NFTs
Dreamcars NFTs Make Luxury Car Ownership Affordable for Everyone – The Next Crypto to Explode?
Luxury cars are super popular.
But they are not for everyone. Because they require large initial costs, few people are able to buy the car of their dreams.
Thanks to blockchain, this is changing. Dreamcars ($DCARS) is a new project that allows anyone to buy luxury cars as NFTs. Here’s a deep dive into how it works.
An NFT marketplace for luxury cars
Dreamcars is a pioneering luxury car marketplace built on the blockchain.
The project represents a revolution in luxury car ownership by transforming physical cars into NFTs on the blockchain. It introduces fractional NFTs to its marketplace, allowing anyone to own fractions of luxury cars and earn rental income from them.
The price of NFTs starts at just $10.
This allows Dreamcars to break down the financial barriers to entry into the luxury car sector. Auto-backed NFTs offer holders a rental income stream, with APYs rising up to 60%.
Using blockchain technology, Dreamcars democratizes luxury car ownership.
Hassle-free ownership of fully insured luxury vehicles
The Dreamcars Rental Car fleet features a diverse range of fully insured luxury vehicles. They are parked in the platform’s physical car rental showrooms.
These vehicles are tokenized as NFTs on the blockchain. They enable decentralized ownership and investment opportunities.
When compared to traditional luxury car ownership with its high upfront costs, maintenance obligations, and depreciation concerns, Dreamcars NFTs are simple. They are also an economical alternative.
The Dreamcars team sources luxury cars from trusted dealerships, ensuring they come with comprehensive insurance, warranties and vehicle histories. Car-related data is securely recorded on the blockchain, allowing public verification of the NFT’s authenticity. All NFTs are tied to the corresponding car purchase contract.
The team also takes care of maintenance and acquisition of rental customers, relieving investors of these responsibilities.
Dream Cars has already secured its inaugural luxury car, a black Lamborghini Urus, after meeting all legal and safety requirements. The fleet will expand to coveted models such as Mercedes-Benz, Porsche, Bentley, Rolls-Royce, Ferrari, Lamborghini and more.
Attractive monthly rental income
$DCARS serves as the main cryptocurrency of the Dreamcars market.
Investors need to hold the token to acquire Dreamcars NFTs, which accumulate value based on excitement and collectible demand while earning monthly rental income.
The high liquidity of these digital assets allows for continuous trading of the token on Dreamcars’ native market. NFTs will also be listed on external platforms in the future.
As a result, they offer greater flexibility compared to physical luxury cars.
A lending protocol is in development on the platform, allowing users to stake their car-backed NFTs as collateral to take out loans. The model positions Dreamcars fractional NFTs as an attractive investment.
Unlike true luxury cars, fractional NFTs don’t cost a fortune. Its lower price allows investors to diversify their portfolios by purchasing shares in various luxury cars at affordable costs.
This diversification strategy minimizes exposure to market crises.
While most digital collectibles don’t have a real-world purpose, Dreamcars NFTs offer real, tangible benefits. Real-world asset fractionalization takes the NFT sector beyond mere low-quality works of art to practical applications.
Dreamcars NFTs present promising long-term investment potential. But they are not live yet. $DCARS tokens, on the other hand, are now available for purchase at promotional prices in the ongoing pre-sale.
They are supported by a robust business model.
The right time to invest in Dreamcars is now – pre-sale to sell out soon
The ongoing crypto pre-sale of $DCARS further lowers the barrier to entry into the project for early backers.
These tokens are available at fixed discounted prices during the pre-sale.
Early investors can use cheap entry points before the token hits major exchanges to maximize their gains and minimize losses. Dreamcars’ $DCAR smart contract has undergone a rigorous audit by Solidproof, ruling out vulnerability concerns.
After the pre-sale, the listing price will increase by 285% from the current sale price of $0.0105. The presale price increases with each successive step.
$DCARS presents the potential for a substantial price increase from the initial exchange listing phase. But it was designed as a long-term investment because of its robust real-world foundation.
The token is expected to gain value over time as the luxury car fleet and user base expands.
Visit the Dreamcars token presale
Disclaimer: This is a paid version. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.