The world’s number one asset class, the global real estate market, valued at over $300 trillion, has long been a conservative space dominated by traditional practices. However, PropiChain (PCHAIN) aims to use NFT technology and the Metaverse to disrupt the industry and take at least 1% of the $300 trillion real estate market value.
PropiChain (PCHAIN) is an innovative blockchain-based, decentralized restate platform. The platform is pioneering integrating NFT technology and the Metaverse into real estate, making the market more accessible, efficient, and easily tradable.
PropiChain’s NFT Technology in Real Estate
NFT technology is best known for its role in digital art and collectibles. However, its potential to reshape the real estate market is even more groundbreaking. An NFT is a unique digital asset recorded on the blockchain that is used to certify ownership and authenticity of assets like art and real estate.
In the case of PCHAIN, property ownership is minted as an NFT, turning physical real estate assets into digital, tradable assets. This approach offers so many benefits, such as:
Fractional Ownership: One of the main barriers to real estate investment is high entry costs for investors. Using NFT, PCHAIN can divide high-value properties into smaller digital assets, making it affordable for a broader range of investors. Anyone can invest in high-value real estate assets without needing large capital.
Liquidity and Transparency: With the NFT technology, PropiChain ensures enough liquidity in the market, making it easy for investors to buy, sell, and trade properties. Investors can also verify ownership and transaction history on the blockchain, eliminating the risk of fraud and increasing trust.
Global Access: Unlike traditional real estate, NFT-based property can be bought and sold across borders without intermediaries and complex documentation processes.
PropiChain’s Metaverse Integration
The PCHAIN Metaverse feature takes real estate investment to a whole new level. It provides real estate investors with a fresh experience of scouting and touring properties in 3D. This expands their opportunities, helping connect buyers and sellers worldwide.
The Metaverse eliminated the need for investors to scout or tour potential properties physically. Unlike traditional videos and images, PCHAIN’s Metaverse allows investors to have a more detailed tour of properties from their homes.
Why the 1% Market Share is Within Reach for PropiChain
With the global real estate market estimated to be worth $300 trillion, PropiChain aims to capture just 1% ($3 trillion) of the market share. This looks ambitious, yet the platform can achieve this target with NFT and the Metaverse integration.
According to a Statista report, real estate is projected to be the largest type of tokenized asset by 2030.
PCHAIN’s NFT technology makes the global real estate market more accessible, tradable, and efficient. Therefore, the possibility of absorbing 1% of the $300 trillion market size is high. Additionally, the fact that the Metaverse helps investors cut the cost of traveling to tour properties means more people will be willing to get on board.
The traditional real estate market has been known to be highly illiquid and capital-intensive. Using its innovative and revolutionary NFT technology and the Metaverse, PCHAIN ensures enough liquidity in the market and allows ‘small money’ investors equal access to the space as institutional investors.
More Features of PropiChain That Further Improves its Appeal In the Market
PropiChain also uses smart contracts and artificial intelligence to improve the real estate market for investors. With the smart contract, users can automate their property leasing processes and rental payments, making it seamless for landlords and tenants.
With AI-powered chatbots and virtual assistants, investors will enjoy 24/7 support on navigating and maximizing the real estate market. The AI-powered predictive market analysis feature also offers investors detailed insights into future market trends, helping them anticipate and strategize for future opportunities in the market.
Conclusion
PropiChain’s approach to integrating NFT technology and the Metaverse ushers in a fundamental shift in our understanding of property ownership and investment. Top industry analysts have projected that the platform is the future of the $300 trillion global real estate market.
The Company’s goal to capture 1% of the real estate market has already started with its ongoing token presale. This presale offers investors early access to real estate’s future and allows them to buy the token at an early price of $0.004 for a potential 700% ROI upon listing. Join the presale now for an opportunity to make massive gains.
For more information about PropiChain presale:
Website: https://propichain.io/
Join Community: https://linktr.ee/propichain
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2024/11/propichain-will-absorb-1-of-the-300-trillion-real-estate-market-with-nft-and-metaverse-integration