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With crypto volatility rising in the crypto markets, holding crypto is becoming ever-increasingly risky. Sure, the volatility could make you 30% gains in one day, but it can also lead to an equally significant loss the very next day. As a result, crypto addicts across the board are looking for ways to diversify their holdings away from crypto.
Fortunately, one project is currently undergoing fundraising that can do just that. Metropoly, the world’s first NFT marketplace backed by real-world assets, allows crypto heads to diversify some of their profits away from crypto into real-world income-generating assets through real estate.
The presale for the native token, METRO, is currently flying after raising half a million dollars after investors pile in.
All of the NFTs on the Metropoly marketplace are backed by real-world properties that can generate a truly passive income. The entire idea behind the marketplace is to create a platform that allows users to start investing in real estate in a matter of seconds.
By integrating modern blockchain technology into the age-old real estate market, Metropoly is changing the way that real estate investment is heading in the future. According to the whitepaper, around 90% of the world’s real estate purchases are conducted offline, with an average lead time of around three months. Metropoly is seeking to change this dynamic by bringing real estate investment on-chain, which can be completed in just a few seconds.
The mission of Metropoly is to democratize real estate and open up the investment class to a broader audience. Typically, real estate investment has been restricted to
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