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Business Spotlight

Monero, Toncoin, Everlodge: Do These Innovative Cryptos Deserve A Place In Your Portfolio?

Privacy, ease of use and financial inclusion are some of the hottest topics in crypto and DeFi right now, and Monero, Toncoin and Everlodge all have a role to play. Let’s find out more about the future potential for these coins.

Everlodge
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Monero offers privacy in a government dominated world?

Bitcoin and other cryptos like Monero were created with the premise of handing the power of money back to the people, as an alternative to the inflationary fiat currencies of the world. But what the mysterious Bitcoin creator Satoshi may have never conceived of, was the ability for governments to co-opt blockchain technology.?

As the world becomes increasingly cashless, and government controlled cryptos (CBDCs) are being rolled out, we are facing a world where the authorities will be able to monitor everything we do with our money.?

Monero aims to challenge this by being a privacy focused coin, that costs just fractions of a cent to transact with. Privacy enthusiasts and fans of Monero are encouraged to join a meetup in Chicago on the 2nd November 2023, to discuss and shape the future of Monero.?

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Everlodge

Toncoin surges by over 30% by partnering with Telegram?

Like Monero, Toncoin offers privacy to crypto users but in a different way. With their recent integration with Telegram’s wallet, and the fact that users can buy Telegram accounts using toncoin (meaning that they do not have to expose their real phone numbers), Toncoin provides a way to purchase things anonymously, such as a VPN.?

Not only that, but the recent @wallet integration is aimed at making crypto more accessible and usable, something which DeFi users know is very important, especially after the accidental $500 million dollar bitcoin fee paid recently (which was subsequently sent back by the recipients, Paxos).?

However critics point out that the 30% rise in the price of Toncoin is more likely due to speculation than real world adoption, since defilama is only showing 6 dapps currently. This is in contrast to Toncoin’s website which boasts over 500 apps, but includes projects like Pancakeswap, which runs on BNB chain (not Toncoin), simply because they have added TON to their exchange.?

Therefore it’s tricky to say if mass adoption is coming although we can see that there have been a big increase in developer commits on github since the start of the year.?

Everlodge allows investors to diversify their portfolios in new ways?

Everlodge is focused on ease of use in DeFi and financial inclusion. They are doing so by tokenising then fractionalizing real world assets (RWA) on the blockchain.?

For many investors around the world, investing in property is an impossible dream, due to the large amount of capital needed to get started, paperwork and also geographical restrictions.?

Everlodge wants to offer ordinary people the chance to buy fractions of vacation properties around the world, in the form of NFTs. Users will be able to purchase them from $250 and up, and receive a proportional amount of the rental income. Additionally, as property prices rise, so does the value of the NFT.?

By using Opensea and/or the beautifully designed Everlodge app, people will be able to trade their property fractions, and easily see what they own and how much they are earning.?

Everlodge’s token is called ELDG and is available now from their website at $0.018. It is expected to launch at $0.038 and then go up to as high as $1.14 once it goes live on Tier 1 exchanges.?

Find out more about the Everlodge (ELDG) Presale?