Explore three compelling reasons why Everlodge (ELDG) has the potential to become a cryptocurrency unicorn and reach a staggering $10 billion valuation.
The cryptocurrency industry has raised very successful companies that have raised millions, but only a few achieve unicorn status. Projects that achieve this status often launch with unique use cases to transform their respective sectors. Everlodge (ELDG) is one of these projects. Find out why crypto experts are bullish about the chances of this new project becoming a $10 billion crypto unicorn.
What is Everdoge (ELDG)?
Everlodge (ELDG) is a property marketplace that is set to revolutionize the timeshare market through its innovative hybrid property co-ownership model. Interestingly, users can invest in different properties like vacation homes, hotels, and luxury villas.
First, the platform will digitize and mint these properties as NFTs which can be sold to users in fractions. This model will allow its users to own multi-million dollar vacation homes for as little as $100.
As the value of the properties increases, the value of the NFT will increase as well. Meanwhile, there are other exciting features on the platform such as rewards, bonuses, staking, and discounts. Below are three reasons why Everlodge could transform into a $10B crypto unicorn:
- Unique Market Positioning
This new project stands out in the crypto space due to its trailblazing concept of NFTs and fractionalization. NFTs are the future of digital ownership and are very secure as they are stored on the blockchain.
Everlodge is the first company in the world to combine home ownership, NFTs, and timeshare models. It could disrupt the traditional timeshare market and tap into the global real estate market worth over $280 trillion.
- High-Growth Markets
According to statistics, the hospitality industry is a booming market and is worth over $4.548 trillion. Additionally, the vacation rental market is projected to grow at a CAGR of 4.7%.
These statistics show that the demand for unique and accessible real estate investment opportunities is on the rise. As a result, Everlodge hopes to capitalize on the booming global hospitality and vacation rental markets.
The platform can use blockchain technology and fractional NFT ownership to attract investors and expand its user base. Unlike other estate platforms, investors can co-own luxury villas, vacation homes, and hotels on Everlodge. Consequently, this will drive exponential growth in asset value.
- Comprehensive Ecosystem and Utility Token
Everlodge's ecosystem offers a range of services and benefits for its users. The ecosystem comprises a launchpad, marketplace, rewards club, and lending options. The Everlodge marketplace is a place where users can buy, sell, and invest in fractional real estate assets.
The Everlodge launchpad is a place where users raise capital for new developments. Also, the rewards Club is another exciting feature. Users with unused nights can even resell them for passive income.
Everlodge: A Promising Opportunity for 2024
There is ELDG, Everlodge's native utility token. ELDG holders enjoy discounts, rewards, and staking opportunities. These benefits will drive growth and community development on the platform.
Everlodge is currently in stage 7 of the presale and is available at $0.025 per token. There are only 3 stages left until listing.
Find out more about the Everlodge (ELDG) Presale Today