As more centralized banks have begun collapsing, and as the stability of FIAT currencies has become a lot more questionable, investors and traders have begun looking at the Web3 space for alternative ways through which they can begin making investments.
One of the core blockchain-based projects that initially took a large level of attention from investors is Avalanche (AVAX); however, recently, it has seen a decrease in its value. As such, many of them have begun diversifying with alternatives, such as the presale-stage project Yachtify.
Avalanche (AVAX) Decreases in Value by 10%
The Avalanche (AVAX) project made waves when at the Avalanche Summit, Kaleido announced that they would integrate the high-performance Web3 solution into their platform.
This means that Kalei now supports the Avalanche (AVAX) network, as well as the subnets.
Despite the growth of the ecosystem, the Avalanche (AVAX) cryptocurrency has seen a decrease in its value. Specifically, as of May 4, 2023, Avalanche (AVAX) traded at $17.05. In the last two weeks, the cryptocurrency saw a decrease in its value by 10%, worrying investors.
Yachtify (YCHT) Gains Massive Presale-Stage Following
Yachtify will be a platform where the yachts with the best long-term sale and lease potential will be featured. The owners of these yachts can list them with a minimum of 25% share in order to raise funds.
All of the yachts are publicly listed on national and international databases and are stored in secure ports globally. On top of Yachtify, the yacht in question gets broken down into fractions, and the community can purchase a specific percentage or stake in the yachts.
Then, the users of Yachtify can trade their fractions on the platform or on third-party marketplaces.
Users can use their holdings as collateral as well, to borrow at competitive rates against real-world private yachts.
Moreover, they can get passive income. The yacht in question would get rented out and generate income as a result. The amount an individual investor gets is dependent on the amount they own. If they own 50% of a specific yacht or boat, they can get 50% of the generated income, aside from Yachtify’s fee.
Making The Leap Ahead
Investors are aware of the decrease in value that the Avalanche (AVAX) cryptocurrency is experiencing.
As a result, Yachtify has gained a lot of attention from investors and traders. At its stage one presale, the YCHT cryptocurrency trades at a value of just $0.10. The platform has already been audited by the SolidProof network and, as such, has a high level of security and trust behind it.
The fractional NFTs that are bought on top of Yachtify will also act as proof of ownership and will enable income to be earned from leases or sales of yachts. With all of these aspects in mind, the Yachtify project provides a solid opportunity for cryptocurrency investors and traders.
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