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The elimination of intermediaries and their associated fees and delays is a frequent point emphasized by lobbyists and members of the crypto community, as they recognize the potential for the crypto industry to disrupt various sectors. Real estate, which has been around for centuries and is burdened by bureaucratic procedures and paperwork that discourage potential investors, is one of the most discussed industries that could benefit from this disruption. Basic paperwork alone can take several months to complete.
To address these issues, Metropoly is an NFT project that aims to revolutionize the real estate industry and bring it up to speed with the digital age. In this article, we will explore how Metropoly works, how its users can benefit from its platform, and how it is reshaping the real estate industry.
Real Estate Prices Continue to Be Unaffordable for Most
The worldwide real estate market was valued at $6.8 trillion in 2021, with an annual growth rate of 1.9%. This upward trend is forecasted to persist, making the market an appealing investment opportunity. The real estate market in the United States was assessed at $3.69 trillion in 2021 and is projected to undergo a CAGR of 5.2% from 2022-2030.
The United States is grappling with a significant problem, namely the house-to-income ratio, which has surged to 7.71 – surpassing the rate during the 2008 housing bubble. Prior to 2000, the ratio was roughly 4.4. This demonstrates the pressing need for reform in the real estate sector, as failing to address this issue risks leaving a sizable portion of the population unable to participate in the market, with potentially dire consequences.
Although the real estate market has expanded, entry barriers have become progressively more challenging over the last few decades. Both financial and bureaucratic hurdles have made it arduous for ordinary individual investors to enter and reap the rewards of real estate ownership, such as security and passive income.
The Metropoly NFT Marketplace Brings So Many Benefits
Metropoly is a revolutionary project that aims to transform the real estate market. It’s the first NFT marketplace for real estate that’s entirely supported by properties. By utilizing Metropoly, individuals can invest in real estate properties using NFTs that are linked to physical properties in the real world. This investment opportunity is not dependent on the user’s location or credit score.
Additionally, NFT holders gain all the advantages of real estate ownership, such as passive income from property rentals and long-term appreciation. The platform enables users to complete in seconds what would typically take months, making it remarkably convenient for anyone, anywhere to participate in the real estate market and safeguard themselves against inflation.
Metropoly project has initiated a giveaway worth $1 million, in which the fortunate victor will be awarded access to a lavish apartment situated in Burj Khalifa, with the potential to generate up to $100,000 annually in rental income. To participate in the competition, individuals can choose from ten distinct methods, such as promoting Metropoly on social media and referring friends.
Furthermore, Metropoly has launched a beta version of its platform, allowing users to view the available properties. The platform includes sections for auctions, mortgages, and payouts, providing users with an all-inclusive experience. The prototype presents different properties for the sole purpose of illustration, and the actual properties on the platform may differ.
The Metropoly project’s launch of a functional product highlights its potential, rendering it a promising prospect for cryptocurrency enthusiasts. Individuals keen on the project can investigate its presale phase to acquire additional insights into the services it offers.
The Metro Presale Continues to Have Excellent Participation
The METRO token, an ERC-20 token, is the driving force behind the entire Metropoly ecosystem, and its supply is limited to 1 billion tokens. This utility token is used for payments and rewards, ensuring a hassle-free experience for users.
Currently, interested individuals can purchase the Metropoly (METRO) token during its ongoing presale using USDT, ETH, or BNB. Each token costs $0.0625 at the present stage. As there is limited time available for investment, early investment is recommended.
Investors who participate in the Metropoly presale will be granted Platinum Member’s Club membership automatically. Members can avail of various advantages, including early access to the Metropoly Beta and a Metropoly NFT, with benefits increasing depending on the amount of investment. The top tiers provide real estate NFTs worth $10,000 and cashback on rental income. Moreover, individuals who invest early receive more substantial incentives, emphasizing the need for prompt action.
The Metropoly Presale is worth checking out
Real estate continues to be a reliable option for individuals to preserve their capital, as it not only provides a home but also serves as an asset with tangible value. Properties can provide a sense of security, whether as a place of residence or as a source of rental income, which is particularly important in today’s uncertain economy.
The introduction of NFTs into the real estate industry is set to bring about a significant change in how transactions are conducted, benefiting all parties involved. Metropoly serves as an excellent example of this model executed correctly, providing individuals from diverse backgrounds with an accessible way to invest in real estate. The platform is positioning itself to become one of the most significant players in the crypto market.
Check Out the Metropoly Presale
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