A notable feature about the crypto space is the non-stop innovation coming into play in hope of a wider adoption rate. Recently, Stellar crypto announced that its network will be undergoing a mainnet upgrade to Protocol 20. In light of this, Stellar released a guide on how businesses and developers should prepare for this upgrade.
In other news, Axie Infinity world is set today as the release of Axie Part Evolution. This means that Axie Infinity players will be able to evolve parts of their Axies, starting today. Meanwhile Everlodge is coming with a disruptive force, challenging already established NFT projects with its digitized property market.
On December 18, Stellar upgraded and reset its testnet, which was followed by the release of the new Protocol 20 version of Stellar Core, Horizon, Soroban RPC and Stellar SDKs. According to Stellar, its network validators will be taking a vote on the start of its Mainnet Upgrade on January 30, 2024, 15:00 UTC.
On the assumption that this upgrade will take place, Stellar released a guide for business and developers on its network to follow. The guide mostly included instructions to install the upgraded version of all Stellar-related softwares so it can be compatible with the new Protocol 20 versions.
The general aim of this upcoming upgrade is centered around enhancing functionality, performance, security and stability, which will affect Stellar positively. For more information check the roadmap to the Mainnet.
Axie Infinity, a blockchain-based trading and battling game which involves creature-like collectibles called "axies" with six body parts, has undergone a major upgrade today.
Titled, the Axie Part Evolution, this upgrade is in the new Axie app where players can use materials in Atia's flame to evolve specific parts of your axie. This marks a significant shift in the Axie Infinity game, introducing a method to strengthen the connections players have with their axies.
However, the evolving axies comes at a cost. Players will require the right materials, an ascended axie, some Axie Infinity tokens (AXS), and, of course, time. Axie Infinity is set to rack up an even higher trading volume with this new feature in the Axie Infinity game.
Excitingly, Axie Infinity is launching a "Race to Evolution Challenge". The first 10,000 evolved axies stand a chance to win Radiant Spirit Shells and Origin axies. Additionally, the owner of the first axie to evolve all six parts will receive a special Mystic axie.
Amidst the prevailing excitement surrounding the project, the price of Axie Infinity's native asset, AXS, has experienced a notable surge. Presently valued at $7.45, the current AXS price indicates a nearly 7% increase within the last 24 hours and a 7.45% increase over the past 7 days, generating more anticipation for further upward movement.
Many investors who are seeking for the best crypto investment to diversify with are already flocking to Everlodge, seeing that the new utility-based NFT marketplace is signaling a lot of promise. Additionally, the price is close to crossing over 200% increase from its original price. Everlodge is currently $0.027 in its ongoing stage 8 presale.
Genuinely, what really stands Everlodge out is how the platform distinctively uses NFT technology in the realm of property investment.
Unlike traditional approaches, Everlodge combines co-ownership of vacation homes, timeshare concepts, and NFT technology to revolutionize real estate investment on the blockchain.
Everlodge utilizes NFT technology uniquely through digitization and fractionalization. The platform digitizes hotels and luxury villas, converting them into NFTs. These NFTs encapsulate titles, deeds, and ownership details within their metadata.
The true innovation lies in fractionalizing these NFTs into smaller fragments, allowing users to purchase smaller amounts, essentially breaking down ownership into manageable fractions.
Furthermore, as the value of the underlying property increases, the price of the NFTs mirrors this growth. This dynamic pricing model ensures that the NFTs represent the real-time value of the properties they are associated with.
This approach creates a novel intersection between property investment, blockchain technology, and NFTs, offering users the opportunity to engage in fractional ownership of high-value properties in a transparent and accessible manner. Launching next year, this unique dimension to the real estate market that Everlodge presents, positions it as the possible best crypto investment for investors.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.
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