Crypto could be seeing some new property tycoons on the scene soon. As the Metropoly ($METRO) presale explodes amid the hype around real world assets (RWAs).
In a sensational funding round kick off. Metropoly has raised $500k in just weeks. With thousands of investors racing to claim their stake in the future of crypto real estate - the presale fundraising goal has been smashed.
But things are far from over, as the presale remains open in stage 8 - allowing a final wave of investors to get in early.
Metropoly is reigniting interest in blockchain-based real estate assets. With an ambitious plan to create a fully decentralised real estate marketplace.
The goal is simple: a platform that enables real estate to be tokenised into a digital marketplace.
This enables users to buy even fractional shares in properties around the world. Owned through the power of NFT technology.
By reducing barriers to entry its hoped that Metropoly will be able to democratise real estate investing.
Indeed, if someone presently wants to get involved in the real estate game - they will face endless barriers. Battles with banks to secure financing, hidden agent fees, and geographical constraints on their options.
Metropoly removes all of that. Reducing the average buy time for real estate from 60 days to 20 seconds.
It also helps to remove the capital barrier to entry, with a small investment need of $100 instead of a 15% deposit.
What's more? By tokenising real estate you create a highly liquid digital asset that can be traded 24/7 through exchanges or P2P instantly. And it is all backed up by the real world assets the token represents immutably on the blockchain.
Interest in real world assets is surging as crypto moves towards digital assets that have
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