Picture a world where you can buy fractions of luxury vacation property all around the world, with just a few clicks from your computer. That’s the vision Everlodge is aiming to create. They will do this through tokenization of properties and then selling NFT fractions. Read on to learn more.
What is so special about tokenizing real-world assets (RWA)?
Tokenization of real-world assets, including property, has emerged as a promising trend in the blockchain and cryptocurrency space. This innovative approach offers numerous advantages and opportunities for investors and asset owners.
One of the key benefits of tokenization is increased liquidity. By converting real-world assets into digital tokens on the blockchain, these assets become more easily tradable and accessible to a global pool of investors. This means retail investors can now own a small fraction of high-value properties, democratizing the real estate market and enabling smaller investors to participate in lucrative ventures.
Tokenization also simplifies the investment process by allowing for seamless transfer and division of assets. This efficiency can significantly reduce management costs and streamline the process of owning and trading assets.
Furthermore, tokenization provides ways for portfolio diversification. Retail investors can now access a wide range of assets that were previously restricted to institutional players.
The potential of tokenization in the real-world asset market is huge. According to Citibank’s research report, the RWA sector is expected to reach a market size of $500 million by 2025, and the Boston Consulting Group projects the sector to grow to a staggering $16 trillion by 2030.
Everlodge is Tokenizing Holiday Property So Everyone Can Be a Landlord
Working together with luxury hotel chains and other holiday companies, Everlodge tokenizes and fractionalizes properties around the world, so that investors can buy a stake for as little as $100. Not only does that mean that you profit if property prices rise, but also that ordinary investors can diversify their wealth in various properties around the world.
Their native token EDGL is in presale at 0.029 and the launch price will be 0.035, which is a 350% increase. Experts forecast a 10,000% increase on the launch day.
EDGL is used in the marketplace and provides discounts on property NFTs, discounts on maintenance fees, and access to various VIP investing levels, as well as chances to win prizes.
As an EDGL holder, you can stay in one of Everlodge’s properties for free, like a timeshare. Or if you don’t have time or money for that you can rent out your timeshare for some passive income. The token can be staked and that provides 10% APR, or you can provide liquidity for the trading pools and receive bonuses from that.
Everlodge will also have a launch price that new developers can apply to build new properties for the Everlodge community, meaning that they can keep the supply and demand of properties in good balance. And also offer good deals to Everlodge holders.
As the hospitality industry worldwide is worth over $4 trillion, it’s clear that there is a lot of room for expansion, and by combining tokenization of RWA with blockchain and vacation spots, Everlodge could be onto something big.
For more information about the Everlodge (ELDG) Presale, visit their website.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
