DUBAI, UAE, Nov. 15, 2022 /CNW/ — NFTs, meaning Non-Fungible Tokens, is a concept that gets people together. From arts to music to exclusive content and to VIP events, the NFT ecosystem brings so much to users. Metaverse allows users to engage in real-life activities in virtual reality (VR). You can own clothes, buy shoes, and even own land. And this has enabled projects to transform from NFTs into the Metaverse. One such project that has transformed is the Million Dollar Metaverse – the first real estate company in the Metaverse.
Million Dollar – The First Real Estate Metaverse Company
Million Dollar is the first Real Estate Company in the Metaverse with a concept of NFT Collection, such as male brokers, female brokers, plotlands, and other properties. The platform is built on the Ethereum blockchain. The community keeps expanding, and users can become property owners – buying and selling lands to generate income.
Mission Statement
The Million Dollar platform is an ample opportunity for people who can’t invest in physical properties due to their lack of knowledge to become Real Estate brokers. We will create a space that allows you to connect with prospective customers. Buyers and sellers (project participants) will coexist, and transactions will happen faster and easier. “We believe real estate can be more fun without compromising the project participants” potential income. Thus, socialization and technology can co-exist in real estate – this is the target future of the Million Dollar Metaverse.” ( Sebastian F. Baciu – CEO)
How It Works
The NFT collections on Million Dollar include – Brokers, Properties, and Lands. The Broker is a male character with over 350 unique traits. Each attribute is categorized as either Smart-Casual, Formal, or Elegant. These categories determine the exclusive packages the Broker can access.
What makes the Million Dollar project stand out?
A broker gives holders more opportunities to earn passive and active incomes.
The community base has no monopoly in terms of decision-making.
The platform’s security level is high and end-encrypted.
Every user can access the platform and stake their property.
The community comprises crypto experts who contribute to the project’s development.
The Project Team
The Million Dollar is an outstanding project, mainly due to the impact of experienced developers and enthusiasts, including – Web3, real estate, IT, marketing, and blockchain design. As a result, users are well-assured of continuous community growth and establishment.
OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.
The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.
On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.
CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”
The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.
The number of newly listed properties was up 1.1 per cent month-over-month.
This report by The Canadian Press was first published Sept. 16, 2024.
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.
MONTREAL – The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 9.3 per cent in August compared with the same month last year, with levels slightly higher than the historical average for this time of year.
The association says home sales in the region totalled 2,991 for the month, up from 2,737 in August 2023.
The median price for all housing types was up year-over-year, led by a six per cent increase for the price of a plex at $763,000 last month.
The median price for a single-family home rose 5.2 per cent to $590,000 and the median price for a condominium rose 4.4 per cent to $407,100.
QPAREB market analysis director Charles Brant says the strength of the Montreal resale market contrasts with declines in many other Canadian cities struggling with higher levels of household debt, lower savings and diminishing purchasing power.
Active listings for August jumped 18 per cent compared with a year earlier to 17,200, while new listings rose 1.7 per cent to 4,840.
This report by The Canadian Press was first published Sept. 6, 2024.
