The maritime industry was always considered exclusive to wealthy individuals, but Yachtify (YCHT) is going to change that narrative thanks to its unique approach to trading in maritime services. The platform is keen on seeking out the best investment opportunities and presenting them to users in the easiest, cheapest, and most efficient ways.
In other market news, NEXO has recorded quite an odd performance in 2023. It has largely been stable and unable to sustain any rallies. However, investors are confident it will rally again before the end of 2023.
Yachtify (YCHT)’s New Approach To Maritime Investments
The platform uses experts in the maritime industry to find the best luxury yachts and sea vessels with the longest sale and rental values. Yachtify’s users can then invest in these vessels through fractionalized NFTs, costing as low as $100. Thanks to Yachtify’s NFTs, investors with smaller portfolios can easily buy or sell shares in luxurious yachts. In addition, investors get full autonomy over their NFTs and are free to trade them on Yachtify’s marketplace or other decentralized exchanges.
Yachtify’s users will also have a never before lending protocol, which will allow them to secure the most competitive loans using their NFTs as collateral, thus increasing the income-earning opportunity of Yachtify’s users.
Some of the extra benefits that come with Yachtify’s network include custom NFTs and exclusive discounts on fuel, management, and storage costs. Users also get special account management by dedicated specialists and extra security, thanks to high-end blockchain technology.
Yachtify is in early presale, but many investors are joining the project at a rapid pace. As a result, its price, $0.10, is expected to rise soon. Investors who join the project now will also get a 30% bonus.
To find out more about Yachtify’s presale, check the links below.
Join Presale: https://buy.yachtify.market
NEXO is largely stable but barely rallies in 2023
The NEXO network has recorded slow growth in the past few months, but it has been largely stable and maintained relatively the same price. It was trading at $0.6 at the start of the year. It rose to $0.8 by late January. Since then, NEXO has been unable to rally strongly. It dropped further in mid-march to around $0.5. It tried to recover to $0.7 but couldn’t maintain that position.
At the time of this writing, NEXO is trading at $0.67. It is expected to end the year trading at $1 when the crypto market will be in a full bullish cycle. NEXO’s slow performance at the start of the year is likely due to sentiments that affected the Defi industry following FTX’s collapse.
Furthermore, NEXO had to pay a fine to the Securities and Exchange Commission over selling unregistered financial assets – something that affected the sentiment toward the lending protocol. It will be interesting to see how NEO will perform in the final months of the year.
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