It’s been a tough few weeks for Decentraland and its native token, MANA, with the token falling by a precipitous 27% over the past month of trading. In addition, the cryptocurrency recently set a fresh five-month low price as the value of MANA dropped as low as $0.45.
Unfortunately, it seems that the number of players in the metaverse world is also dwindling alongside the token price action. This is unsurprising, considering that they would be earning fewer funds from gameplay with declining prices. With players quickly leaving the ecosystem, many are starting to head over to projects that provide passive income opportunities, and Metropoly is one of the only crypto projects that provides a genuinely passive income that won’t diminish with additional users.
Decentraland Player Base Continues to Dwindle as Token Price Slides
Decentraland was once one of the hottest metaverses in the industry. The 3-D user-owned virtual reality platform once used to be at the forefront of the play-to-earn industry, attracting thousands of daily users as they rushed to be a part of the world that could provide a second income stream.
Unfortunately, it seems that most of the players have left since its peak two years ago, with DappRadar showing just a few hundred daily active users at the current time;
Players are leaving the metaverse ecosystem due to declining rewards as a result of the falling token price. With MANA setting fresh five-month lows, earnings on the platform are starting to dry up;
With the Decentraland exodus upon us, it seems that many users are starting to leave play-to-earn ecosystems altogether due to inconsistent rewards as a whole. In addition, with the volatility in the market, the second income stream generators aren’t reliable enough for users to keep spending countless hours in virtual worlds to make it worthwhile.
Instead, many players are leaving the P2E worlds to join projects that provide passive income. Metropoly is the leading choice as it provides a genuinely passive income unlikely to diminish over time, like the advertised APY on most cryptocurrency projects.
Metropoly – A Groundbreaking Real Estate Investment Platform
Metropoly has created the world’s first NFT marketplace that’s backed by real-world properties, all capable of providing a passive income to holders through the rental yielded from tenants. The entire idea behind the project is to democratize real estate investing and open it up to a broader audience by removing all the barriers to entry, such as high deposit values, endless paperwork, and bank mortgages.
Users on Metropoly can get started on their real estate journeys with as little as $100, made possible through the magical Web3 feature of fractionalization. All of the properties in the Metropoly portfolio are broken into tiny pieces, which are then individually tokenized as NFTs. This allows investors to get started with $100, and they can purchase as many NFTs as they wish.
The platform lets investors purchase their first real estate properties in a matter of seconds, making it the fastest way to invest in real estate without waiting months for a deal to close. Metropoly has officially opened the doors of real estate investment to the general population, allowing them to diversify their portfolios from volatile crypto assets to stable real estate investments. In fact, real estate investment is one of the most stable asset classes in the world, which is why the world’s wealthiest 1% of individuals use the asset class to grow their fortunes.
How Does Metropoly Generate a Genuinly Passive Income for Users?
All holders of the Metropoly NFTs are entitled to the same benefits they would receive if they invested in real estate through traditional methods. For example, NFT holders can take advantage of any capital appreciation on real estate by listing their NFTs on the Metropoly Marketplace. Metropoly is even trying to remove the problem of liquidity by purchasing all NFTs for 70% of the price. Alternatively, holders can also accept the highest bid after listing the NFT.
In addition, all of the properties in the Metropoly portfolio are income-generating, and all NFT holders are entitled to their share of the rental yield on the property, which is paid monthly by tenants. Rental yield has historically been one of the most reliable sources of cash flow for real estate investors, and the income is completely passive on Metropoly because they act as the property managers for all the real estate in its portfolio. This means that they will handle all of the property maintenance and ensure the tenant is paying rent. As a result, NFT holders need to keep the NFT in their wallets to have their share of the rental yield distributed to them each month in stablecoins.
METRO Token Live and Trading: Buy Before Ecosystem Sees Glory
Users require the METRO token itself to purchase NFTs on the Metropoly Marketplace at a discounted rate. The token is now on Uniswap DEX as the team starts to increase its marketing presence to get the platform in front of as many eyes as possible. For example, the team recently advertised the project on a billboard in New York Times Square, one of the most prestigious advertising locations in the world;
Metropoly is Live on New York Time Square 📈🗽
250% up from Laucnh 🚀
2 days in a row in Profit 💸
Launched on XT and Uniswap🦄Let’s go up to 0.5$ together and build momentum.
A major partnership announcement will be made today.
BUY $METRO NOW!https://t.co/IG5Z9oyinY pic.twitter.com/cH8kZlFmzb
— METROPOLY (@metropoly_io) May 3, 2023
The token is also listed on a top-tier exchange in XT.com, providing a centralized avenue to purchase the token;
We have achieved several milestones in just 4 days, which include:
– METROPOLY is listed on https://t.co/v4BOQfO9uc, CoinMarketCap, Uniswap, and now on COINGECKO
– METROPOLY is live on New York Time Square
– METROPOLY LED Banner was featured in Las Vegas.
– Partnered with…— METROPOLY (@metropoly_io) May 7, 2023
With such a budding ecosystem, it’s best to purchase METRO early before the word gets out that investors are finally earning a genuinely passive income on the platform.
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