In August, crypto enthusiasts have their eyes on Arbitrum (ARB), Everlodge (ELDG), and Hedera (HBAR) primarily because of their propositions and potential. Notably, Everlodge is drawing attention as it is currently in its presale phase, and investors can buy its native token, ELDG, at a discount.
Everlodge aims to transform the real estate landscape
Everlodge aims to fuse fractional ownership, timeshare models, and non-fungible tokens (NFTs), shaping how people interact with the luxury real estate market.
Here’s a deeper insight into how it works:
- Digitizing properties as NFTs: luxury properties like hotels and villas are converted into NFTs with every detail securely embedded within the metadata of corresponding smart contracts. This ensures transparency and trust in the property details.
- Fractional ownership: Everlodge allows investment in fractions of NFTs. This means that the dream of owning part of multi-million-dollar properties has been democratized and is no longer a preserve of the rich. With as little as $100, anyone can become a stakeholder.
- Rewarding participation: the Rewards Club adds an extra layer of excitement, offering members free stays across Everlodge’s network and the potential to earn passive income through reselling these privileges.
- ELDG token utility: the token fuels the entire ecosystem, offering benefits ranging from property discounts to staking rewards and eligibility for various loyalty perks.
- Dynamic pricing in presale: ELDG will be introduced at $0.01 in the first phase, but there will be an incremental increase. Early investors could stand to benefit.
Everlodge’s approach is not only carving a niche but has the potential to redefine real estate investment altogether. As a pioneer in combining blockchain with fractional ownership and timeshare, Everlodge may grow in the future.
Arbitrum is Ethereum’s scaling beacon
Arbitrum is a layer-2 scaling solution for Ethereum with a total value locked (TVL) of $5.6 billion, eclipsing Polygon, a sidechain.
Supporters are bullish on ARB and expect prices to soar above $1.81 in the near future.
Hedera is firm but trails Everlodge
Hedera blends proof-of-stake and hashgraph technologies for higher transaction speeds, scalability, and decentralization.
What’s distinctive about Hedera is its governance model. A council of 39 global entities, including tech giants like IBM and Google, is at the helm of its decision-making process. Critics might argue that such a setup leans towards centralization. However, these firms lend credibility to Hedera.
From a price perspective, HBAR has been firm, rising from $0.035 to $0.098 in six weeks. Although it has been retracing in recent weeks, holders remain bullish.
Analysts agree but note that though HBAR is firm, it trails ELDG’s performance in the ongoing presale.
Find out more about the Everlodge (ELDG) presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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