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The epic presale for Metropoly recently crossed the $1 million milestone in fundraising. The presale is now sitting in the final stage of fundraising – presenting your last opportunity to get involved. Yet, there is still a flurry of latecomers of investors looking to get some exposure to the native token behind the world’s first NFT marketplace, backed by real estate properties.
With the presale in its final stage, investors won’t have to wait too long for the marketplace to drop following the conclusion of the fundraising, providing a great reason to invest during these final days.
$1 Million Raised: Metropoly Presale Flies in Final Stages
With just a few days remaining in the presale, Metropoly finally crossed the $1 million milestone today after over 2,300 investors have rushed to be a part of the fundraising. The presale for Metropoly started a little slowly but very recently started to gain some significant momentum after the team announced the date they expect to release the NFT Marketplace.
After the team made the announcement, the presale saw a flurry of latecomers who were previously waiting on the sidelines for a little more information. Nevertheless, those investing in the presale today are investing during the final stage, purchasing the METRO token for a price of $0.0714.
As mentioned, this is the final stage for investors to get invested in the native token, which will be used for transactions and rewards on the platform. The token is an ERC-20 token with a fixed supply of one billion tokens. Prospective investors can purchase the token through the presale dashboard using USDT, ETH, or BNB. However, it’s important to note that there is a $100 minimum investment to participate.
When’s the Metropoly Marketplace Dropping?
The presale saw a surge in fundraising once the team announced the official date for when the platform would be released. After the announcement, investors that were previously waiting for more information quickly rushed to get involved before the presale hit the final stage and prices increased. The team announced that the Metropoly NFT Marketplace would be released on May 1, 2023.
This means that, from that date onward, users of the Metropoly marketplace will finally have the opportunity to invest in real estate through the marketplace, regardless of their current location. In addition, there are no credit checks when investing in real estate on Metropoly, and investors don’t need to contact a bank to acquire a mortgage.
Instead, users simply come to the platform and choose one of the NFTs to buy, which are all backed by real-world real estate. The great thing about the platform is that users will be able to get started on their property journey in a matter of seconds.
Furthermore, investors looking to get started with real estate can do so with as little as $100 through the magic of fractional ownership. All properties on the Metropoly platform are broken down into tiny pieces and then tokenized as NFTs to represent ownership. Therefore, buying one of the NFTs on the marketplace means you’re investing in a fraction of a real estate property – becoming a shared owner with all the other NFT holders in that same property.
Is Passive Income Finally A Reality?
Although investors are fractional owners, NFT holders are all still entitled to the same benefits they would receive if they invested in real estate through the traditional method. For example, all NFT holders can easily sell their NFTs on the marketplace at any time if they want to take advantage of the capital appreciation on the property’s value.
In addition, all NFT holders are entitled to receive their portion of the rental income generated by the property. Rental income is one of the most reliable sources of cash flow, which is why the world’s 1% of the wealthiest individuals use real estate investment to grow their fortunes.
The rental income provides a totally passive income for NFT holders because the Metropoly team has taken it upon themselves to manage all the portfolio properties. This means they will hand-select each property and list it on the Metropoly Marketplace. Then, they will advertise the property to find tenants that will be paying the rental yield. Metropoly will also handle all of the property maintenance associated with the property.
As a result, NFT holders simply need to buy an NFT and hold it in their wallet for the rental yield to be distributed to them each month in the form of stablecoins.
Invest Today Before Final Stage Concludes
As mentioned, this is the final stage in the Metropoly presale, presenting you with your last opportunity to get invested before the Metropoly Marketplace goes live on May 1st, 2023. Once the presale is over, users can claim their tokens from the presale dashboard before being listed on tier-1 exchanges across the industry.
With the current stage of the presale selling the token at a price of $0.0714 and the listing price on tier-1 exchanges expected to be $0.1, there are still opportunities for investors to earn a profit as soon as the presale is over. Regardless, once the NFT marketplace gains traction, the METRO token should see significant growth alongside it.
Overall, Metropoly is changing the dynamics of real estate investment and making it accessible to a much wider audience.
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