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No one can deny the sheer level of vanity that comes with a luxury vehicle. The feeling of rush, combined with the ambiance of royalty, cannot be understated. However, things take a different turn when it comes to the cost of these vehicles. Even the lowest model of Lamborghini – the 2023 Urus S – is worth $221,000. This price tag is enough to make anyone step back.
So, what’s the solution?
Dreamcars has come up with a simple proposition. If one cannot own the entire vehicle, own a part of it while yielding passive income from luxury vehicle rentals.
Dreamcars – Own a Luxury Vehicle for Just $10
When someone hears that luxury car ownership is possible by spending as little as $10, the entire ecosystem might seem like a scam. However, that is not what Dreamcars is about. By tapping into innovative blockchain technology, this crypto project has created a solution that benefits all.
Each car’s ownership is first digitized, given a place on the virtual plane. That digital share is then tokenized, giving it a place on the blockchain plane. And each token is then fractionalized, making it accessible to anyone who can spend at least $10.
“The process seems to be too simple,” some might say. And they would be correct. But Dreamcars’ true beauty is simplicity, which is why the presale of its native crypto, DCARS, has been a success.
The Working of Dreamcars Covered in 7 Steps
Here are the seven steps covering how Dreamcars works:
- First, Dreamcars introduces a new car after conducting thorough research, focusing on the demand and popularity of the said car. Once the car is researched, the team starts working on negotiating a deal agreement with the suppliers.
- Information about the car is then posted on the Dreamcars app while the deal is being negotiated. At the same time, a finite number of shares for the said cars are created.
- Users can then buy DCARS by swapping their BNB tokens. DCARS are then used to buy the car shares.
- After all the shares are sold, Dreamcars will use the accrual funds to buy the said luxury car. It will also secure coverage for the said vehicle through third-party insurance companies before they are brought to the showroom.
- Dreamcars then manages and rents out the car, ensuring that the rental income is distributed among each car owner in terms of USDT.
- The Dreamcars Liquidity Protocol, aptly named “The Bank,” also has a role to play. It provides instant liquidity by using car shares as collateral for loans. This approach further entrenches Dreamcars into the DeFi economy.
- The same car shares, which are essentially fractionalized NFTs of the car ownership documents, can be sold on the Dreamcars marketplace. This creates another venue that could bolster the Dreamcars economy.
Dreamcars Tokenomics – A Community-Centric Approach
There are 3 billion DCARS tokens in total. Since the token is deflationary, no more will be generated, allowing DCARS to leverage the supply-demand paradigm to achieve growth.
50% of the total supply is allocated to presale, giving early investors a chance to get into this project. 20% has been allocated to the presale bonus tokens as a way to further incentivize early buyers. 15% of the total supply has been reserved for liquidity while 8% is allocated to the staking pool. 3% is for the development wallet, 2.5% is for advisors and partnerships, and 1.5% is for marketing purposes.
With 70% of the tokens being allocated to presale and bonus, there is a sense that Dreamcars aims to be a community-centric project, which means there could be a time when the community decides which cars are to be added to the roster. Other developments that haven’t been outlined in the project’s roadmap yet may also be coming.
Dreamcars Raises Over $1 Million – Participate in the DCARS Presale Today
Dreamcars’ presale started slow, but as soon as the market picked up, the tokens went off the shelves and the project raised more than 107% of the minimum goal it wanted to achieve.
With the launch price set to $0.03 and the current price being $0.01105, Dreamcars offers investors a chance to make 3x gains once the token goes live on exchanges. Therefore, those looking to invest in this unique Dreamcars presale should act today.
