Groundbreaking Passive Income Platform Crosses $1.1 Million – Learn Why Investors are Getting Excited.
A ground-breaking platform for passive income just reached the $1.1 million fundraising mark as backers grew more enthusiastic about the project’s potential. Investors are scrambling to participate in Metropoly’s presale at the lowest costs before the token is listed on exchanges as it nears its conclusion.
The prospect of purchasing real estate without going via a bank or filling out mountains of paperwork is kept alive thanks to Metropoly’s creation of an innovative real estate NFT marketplace. Also, each NFT holder is entitled to a portion of the rental yield-based passive income generated by the property. Continue reading for more information.
Metropoly Crosses $1.1 Million During Fundraising
As investors scramble to purchase the final METRO tokens available for purchase, the Metropoly presale recently passed the $1.1 million mark. At the eleventh stage of the presale, each METRO token is being sold for $0.0769.
The presale makes use of a rising pricing mechanism, which causes the token’s price to increase with each succeeding stage of the presale. There are still five days left in the presale, so this could be your final opportunity to invest before the price goes up.
The primary transaction and reward token on the network will be the ERC-20 token known as METRO. Users that use the token to buy NFTs on the marketplace will be eligible for cashback, giving the token, which will have a 1 billion token supply, a strong usefulness.
NFT Marketplace Filled With Real-Estate-Backed NFTs
The real estate investment market as we currently know it may completely change as a result of Metropoly. The project has established the first NFT market in the world, where NFTs are traded and backed by actual assets like real estate. The platform’s entire goal is to make real estate investment as accessible as possible to everyone by enabling investors to start their property portfolios in just a few seconds.
Metropoly has eliminated the need for investors to get in touch with a bank to obtain a real estate deal by democratising real estate investment. This is especially helpful in the current environment, where rising interest rates make it more expensive to borrow money through a mortgage. Also, there are no geographical or credit checks on the platform, allowing anyone to invest with as little as $100 from anywhere in the world.
Due to the fractionalization of all the real estate on the NFT marketplace, the initial starting capital required is extremely minimal. The property is divided into smaller pieces and tokenized as NFTs to reflect ownership. Hence, investing in one of these NFTs entails owning a share of property ownership.
You still have the same real estate investing options when you own the NFT. For instance, you may always sell your NFT on the market to benefit from any property’s capital growth.
Does Metropoly Really Provide Passive Income?
the tenant living there. Rental yield is widely considered one of the most stable forms of cash flow, which is why the wealthiest 1% of individuals in the world used real estate investment to grow their fortunes.
The rental income is totally passive because the Metropoly team acts as the property manager for each of the properties in their portfolio. This means that they will handle the maintenance, find tenants, and ensure they’re paying rent each month.
As a result, NFT holders simply need to keep the NFT development company in their wallets to receive the passive income each month, paid directly to their wallets in stablecoins.
Final Days to Invest Before Price Hikes
The best thing about making an investment in the Metropoly presale is that you won’t have to wait long for the NFT marketplace to launch and start paying you. Only a few weeks remain till the end of the full presale, according to the team’s announcement that they plan to launch the marketplace around May 1st, 2023.
For the next five days, the current presale phase will come to a close, giving you one last chance to get METRO at the current price of $0.0769. Before the presale is over, the token’s price will go up again when the eleventh stage is finished.
In conclusion, Metropoly has produced a ground-breaking response to the real estate investment issue, enhancing its usability for users around the world. We may anticipate great gains on this cryptocurrency once the market is open.