Imagine a world where you can buy fractions of luxury vacation properties around the world, with just a few clicks from your computer. That is the vision Everlodge aims to create. They will do this by tokenizing properties and then selling fractions of NFTs. He continue reading to learn more.
What's so special about real-world asset (RWA) tokenization?
Tokenization of real-world assets, including properties, has become 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 group of investors. This means that retail investors can now own a small fraction of high-value properties, democratizing the property market and allowing 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 asset ownership and trading process.
Additionally, tokenization provides ways to diversify the portfolio. 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 enormous. 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 will grow to a staggering $16 trillion by 2030.
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Everlodge is tokenizing vacation properties so everyone can own them
Working alongside luxury hotel chains and other vacation companies, Everlodge tokenizes and fractionalizes properties around the world, so investors can buy a stake for as little as $100. This not only means that you will benefit if property prices rise, but also that ordinary investors can diversify their wealth across various properties around the world.
Its native EDGL token is on pre-sale at 0.029 and the launch price will be 0.035, which represents an increase of 350%. Expert forecast an increase of 10,000% on launch day.
EDGL is used in the marketplace and offers discounts on real estate NFTs, discounts on maintenance fees, and access to various VIP investment levels, as well as chances to win prizes.
As an EDGL holder, you can stay at one of Everlodge's properties for free, just like a timeshare. Or if you don't have the time or money for that, you can rent out your timeshare to earn passive income. The token can be staked and that provides 10% APRor you can provide liquidity for trading groups and receive bonuses from it.
Everlodge will also have an introductory price that new developers will be able to apply to build new properties for the Everlodge community, meaning they can keep supply and demand for properties in good balance. And also offer good deals to Everlodge holders.
With the hotel industry worldwide worth over $4 trillion, it's clear there's plenty of room for expansion, and by combining RWA tokenization with blockchain and vacation spots, Everlodge could be on to something big.
For more information on Everlodge (ELDG) pre-sale, visit their website.
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Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct extensive research before making any investment decisions. Crypto Basic is not responsible for any financial loss.
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