May 14th, 2023 at 1:03 pm UTC · 3 min read
Investing in projects with tremendous growth potential and real-world utility during their early stages has made many investors millionaires. And our analysts believe they have found a perfect project that you can test this strategy on – Yachtify, a Stage One presale project that may become a top-tier platform that millions adopt! With prominent tokens such as The Graph (GRT) also showing minuscule returns, many investors have gravitated towards this presale star. Let’s find out why!
Due to the increasing tourist industry, the demand for yacht charters has grown dramatically over the past several years, as it now has over $7.90B in market value. Yachtify hopes to become one of the most dominant forces in this flourishing market by revolutionizing it with blockchain and NFT technology!
On this investment platform built on the Ethereum blockchain, users worldwide may purchase, auction, or sell fractionalized NFTs backed by real-life luxurious yachts or jet skis! These NFTs will represent an investment opportunity into actual vessels, which will be stored in safe ports globally.
Yachtify will rent out or sell these boats to high-net-worth individuals, and all generated income will be redistributed among NFT holders based on the percentage of the NFT they hold! Not only that, but users may borrow at competitive rates against actual private yachts using their holdings as collateral – only on the Yachtify platform!
Investors can retain their investments to earn income or sell for capital gain. The Yachtify platform will be available around the clock and will constantly update your holdings!
Holding the Yachtify native token will also bring perks, such as discounts on trading and storage fees. And since the more tokens you own, the more discounts you obtain, investors have begun stockpiling these tokens, which some experts believe may drive the price to $0.50 by December 2023!
Regarding safety, the Yachtify team will place a seal on liquidity that will last eternally while locking team tokens for three years. Additionally, the token smart contract audit was performed by Solidproof while the team KYC audit was recently wrapped up – everything is 100% safe and sound!
The Graph (GRT) recently announced that Uniswap’s governance subgraph had been launched on its network. The Graph (GRT) will help bring vote delegations, tracking vote totals, and governance proposals to this Uniswap subgraph.
However, this news did not help The Graph (GRT) token value as it now trades at $0.1161 with a market cap of $1B, a fall of 3.78% in the past 24 hours. Moreover, we can also see that The Graph (GRT) has been trading below the moving averages, which triggers a sell signal.
Analysts have pointed to these charts as they predict The Graph (GRT) may soon fall to its support level of $0.10 if the bulls do not take control. However, even if they do, investing in projects with more real-world utility would be more profitable as The Graph (GRT) is lacking in that department.
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