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Crypto rewards eye renters who want to save for a down payment
MegPrime launched a rent payment rewards program that returns 2% on any property when paid in MP token, and 10% to 20% at partner communities. About 200,000 units are enrolled, and the company plans a
Texas-based Megatel Homes‘ affiliate and subsidiary, MegPrime, announced it has launched a new crypto-rent-payment rewards program to help renters save for a down payment on a home.
As crypto gains wider adoption across finance and capital investment, housing’s longstanding rent-to-own models enter a new proptech-powered chapter.
Users who pay rent through the MegPrime app can receive hundreds of dollars a month back in rewards in the form of MegPrime tokens (MP tokens), MegPrime’s new cryptocurrency.
Zach Ipour, CEO and co-founder of Megatel Homes, told HousingWire’s The Builder’s Daily that the crypto rewards program will roll out nationally. MegPrime A
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Originally published by Tyler Williams
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