Dreamcars operates a luxury vehicle rental marketplace that uses blockchain technology. Members can purchase fractional ownership of high-end vehicles and receive rental proceeds through the platform’s DCARS token.
The service aims to make luxury car access more affordable while providing owners with passive income opportunities.
The use of blockchain technology offers transparency and helps Dreamcars provide a secure and scalable solution to the limitations of traditional luxury car rental markets. This makes luxury cars more decentralized and community-driven, rather than being accessible only by a limited number of people.
How Dreamcars Makes Its Decentralized Ownership Model Work
Dreamcars offers fractional ownership through tokenized car-backed NFTs. This means that each NFT is linked to a real car. Users can gain ownership of high-value assets like Ferrari, Lamborghini, and Rolls-Royce for as low as $10.
The NFTs serve as legal representations of ownership. They are backed by a purchase contract and securely stored on the blockchain. They also include information like the car’s serial number and all relevant legal documentation in their metadata.
Users don’t have to do anything else. All responsibilities for managing the cars and generating returns are handled by the Dreamcars team. The NFT holders can earn between 20% to 50% APY, up to $50,000 from their holdings.
The shares, or NFTs, can be bought and sold instantly, as the team is implementing various measures to ensure adequate liquidity. This large liquidity ensures that the buying and selling processes are seamless and without delays.
Dreamcars acquires luxury cars that are in high demand from trusted sources. Once they locate a car, they negotiate the price and make an agreement to ensure that the car is ready for rentals when the shares are sold.
Every luxury car purchased will be divided into fractional shares, allowing users to buy as many as they want.
DCARS Token Runs the Dreamcars Activities
The DCARS token is used to facilitate various operations within the ecosystem. It is the token through which rental cars will be purchased, shares will be traded, and rental income will be distributed.
Holders of this token will also be able to unlock exclusive benefits within the platform, such as voting on important decisions like adding new cars to the marketplace.
The value of the DCARS token is expected to increase as demand for rental cars on the platform rises, since everyone will need the token to conduct transactions. This could make holding the token very valuable.
50% of the tokens will be sold in the ongoing presale, 20% will be allocated as presale token bonuses, 15% will be used to ensure liquidity following the exchange listing, 8% will be allocated for the staking pool.
3% will be for development, and various activities geared toward growth within the ecosystem. 2.5% will go to advisors and partnerships, and the final 1.5% will be dedicated to marketing efforts to continuously attract more users to the ecosystem.
Joining the Presale Early Offers More Perks
The Dreamcars presale is already ongoing, and one DCARS token is currently selling at $0.0105 during this phase.
Joining the presale allows users to acquire tokens at a significantly lower price compared to the planned listing price. This means they can expect returns on their presale investment as the value of their DCARS tokens increases.
Users can also earn passive income during the presale period through the Dreamcars staking program. This requires them to lock their purchased DCARS tokens in the staking pool, which will automatically increase their holdings as they earn staking rewards.
Presale participants will also have the opportunity to earn extra DCARS tokens through bonuses and weekly giveaways during the presale.
Additionally, there are exclusive membership NFTs with special rewards that will only be available during the presale period. These will not be offered again after the presale ends.
Limited-Time Bonuses Available: 100% Bonus Tokens
The platform is offering several bonuses for users. They can receive 100% more DCARS tokens when they purchase tokens this month. For example, those who buy $1,000 worth of DCARS tokens will receive $2,000 worth of tokens, gaining $1,000 in extra tokens.
There is also another limited-time bonus that provides users with 20% more token bonuses when they buy DCARS tokens. Investors just need to use the code $DCARS20 when purchasing DCARS tokens. For instance, if they buy $2,000 worth of DCARS, they will receive an additional $400 worth of DCARS.
How to Join the Presale
To participate in the presale is easy. Connect your wallet (MetaMask or Trust Wallet) through the presale platform.
Make sure your wallet has sufficient USDT (BEP-20 or ERC-20), ETH, or BNB to exchange for DCARS tokens.
Your purchased DCARS tokens can be staked immediately to earn passive rewards. All tokens and earnings will become available for claiming when the presale concludes.
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