Everlodge has recently entered its presale phase, sparking significant interest from holders of The Sandbox and Injective. This presents an exciting opportunity for early adopters to get in on the ground floor of what is predicted to rise by 5,000% during 2023. Let’s take a look at what’s happening.
Everlodge (ELDG): The New Platform Causing FOMO Among Sandbox (SAND) and Injective (INJ) Holders
As the world’s first platform to weave fractional vacation home ownership, timeshare, and NFT technology, Everlodge is redefining the way people invest in and enjoy premium properties.
How does it work? The process starts by digitizing hotels, vacation homes, and luxury villas into NFTs. This means transforming the physical property into a digital asset, where all critical details are stored in the smart contract’s metadata.
Once the property is minted into an NFT, it can be fractionalized into smaller parts. This enables users to invest in a piece of a luxurious villa or hotel, without buying the entire property. As the underlying real estate value grows, so does the worth of the corresponding NFT.
Beyond just buying and holding, Everlodge provides an entire ecosystem of interconnected elements. One standout feature is the Rewards Club, where members can earn free stays at properties within the platform’s network. Depending on their membership tier, users can enjoy a specific number of complimentary nights annually, or even resell those nights for additional income.
Everlodge takes the concept further with a lending mechanism. Co-owners of properties can leverage their NFT holdings as collateral to secure short-to-medium-term loans. This flexibility adds yet another layer of appeal to the platform.
The heart of the Everlodge system is the ELDG token, the platform’s native utility token. Members can utilize ELDG tokens for discounts on property purchases, staking for passive income, and earning loyalty rewards.
Currently, ELDG is available at the low price of $0.010 during the first phase of the presale event, and the price is set to increase in each following phase. Analysts are bullish on the token, projecting a 280% increase during the presale and a 30-fold surge on launch day.
Sandbox (SAND): A Possible Rebound or Continued Descent?
Though hailed for its groundbreaking concept of enabling players to create, own, and monetize their virtual experiences, The Sandbox’s digital shine has dulled. The Sandbox now sits a staggering 96% below the all-time high at just $0.40.
This decline is no fluke but a mirror reflecting a sharp drop in user intrigue and engagement. A comparison of 6,000 on-chain transactions on January 8th, 2022, to below 70 at present illustrates the fading appeal.
Market crypto-watchers are highlighting a potential lifeline at the $0.37 support zone. This support needs to hold or The Sandbox could face further drops to the $0.15 region. With all of this bearish sentiment, it is no wonder Sandbox holders are eager to purchase ELDG tokens during the presale.
Injective (INJ): The Race to the $10 Threshold and Beyond
During the euphoric bull run of 2021, Injective catapulted from an underwhelming $0.76 to a stunning $24.00 within the blink of a few feverish months. Investors were attracted by the potential of Injective to become the leading blockchain platform in Asia.
Yet, the savage bear market of 2022 dragged Injective to a yearly low of $1.20. In a triumphant comeback, Injective clawed its way back to a promising $10.00 in early 2023 – marking a remarkable 50% revival in just two weeks.
However, breaking the $10 is proving difficult as Injective faces relentless resistance. The legalization of crypto in Hong Kong was responsible for Injective’s recent surge, but a lack of momentum in the region is now holding it back.
As such, holders of Injective have been quick to jump on the presale offering of Everlodge. This is their chance to take gains from their position in Injective and multiply them as the ELDG token price increases throughout the presale.
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