The metaverse has continued to witness a dynamic shift from what it used to be from the very beginning. Now, beyond interacting with an immersive virtual world, emerging metaverse projects are providing real solutions like enabling fractional ownership of real estate through NFT as in the case of Everlodge, or in another instance, addressing the tendency of large language models (LLMs) to produce inaccurate or irrelevant outputs as in the case of Fetch AI. That being said, let’s take a closer look at what these web 3 projects are doing differently to revolutionize virtual reality.
Fetch AI (FET) Solidifies its Position as a Leading AI Service Provider with New Partnership
Artificial Intelligence (AI) has been trending for quite some time, and Fetch AI has consistently managed to stay at the top of the conversation. The AI service provider announced a collaboration with Singularity NFT to combat AI hallucinations using decentralized technology.
The new partnership, among other things, would allow developers to access and combine tools such as Fetch.ai‘s DeltaV interface and SingularityNET’s AI APIs, allowing AI developers to build more decentralized, dependable, and intelligent models.
Following the announcement, Fetch AI price increased dramatically, with the FET token increasing by approximately 4.22% to around $0.68 from its opening price of $0.63. In comparison, the 7-day trade history shows a 29% increase, indicating that the uptrend may continue for some time.
Everlodge (ELDG) Introduces a Virtual Gateway to Real Estate Ownership, Prioritizes Affordable Ownership
Could Everlodge (ELDG) be the next crypto to buy? Everlodge is a real estate investment platform with a single fundamental aim – to revolutionize the way people buy rental properties and enjoy vacation homes. Prior to now, owning a rental property comes at great cost, and for those who are not born with silver spoons, it may take several years of financial discipline to achieve.
For instance, most properties required upfront payments to the tune of hundreds of thousand dollars or even more depending on the location and features. To address these limitations, especially the of having to deal with overwhelming financial burden, Everlodge introduces fractional ownership powered by blockchain technology. As such, users can buy a fraction of $5 million dollars property (for instance) for as low as $100, assuming the property was split into 50,000 fractions.
We're thrilled to announce that our website just got a makeover! 💻
Check out the fresh look and discover the NEW features we've added. It's all about making your experience even better!
Plus, remember that our Presale is still ON.
— Everlodge (@EverlodgeHQ) October 23, 2023
Essentially, by leveraging the transparency, security, and efficiency of blockchain technology, Everlodge provides a seamless and inclusive experience for co-owning holiday homes like never before. Not only that, Everlodge doubles as a hybrid property management platform which makes it even more dynamic for a broad range of users. To put it differently, this platform is bringing real world real estate assets onto blockchain as NFTs.
An interesting part of this project is being able to invest in fractions of these properties, and be able to resell them anytime you like. Since these properties will be digitized into non-fungible tokens, their value automatically rises as the worth of the NFTs increases
Asides from being able to invest in any high-quality home of yours, the native token of the platform is going to attract various incentives like discounts, free nightly stays. $ELDG token can be staked, used to provide liquidity for interests and also used to conclude payments easily. Buy the $ELDG token now for just $0.027 In its ongoing stage 8 presale.
Decentraland (MANA) Dominates the Metaverse, Maintains a Bullish Momentum as it Nears its ATH
Decentraland (MANA) has demonstrated its ability to stay relevant in the metaverse industry, thanks to its timely response to trends and adaptation to new realities. The 3D virtual world browser-based platform has continued to ride on the bullish sentiment in the crypto market with MANA price at $0.508 reflecting approximately 3.5% increase in the last 24 hours and 2.5% in the past 7-days.
While it hasn’t been a smooth ride for the MANA token since it achieved its all-time high of $5.9 more than 2 years ago, recent trends indicate a greater tendency for significant surges. This anticipation is driven by the growing interest in virtual reality and the overall bullish sentiment in the crypto market. For those seeking the best crypto to buy, MANA, alongside new players like Everlodge presents a compelling opportunity.