As the SEC drags its heels again and fails to meet the expected January 3rd deadline for the approval or denial of the Bitcoin ETF, we take a look at projects that are likely to well regardless of the outcome. Everlodge is a property vacation rental RWA project in presale. Injective is another game changer for finance, poised as a layer 1 blockchain that focuses on investing and DeFi, and Arbitrum is perhaps the fastest and lowest fees layer 2 blockchain in use.
Retail Investment Options Will Never Be The Same After Everlodge
For many of us, owning more than one property, or even owning one property, has become a distant dream. The property booms of the last 20 years have put things like owning a vacation home or a rental property out of the reach of most people. Properties continue to be a good investment choice for high net worth persons, since price appreciation continues, and rental yields stay strong.
Everlodge is set to change this. The team behind it is building a platform that will allow ordinary investors to buy fractions of vacation properties worldwide. With say, $1000, an investor will be able to own a global portfolio of properties (well, fractions of each), and receive the corresponding fractional rental income. They will hold ownership via legally binding NFTs. These can also be sold and traded on the Everlodge marketplace, or on Opensea. And as the value of the properties increase, so will the value of the NFTs.
So whether people are hodlers or traders, they will be receiving income along the way.
The RWA (Real World Asset) project is currently in stage 9 of the presale, with its token, ELDG at $0.029. ELDG will be used for things like marketplace discounts, entry into special auctions, staking rewards, paying maintenance fees, and other things. ELDG will launch on Uniswap at $0.039 and a 3000% gain has been predicted.
Injective and AI = Optimum Trading Results
Like Everlodge, who will use AI in order to identify opportunities in the housing market, Injective uses AI to boost effectiveness for dApp users. This ultimately brings cost savings and opens up new avenues for profit.
As an example, decentralized exchanges on Injective could integrate AI algorithms to optimize trading signals and execution. By putting AI models directly in smart contracts, Injective also enables so-called ‘auto-executing smart contracts.’
This means a decentralized exchange on Injective could offer automated portfolio rebalancing for users. The exchange’s smart contracts could integrate an AI model that monitors a user’s asset allocations across their portfolio. When allocations skew outside the user’s predetermined threshold, (such as if Bitcoin increases and becomes 70% of the portfolio), the AI algorithm automatically triggers trades to rebalance back to the target 60% Bitcoin allocation.
This automated execution frees the investor or trader from constant portfolio monitoring while keeping risk and allocations in check. The auto-executing nature cuts time and fees. Injective’s tech removes middlemen and makes Injective a very promising blockchain for 2024 and beyond.
Arbitrum Set to Unlock Massive Growth in 2024
While Ethereum floundered under its own weight in 2023, Arbitrum represents layer 2 salvation. With its lightning-fast speeds, low fees, and EVM compatibility, Arbitrum adoption is poised to erupt in 2024. Key will be its long-awaited token unlock set for March 2024, injecting over 1 billion ARB tokens into circulation. This could introduce some short-term inflationary effects, but ultimately brings Arbitrum to its full decentralized potential.
2024 also holds an intriguing collaboration with Cardano to combine Arbitrum’s layer 2 prowess with the strengths of other chains. As Ethereum’s hefty fees throttle growth, the time is ripe for Arbitrum and its allies to suck the air from ETH’s sails this year.
Like Everlodge, Arbitrum is getting involved with RWAs, with the recent launch of Centrifuge’s RWA lending pools directly on Arbitrum, and Florence Finance also launching RWA products on Arbitrum and Base.