Shares of Metatron (OTCMKTS:MSPC) closed lower on Monday after the company announced an agreement with real estate blockchain platform.
Market Reaction
On Monday, MSPC stock moved lower by 12.50% to $0.0003 with more than 135 million shares, compared to its average volume of 209.22 million shares. The stock has moved within a range of $0.0003 – 0.0004 after opening trade at $0.0004.
Metatron Announces Agreement with Real Estate Blockchain Platform
Mobile and web technology pioneer that has been engaged in developing more than 2,000 mobile apps, Metatron (OTCMKTS:MSPC) on December 20, 2021, announced reaching an agreement with Metrospaces for marketing MetroCrowd Real Estate TokenizationPlatform App.
Having generated millions of downloads,Metatron has been engaged in serving top-tier clients and has several apps reaching the top 20 on iTunes.
MetroSpaces has done a MetroCrowdBlockchain Tokenization Platform, that would enable real estate owners to offer assets to investors.
The company will be providing complete KYC compliance, community management as well as marketing for property owners. Property Tokenization will reduce the number of high-cost barriers of entry into the 10.5 trillion dollars managed real estate market.
It is anticipated that the global real estate by 2025 will be yielding revenue of a minimum of 4.2 billion dollars through tokenization investments.
MetroHouse, an Airbnb-type marketplace developed by the firm is meant for custom living that caters to the needs of the people wanting to work from home with all amenities. Metatron will be facilitating the market through both consulting as well as apps.
The company said it is honored on working with Metrospaces on its revolutionary Proptech apps as well as blockchain technology democratizing real estate investing. The firm is planning to introduce a new Energy Boosting BioHack app by the Holiday season.
Traders Review
MSPC stock is trading below the 20-Day and 50-Day Moving averages of $0.0004 and $0.0005 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.0011.
