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Everlodge (ELDG), a real estate marketplace, is attracting investor interest. At the same time, despite recent challenges, Cardano remains optimistic. As the year approaches, investors are eyeing these two projects.
Everlodge aims to be a path for real estate investors
Everlodge aims to revolutionize real estate investment by redefining the traditional dynamics of land ownership.
Instead of the conventional “pay and receive” or “partly pay and get” models, the platform introduces a more flexible “pay a fraction and get” approach.
But how does this innovative concept work?
Through the seamless integration of fractional vacation home ownership, timeshare models, and NFTs, Everlodge enables people to become co-owners of hotels, vacation homes, and luxury villas on the blockchain.
This combination opens up new possibilities for investors, offering them the opportunity to participate in the real estate market.
Using nft technology, investors gain access to tokenized fractions of real-life properties, allowing them to co-own properties that are typically out of reach in traditional environments.
The platform's native token, ELDG, is for governance and utility.
Users can purchase a fraction of their dream destination or vacation property using ELDG.
They can choose to resell the same and get more ELDG, which can also be staked for rewards and access to benefits.
In Stage 8 of the pre-sale, ELDG is available for $0.027, down from the listing price of $0.01.
Cardano struggles amid airdrop pursuit
Unlike Everlodge, Cardano struggles to make profits and fluctuates.
At the time of publishing, ADA is changing hands at around $0.58, up 1.66% in the last day and 2.33% in the past week.
Although prices are relatively higher, it remains uncertain whether the bulls will break higher.
However, Cardano and other bullish cryptocurrencies, such as Everlodge, are gaining popularity among investors in 2024.
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