Cardano’s Ecosystem vs Everlodge: A Comprehensive Comparison Of 2 Top Cryptos

As ADA price steadily drops in value since the middle of June, what does the future hold for the coin and Cardano blockchain? How does this compare to the future of Everlodge? – A new project that promises to let people become vacation property investors with small amounts of capital.

Join the Everlodge presale and win a luxury holiday to the Maldives

What’s Going on With Cardano’s Ecosystem and Roadmap

The Layer 1 blockchain Cardano has been smashing records lately, surpassing all networks in terms of developer activity, as demonstrated by data from Santimant. NFT floor prices have also been rising, in contrast to Ethereum. However, Cardano’s total market share of the NFTs is still a fraction of Ethereum.

Cardano is in the final stage of the five pillars of its roadmap – the Voltaire phase. Voltaire is about deciding the rules and who gets to decide things. 

There are millions of people using Cardano around the world. So how can they all agree on important choices? That’s what Voltaire handles. Voltaire will let the Cardano community make decisions together. They will vote on what projects and ideas are important.

There will also be a Cardano treasury. Some newly created ADA will go into the treasury. Then the community can vote on how to spend the money in the treasury.

Voltaire is really important. Without good rules, people may fight and disagree and then Cardano could even fork into two separate networks. Voltaire lays down the rules so that doesn’t happen.  

Once Voltaire starts, the Cardano users will be in charge, not the original Cardano creators. This is true decentralization. The community will vote and make the choices.

With an array of dApps now on Cardano and with Hydra, the Layer 2 scaling solution they are building, it might soon be time for Cardano to finally bloom.

Exploring the Everlodge ecosystem

The main idea of Everlodge is to allow people to easily invest in co-ownership of vacation properties, and receive yields, no matter where they are located or how much capital they have. 

The Everlodge ecosystem is designed with four core elements in mind:

An app with a marketplace. This will enable people to easily trade fractionalized NFTs backed by real estate, providing tools like historical data, surveys, and research reports so that investors can make informed decisions. Everlodge will focus on liquidity, meaning people can seamlessly trade, buy and sell properties as they wish.

A launchpad for developers. This lets real estate developers and hotels obtain funding from the community in exchange for equity and debt. Everlodge will do due diligence on developers seeking funding.

A lending platform. Everlodge will offer low-interest loans to people who want to use their NFT property ownership as collateral. They also plan to allow their community to fractionalize their own homes in exchange for equity.

$ELDG is the token that underpins the ecosystem. ELDG will be used to purchase properties via the marketplace and to pay for maintenance fees. Those who choose to pay with ELDG will unlock discounts. ELDG will be stakable at 10% APR. There are other benefits for holders such as complimentary holiday stays, services, and a membership club. 

Everlodge is in beta of its presale at ELDG is currently on offer at $0.01, with a minimum launch price of $0.038.

Behind all of this of course is the leg work involved in the actual tokenization of properties on the blockchain. Deeds and other important details are obtained by Everlodge. They will be stored in the metadata of the NFT that represents the hotel, bungalow or villa, ensuring safety and ease for investors.

All in all, this seems like a solid ecosystem that has token utility and offers potentially valuable features to retail investors.

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge