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Everlodge: Revolutionizing Real Estate with NFTs and Fractional Ownership | Arbitrum and Hedera Also in Focus




August Cryptocurrency Highlights: Arbitrum, Everlodge, and Hedera

August Cryptocurrency Highlights: Arbitrum, Everlodge, and Hedera

Introduction

In August, the focus of cryptocurrency enthusiasts is on Arbitrum (ARB), Everlodge (ELDG), and Hedera (HBAR) due to their proposals and potentials. Notably, Everlodge is currently in the pre-sale phase and investors can buy their native token ELDG at a discount.

Everlodge aims to transform the real estate landscape

Everlodge aims to consolidate fractional ownership and timeshare models using non-fungible tokens (NFTs), transforming how people interact with the luxury real estate market.

How It Works

  1. Digitize properties such as NFTs: Luxury real estate like hotels and villas are being converted into NFTs with all details securely embedded in the metadata of corresponding smart contracts. This ensures transparency and trust in the property details.
  2. Partial ownership: Everlodge allows investment in fractions of NFTs, democratizing the dream of owning a part of a millionaire-dollar property. For less than $100, anyone can become a stakeholder.
  3. Participation rewards: Everlodge’s Rewards Club adds an extra layer of excitement, offering members a free stay via Everlodge’s network and the possibility to earn passive income through the resale of franchises.
  4. ELDG token feasibility: The ELDG token powers the entire ecosystem, offering benefits ranging from property staking discounts to rewards and eligibility for various loyalty privileges.
  5. Dynamic pricing in pre-sale: ELDG will be offered at $0.01 in the first phase, but there will be a gradual increase. Early investors can benefit from this.

Everlodge’s approach has the potential to redefine real estate investment. As a leading company in blockchain combined with fractional ownership and timeshares, Everlodge may continue to grow in the future.

Arbitrum is an Ethereum scaling beacon

Arbitrum is a layer two scaling solution for Ethereum with a total value locked (TVL) of $5.6 billion, outperforming Polygon and Side Chain.

Supporters are optimistic about ARB and expect prices to rise above $1.81 in the near future.

Hedera is assertive, but follows Everlodge

Hedera blends sharing and segmentation technologies for higher transaction speeds, scalability, and decentralization.

What sets Hedera apart is its governance model, with a council of 39 global entities including tech giants like IBM and Google participating in the decision-making process. Critics argue that such a setting tends towards centralism, but these companies lend Hedera credibility.

From a price perspective, HBAR has been assertive, rising from $0.035 to $0.098 in six weeks. Although it has experienced a slight decline in recent weeks, owners remain optimistic.

Analysts agree that HBAR is strong, but note that it trails ELDG’s performance in the continuous pre-sale.

Find out more about the sale of Everlodge (ELDG):

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge


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Adrian Ovalle
Adrian Ovalle
Adrian is working as the Editor at World Weekly News. He tries to provide our readers with the fastest news from all around the world before anywhere else.

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