Luxury cars are super popular.
But they are not for everyone. Since they require large upfront costs, very few people manage to buy the car of their dreams.
Thanks to blockchain, this is changing. Dreamcars ($DCARS) is a new project that allows anyone to buy ownership of luxury cars as NFTs. Here is a deep dive into how that 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 on its marketplace, allowing anyone to own fractions of luxury cars and earn rental income from them.
The price of the NFTs starts from just $10.
This allows Dreamcars to break down the financial barriers to entry in the luxury car sector. The car-backed NFTs offer holders a stream of rental income, with APYs soaring up to 60%.
Using blockchain technology, Dreamcars democratizes luxury car ownership.
Hassle-Free Ownership of Fully Insured Luxury Vehicles
Dreamcars’ Rental Car fleet presents a diverse range of fully insured luxury vehicles. They are stationed at the platform’s physical rental car 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 steep initial costs, maintenance obligations, and depreciation worries, Dreamcars’ NFTs are hassle-free. They are also a budget-friendly alternative.
Dreamcars’ team sources luxury cars from credible dealerships, ensuring they come with insurance, warranties, and comprehensive vehicle histories. The data related to the car is securely recorded on the blockchain, allowing public verification of the NFT’s authenticity. All NFTs are linked to the corresponding car’s purchase contract.
The team also handles maintenance and rental customer acquisition, relieving investors of these responsibilities.
Dreamcars has already secured its inaugural luxury car, a black Lamborghini Urus, after fulfilling all safety and legal requirements. The fleet will expand to coveted models like Mercedes-Benz, Porsche, Bentley, Rolls-Royce, Ferrari, Lamborghini, and more.
Attractive Monthly Rental Income
$DCARS serves as the primary cryptocurrency of the Dreamcars marketplace.
Investors need to hold the token to acquire Dreamcars NFTs, which accrue value based on both hype and collectible demand, while also earning monthly rental income.
The high liquidity of these digital assets allows for the seamless trading of the token on the native Dreamcars marketplace. The NFTs will also list on external platforms in the future.
They offer greater flexibility compared to physical luxury cars, as a result.
A lending protocol is under development on the platform, allowing users to stake their car-backed NFTs as collateral to take loans. The model positions Dreamcars fractional NFTs as an attractive investment.
Unlike real luxury cars, fractional NFTs don’t cost a fortune. Their lower price tag empowers investors to diversify their portfolios by purchasing shares of multiple luxury cars at accessible costs.
This diversification strategy minimizes exposure to market downturns.
While most digital collectibles lack real-world purpose, Dreamcars NFTs offer tangible, real-world benefits. Fractionalization of real-world assets drives the NFT sector beyond mere low quality artworks into practical applications.
Dreamcars NFTs present promising long-term investment potential. But they’re not yet live. $DCARS tokens, on the other hand, are now available for purchase at discounted prices in the ongoing presale.
They are underpinned by a robust business model.
The Right Time to Invest in Dreamcars is Now – Presale to Sell Out Soon
The ongoing crypto presale of $DCARS further lowers the entry barrier to the project for early backers.
These tokens are available at fixed discounted prices during the presale.
Early investors can use the 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 concerns of vulnerabilities.
Following the presale, the listing price will surge by 285% from the current selling price of $0.0105. The presale price rises with each successive stage.
$DCARS exhibits potential for a substantial price increase right from the initial exchange listing phase. But it’s designed as a long-term investment due to 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
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