By Claire Doubleday
Tokenization of property and real-world assets (RWA) is gaining momentum in the web3 space. This trend has spurred several projects, including Everlodge, Mantle, and Cronos, to emerge and offer innovative solutions in this field.
Everlodge: The Airbnb of Crypto
- Everlodge utilizes tokenization and NFTs to fractionalize ownership of hotels and vacation homes.
- Users can purchase a stake in a property for as little as $100, enabling access to luxury accommodations at an affordable price.
- The native token, EDLG, allows holders to book timeshares in luxury hotels and rent out their properties on Airbnb-like platforms.
- EDLG can be staked to earn passive income and contribute to the security of the ecosystem.
Mantle: Empowering the Cryptocurrency Builder Community
- Mantle is a layer 2 blockchain managed by a decentralized autonomous organization (DAO) within the BitDAO ecosystem.
- Supported by notable investors such as Peter Thiel and Founders Fund, Mantle aims to encourage development in the cryptocurrency domain.
- The native token, MNT, serves as the governance token for the DAO and the gas token for transactions on the Mantle network.
- A proposal passed by the BitDAO governance forum allocated a $200 million ecosystem fund dedicated to supporting projects built on Mantle.
Pendle: Tokenizing Yield on Future Assets
- Pendle is a tokenized yield protocol that allows users to access the yield on future assets.
- Upon depositing assets into Pendle, they are split into a principal token (PT) and a yield token (YT), enabling users to engage in various yield-generating strategies.
- Pendle’s integration with Mantle Blockchain further enhances the capabilities of both platforms.
Cronos: Accessing Exciting Tokenization Platforms
- Cronos ($CRO) is the native token of the Cronos blockchain and Crypto.com exchange.
- Cronos supports the purchase of Pendle, providing users with access to its tokenization capabilities.
- Binance has recently added a trading pair for PENDLE, demonstrating its crescente popularity.
Disclaimer: This article provides information about potential tokenization trends and projects. It should not be construed as financial advice or a recommendation to invest in any particular asset. Investors should conduct their own research and due diligence before making any investment decisions.
About the Author
Claire Doubleday is a freelance writer specializing in blockchain technology and cryptocurrencies. With a background in finance and journalism, she provides insightful analysis and commentary on the latest developments in the web3 space.
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Additional Information
- Everlodge Presale: https://www.everlodge.io/
- Telegram: https://t.me/everlodge
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