Rens Token sells the real estates it has built on Metaverse by converting them to NFTs. A property in the Metaverse is staked with many NFTs. They also builds an equivalent of the property in the Metaverse in the real world through partner companies. Anyone who owns an NFT earns rental income from the real property, and by booking, they can stay in the property.
Securities on Metaverse Rens Metaverse is a big world. Metaverse formation, which started with bungalow houses, will develop by expanding over time with villas, hotels, holiday villages, shopping centers and social living areas. Every property built on the metaverse will also be created on the real world. For this reason, all properties on the Metaverse will be staked with NFTs.
Blockchain technology is causing new regulations. The DeFi revolution is rebuilding a lot of financial position. Old structures on networks such as Ethereum, Binance Smart Chain, Solana have already been converted. It is clear that the next main real-world assets and commodities will undergo these transformations. To add to the concept of asset tokenization, securities will be an expanding industry in the near future. Properties are already ready to asset tokenization. In asset tokenization, real estate assets are represented by tokens. Each real estate asset is overseen by partner companies with tokens on the blockchain that represent shares.
Integrates Metaverse with Real World
Rens Token metaverse is not only a piece of image on the internet, but also filled with properties that have their equivalent in the real world. The first sells these properties as NFT, then these properties are either built from scratch or similar one purchased by Rens’s partner companies in the real world. Investors then receive rental income from these properties.
That connects the Real World to the Metaverse.
The metaverse created by the Rens project is based on real-world. Properties created in the Metaverse are similar to real-world properties, so their prices are proportional to the price of real-world properties.
These properties are divided into NTFs.
NFT holders will get accommodation right and rental income in proportion to the value of the NFT they own.
Investors can claim their monthly rental income on RENS Application website via their Web3 wallet.
More realistic traveling in the Metaverse
Rens Token investors buy NFTs of properties in the metaverse and are rewarded with real world rental income of the properties.
In this way, the rental income of the properties allocated to them as a reward which will be claimable every month.
VR integration will be avaliable for users to view and go over their properties in the metaverse in more detail.
The possibility of navigating the properties more vividly. Step for laying the groundwork for future game projects
How It Work
3D houses are built in metaverse and divided into shares as NFTs.
The houses built in metaverse will then be built in real world and rented by the partner company.
Rental income will be distributed to NFT owners on a monthly basis.
Start earning by staking ! Stakers will be approved a tier for IHO allocation based on the amount staked.
Rens Token organizes IHOs for the properties it creates in the metaverse. Investors who want to buy NFTs from IHOs that will be organized for each property will have right to purchase these NFTs at a more affordable price (when compared to a liberal market model) and with priority by staking Token.
Rens Token Metaverse is an online living space. In this universe, investors will have the chance to experience digital world with VR glasses and they will be able to interact with each other.
As the first version of our project, NFTs of 3D properties will be offered for sale in the metaverse. As project develops/evolves, investors will be able to visit properties in the metaverse and explore the properties first-hand. NFT owners will benefit from rental income.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.