Metropoly Setting Sights for Launch As Final Stage of Presale Commences
The Metropoly has raised over $1,000,000 and is nearing the end of its presale, which will last a few days. The last stage of the presale will take place 10 days before the product launches on May 1, 2023. This stage will last for ten days.
The first NFT market in the world has been established by Metropoly, and it is made up of NFTs that are supported by actual real estate assets. Investors in the METRO token are getting quite enthusiastic about where Metropoly could go after the formal launch because all of the NFTs on the network create passive revenue for holders.
Metropoly Final Presale Stage Underway
The tenth and final stage of the Metropoly has begun, and the ninth stage has officially ended. The price of the METRO token has now climbed from $0.0625 to $0.0714 with the eleventh stage in operation.
For those who are curious, the Metropoly team has declared that the METRO token will be listed on tier-1 exchanges throughout the sector at a price of $0.1, therefore this still presents a good chance. As a result, individuals who invest now have a good chance of making money off the presale. More crucial, though, is that investors won’t have to wait long for the Metropoly product to launch since that date is set for May 1.
Additionally, the prize giveaway sweepstakes for the opulent Burj Khalifa penthouse is still open. Anybody who spends at least $100 during the METRO presale and completes the required giveaway chores, which include following Metropoly on social media, is qualified to enter the competition.
Making Real Estate Investment More Accessible
Investors are hurrying to the presale’s conclusion because they think the NFT marketplace, which is supported by real estate, has a promising future in the bitcoin industry. By lowering the complicated entry barriers to investing, the Metropoly Marketplace’s entire goal is to increase real estate’s accessibility to the typical investor.
The goal of Metropoly is to democratise real estate and allow a larger audience to invest in the asset class that the world’s richest 1% of people utilised to increase their wealth. With just a few clicks, the website enables investors to visit the market and launch their real estate portfolios.
Most notably, investors do not need to consult banks in order to obtain a mortgage in order to invest in real estate. This is especially advantageous because interest rates are currently extremely high, making mortgage costs exorbitant. On Metropoly, there are neither hidden costs nor reams of paperwork to fill out. Instead, to instantaneously invest in real estate on the platform, investors need only buy an NFT.
Metropoly Has It All: Passive Income, Fractional Ownership, Capital Appreciation
The Metropoly Marketplace’s biggest feature for making real estate investment accessible to everyone is the possibility of starting with just $100. This is made possible by the fact that all of the Metropoly properties in the portfolio have been tokenized, allowing for fractional ownership, and have been divided up into tiny bits. Due to the platform’s lack of geographic constraints, an investor can pay as little as $300 to purchase a penthouse in Dubai, a townhouse in Paris, or a luxury flat in London.
The same rights that come with real estate investment are also granted to owners of Metropoly NFTs. Additionally, since the investor owns the NFT, they are free to profit from any capital gains by putting their NFT up for sale on the market whenever they see fit.
Also, the rental yield from real estate investments brings in money for the investors. By locating tenants and ensuring that they make monthly payments, Metropoly manages all aspects of property maintenance, turning this cash flow into passive revenue. The only thing NFT holders have to do is wait for their monthly stablecoin distribution, which represents their portion of the rental yield.
Metropoly will launch a mortgage lending platform in addition to real estate investing, enabling real estate investors to borrow money against their NFTs.
Product Set for Launch April 1st
As previously stated, the tenth stage of the presale will only last for ten days (there are only two days left), offering the METRO token for $0.0714. METRO will serve as the engine that propels the platform’s whole ecosystem and be used as a reward and transaction token.
Following the conclusion of its presale, Metropoly has said that the official edition of its marketplace is ready to debut. The date is currently set for May 1st, however the team has said that this is subject to how negotiations with tier-1 exchanges turn out.