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: investors@metrospaces.com

SOURCE: Metrospaces, Inc.