MetaNation is a decentralised used luxury car marketplace where people can trade or rent cars.
Used car prices have soared by hundreds of pounds this year as more people are buying second-hand vehicles. One popular model has increased 57% in price since 2019 as a shortage of new cars means more drivers are interested in older cars. Metanation aims to target used luxury car market which is also growing at a similar rate and owners of such cars are already investing into crypto. It will act a marketplace that will charge some percentage once it establishes a certain audience. At the moment the only cost the seller or buyer has to pay is the gas fee which is minuscule on Polygon chain. The proceedings from the marketplace will be utilised to create greener sources of transport options later on.
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