Skip to content

Press Releases are sponsored content and not a part of Finbold's editorial content. For a full disclaimer, please click here. If you encounter any issues, kindly report them to [email protected].

Polygon (MATIC) And The Sandbox (SAND) Lose Momentum As Holders Flock To Everlodge (ELDG)

Press Releases

If you are confused between Polygon (MATIC), The Sandbox (SAND), and Everlodge, this guide can help you arrive at the right decision.

There are many aspects that you must consider before investing. Under the current market conditions, Everlodge is certainly the most profitable investment option.

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

Polygon (MATIC) Collaborates With Italy’s Central Bank

The Polygon (MATIC) network has received a major push, which can increase its popularity and adoption. Recently, Italy’s central bank selected the Polygon (MATIC) network for a project. The collaboration between the bank and Polygon (MATIC) aims to bridge the gap between DeFi and traditional finance institutions.

Earlier, Polygon (MATIC) had joined hands with the Government of Mongolia to provide a blockchain infrastructure for public service delivery. However, these developments have failed to protect the price of Polygon (MATIC) from falling.

The market value of Polygon (MATIC) has plunged by more than 6% in the past week. As a result, Polygon (MATIC) now trades at $0.67. Moreover, Polygon has proposed a major change wherein it will replace MATIC tokens with POL.

The Sandbox (SAND) Suffers Drop On Financial Metrics

The past few weeks have been challenging for The Sandbox (SAND), as the metaverse-based project has struggled to keep its momentum going. Subsequently, the market value of The Sandbox (SAND) has also moved downward.

The trading price of The Sandbox (SAND) has dropped by 9% over the past fortnight. At present, The Sandbox (SAND) is available to trade at $0.42. Besides price, The Sandbox (SAND) has witnessed a 15% drop in its total revenue too. According to experts, a drop in user count has been the primary factor dragging The Sandbox (SAND) down. The data from DappRadar shows that the number of unique active wallets on The Sandbox (SAND) has plunged by 28% in the past month.

Besides, the transactions count on The Sandbox (SAND) has taken a dip of 41%.

Everlodge Posts Mammoth Presale Growth

As per a report, the global vacation rental market size is expected to reach $119 billion by 2030. Encashing this growth opportunity, Everlodge has come up with a new and disruptive blockchain platform.

It is a first-of-its-kind blockchain platform that will enable people to fractionally invest in vacation homes and luxurious hotels for as little as $100. The platform will mint NFTs against real estate properties and fractionalize them. It will allow people to own luxurious villas without spending millions. 

The platform has also planned to introduce Launchpad, where developers will be able to raise capital for new developments from the platform’s community. Besides, people who will co-own properties will also be able to use their NFTs as collateral to get a loan.

ELDG, its native token, is in its presale. Currently, a token costs just $0.01. But, as per projections, its value can soar by 280% during the presale round, and 30x after launch. These tokens will provide holders with several benefits, including discounts, giveaways, and more. 

Users can also stake their tokens to receive a monthly interest and generate a passive income. The project will lock the team tokens for 2 years, and the liquidity pool for 8 years to eliminate any rug pull. 

Another remarkable benefit for the token holders will be free nightly stays. They will get an opportunity to live freely in hotels and villas partnered with the platform. As per project developers, the platform will partner with only well-known hotel chains and luxury properties.

Find out more about the Everlodge (ELDG) Presale




This post is sponsored. Finbold neither endorses nor takes responsibility for the accuracy, quality, advertising, products, or other materials on this page. Readers are strongly encouraged to perform their own research before making any decisions regarding the company. Finbold will not be held accountable, either directly or indirectly, for any harm or loss that may stem from or be linked to the usage or reliance on any information, goods, or services mentioned on the page.