Meta Estate Empire sets a new standard for NFT-based real estate investments
Real estate is the next major industry to be affected by NFTs. Non-fungible tokens (NFTs) have gained traction as a medium of exchange in the digital space, and NFT real estate is no different. It allows investors to buy real-world real estate or fractions of real-world real estate and benefit from their appreciation over time.
NFT property is also not limited to just physical property. Companies like Decentraland and The Sandbox are paving the way in virtual worlds, creating a new type of metaverse while integrating blockchain technology.
In this article we will cover why cryptocurrency mixed with real estate investment could be the next big trend, some of the companies behind digital real estate, and other companies focused on the physical real estate using shared ownership and membership.
Why is NFT property the next big trend?
First, NFTs provide secure and transparent transactions, so buyers can be sure they are getting what they pay for. The digital nature of these assets makes it easy to transfer ownership quickly and efficiently without worrying about paperwork or complex legal processes. In addition, NFT property is not subject to the same tax liability as traditional property, which gives investors a more attractive option for investing their money.
Second, real estate investing via NFTs is also a great way to diversify your portfolio through fractional ownership – meaning you can buy a share of an entire property without having to buy the whole thing. Furthermore, owning NFT real estate gives investors access to appreciation when the real estate value increases over time, allowing them to take advantage of any increases in value without having all their eggs in one basket.
Finally, it has significantly lower entry barriers compared to traditional property investment. With no physical infrastructure or high costs associated with buying a house or land, investors have the opportunity to diversify their portfolios without breaking the bank. All of these advantages make NFTs the next big trend in real estate investing, giving everyone the opportunity to build a diverse portfolio and potentially reap significant gains.
Examples of innovative companies
The discussion around NFT-based real estate investments can quickly become complex and nuanced. To make it simple, let’s divide them into two types of assets: purely digital on the one hand and physical assets mixed with digital on the other.
For example, The Sandbox is a company that created a metaverse that combines NFTs with game elements. Players buy NFT tokens that represent in-game assets such as weapons, vehicles or armor – these NFTs then act as the currency in the game’s economy. The NFT tokens used on The Sandbox also give players a stake in the platform – meaning they benefit as the platform grows
Another company pioneering NFT real estate investing is Decentraland, a virtual world where NFTs are used to buy land. NFT real estate in Decentraland is unique because it allows users to build and create anything their imagination can dream up – from shops to art galleries or even entire cities.
On the physical side of things, Meta Estate Empire is at the forefront of how we think about NFT property investments. Instead of offering membership through NFTs, they offer investors the opportunity to fractionally invest in real estate using NFTs with the smart contract ERC1155 and token as ERC20 with the ability to migrate from ETH to Lightning Taro. The maximum supply will remain at 210 million tokens with a deflation and DAO voting system. Within the platform, investors can view real-time market updates giving them unparalleled flexibility to diversify their portfolio as they wish.
The property market is characterized by volatility and uncertainty. With Meta Estate Empire, investors can buy fractional shares in multiple locations, reducing risk while enabling blockchain technology in physical real estate. The platform adds liquidation to an illiquid market, giving all investors a piece of the pie. In addition, the platform has several unique sales proposals such as auctioning, tokenization and the purchase of real estate assets in addition to shared ownership.
In addition, companies like Propy are revolutionizing the way real estate is bought and sold around the world by leveraging blockchain technology. Propy’s platform allows users to close traditional real estate deals entirely online, eliminating fraudulent transactions and saving up to ten hours of paperwork per transaction. All offers, signed agreements, payments and deeds can be managed from one platform with integrations to other services such as DocuSign or bank transfers.
Will blockchain real estate be the future?
NFT real estate is an exciting new way for investors to diversify their portfolios and reap the benefits of fractional appreciation. The secure transactions and low entry barriers make NFT real estate tempting for several reasons. It allows almost anyone to come in at an entry-level cost, while also giving them the opportunity to take advantage of any value increases over time.
The NFT real estate market is still in its infancy, but it is rapidly gaining ground. Although we are currently facing a crypto bear market, more companies and platforms are moving towards this asset class. It is difficult to predict the future, but NFT real estate seems to have the potential to become one of the most popular investment vehicles in Web3.
Disclaimer: This is a paid post and should not be treated as news/advice.