Metrospaces, Inc. Announces Transformational Agreement Marking Its Corporate Rebirth
MWN-AI** Summary
Metrospaces, Inc. (OTC: MSPC), a PropTech firm specializing in AI-driven property management and real estate tokenization, has announced a significant agreement that marks a pivotal moment in its corporate evolution. On October 15, 2025, the company signed a Letter of Intent with Genesis Holdings, Inc. (OTC: GNIS) for the sale of two key assets: MetroCrowd, a blockchain real estate tokenization platform, and MetroHouse, an AI-enhanced property management tool. In exchange, Metrospaces will receive $1 million in convertible preferred stock, paving a new financial pathway for its revival.
While these platforms have been hindered by financial challenges and remain undeveloped, their future will be secured under the Genesis umbrella, which aims to relaunch and operationalize them shortly. Metrospaces will retain its core project, Abode Stays, which focuses on upscale short-term rentals across Europe and the Americas, signaling a strategic realignment.
The agreement also includes a managerial transition, with Metrospaces CEO Oscar Brito set to assume the CEO role at Genesis upon finalization of the deal. This move promises operational clarity and synergy, strengthening both companies’ missions moving forward.
Metrospaces has expressed gratitude toward its steadfast shareholders, emphasizing resilience throughout a tumultuous journey. This new partnership is framed as a crucial step towards capital access, operational restructuring, and ultimately a successful relaunch of its innovative technology offerings.
As both Metrospaces and Genesis prepare to unveil new objectives and platforms in the coming weeks, they have pledged a commitment to enhancing operational efficiencies and transparency in the real estate sector, thus positioning themselves favorably in the evolving market landscape.
MWN-AI** Analysis
Metrospaces, Inc. (OTC: MSPC) has recently made headlines with its strategic agreement to sell its key assets, MetroCrowd and MetroHouse, to Genesis Holdings (OTC: GNIS) for $1 million in convertible preferred stock. This move marks a pivotal moment for Metrospaces, which has struggled with financial constraints while striving to launch these innovative platforms in the PropTech sector.
The partnership with Genesis Holdings, a dynamic entrepreneurial firm, aims to reactivate both assets under a stronger operational umbrella. This merger not only positions Metrospaces for a resurgence but also aligns with its long-term strategy to focus on its flagship project, Abode Stays, which targets high-end short-term rentals.
For investors considering Metrospaces, this agreement signifies a potential inflection point. With $1 million in convertible preferred stock, Metrospaces is gaining liquidity and pathways for future growth, presenting itself as a company with renewed vigor and a concrete business plan. The appointment of CEO Oscar Brito as CEO of Genesis after the transaction closes highlights a commitment to operational clarity and synergy, which can be critical for the execution of their real estate tech missions.
Investors should watch how the anticipated re-launch of MetroCrowd and MetroHouse unfolds under Genesis, as this could redefine both companies’ trajectories in a rapidly changing real estate landscape. Regulatory risks and the success of securing funding remain critical factors, but the revitalized vision and direction of Metrospaces provide a compelling investment narrative.
As the market evolves and competition intensifies, maintaining a long-term perspective while monitoring developments in both companies will be crucial. Metrospaces currently stands at a crossroads, and if it successfully leverages this transformational agreement, it could yield significant returns for its stakeholders.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
NEW YORK, NY - October 15, 2025 (NEWMEDIAWIRE) - Metrospaces, Inc. (OTC: MSPC), a PropTech company focused on AI-based property management and real estate tokenization, today announced the signing of a Letter of Intent with Genesis Holdings, Inc. (OTC: GNIS), to sell two of its valuable assets - MetroCrowd, our blockchain-based real estate tokenization platform, and MetroHouse, our AI-powered property management software - to Genesis Holdings, Inc. In return, Metrospaces will receive $1 million in convertible preferred stock from Genesis, establishing the first true value-based path to rebuilding the company. The letter of intent is subject to the successful negotiation and closing of a definitive agreement.
These two platforms, long envisioned but never launched due to financial constraints, will now be activated under the Genesis umbrella. Genesis is a dynamic entrepreneurial company that will now house and relaunch MetroCrowd and MetroHouse in the coming weeks, serving as a publicly traded operational partner aligned with Metrospaces in rebuilding these extraordinary assets.
Metrospaces, meanwhile, retains its flagship project - Abode Stays - a premium hospitality platform focused on high-end short-term residences across Europe and the Americas.
Metrospaces is now positioned to reemerge with real access to funding, a real business plan, and a real path to full relaunch.
In alignment with this strategy, Metrospaces CEO Oscar Brito will be named CEO of Genesis Holdings once the transaction closes, ensuring full transparency and synergy across both companies. This structure creates operational clarity, cost efficiency, and a united front in executing on both Metrospaces’ and Genesis’ missions.
The Road Ahead
We thank our long-standing shareholders for their resilience and belief. This has not been an easy journey. But we never gave up. And now, with fire at our back and structure beneath our feet, we are walking forward again.
Expect more. Expect better..
About Metrospaces, Inc.
Metrospaces, Inc. (OTC: MSPC) is a next-generation PropTech company focused on AI-powered property management and compliant real estate tokenization through SEC-registered or exempt security token offerings (STOs). With a global vision and deep industry roots, Metrospaces is focused on redefining real estate operations, transparency, and ownership.
Website: (New site coming soon)
X (formerly Twitter): @Metrospaces
About Genesis Holdings, Inc.
Genesis Holdings, Inc. (OTC: GNIS) is an entrepreneurial platform company that will operate MetroCrowd and MetroHouse, two next-gen real estate technology platforms acquired from Metrospaces. Genesis is aligned with Metrospaces in relaunching these platforms in the coming weeks. Both the Metrospaces and Genesis websites are currently being renewed and will launch shortly.
Website: (New site coming soon)
X (formerly Twitter): @regnisnyc
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggest,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements.
Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, the failure to retain management and/or key employees, availability and the cost of capital, success of growth initiatives, limited operating history, failure to successfully close on the transactions set forth within the letter of intent, failure to raise sufficient capital, and other risks discussed in our filings with the OTC Markets.
Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Affluence Corporation assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Media Contact:
Email: [email protected]
SOURCE: Metrospaces, Inc.
FAQ**
How will the acquisition of MetroCrowd and MetroHouse enhance the strategic positioning of Metrospaces Inc MSPC in the PropTech sector amid evolving market dynamics?
What measures are being taken to ensure the successful relaunch of the platforms under Genesis Holdings, Inc., and how will this impact Metrospaces Inc MSPC's operational efficiency?
Considering the importance of capital in real estate ventures, how does the $1 million in convertible preferred stock from Genesis Holdings, Inc. support Metrospaces Inc MSPC's growth strategy?
What plans does Metrospaces Inc MSPC have for its flagship project, Abode Stays, following the agreement to sell its other assets to Genesis Holdings?
**MWN-AI FAQ is based on asking OpenAI questions about Metrospaces Inc (OTC: MSPC).
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