Metropoly’s first-of-its-kind blockchain real estate marketplace will introduce three new properties in June. The properties located in Dubai are hand-picked by the project’s team of real estate experts after analyzing their risk and profitability.
Once the properties are announced, a community poll will be hosted for decision-making. The team will negotiate deals with the landlords based on the poll results. The community governance system ensures that the project is in the hands of METRO token holders.
In addition to the property listings, Metropoly has exciting developments underway, which include new exchange listings and strategic buybacks.
BIG ANNOUNCEMENT
METROPOLY IS INTRODUCING 3 PROPERTIES IN JULY 2023
We are excited to showcase three properties in Dubai carefully selected by our Real Estate Experts. These properties align with our metrics, and we want you to choose your favorite through a poll or a… pic.twitter.com/0vudaB8iuH
— METROPOLY (@metropoly_io) May 30, 2023
METRO to list on top-tier exchanges
Metropoly has some top-tier exchange listings in the pipeline. While the names of the exchanges have yet to be announced, analysts predict OKX and MEXC Global as candidates.
New CEX listings are expected to bring an upswing to the token demand and value in the coming days.
Another exciting update is the strategic buybacks after the presale vesting period. The project has plans to buy tokens from the market using allocated funds from the presale once the vesting period concludes. This is aimed at supporting the token price in the open market by reducing its circulating supply. It ensures the sustainable growth of METRO.
Metropoly’s market relevance
Metropoly harnesses the timeless appeal of real estate assets to bring robust investment opportunities to Web 3.0. It breaks the entry barrier to the traditional real estate market, which tends to be exclusive to the wealthy due to the high initial capital requirements.
To tackle this problem, Metropoly launches tokenized real estate investments through blockchain fractionalization. It incorporates real estate investments into the blockchain, thus bringing more transparency and efficiency to transaction records.
Check out Metropoly’s Beta dashboard to find out how it works.
📢 IMPORTANT ANNOUNCEMENT 📢
🔥 BETA 3.0 IS LIVE NOW!
The most awaited beta drop of the Metropoly marketplace is finally here! Go check it out now, you’re going to love it! 🥳https://t.co/KriUyqATHZ pic.twitter.com/rMrC9YsV1Q
— METROPOLY (@metropoly_io) May 31, 2023
Metropoly mints blockchain replicas of handpicked real estate properties and lists them on its marketplace in the form of fractionalized non-fungible tokens (NFTs). Fractionalization improves their affordability.
With Metropoly, investors without large financial backing should not limit themselves to crypto and stock investments. It empowers them to step into the real estate market. The NFT assets, backed by real-world properties, don’t just benefit from long-term value appreciation. They also generate impressive monthly rental income for holders.
Why Metropoly is an evergreen crypto investment
Metropoly’s stable rooting in the real estate market gives it a competitive edge in the highly volatile crypto market. Here are some of the key reasons that strengthen the bullish price predictions for the token and its large growth potential:
- The marketplace offers investors a consistent source of cash flow by distributing a share of rental income generated from the listed properties. Even investors with meager monthly savings can plow their money into the platform. The NFTs are listed at affordable prices starting from $100.
- Backed by tangible real estate properties, Metropoly NFTs will appreciate in value over time. It is an excellent opportunity for long-term wealth creation for people with low capital and technical know-how.
- Traditional real estate investments involve paperwork, legal compliance, property maintenance, and tenant management. Investing in Metropoly is different. To begin with, it is fundamentally passive. Metropoly’s team of professionals, with extensive expertise in their respective fields, takes care of everything on behalf of NFT investors.
- Since the value of properties and the passive revenue from them typically increase year after year, thanks to the exponentially growing global population, Metropoly is a robust hedge against inflation and crypto market volatility.
It also allows for fractionalization and portfolio diversification, contrary to the traditional market. Diversification, in turn, mitigates risks associated with real estate ownership.
What’s a realistic price outlook for METRO this month
Despite the bull waves taking over the broader market multiple times, the METRO price has remained largely stable since its launch. Interestingly, the presale vesting rounds didn’t have much influence on the token price. It reveals the confidence presale investors place in the project and its long-term vision to overhaul the real estate landscape.
As the broader market bounces back into action and the ecosystem deploys new product updates, the token has the potential to reward investors lucratively. The team aims to push the price back to $0.5 – $0.8 with the allocated funds and CEX listings by the end of Q3, and find solid support at that range.
The multiple CEX listings scheduled for the last quarter of Q4 can potentially take the token to $1 by the end of the year. If the community continues to pour in support, Metropoly will emerge to become one of the most successful projects of this year. The ongoing developments in the ecosystem, implemented with participation from the community, go a long way in ensuring that.
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