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Crypto-powered incentive program introduced by Dallas homebuilder

Crypto-powered incentive program introduced by Dallas homebuilder

Aerial view of new homes in various stages of construction in the Megatel Homes Soho Square development in West Dallas in 2023. (Smiley N. Pool/Staff Photographer)
Aerial view of new homes in various stages of construction in the Megatel Homes Soho Square development in West Dallas in 2023. (Smiley N. Pool/Staff Photographer)

A platform tied to a Dallas homebuilder launched a crypto-backed payment and rewards program that could be a pathway for homebuilders into the world of cryptocurrency.

MegPrime, a payment platform powered by its own digital currency, launched its app and incentive program on Wednesday.

The incentive program offers incentives up to $15,000 to homebuyers while their home is under construction. The program uses cryptocurrency as an interface in one of the first instances of cryptocurrency being used by a homebuilder in this way.

MegPrime’s launch was…

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