{"id":380189,"date":"2023-03-14T11:07:57","date_gmt":"2023-03-14T11:07:57","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=380189"},"modified":"2023-03-14T11:07:57","modified_gmt":"2023-03-14T11:07:57","slug":"metropoly-presale-at-820k-crypto-whales-are-scooping-up-metro-in-anticipation-of-steep-price-hikes","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/metropoly-presale-at-820k-crypto-whales-are-scooping-up-metro-in-anticipation-of-steep-price-hikes","title":{"rendered":"Metropoly Presale at $820K: Crypto Whales Are Scooping Up METRO in Anticipation of Steep Price Hikes"},"content":{"rendered":"

Metropoly<\/a> presale has flown past its minimum goal of $750,000 to touch $822,138 at the time of this writing. The widespread support from crypto whales has expedited the presale and is predicted to bring it to an early sell-out.<\/p>\n

Now in the ninth stage, METRO is priced at $0.0625 per piece. The presale undergoes a gradual price hike with each stage. The ninth stage will end on March 21, 2023, at 4 PM UTC, and the METRO token launch is scheduled for May 1, 2023.<\/p>\n

To facilitate a smooth buying experience for the growing number of participants, the Metropoly presale page has added five more languages \u2013 Dutch, Korean, Turkish, Russian, and Norwegian.<\/p>\n

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Why are whales after Metropoly?<\/h2>\n

Metropoly is running a $1M Burj Khalifa Giveaway that you can enter with just $100 worth of METRO tokens. That is a compelling reason to participate in the ongoing METRO presale. But that doesn\u2019t explain why whales are stocking up on the token in bulk and what they see in the project.<\/p>\n

Behind all the glamor and glitter, Metropoly is the world’s first NFT marketplace backed by real-world properties. In other words, Metropoly decentralizes and democratizes the global real estate market using blockchain technology and NFTs. And that speaks volumes about the token\u2019s growth potential.<\/p>\n

The pioneering platform allows you to invest in a high-yield real estate property for as low as $100. It adds real-world real estate assets to the blockchain as NFTs and then divides them into fractional NFTs to allow retail purchases. That essentially means that you can invest in multiple real estate properties with your monthly savings using Metropoly NFTs.<\/p>\n

\"Metropoly\"<\/p>\n

Let\u2019s understand it better with an example. A luxury villa in your tourist town costs $1M. You and 9999 other people in the town want to invest in the property, but can\u2019t afford to. Although it is theoretically possible for each of you to pool in $100 and buy the property, it is practically difficult. There is a lot of paperwork and legal complexities involved. Of course, one person could own the property legally and distribute the monthly income and the resale proceeds to others. But let\u2019s face it. There is none we can trust with a $1M property. To add to that, there are the hassles of profit sharing.<\/p>\n

As a result, real estate properties are confined to the rich now. That wouldn\u2019t be the case in the future, however. Blockchain technology provides an excellent solution to navigate the problem.<\/p>\n

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With Metropoly we are building the first NFT marketplace to invest in income-generating properties. ?<\/p>\n

\u2705 No Paperwork
\n\u2705 No Mortgage Lender
\n\u2705 Property Management Done For You
\n\u2705 Earn Monthly Passive Income
\n\u2705 Take Advantage of Capital Appreciation<\/p>\n

? https:\/\/t.co\/HPcCrqE6GL<\/a> pic.twitter.com\/oEEAcafngH<\/a><\/p>\n

\u2014 METROPOLY – PRE-SALE IS LIVE! ? (@metropoly_io) March 11, 2023<\/a><\/p><\/blockquote>\n

Metropoly makes real estate accessible<\/h2>\n

At the heart of Metropoly is the mission to simplify the process of buying and selling real estate. Since the assets are converted into fractional NFTs, you don\u2019t have to deal with banks, paperwork, or hidden fees in this case. This is a huge relief when compared to traditional real estate trading, which can take up to months to complete. Metropoly gives you an easy way to invest fractionally in income-generating properties.<\/p>\n

Here is a closer look at the platform and how it works:<\/p>\n