Using Blockchain Technology, Metropoly Intends To Revolutionise The Real Estate Market




Projects claiming to be the upcoming ground-breaking platform that would irrevocably change an industry abound in the bitcoin market. Few, though, appear to be following through on this promise in reality. In the cryptocurrency industry, overpromising and underdelivering are quite frequent occurrences.

But now and again, a project emerges as having the potential to make a revolutionary change. An initiative called Metropoly is attempting to alter how we manage real estate transactions.

The platform for fractional real estate investing known as Metropoly is already preparing to do away with middlemen and the drawn-out, complex processes of real estate transactions. Find out how it does it precisely and why it appears to be one of the greatest new tokens of December 2022.

Is The Real Estate Market Needs Disruption?

Yes, of course. The real estate market needs disruption. Investment is not encouraged by the situation of the real estate market. Over the past few decades, the entrance barrier has risen significantly, making it impossible for most people to purchase a house for protection and security. 

Large businesses start to seize an increasing number of properties in the meanwhile. Two relevant statistics are mentioned in this debate. If the real estate market stays on its current course, they together offer a bleak image for the general public.

First, according to estimates, the global real estate industry will be worth $6.8 trillion in 2021, with a 1.9% CAGR. The market size in the United States was $3.69 trillion in 2021, and a CAGR of 5.2% was predicted from 2022 through 2030.

Astonishingly high at 7.61 at the moment, the median housing price-to-income ratio for employees in the United States is the second factor to consider. This is far greater than it was twenty years ago when it was 4.4 and higher than it was during the financial crisis of 2008.

This indicates that although there is demand in the real estate market, fewer typical investors can participate in it. It is not a desirable scenario to be in since younger investors won’t be able to take advantage of real estate’s investing advantages. 

This entails diversifying their holdings and employing real estate as an inflation hedge. Most significantly, they forfeit the convenience of living in their own house.

Advantages of causing Real Estate Market

Using a real estate investing platform powered by blockchain has several benefits. One benefit of investing from home is that it may be done more quickly. 

According to Metropoly, investments can occur in as little as 30 seconds. Users only need to visit the marketplace, link their wallets, and purchase the necessary properties to do this.

The benefit of generating passive income by renting out houses is another benefit. Users may buy property from anywhere in the globe is another crucial advantage. They can diversify their investments, generate passive income, and protect themselves from inflation.

About the author, Awais Rasheed

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