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Metropoly Crosses $600,000 In Fundraising. Learn Why This Presale Is Changing Passive Income for Investors

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Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

The Metropoly presale recently crossed the $600,000 milestone as almost 1,800 investors piled into the presale. The presale is selling the METRO token, which will be the main utility token that will power the entire groundbreaking fractional real estate-backed NFT marketplace.

During a time when interest rates are rising, Metropoly is providing access to the real estate market for investors to earn a genuinely passive income. If you want to get in on this action, keep reading.

Metropoly Flies Past $600,000 as Almost 1800 Investors Pile In

The Metropoly presale continues to fly after the project recently crossed the $600,000 milestone. In total, almost 1,800 investors have participated in the Fundraising, all of whom believe the METRO token has a bright future.

The METRO token itself will be the main reward and transaction token for the NFT marketplace, providing it with a plethora of utility. Investors don’t need to be worried about being rugged with METRO because the token has been audited by CertiK – one of the most respected auditing firms in the industry. Furthermore, they’ve also KYC’d the team, so there is no chance they will run off with the funds raised.

Metropoly: Changing the Definition of Passive Income

Metropoly is the world’s first NFT marketplace that is filled with NFTs that are backed by real-world properties across the globe. Owning one of the NFTs provides the holders with the rights of ownership to the property, providing them with a genuinely passive income in the process.

The entire idea of the marketplace is to open up the doors to the real estate investment world through crypto. It lets crypto holders easily diversify their portfolios into real estate in a matter of seconds – with as little as $100 starting capital.

Investors can start their real estate portfolios with as little as $100 because all of the properties on Metropoly are fractionalized. This means the property is split into tiny pieces, which are then individually tokenized into NFTs and sold on the marketplace.

Owning one of the Metropoly NFTs grants the holders everything you would expect from owning real estate as an investment. For example, if the price of the property increases, the NFT holder can take advantage of the capital gains by selling their NFT on the marketplace. Metropoly takes it one step further by removing the problem of illiquidity. They have stated that they will buy any NFT for 70% of its value if a quick sale is required. Alternatively, holders can auction their NFT and receive the highest bid.

The best feature about owning one of the NFTs from Metropoly is they provide a genuinely passive income to holders, paid directly into their wallets every month in the form of a stablecoin. Furthermore, the passive income is generated from one of the world’s most reliable sources of cash flow: rental yield.

That’s right, all of the NFT holders are entitled to receive their share of the rental income on the property, paid by the tenant staying there. The income is totally passive because the Metropoly team will take care of all of the property maintenance and ensure a tenant is there every month paying rent.

Invest from Anywhere in the World – No fees, Paperwork, or Mortgage.

The best thing about Metropoly is that they’re totally democratizing real estate investment. The team wants to open the real estate market and make it accessible to all users worldwide, regardless of their country of origin or credit history.

Users can easily start building their real estate portfolios without the need for banks, paperwork, or hidden fees. The best part is that mortgages aren’t required on Metropoly. With interest rates climbing, fewer people are willing to take out mortgages due to the higher costs involved. Well, users can still invest in real estate without needing to take a loan through Metropoly.

Price Hikes Incoming After Next Fundraising Goal

As mentioned, the Metropoly presale has now crossed the elusive $600,000 milestone and is making its way to the next fundraising goal of $1 million. Once the presale hits the $1 million target, the presale will enter the next phase, and the price for METRO will increase.

Currently, investors can purchase the ERC-20 METRO token for a price of $0.0625 in the presale’s ninth stage. There is a minimum investment amount of $100, and the METRO token can be acquired using USDT, ETH, or BNB.

Furthermore, those that invest in these stages of the presale are automatically enrolled in the Platinum Member’s Club, which provides additional benefits such as a unique Metropoly NFT, access to the Metropoly Beta, and cashback on NFTs bought through the NFT marketplace. There is also a giveaway worth mentioning for a $1 million premium apartment in the Burj Khalifa in Dubai. The team estimates that the winner of this giveaway can earn up to $100,000 annually in rental yield. To participate, users need to complete the marketing tasks on Gleam.

Overall, Metropoly is changing the dynamics behind real estate and opening up the doors of passive income to a new wave of investors.