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In 2023, Web3 is poised to become the dominant trend worldwide. Though it has already gained significant traction across the globe in 2022, its full potential will be realized this year as resources are devoted to its development. The results of this investment will take time to manifest, but significant outcomes can be expected in the medium term.
In addition, the real estate industry is experiencing a surge of interest in decentralized technology. While this concept has been discussed for some time, the emergence of new technical ideas, such as NFTs, has reignited enthusiasm and innovation in the field. Despite real estate being a longstanding investment staple, soaring prices in recent decades have made it unaffordable for many younger investors. However, Metropoly's real estate NFT marketplace has the potential to cause a significant disruption in the Web3 landscape, according to many experts in the field.
It's evident that the real estate market is largely unaffordable with some regions charging over $2 million for a simple 2-bedroom house, making it inaccessible to the average person. Fortunately, Metropoly offers several features that address this issue.
Through its blockchain-based platform, Metropoly allows people of all ages to enter the real estate market, enabling them to benefit from using real estate as a hedge against inflation and generating passive income. This platform enables young people to acquire homes for future security while providing an alternative or replacement to pensions for the elderly.
The Metropoly marketplace offers NFTs that are fully backed by actual properties, ensuring their value.
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