How The Metropoly Marketplace Works

Metropoly is revolutionizing the real estate industry by combining real estate with blockchain technology.

NFT

How The Metropoly Marketplace Works

Metropoly is revolutionizing the real estate industry by combining real estate with blockchain technology. In the world’s first decentralized real estate NFT marketplace built on the blockchain. With Metropoly you can buy and sell real estate NFTs backed by real-world properties in seconds using crypto, for as little as $100 USD. Plus there’s no paperwork, hidden fees or lenders required.

Your investment properties earn you guaranteed monthly rental income plus you retain the value of the asset until you decide to sell your fractions.

Buy & Sell Real Estate NFTs With Ease

At the heart of Metropoly is the easy-to-use marketplace. It’s where you can buy and sell real estate NFTs in seconds with just a few clicks. Traditionally real estate is a pain to sell and it takes months or even years to close a property transaction.

In contrast, Metropoly allows you to trade or even auction off your real estate NFTs in the Metropoly Marketplace or an Ethereum blockchain-based third-party NFT marketplace such as Opensea 24/7. This gives you the ability to liquidate your assets in a much shorter period of time, and through an auction, buyers can obtain real estate NFTs for a lower price in exchange for an expedited sale.

Built On The Ethereum Blockchain

The Metropoly Marketplace platform has been built on the Ethereum blockchain to combine the best of real estate investment and the decentralized culture.

You can trade fractional Real Estate NFTs, similar to trading shares in the stock market. In addition, the decentralized platform enables you to borrow against your holdings and store the NFTs on your Metropoly Wallet or any third-party ERC-20 compatible wallet.

You can diversify your portfolio by purchasing fractions of different Real Estate NFTs instead of allocating 100% of your capital to a single property. Trade asset-backed real estate like a professional trader with a highly liquid marketplace.

Borrow Against a Real Estate NFT

The liquidity of NFTs, enhanced by real-world assets, facilitates the possibility of low-interest borrowing using real estate NFTs as collateral. This function will be included in the second version of the Metropoly Marketplace.

When you own real estate NFTs (RENs), you can borrow against your NFT in three simple steps:

1. Add the RENs to the lending pool.

2. Choose the duration and accept the fixed rate.

3. NFT is in custody until the debts are paid completely.*

You can also choose to supply funds at competitive rates while retaining full real estate NFT ownership.

As you can see the Metropoly Marketplace is the central hub where you’ll be able to list, buy and sell your real estate NFTs without hassle. Visit metropoly.io to learn more about how Metropoly works.

*If the debt cannot be paid, Metropoly as an intermediary, will auction it off and give the entire debt +5% to the lender, and the rest goes back to the former owner of the REN.

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