Everlodge will mint NFTs against luxury vacation homes. Next, it will fractionalize these NFTs, and allow people to purchase them in smaller units. The USP of the project lies in the fact that the price of the NFTs is directly proportional to the value of real estate.
Since the real estate market is well-renowned for guaranteed price appreciation, the NFTs’ value will always increase. The owners of these NFTs can also use them as collateral to get short to medium loans. The platform also plans to introduce the Launchpad, where developers can raise money for their upcoming projects.
It will also benefit users by allowing them to invest in projects early, tomaximize their ROI. The platform has begun the Beta stage of its presale, with a price of $0.01. The platform aims to raise $12 million during the presale.
It follows a dynamic pricing model, and the value of ELDG tokens will increase at each presale stage. Notably, the market value of the project can rise by 280% during the presale round. Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times.
Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
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