Another bull season is here.
If the fear and greed index is any indication, it will stretch into the first quarter of 2025. True, BTC just hit an all-time high. But it might be on its way to more heights. Popular altcoins could also follow suit.
As hot as high-cap cryptos are, investors are not ready to settle. They have their eyes on underrated gems.
Thanks to their low market cap, new crypto coins could pump this season. Large-cap coins can’t match their explosive potential.
One such project on the radar of strategic investors is Dreamcars ($DCARS).
Dreamcars is in the Spotlight
Luxury cars are a symbol of status and success.
But they can also be a source of rental income. The only problem is that most people can’t afford them. This is where Dreamcars makes a difference.
Dreamcars introduces fractional NFTs backed by physical luxury cars.
NFTs are popular. At the same time, they are ridiculed, thanks to tasteless and overpriced digital artworks clogging the market.
Dreamcars NFTs don’t belong to the category. They are tied to tangible assets parked in Dreamcars’ rental showrooms.
Here’s how it works.
Dreamcars is building a collection of luxury vehicles from brands like Lamborghini, Rolls-Royce, Porsche, and Ferrari.
Each of these cars is tokenized into several fractional NFTs.
Investors who buy these NFTs earn passive income from the rental revenue generated by the actual cars.
The blockchain model makes luxury car ownership accessible to a broader audience.
Beyond the Flash
Dreamcars sources vehicles from reputable dealerships. The Dreamcars team ensures that they are fully insured and have clean maintenance records.
The ownership of luxury cars is blockchain-based. Each NFT is tied to the car’s purchase contract. The blockchain records metadata with all relevant details, accessible to anyone to see and verify.
As good as the rental income from luxury cars is, the maintenance is often a headache. But the tokenized NFTs are easy to manage. Investors don’t have to bother with maintenance, insurance, or depreciation.
Dreamcars handles all these tasks. Investors can focus on just diversifying their luxury car NFT portfolio based on the market.
While selling or buying a car can take weeks, buying or selling fractional NFTs takes just a few clicks. Dreamcars eliminates the traditional challenges of luxury car ownership.
Passive Income with High APY
The platform estimates annual percentage yields (APYs) of 20% to 50% APY from each car.
Users can buy, sell, and trade shares of luxury rental cars on the Dreamcars marketplace. A specific amount of $DCARS is locked to own car shares. The strategy ties the value of $DCARS tokens to the platform’s growth. As more cars are added to the marketplace, the value of $DCARS is expected to take off.
There are three different categories of cars in the Dreamcars marketplace.
- Entry-Level Cars: Less than 20% APY, 2% in $DCARS locked in the vault.
- Premium Cars: 20% – 30% APY, 5% in $DCARS locked in the vault.
- Top Performers: 30%+ APY, 7% in $DCARS locked in the vault.
There are also plans to introduce a lending protocol for instant liquidity. It will allow NFT holders to use their car-backed tokens as collateral for loans.
The additional utility could boost demand for $DCARS tokens and further drive their value.
The fleet is off to a glamorous start with a black Lamborghini Urus. More luxury models will join the line-up in the coming months.
Being fractional, the NFTs are accessible even to small-scale investors. It allows users to build diversified portfolios by acquiring shares in multiple cars. The strategy spreads risk across different assets.
$DCARS Token Presale is Now Open: Limited Opportunity
The $DCARS token presale is divided into multiple stages, with a gradual price increase. It is currently offered at $0.0105. But the price won’t stay there long. The $DCARS smart contract has undergone a rigorous audit by Solidproof.
While many cryptocurrencies rely on hype to drive their value, Dreamcars sets itself apart with its real-world application. It uses blockchain to make luxury assets more accessible and profitable.
For investors seeking low-risk passive income, Dreamcars is a top crypto to consider this alt season. It could very well be the next to take off.
Follow Dreamcars on Twitter and Telegram for the latest project and presale updates.
