External factors such as regulations, interest rate hikes, banking crises, and inflation have dampened investors’ interest in the crypto market, particularly impacting cryptocurrencies like Aave (AAVE) and Kava (KAVA).
As a result, investors are seeking alternatives to invest in real-world assets with crypto. This gave rise to the project called Yachtify. This project will allow individuals to own fractional shares in actual yachts.
Yachtify (YCHT): A Novel Method To Invest In Yachts And Receive Passive Income
Yacht ownership has long been a domain reserved mainly for those with large incomes. However, a new project, Yachtify, is aiming to end this conventional model by introducing a revolutionary fractional ownership model that leverages NFTs and blockchain technology.
The platform seeks to make the luxury yacht sector accessible to all. Moreover, Yachtify recognizes the yacht market’s tremendous growth potential, driven by increased demand from consumers and investors in recent years.
Yachtify wants to offer investors at all income levels the benefits that come with owning a yacht without the full expenses and responsibilities associated with it. This novel approach is set to transform the industry, making yacht ownership and investment more inclusive, and accessible, and creating new growth opportunities in the crypto space.
Those who invest in the ongoing token presale can look forward to discounts, VIP benefits, and passive income when their yacht is sold, rented, or leased out. Yachtify is presently in the initial stage of its presale season and is selling hot at $0.1 per token.
The Future Of Aave (AAVE) Lending Platform
Aave (AAVE) is a decentralized protocol that enables users to lend and borrow cryptocurrency using 20 different assets as collateral. The platform features a governance token called Aave (AAVE), allowing the community to make collective decisions about the protocol’s direction.
Despite integrating, partnering, and collaborating with 30 companies, including 1inch, Curve, and Synthetix, Aave (AAVE) has struggled to attract many investors in the crypto space. As of today, Aave’s (AAVE) trading price is $64.17, a -4.75% price decrease in the last 24 hours and a -7.00% decrease in the past 7 days.
Meanwhile, Aave (AAVE) is still 90.30% away from its all-time high of $661.69 recorded on May 18th, 2021.
Kava (KAVA) Trading Volume Fails to Push Price Up
Kava (KAVA) is a Layer-1 blockchain that combines the interoperability and speed of Cosmos with the developer capabilities of Ethereum. However, the platform has not seen any major project developments in the crypto space in recent times.
On the other hand, Kava (KAVA) has announced that the highly-anticipated Kava 13 upgrade will be launched on May 10th, 2023. The Kava 13 upgrade will empower developers to expand their protocols and enhance the user experience throughout the Kava (KAVA) ecosystem.
As for its market activity, Kava (KAVA) has seen a 120.70% increase in trading volume in the last 24 hours, indicating a recent surge in market activity.
Currently, Kava’s (KAVA) is trading at $0.735549 with a 24-hour trading volume of $36,121,412. This token’s price has dropped by 3.19% over the past week. However, Kava’s (KAVA) price has surged in the past 24 hours by 6.42%.
Find out more about the Yachtify (YCHT) presale:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.