For crypto investors searching for the next big thing, here is another top project to watch now. Dreamcars (DCARS) is developing a passive income model that transforms luxury cars into fractional NFTs. Here is a closer look at why the project is creating buzz.
From Dreams to Reality: Luxury Cars for Everyone
Dreamcars ($DCARS) uses blockchain to turn luxury vehicles into fractional NFTs. It then makes them accessible to investors on a wide range of budgets.
Here’s how it works:
- Acquisition: Dreamcars secures high-end luxury car models from popular brands.
- Tokenization: These cars are converted into fractional NFTs. Ownership details, maintenance records, and insurance data are transparently stored on the blockchain.
- Investments: Investors can buy and sell affordable NFT shares of these high-end vehicles from the native NFT marketplace in a few clicks.
- Passive income: The NFTs generate passive income for holders.
The NFT market has long been saturated with hollow tokens that have neither artistic quality nor tangible utility. They take attention away from the real power of NFTs. Backed by blockchain technology, non-fungible assets can bring more transparency and flexibility to asset ownership across industries.
Moreover, Dreamcars bridges the digital and physical worlds. Real-world luxury cars are the backbone of its ecosystem.
Rental Income Minus the Hassle
Owning a physical luxury car comes with more responsibilities than thrills––depreciation, maintenance, insurance, and lengthy sales processes to mention a few. From an investor’s point of view, they’re a headache.
But buying, selling, and holding a Dreamcars NFT is easy. It is a source of passive income. How is the income generated? Through rentals.
“Each car is divided into shares and turned into an NFT, which securely stores important details like the car’s serial number, ownership info, and purchase agreement. All cars are fully covered by third-party insurance companies and kept in Dreamcars showrooms in Dubai, Miami or Marbella. Our team rents them out daily, weekly, or monthly. Rental earnings are paid to car owners in USDT on the 1st of each month,” notes the website.
Dreamcars manages everything behind the scenes, while NFT investors build a profitable collection of fractional luxury car NFTs.
The Tiered Reward Structure
The luxury cars are rented out through exclusive showrooms, generating a steady income. NFT holders earn a share of this rental income in $DCARS tokens, the platform’s native cryptocurrency.
- Entry-Level Cars: Earn up to 20% APY with 2% of $DCARS tokens locked.
- Premium Cars: Earn 20%-30% APY with 5% of $DCARS tokens locked.
- Top Performers: Earn 30%+ APY with 7% of $DCARS tokens locked.
The first car to hit the fleet is a gorgeous black Lamborghini Urus. Being tied to luxury cars through utility, $DCARS is expected to generate value as the fleet expands.
Investors can diversify their portfolio across multiple luxury vehicles instead of putting all their money into one asset. The Dreamcars marketplace simplifies trading. With the Dreamcars lending protocol, NFT holders can take collateral loans instead of selling their NFTs.
Dreamcars investors are eligible for heavy discounts on luxury car rentals. But that’s not all. The project launches bonus programs and weekly giveaways during the presale. They will be a great opportunity to earn extra $DCARS tokens.
The $DCARS Token Presale: The Cheapest Ticket to the Dreamcars Ecosystem
The $DCARS token offers early investors a discounted entry into the unique NFT ecosystem through a public presale. It is currently live and comes at attractive prices. The presale prices are fixed, but they undergo a slight increase in each new stage. Early investors benefit from the highest discounts.
As a project that anchors its value in a real-world application and offers a unique passive income opportunity, $DCARS has high market relevance. The investment model is rooted in sustainability rather than hype. That’s what makes it a top crypto to watch this season, as the market prepares for another electrifying bull rally.
The ongoing presale opens the door for investors of all budgets. At the time of this writing, the presale was priced at just $0.011. According to the website, the listing price is $0.03.
Investors have a short window to enter the project at the ground level. Stay updated about the presale and the project development by following Dreamcars on Twitter and Telegram.
