There is a lot of money to be made by renting out luxury vehicles. People want to show off as they go to parties or sometimes go to prom. Even weddings get a luxurious facelift when the cars of their dreams are part of it. However, the current centralized and frankly – expensive – economy means that most people have been locked out of this system.
Dreamcars is a blockchain project that addresses this issue by providing a unique approach. It transforms these cars into their digital equivalents, divides them, and then sells them. The result is that each car can have hundreds of owners, and all can share the rental income.
What’s even better is if you only have $10, you can still become part of this growing economy.
Treating Cars Like Stocks and Turning them Into Income Generators
With Dreamcars, users can treat their cars like stocks. This approach will allow them to buy, own, and rent luxury cars in style, and even earn up to 50,000 USDT through rental income.
Unlocking this unique feature is the DCARS token, a crypto native to the Dreamcars ecosystem and its lifeblood, securing the network for everyone involved.
So what’s included within the Dreamcars ecosystem? It is a critical question to answer before diving into how everything works.
A Semi-Deep Dive into the Dreamcars Ecosystem
The Dreamcars ecosystem has been designed to be inclusive and ensure that people on a budget can become part of the luxury car rental scene. Here are some of the core aspects of the Dreamcars ecosystem making this possible.
- Fractional Ownership: Dreamcars transforms a car into fractional NFTs. This tokenization allows users to invest in rental cars starting at just $10. Whether it be Rolls-Royce or even a Ferrari, with fractional ownership, owning a part of luxury is possible.
- Monthly Rental Income: Owning a portion of each car entitles an investor to the car’s monthly rental income. The income is typically between 20% to 50% APY. However, it will be paid periodically.
- Car Marketplace: Dreamcars has also created a robust marketplace for these NFTs, allowing car shares to be bought and sold instantly. This ensures liquidity in the Dreamcars ecosystem while providing a place where users can leverage their NFTs in more ways than one.
- Security through Blockchain: Dreamcars secures all transactions through blockchain. This ensures that all NFTs are secure and people are protected from fraud.
- Accessible Globally: With luxury car investment enabled through blockchain, there won’t be any geographical roadblocks to investments anymore. Furthermore, thanks to Dreamcars being an inclusive project, all can leverage its benefits properly.
From Selection to Ownership – Dreamcars Makes Things Simple
The process through which the Dreamcars ecosystem works is simple to understand.
It starts with selecting a high-profile car. Dreamcars buys the car after renegotiating the price and then takes the next step of tokenization.
Tokenization of the car involves transforming the car into multiple fractional shares. Each share is represented by an NFT on the blockchain, and all of them offer legal ownership of the car. With a real purchase backing each NFT, users won’t need to worry about transparency.
Once the cars are rented and generate income, the income is collected and then distributed among NFT holders, depending on the cost of the NFT they own.
These NFTs not only offer passive earning opportunities through rental income, they can also be sold and lent on the NFT marketplace. This opens additional income-generating avenues, offering users a part of a more robust economy.
Is Dreamcars a Good Buy?
Fractional ownership is a concept that has been tried many times before. With Dreamcars, however, the property being used is a hotter class of asset – supercars. As a result, there is already an inflated demand for it.
This leads to users getting access to a growing economy, which can offer them profits on a daily basis. However, passive income generation aside, the fact that the fractional NFTs can be used as collateral for loans as well as investment instruments is another reason people will find it interesting.
Another reason is that Dreamcars NFTs are asset-backed. With a more tangible asset tying them together, NFTs become more valuable.
Dreamcars presale is also different from traditional ICOs. While there are early moving opportunities in this ecosystem, the presale also gives bonuses depending on the number of DCARS tokens being bought. These bonuses often take the form of traditional tokens, and even NFTs, which is a good way to interact with Dreamcars’s rental economy from the very start.
Passive income generation also comes from staking, which also benefits those looking for a long-term investment.
Final Words
Dreamcars is a unique blockchain project focusing on the concept of RWA – real world assets. With the NFTs tied to cars, generating rental income is easy, and by investing in the presale in the current economy, early movers have the most to earn.
Those who are interested can visit the official website to participate in it today.
