompromised. Tracking the ownership of real-world properties is a big issue– NFTs, thus, solve this puzzle with its basic mechanism.
Metropoly NFTs are passive investments. Investors with this do not need to deal with banks and paperwork or pay huge amounts to the broker. All of this gets taken care of by the Metropoly team. The investor becomes eligible to earn the monthly rent, as smart contracts distribute the amount in a fair and pre-agreed manner.
Beta Version of Metropoly Dashboard is Already Live
One-of-its-kind Metropoly NFT marketplace has been under development for a year. The beta version of the dashboard is already live, even before its token launch. This version launch is proof of the fast-moving pace of product development.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
