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Investors are Moving Away from Propy to Buy Metropoly

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Metropoly NFT marketplace
Metropoly NFT marketplace

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For a long time, the real estate market has been an attractive option for investment. Still, it has become increasingly difficult to enter due to rising housing prices and stagnant income ratios. Currently, the median house price-to-income ratio in the United States is 7.71, higher than the 2008 economic crisis and 4.4 twenty years ago.

As a result, investors struggle to find the security they need for the future. Blockchain technology can disrupt the market and create more equity. As such, there have been several blockchain-based real estate platforms attempting to break open this market for average investors.

One well-known platform is Propy, but those interested in this use case have been moving from this to a new one with more features and capabilities – Metropoly. Here we explain why Metropoly is taking over this niche, including what features it offers and the details of its presale.

Crypto Enthusiasts Want Effective Real Estate Investment Platforms

Real estate has to be democratized; there is no doubt about this. Many projects in the space have made attempts to do this, offering features that make it quicker and cheaper to enter this now-expensive space.

Propy is one of these and it digitizes the real estate investment process and records it on the blockchain. It has been around for years, which is why it is well-known in this niche.

However, in more recent times, investors have been taking to Metropoly because it offers more features and better opportunities in the market. Metropoly is an evolution of all that came before, bringing the lucrative property of fractional investment to the real estate industry. As such, investors have been flocking to the presale of the METRO token, which has been phenomenally successful despite only being live for a short time.

Let’s take a look at why Metropoly is becoming the go-to platform for real estate investment in the crypto space.

Why are Investors Moving to Metropoly?

Investors are moving from a platform like Propy to Metropoly for one simple reason: fractional real estate investment. This dramatically reduces the entry barrier of real estate, as investors can invest in properties for as low as $100. This allows almost anyone to enter this important market and can help revolutionize an archaic industry.

The high cost of real estate is an undeniable fact. In certain countries, basic 2-bedroom homes can fetch prices exceeding $2 million, making them unattainable for most people. However, Metropoly is a platform that offers several features that change this dynamic.

This blockchain-powered real estate platform allows individuals of all ages to invest in the real estate market, providing them with the opportunity to benefit from using real estate as a hedge against inflation and to generate passive income. The platform’s accessibility will enable young people to secure homes for future security, while the elderly can use it as a pension replacement or alternative.

Metropoly’s NFT marketplace stands out from the rest because all of its NFTs are fully backed by real-world properties. Fractional investing is a key feature that makes it accessible to everyone, allowing users to invest as little as $100 in small fractions of a property. To get started, users simply need to connect their wallet, browse through the marketplace’s various properties, such as apartments, penthouses, and villas, and make a purchase.

The platform also offers a beta version that provides users with insight into how the marketplace functions, allowing them to view properties, participate in ongoing auctions, and check out the payouts tab. Please note that the properties listed in the prototype are for illustrative purposes only. Additionally, there is an all-time leaderboard that shows the number of fractions of real estate owned, its performance, and dividends received.

Metropoly is set to showcase properties from various locations worldwide, including high-end apartments and villas, providing investors with a diverse range of options to choose from. As the platform gains momentum, it is likely to attract attention from major property developers globally. Additionally, Metropoly is gaining significant exposure through a highly rewarding contest offering a $1 million premium apartment at the Burj Khalifa as the grand prize.

By winning the contest, the participant will gain access to a premium apartment worth $1 million in the Burj Khalifa and earn up to $100,000 in rental income per year. To participate, individuals must complete various social and marketing challenges, such as joining the Discord or Telegram channel, tweeting about Metropoly, and subscribing to the newsletter, among others.

The Metro Presale is Running Out Quickly

So far, Metropoly’s presale has been incredibly successful, having raised about $500,000 for its METRO token. The token is an ERC-20 utility token with a maximum supply of 1 billion tokens, priced at $0.05 per token. The minimum investment amount is $100, and investors can purchase the token using USDT, ETH, or BNB. Those interested in being early adopters of the ecosystem and reaping the associated benefits will want to invest as soon as possible.

Regarding benefits, investors in the presale are automatically enrolled in the Platinum Member’s Club, which provides various advantages, such as early access to the Metropoly Beta and a Metropoly NFT. The level of benefits increases depending on the amount of investment, with higher tiers offering perks like real estate NFTs valued at $10,000 and cashback on rental income. Additionally, investors who invest earlier in the presale will receive greater bonuses.

The platform’s contract code has been verified by SolidProof and the team identities have been verified by CertiK.

Metroply is Becoming the Go-to Real Estate Platform

The value that Metropoly offers is undeniable. It is delivering a much-need solution to the real estate investment problem. Both young and old investors can benefit from it and the fractional real estate investment solution is something that will make existing real estate companies think twice about their legacy systems.

The democratization of real estate may be what the crypto market needs to spur the reengagement of the broader public in crypto. These kinds of helpful use cases are precisely what the market needs to create more trust.

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