Is passive income a dream in crypto? Learn how Metropol makes real passive income a reality
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A passive income stream is usually one of the top priorities for investors worldwide. They are always looking for an asset to invest in that provides a consistent and reliable return every month without having to allocate any effort once the investment is made.
Unfortunately, crypto is very short when it comes to passive income options. Many projects claim to provide a passive income for investors, but their rewards usually last for a short period of time until the income stream dries up.
Fortunately, an upcoming project is gaining momentum as investors believe it will finally provide a method for making a genuine passive income stream a reality through the magic of real estate. Let’s meet Metropolitan.
Passive Income: Something to Strive For?
In most cases, passive income is usually a dream that is unattainable or unsustainable. For years, investors have searched for opportunities that allow them to earn a consistent passive income from their initial investment. However, the opportunities are usually few and far between. In addition, they usually only last for a short period of time until the rewards dry up and the passive income disappears.
Bitcoin mining was often considered a fantastic passive income option. Through cloud/hosted mining, Bitcoin miners can purchase hardware through a vendor that will host their equipment to begin mining BTC. Although it provides a passive income for the investors, the rewards are very volatile as they are tied to the price of Bitcoin. During the 2022 market capitulation, many miners had to shut down their hardware as they stopped making money through mining.
The old real estate market is one of the most reliable sources of passive income. The richest 1% of individuals globally have grown their wealth through property. The passive income is generated from the rental yield on the property, with capital growth making the investors much richer.
Although real estate offers a wonderful passive income opportunity, it has often been very inaccessible. This is primarily because large down payments are required to buy a property. In addition, a good credit score is also required, and mountains of paperwork must also be filled out.
As a result, this usually leaves most investors locked out of starting their real estate investment journey – until now. With the introduction of platforms like Metropoly, crypto investors can easily start their real estate portfolios in seconds with as little as $100. This is how.
How Metropol makes passive income a reality.
Metropoly is the world’s first NFT marketplace filled with NFTs backed by real estate – all of which provide passive income for their owners.
The platform’s NFTs are backed by real-world utilities, allowing you to buy property in seconds. Metropoly is changing the way real estate is done by reducing the lead time it takes for investors to buy real estate from 90 days to as little as 20 seconds.
The project allows investors to start their real estate portfolios with as little as $100 because all the properties in the Metropoly portfolio are fractionalized and tokenized. This means that they are broken down into small pieces to be sold as individual NFTs. As a result, investors do not need to purchase 100% of the property. Instead, they can buy a fraction of the property and still earn a passive income from the investment.
Holding one of the NFTs entitles the owner to all the benefits of real estate investing. For example, NFT holders can easily benefit from any capital growth by selling their NFTs on the Metropoly market. In addition, they are also entitled to their share of the passive income generated from the monthly rental yield – which is distributed in USDC.
The income is genuinely passive because the Metropoly team handles all property maintenance. They also ensure that there is a tenant in the property who pays rent, which is the source of income. As a result, real estate investors simply have to buy NFTs to start earning.
Is real estate the only way to passive income?
As mentioned, there are a number of projects that claim to provide a passive income to investors, but most of them are highly unreliable. Sure, the rewards may last for a short period of time, but they always tend to dry up eventually. Also, most passive income options in crypto aren’t really passive. Some projects require you to keep track of the market and your investment – which requires time and effort for investors.
This is not the case for Metropoly.
The project has not created a new type of investment. Instead, it has taken one of the most reliable and consistent passive income methods, brought it on-chain and made it available to the wider pool of investors. Using one of the most reliable sources of passive income is the only way to ensure that your income is consistent over time.
Advance sales soar past $500,000
Metropoly is currently undergoing a pre-sale for its METRO token, which will be the transaction and reward token on the platform. Pre-sales for METRO recently rose to over $500,000 as investors quickly rushed to the new project that makes passive income a reality.
The current price for METRO is $0.0625 in the 9th stage of the presale. Once the fundraising reaches the $1 million threshold, the price of the token will increase. As a result, those who buy in the earlier stages of the presale will benefit most once the presale is complete and the token listings are on exchanges.
Overall, Metropoly finally gives potential investors the opportunity to generate a true passive income through the magic of real estate. The best thing about holding one of the Metropoly NFTs is that returns can be expected to remain consistent throughout the year, and holders are still entitled to benefit from any capital growth on the property.