In the final stretch of 2023, crypto investors are actively searching for new avenues of growth and diversification. In this quest, investors have been focusing their attention on Filecoin (FIL), Fantom (FTM), and Everlodge (ELDG).
This article delves into their fundamentals and growth potential.
Summary
- Filecoin is a decentralized storage protocol aiming to onboard more users and grow
- Fantom is a decentralized finance (defi) solution that may grow in Q4 2023
- Everlodge stands at the intersection of blockchain and real estate
Filecoin: pioneering decentralized storage protocol
Filecoin is a decentralized cloud storage protocol underpinned by proof-of-replication and proof-of-spacetime.
It incentivizes individuals and businesses to contribute their unused storage capacity, fostering a decentralized storage ecosystem.
The cornerstone of the Filecoin ecosystem is FIL, a utility token used to pay for data storage and other services. The coin also serves as a governance token, enabling holders to participate in decision-making.
The rising demand for secure and distributed storage solutions places Filecoin at a vantage position.
Its architecture, coupled with its growing adoption, paints an optimistic outlook for Q4 2023.
With the potential for price growth and increased adoption, Filecoin can emerge as a leader in the decentralized storage realm.
Fantom: a layer-1 platform
Fantom, an open-source decentralized layer-1 smart contract platform, aims to address the challenges of decentralization, scalability, and security.
It caters to decentralized applications (dapps) and digital assets by leveraging an independent consensus layer called Lachesis.
Fantom aims to establish an interoperable network of blockchains. Moreover, its developer-friendly environment, facilitated by rapid and low-cost transactions while maintaining security, has attracted developers and projects.
With a growing ecosystem comprising diverse dapps and non-fungible token (NFT) projects, Fantom can post gains in Q4 2023.
Everlodge: fusing blockchain and property industry
Everlodge merges blockchain technology and real estate, seeking to offer the first co-ownership solution.
In stage 7 of the Everlodge presale, ELDG, the native token, is available for $0.025.
Within the Everlodge ecosystem, users can co-own and fractionally invest in luxury properties.
At the same time, project developers and owners can raise funds or capital.
The protocol also offers a property marketplace and a launchpad.
In the marketplace, real-world properties will be digitized, minted as NFTs, and fractionalized.
By fragmenting asset-backed NFTs, users can fractionally invest in and enjoy co-ownership of vacation homes and luxury villas for as little as $100. Rising prices of real estate property will also drive the value of NFTs.
The launchpad will allow property developers to raise capital for new developments. By providing liquidity for these projects, users can possibly enhance their passive earnings.
As the project gains traction, Everlodge may see more growth and adoption. Accordingly, experts remain bullish, expecting more ELDG gains in Q4.
For more information about the Everlodge (ELDG) presale, please visit the official Everlodge website.
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