Decentraland or The Sandbox? Everlodge Presale Growth Projection Steals Limelight
Experts say that too much reliance on hype and speculations can lead to severe losses for crypto projects. The steep fall of hype-based metaverse projects like Decentraland (MANA), and The Sandbox (SAND) in recent months is a good example.
On the other hand, utility tokens with real-world applications always stay profitable irrespective of market conditions. Therefore, the presale launch of Everlodge has become the talk of the town. Besides, analysts predict this project’s value to rise by 30x in the coming months.
Join the Everlodge presale and win a luxury holiday to the Maldives
Decentraland (MANA) Launches Month-long Celebration
To encourage users to interact with its metaverse, Decentraland (MANA) has launched a new event. Recently, Decentraland (MANA) kicked off a 4-week celebration of the humble emote.
Throughout this month-long celebration, Decentraland (MANA) users will be able to engage with emote spaces, enter competitions, attend workshops, and many more. Earlier, Decentraland (MANA) had launched user-made emotes in September 2022. However, the network growth of Decentraland (MANA) has been under tremendous strain.
Subsequently, the price of Decentraland (MANA) has dropped by 27% in the past 30 days. At press time, Decentraland (MANA) is changing hands at $0.30.
The Sandbox (SAND) Adds A New Gaming Experience
The Sandbox (SAND) has welcomed a popular game to its metaverse. Recently, The Sandbox (SAND) and ZeptoLab joined hands to bring a new Cut the Rope-themed experience to the metaverse. Named the Om Nom Social Hub, this new experience is the combination of the Cut the Rope franchise, and the virtual world of The Sandbox (SAND).
However, despite this new development, The Sandbox (SAND) has not been able to witness a rise in its price. The market value of The Sandbox (SAND) has tumbled by more than 22% over the past month. Consequently, The Sandbox (SAND) is available to trade at $4.77. Analysts believe that a decline in the number of unique wallet addresses has been the primary reason behind The Sandbox’s (SAND) latest fall.
Everlodge (ELDG) Becomes New Blue-Chip Project
According to industry reports, the size of the global vacation rental market can mount to $315 billion by 2031. Now, a new blockchain platform, Everlodge, has entered the market to cater to, and disrupt the real estate sector. It is the world’s first Web3 platform that enables users to own hotels, vacation homes, and luxury villas for as little as $100.
The new platform will digitize real-world properties, and mint non-fungible tokens against luxury vacation homes. Thereafter, the platform will fractionalize the NFTs to help investors purchase them in smaller quantities.
The market price of the NFTs will depend on the value of real estate properties; hence, their value is bound to increase. Moreover, the value will remain immune to any market crash.
A noteworthy element of its ecosystem is access to the Rewards Club. In this club, users can earn free stays across all properties, and hotels registered with the platform. Users can also obtain a loan using their non-fungible tokens as collateral. ELDG will be its native cryptocurrency of the ecosystem.
The Beta stage of the token’s presale has begun, and the current buying price of a token is $0.01. According to analysts, the value of the project can jump by 280% during the presale phase.
Additionally, there will be no tax on the purchase of the presale tokens. So, if users buy an ELDG token now, they can get the maximum benefit upon launch.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge