In the realm of digital finance, Cardano (ADA) and Avalanche (AVAX) giants have been drawn to the monumental $230 Trillion potential of Everlodge (ELDG). This potential is not just an imaginary figure but a testament to the disruptive capability of Everlodge, a project currently in its presale phase. Let’s examine how this project is poised to revolutionize the real estate sector.
Join the Everlodge presale and win a luxury holiday to the Maldives
Everlodge (ELDG): A Paradigm Shift in Property Ownership
Everlodge is revolutionizing the real estate industry by ingeniously blending fractional ownership of vacation homes, timeshare concepts, and NFT technology. This innovative approach offers a unique opportunity to invest in and enjoy luxurious properties in a completely new way, setting new standards in elite property ownership.
So, what’s the mechanism behind it? It all starts by converting hotels, luxurious villas, and vacation homes into digital assets or NFTs. These NFTs encapsulate the entire essence of the physical property, with vital details securely embedded within the metadata of the smart contract.
Following the digital transformation, it is now possible to subdivide properties into smaller fragments. The beauty of this system lies in the fact that as the intrinsic value of the real estate increases, the value of the corresponding fractionalized NFT also increases.
Everlodge is a multifaceted ecosystem brimming with features. A notable highlight is the Rewards Club, which lets members savor complimentary stays at various properties within the platform’s array. Depending on their tier, users can indulge in a designated number of free nights yearly or market those nights for a profit.
The ELDG token, Everlodge’s proprietary utility token, serves as the operational core of the system. Utilizing ELDG tokens, members can secure discounts on property transactions, stake for consistent revenue, and accumulate loyalty perks.
Everlodge is currently in its presale phase and is offering a lucrative opportunity to be a part of the transformative wave in the real estate sector. The current rate of $0.018 is an increase of 80% since the beginning of the presale, with over 90 million ELDG tokens already purchased.
According to experts, the value of ELDG tokens is expected to rise rapidly and reach $1.00 once they are listed on top exchanges. This means that if these predictions turn out to be true, early supporters who contributed during the presale could see a return of 4,400% on their investment.
Cardano (ADA): Analyzing Current Valuations and Market Standing
Cardano is a blockchain platform founded by Charles Hoskinson, one of the co-founders of Ethereum. The impressive team and technology stack behind Cardano have propelled it to a market cap of $91.87 billion and a token price of $3.09 in 2021.
However, Cardano’s present valuation of $0.2462 represents a fall of 92% from the highs of 2021. The recent decline of over 30% in just two months shows that the bearish sentiment still prevails for Cardano’s ADA token.
Despite Cardano’s strides in Africa and pilot schemes with New Balance, its TVL lingers at just $151 million. In comparison, Ethereum towers with a colossal $30 billion TVL, and even Tron, which boasts a $5.5 billion TVL, has overshadowed Cardano.
The crypto community is impressed by Cardano’s technology but believes it is time for actual adoption and growth. There is a need for real-world use cases to justify Cardano’s current $8 billion market cap; otherwise, there may be another steep decline in ADA’s value.
This perception has influenced a section of Cardano investors to consider the Everlodge presale, especially with tokens available at a lower rate. The chance to mimic Cardano’s 2020/21 bull run for ELDG tokens is a real possibility, given its strong use case and the potential to capture a slice of a $280 trillion market.
Avalanche (AVAX) Enthusiasts Eyeing Everlodge (ELDG)’s Promise
Avalanche is a fast and highly scalable blockchain platform founded by Emin Gün Sirer, a renowned computer science professor at Cornell University. Like Cardano, it uses proof-of-stake (PoS) consensus but with subnets that facilitate the creation of specialized blockchains.
By January 2021, Avalanche reached an impressive peak of $146, commanding a staggering market cap of over $30 billion. Avalanche holders believed the platform was poised to dominate Ethereum’s market share and become the go-to platform for decentralized finance (DeFi) projects.
However, just like Cardano, Avalanche has seen a sharp decline in value. Its price now stands at $8.95 with a market cap of $3.17 billion, representing a 93.88% drop from its all-time high.
As whispers in the market suggest a possible further slide to around $3.50, many Avalanche enthusiasts are setting their sights on Everlodge. With the phase-3 presale already 50% sold out, there is a limited time left to secure ELDG tokens at the $0.018 rate.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Source: https://www.analyticsinsight.net/cardano-ada-and-avalanche-avax-titans-lured-by-everlodge-eldgs-colossal-230-trillion-potential/