Metropoly Presale Blasts Past $900K: One Day to Go Until Stage-10
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The presale of Metropoly, the world’s first NFT marketplace backed by real-world properties, has been one of the most-celebrated crypto events in the last few weeks. With huge participation from both crypto and real estate communities, the presale is closing in on the $1M milestone. Now selling at $0.0625 per piece, it will move to the 10th stage on Tuesday, March 21, 2023, with a small price increase.
Metropoly’s vision is to empower anyone to invest in real estate using blockchain fractionalization. According to industry experts, that puts METRO on the path to becoming the next big crypto of 2023.
Here is a review of Metropoly and how it justifies the meteoric METRO presale.
Bridging Web 3.0 & Global Real Estate
If you’re an investor, you wouldn’t find it surprising that the global real estate market is inaccessible. Not just for you. But also most people. They work hard all their life to get a roof over their head. So, buying a real estate property for value accrual and passive income is beyond the question. Despite holding on to its status as one of the most lucrative and reliable investments for centuries, real estate remains confined to the wealthy.
But maybe not for long. Projects like Metropoly believe that blockchain technology has the potential to decentralize and democratize the real estate market. Metropoly’s key value proposition is to allow anyone to invest in a high-yield property for as low as $100. Like a ‘REAL’ real estate property, it will earn you monthly rent and accrue long-term value. That said, it is better than a traditional real estate investment in every sense. To begin with, you can sell it on the Metropoly marketplace any time you want to. Metropoly is easy, fast, and liquid.
So, how does it work?
Blockchain fractionalization sounds intimidating. It could be, for developers. They’re doing all the backend work. As potential users and investors, we just need to get a gist of how it works in plain English. Here it is.
- You can discover a wide range of real estate NFTs backed by real-world properties from across the globe on the Metropoly dashboard. This is made possible by the Metropoly team, who hand-picks high-yield real estate properties based on their years of industry expertise. They also take care of hassles like property maintenance and finding tenants. In essence, Metropoly NFTs are passive investments.
- All important data regarding the real-world property, including its ownership, are then added to the blockchain. It exists on the blockchain as an NFT (non-fungible asset) now.
- The NFT is then divided into fractional NFTs to enable retail purchase. So, a $1M property can be purchased by 10,000 people for $100.
- They are then listed on the Metropoly marketplace, where you can trade them in a few clicks with fellow real estate investors just like you.
With Metropoly, you are investing in a real estate property indirectly via NFTs. That essentially means you are relieved of a series of hassles that come with traditional investments like bank dealings, paperwork, and hidden fees. Metropoly is an easy gateway to income-generating properties.
Metropoly NFTs are regarded as evergreen investments in the crypto market, just like their traditional counterparts. They will be a great hedge against inflation in the turbulent crypto market. Moreover, you can diversify your real estate portfolio with a wide range of properties, since the NFTs come at low prices.
Buy and Sell Real Estate NFTs on our 24/7 active Metropoly marketplace. 🏪
— METROPOLY (@metropoly_io) March 19, 2023
Auction a Real Estate NFT and get the best possible offer for your property. 👩⚖️
Trade NFTs with ease — similar to trading shares in a stock. 🤑
Beta version out now 👉 https://t.co/HPcCrqE6GL pic.twitter.com/ODMmMv2WiJ
Metropoly taps into the evergreen allure of real estate
Metropoly is not just another crypto or NFT project. It implements tangible use cases that push the frontiers of the crypto market. The fast-moving presale hints at the high market relevance and growth potential of the project.
Given that the token has a total supply of 1B and its exchange listing price is $0.1, METRO can bag up to 10X returns for early investors in the second half of 2023. With the beta dashboard already live and multiple development milestones ahead, the year looks bright for METRO.
How to invest in Metropoly
The key Metropoly investments are METRO tokens (the native cryptocurrency) and Metropoly NFTs. While both have yet to go live, the presale of METRO tokens has begun. You can now grab METRO tokens for heavily discounted prices before its exchange listings, scheduled to begin on May 1, 2023.
You will need a crypto wallet (preferably Metamask and Trust Wallet) to participate in the presale. It supports purchases in ETH, BNB, and USDT. The minimum purchase is $100 worth of METRO. In addition, make sure you have enough funds to cover the gas fees.
Now, head to the presale page, fill in your purchase details, and confirm the transaction. You are good to go. METRO token claim will go live soon after the presale ends.
It is important to note that the presale purchase grants you entry to Metropoly’s $1M Burj Khalifa giveaway. But you need to complete the simple tasks listed under the Gleam contest to secure your eligibility. The lucky winner gets up to $100k annually in rent proceeds, so it is an opportunity to not miss out on!
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