Dreamcars makes it easy to earn income from luxury cars using cryptocurrencies. With its DCARS token, users can buy shares in luxury cars like Mercedes-Benz, Bentley, and Lamborghini.
The cars are divided into shares and represented as NFTs. These NFTs secure important details about the car, such as the serial number, purchase agreement, shipping information, and more, proving that the NFT holder is the owner of the shares.
The cars are also covered by third-party insurance companies and are kept in showrooms in Dubai, Miami, or Marbella.
All operations related to the cars, including daily, weekly, and monthly rentals, are managed by the Dreamcars leadership team. Users do not need to do anything after securing their NFTs. Passive income will be paid on the first day of every month.
With this solution, there’s no need for users to have hundreds of thousands before owning luxury cars. With Dreamcars, it is possible to start with as little as $10.
The Validity of Dreamcars’ Business Model and How It Works
The luxury car rental market is growing very fast. Many people want to drive supercars and the increasing demand suggests the market could keep growing.
By joining the Dreamcars platform, users can benefit from this expanding market, which also aims to be continuously profitable.
The business model goes beyond what regular cryptocurrency projects offer. For many cryptocurrencies, users earn money from volatile tokens that can fluctuate wildly within a short time.
In contrast, Dreamcars provides an opportunity to engage in a physical business where users can diversify their wealth and earn money from cryptocurrencies without excessive exposure to volatility.
Dreamcars redefines luxury ownership. It is now making the market accessible to anyone who desires to own high-end vehicles. Through the Dreamcars marketplace, users can buy, trade, and sell shares of their favorite cars. The business also offers 20% to 50% APY in the process.
There are three different car categories, ranging from entry-level cars to premium cars and top performers. The entry-level cars yield less than 20% APY and require users to lock 2% of their DCARS tokens in the vault.
The premium cars provide between 20% to 30% APY and require 5% of DCARS locked in the vault. The top performers offer users more than 30% APY, with 7% locked in the vault.
To own a car, users must lock a specific amount of DCARS, which helps them maintain ownership of the luxury cars.
This process could also increase the value of DCARS tokens as more cars enter the ecosystem and more people buy them.
The entire process is powered by blockchain technology, ensuring secure and transparent transactions while protecting ownership rights.
How the Dreamcars Team Manages the Process
Dreamcars conducts thorough research to identify the right cars to bring to the market, ensuring they are vehicles of interest that people are willing to rent. The team then negotiates the prices of the cars and enters a pre-agreement with a car dealer.
The pre-agreement specifies a timeframe within which the shares must be sold. If the shares are not sold out within the requested time frame, buyers will receive a refund, and a new agreement will be made for them to purchase another car if they wish to continue.
The car will be listed in the upcoming section of the Dreamcars platform, where users can view it and begin buying.
The buying process requires swapping BNB for DCARS tokens to be used for purchasing the cars and fulfilling the lock agreement.
Once shares are sold, Dreamcars will buy the car and secure full coverage insurance from a reputable third-party insurance company.
The Dreamcars team manages how the rental income will be distributed to car owners on the first day of each month in USDT.
Additionally, there is a Dreamcars liquidity protocol called “The Bank,” which provides users access to instant loans using their car shares as collateral. This allows them to access funds while maintaining ownership of their DCARS tokens and NFT shares.
The marketplace is also designed to be liquid, enabling users to trade their shares within seconds.
How to Buy DCARS Token in the Presale—Benefits of Joining the Ecosystem Early
To purchase the DCARS token, you need to connect your wallet to the presale website. Acceptable wallets include MetaMask and Trust Wallet. The connection process takes just a few seconds.
You can then use USDT (BEP-20 and ERC-20), ETH, or BNB to buy DCARS. Users won’t be able to claim the DCARS tokens until after the presale.
Those who purchase tokens in the presale will have the opportunity to acquire the DCARS token at a discounted price compared to the planned launch price. This positions them to benefit from an increase in the value of the DCARS they bought before the launch, which will be a significant advantage following the token launch.
Participants who buy more than $1,000 worth of DCARS tokens will gain access to the Dreamcars Membership Club, which grants additional bonuses and privileges that will not be available after the presale.
Presale participants will also be able to stake for passive rewards immediately during the presale and will receive bonuses periodically.
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