Each unit will be worth $100, which represents a portion of the property. If the price increases by 10%, the price of the NFT will also increase.
New real estate token hits the market: how to invest
The real estate sector is one of the largest markets in the world, valued at more than $280 billion. However, The impossibility of investing low amounts left out many minority investors. Everlodge appeared in the crypto world.
In particular this company is building a blockchain marketplace for real estate. The platform will work with Web 3 and NFT and can be invested from $100.
For example, a luxury villa valued at US$3 million in Miami. Through fractionation, the asset will be fragmented into 30,000 NFTs.
Each unit will be worth $100, which represents a portion of the property. If the price of the villa increases by 10%, the price of the NFT will also increase.
This is a co-ownership model. NFT holders will also have the opportunity to win great rewards. If you enter the Everlodge pre-sale you will be raffled off for a luxury vacation in the Maldives.
The Everlodge token is now trading at $0.025. However, with this unique concept, analysts predicted that ELDG could soon rise to $0.50.
Source: Ambito
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