Experienced cryptocurrency investors and traders know the value surrounding the process of diversifying a cryptocurrency portfolio. However, not all of them know where to look due to the fact that there are over 23,000 cryptocurrencies to pick from.
One of the latest projects to grab the appeal of investors and traders is Yachtify, and today, we will go over why Ethereum (ETH) investors are eyeing this new, presale-stage project and go over how far it can grow in regards to its value.
Ethereum (ETH) Decreases in Value by 2.6%
Ethereum (ETH) saw a massive jump in activity throughout the previous month when it introduced its Shanghai Upgrade. After this hard fork for Ethereum (ETH), validators gained the opportunity to make withdrawals on their staked cryptocurrencies.
As for the value of the Ethereum (ETH) cryptocurrency, on May 7, 2023, it traded at $1,920.63.
Within the last 30 days, the Ethereum (ETH) cryptocurrency saw an increase in its value by 2.6%. However, when we look at its yearly performance, the Ethereum (ETH) cryptocurrency is down by 28.9%. Investors are now diversifying and looking at presale-stage projects, where Yachtify stands out.
Yachtify (YCHT) To Dominate The Web3 Space Through Fractionalized NFT Ownership of Yachts
Yachtify will be an investment platform on top of which anyone will gain the ability to make investments in yachts or boats. On top of the Yachtify platform, non-fungible tokens (NFTs) will be created. Afterward, these NFTs will get fractionalized. This will enable anyone the opportunity to make a fractional investment within the asset class in question.
For example, an investor can choose to buy 50% of the NFT that is connected to an underlying yacht.
Whenever the yacht gets rented out or sold, the investor will get returns based on their overall percentage ownership. If they had 50% ownership over the NFT, and it was rented out, they would get 50% of the profits made, aside from the Yachtify fee.
These boats typically get leased to high-net-worth individuals or can also get rented out. They create value as a result, and this enables investors to create a stream of passive income.
Properly Diversifying A portfolio.
The Yachtify platform will have value for investors and traders as it will enable them to essentially diversify their holdings and gain passive income out of its overall construction and opportunity.
Throughout the presale period, the YCHT token trades at a value of just $0.10. Analysts have predicted that its value can jump by 4,000%. The platform has also been audited by SolidProof, and its liquidity will be locked for life. The team tokens will also be locked for three years. The Yachtify project represents a solid opportunity for investors and traders to get into the early stages of a project that can become a major force in the Web3 space and supply them with value even outside of the growth of its native token.
Find out more about the presale:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
Leave a Reply