Most of us are obsessed with luxury cars. But not all of us can afford it.
Luxury cars are for the super-rich.
At least, that’s what we used to think. But things are rapidly changing, thanks to blockchain technology’s decentralized vision for the world.
Dreamcars ($DCARS) is the first-ever luxury car marketplace on the blockchain. In this article, we will dive deeper into the project and understand how it makes a difference.
What you'll learn 👉
Redefining Luxury Car Ownership
Dreamcars ($DCARS) is an innovative new blockchain-based platform that redefines luxury car ownership.
It adds physical cars to the blockchain as NFTs and launches fractional NFTs on its marketplace for anyone to own.
With the NFTs priced starting from $10, Dreamcars eliminates the financial barriers to the luxury car sector.
The car-backed NFTs grant holders rental income over time, with APYs, reaching up to 60%.
Dreamcars uses blockchain technology to democratize luxury car ownership and make it accessible to the middle class and the poor.
Since their inception, luxury cars have been beyond the wildest dreams for most. The high costs and maintenance expenses are only affordable for the super-rich. Dreamcars changes this narrative by giving ownership and rental income opportunities to everyone.
Here’s How it Works
Dreamcars’ Rental Car fleet showcases a variety of fully insured luxury vehicles. They are parked in any of the platform’s physical, rental car showrooms.
At the same time, they are tokenized as NFTs on the blockchain. The mechanism enables decentralized ownership and investment prospects.
Unlike traditional luxury car ownership that comes with high initial investment expenses, maintenance burdens, and depreciation concerns, Dreamcars NFTs are hassle-free and budget-friendly.
To begin with, the initial investment can be as low as $10, as mentioned above.
The Dreamcars team carefully selects luxury cars from credible dealerships, ensuring they come with insurance coverage, warranties, and complete vehicle histories.
Each car’s data is then securely recorded on the blockchain, allowing public verification of the NFT’s authenticity. The NFTs are linked to the car’s purchase contract.
The team also takes care of maintenance and rental customer acquisition, taking those responsibilities off the investor’s shoulders.
Dreamcars has already acquired its first luxury car, a black Lamborghini Urus, after ensuring all safety and legal protocols.
The fleet will expand to sought-after vehicles like Mercedes-Benz, Porsche, Bentley, Rolls Royce, Ferrari, Lamborghini, and more in the near future.
Monthly Rental Income, 60% APY
$DCARS is the native cryptocurrency of the Dreamcars marketplace.
The token facilitates the purchase of Dreamcars NFTs, which accrue value based on both hype and collectable demand. The NFTs accrue monthly rental income.
The high liquidity of these digital assets allows seamless trading on the native Dreamcars marketplace or external platforms. When compared to physical luxury cars, they have higher flexibility.
A lending protocol is in the works. It will allow users to utilize their car-backed NFTs as collateral for loans.
Due to the multiple sources of value generation, Dreamcars fractional NFTs present a lower-risk investment.
In contrast to real luxury cars, fractional NFTs have a much lower price tag. Investors can purchase shares of multiple luxury cars at an accessible cost through the NFTs. That, in turn, allows for the hassle-free diversification of a portfolio at low costs.
A diversified portfolio is less susceptible to market downturns.
When compared to the broader NFT market, Dreamcars NFTs have tangible, real-world utility. Most digital collectibles, on the other hand, lack real-world utility.
The NFT sector needs to grow beyond hastily created artworks. Projects like Dreamcars make this possible through the fractionalization of real-world assets.
Dreamcars NFT has a promising long-term investment potential, supported by a robust business model grounded in real-world assets.
The Most Attractive Investment Gateway to Dreamcars is Open
The ongoing crypto presale of DCARS tokens opens the best investment gateway to the luxury car ownership project.
$DCARS tokens are sold at fixed discounted prices in the presale, providing investors with an early entry point before they make their way to top-tier exchanges. Dreamcars’ $DCAR smart contract has successfully undergone an audit by Solidproof, instilling confidence in the security aspect of the project.
The listing price post-presale is expected to be 285% higher than the current selling price of $0.0105. The presale price increases as each new stage unfolds.
$DCARS shows potential for price surges from 3X to 10X during the initial exchange listing stages. But $DCARS is best suited for long-term investment strategies, owing to its utility-focused foundation. There is potential for sustained growth and value appreciation over time.
Visit the Dreamcars Token Presale
Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
