As crypto mourns the loss of the dog that inspired the meme behind Dogecoin and Shiba Inu, we look at their potential. We also look at newcomer Everlodge, a project that’s been dubbed the Airbnb of crypto.
Join the Everlodge presale and win a luxury holiday to the Maldives
Dogecoin’s Balltze Goes to Doggy Heaven
Balltze, fondly named Ball Ball, is the Shiba Inu dog who inspired the meme Cheems, which became the face and spirit of Dogecoin and Shiba Inu. The Dogecoin Foundation issued a news release expressing their sympathy and sadness and discussing the history of the meme. Balltze sadly passed away on the 18th of August after losing a battle with cancer.
Balltze will live on through Dogecoin and Shiba Inu. But what is the future for Dogecoin?
Doge is well-loved by Elon Musk and the community. But in terms of development and tokenomics things look discouraging. The Dogecoin foundation hasn’t posted on their blog since the end of 2022 and there has been no notable developer activity.
And while their website defends their uncapped tokenomics on the basis that daily inflation is capped, we weren’t convinced by the helpfulness of the statement on the Dogecoin website defending it: “Dogecoin is only “infinite” over “infinite time”. Over finite time, its issuance is, in fact, finite.”
Shiba Inu Team Fixes the Shibarium
Unlike Dogecoin, Shiba Inu’s community and developers are always busy.
The long awaited Shibarium was recently released but the blockchain had to be halted due to problems. Developer Kusama hit back at the FUDders, saying that the actual arrival of the Shibarium proved a lot of doubters wrong. He also said that security and other issues are now fixed on the network.
More validators are going live to give extra security to the network so those staking BONE will have more choice.
Moreover, Kusama talked about the release of the ‘ShibPaper’ – a document which will demonstrate a “working system for governance and management that proves our perpetual decentralized digital nation state is real and here to change the world.”
Shiba Inu is currently down over the monthly, due to the wider market conditions.
Property Co-Ownership Project Everlodge Shows Promise
Everlodge is a project which will allow ordinary people to own fractions of vacation property around the world. As Blackrock and many other industry giants have commented, tokenization of Real World Assets is one of crypto’s most promising sectors right now.
Everlodge also has a deeper mission – that of financial inclusion. In their whitepaper they state that they want to “make the real estate market accessible to investors worldwide regardless of their origin, country, or credit score with a global decentralized Real Estate NFT marketplace backed by real world properties.”
In a world where people have less and less trust in the financial system, new ways to diversify portfolios is important. Investors will receive rental income and benefit from property price appreciation.
Everlodge are currently in presale with their token ELDG. This token will be used within the Everlodge ecosystem and allow discounts on buying property. It also brings rewards for holders like free stays in vacation properties. Holders can also stake their ELDG for 10% APR.
The ELDG presale is currently in beta phase at $0.01 and will launch for a minimum price of $0.38.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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