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A one-stop shop for all property needs, now on the blockchain. That is how the Real Estate Metaverse project defines itself while introducing potential investors to its ecosystem.
With a real-estate-themed concept that could make the industry an accessible business avenue for many, the REM token has become the center of attraction within the RWA community.
What is the Real Estate Metaverse?
Real Estate Metaverse is exactly what its name suggests—an opportunity to invest in real estate via the metaverse, powered by blockchain technology. The project combines all futuristic elements like the metaverse, blockchain technology, and widespread real estate networks to create an ecosystem where one can purchase real estate on their own terms.
Imagine wearing a VR headset and exploring a property through the headset. If the said property seems like a good match, the potential buyer will be able to choose the amount of funds they wish to park into that property, which will be available to them in the form of property shares.
This means that instead of paying millions of dollars for a complete property, they will be able to acquire shares in the property at a rate they are comfortable spending. There is no need to visit the site, handle paperwork, etc. All one needs to do is use the platform to choose and purchase the tokenized shares for their preferred property.
Now, the property is bound to be a great source of income as a rental. However, given its global reach, it is possible that one’s property shares may be in a piece of real estate located in a completely different country. This is another problem solved by the project, as investors can count on the team to find and manage tenants and eventually disburse funds to the accounts of the property owners, who collectively own the property in the form of shares.
The project offers access to analyses of rental yields in particular areas, insights on growth factors, and other such data that can help investors make the right choice when selecting their own piece of real estate.
The project is created by a group of experienced individuals and headed by Callum Sheehan, a professional in the space with several years of experience. The management company that handles all the real estate moves for Real Estate Metaverse, called Propertyverce, is also owned by Callum, indicating his dedication to making the initiative a success.
Services Provided by Real Estate Metaverse
Real Estate Metaverse offers an extensive range of services designed to streamline property investment and ownership for its users. The project first introduces Fractional Rentvesting, an exciting addition to the main model that enables users to invest in properties through fractional ownership using the ERC3643 protocol and REM-X tokens.
As mentioned before, the company that handles real estate details for investors is the founder’s other company, Propertyverce. So, the property deed will be held by Propertyverce in Australia, while fractional ownership will be tokenized and made available to users. REM-X token holders can enjoy rental income and capital appreciation, with properties being sold after 3–5 years for further reinvestment.
These tokens will also be available to trade freely, giving investors complete control over their assets at all times.
DeFi Stake Pools within the REM ecosystem allow REM token holders to earn passive income by staking their tokens. This boosts liquidity while rewarding users with additional REM tokens or other incentives, ensuring active participation in the ecosystem.
The platform provides seamless access to essential services like lawyers, who benefit from streamlined property transaction processes, and building inspectors, who deliver comprehensive property reports. Landlords can monitor and manage their properties in one centralized location, while accountants and mortgage brokers cater to users’ financial needs, simplifying property purchases.
By integrating these services into a cohesive ecosystem, Real Estate Metaverse offers a complete solution for modern real estate investment.
REM Is Listed on MEXC Already
The REM token has already gained traction by being listed on the popular MEXC exchange. Following its launch on December 12, the token saw an initial surge, climbing from $0.024 to over $0.092 in just a few hours. Although it has since corrected back to its original price levels, the trading volume remains strong, and based on fundamentals and partnerships, this token has a good potential to break ATH again.
Speculation around the token’s potential is high, with many predicting steady growth as the project gains more exposure and adoption increases. The team’s commitment to rolling out developmental updates and expanding the ecosystem has fueled optimism among investors. REM token’s roadmap also outlines plans to address key investor concerns, ensuring the platform evolves to meet the demands of its growing user base.
As more token listings are anticipated, the REM token seems to be strongly set up for long-term growth. Its utility-driven concept could be a great addition to one’s portfolio. If it intrigues your attention, consider learning more about the project via their social media channels on Twitter and Telegram.
