Blockchain and crypto projects constantly evolve. Amid this change, Cardano has emerged as one of the top smart contract platforms. Meanwhile, ahead of Polkadot’s upgrade, Everlodge plans to reshape real estate ownership.
Cardano smart contracts development surges
Cardano is a development hub and has grown since adopting smart contracts.
In the latest report, Cardano outperformed layer-2 networks with a development score increase from 454 to 559 in the last two months.
The global smart contract development activity boost is part of Cardano’s plan to regain market share.
Despite this growth, ADA is struggling and remains below the $0.30 resistance level. However, analysts expect growth in the coming sessions.
Polkadot focuses on scalability
Polkadot is a multichain protocol and plans to scale further to make it more efficient for developers.
Asynchronous Backing will be deployed later this year to increase execution time and reduce the parachain block time.
This upgrade will result in a theoretical 8x improvement in the Polkadot parachain throughput.
Despite the decline in DOT prices, experts predict the coin will recover and rally after this launch.
Everlodge to reshape real estate investment
The real estate industry is valued at over $280 trillion, but only a select few investors can access it.
Everlodge allows investors to own a portion of properties using blockchain technology with as little as $100.
The has formed partnerships with hotel brands and real estate developers to showcase luxury villas, hotels, and vacation homes on the platform. Through this, they can transform ownership details and deeds into fractionalized NFTs for investors to acquire.
All fractionalized NFTs are backed by assets and can be used to secure loans. Moreover, they can generate passive income as their value is linked to the property value.
Presently, ELDG is attracting Polkadot and Cardano supporters. In the third stage of its presale, ELDG is available for $0.019.
Details about the Everlodge (ELDG) presale are:
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