Yachtify (YCHT) presale attracts investors from The Sandbox (SAND) and Algorand (ALGO)

There are over 23,700 blockchain and cryptocurrency projects, making it the perfect industry for investors looking for opportunities with great returns. 

Because of the large number, only very few projects in presale have been able to attract the attention of investors. Yachtify is one of those few projects that has received attention from investors while still in presale because of its unique solution. 

In this article, we will explore the current state of two established projects, The Sandbox (SAND) and Algorand (ALGO), and why they have been losing investors to the new Yachtify (YCHT).

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The Sandbox (SAND) loses ground 

The Sandbox (SAND) is one of the leading metaverse gaming platforms that became popular because it allowed gamers to earn. However, The Sandbox (SAND) has stagnated as crypto gaming and the metaverse struggles to gain new investors.

In the recent market downtrend and migration of investors to newer Web 3 platforms, The Sandbox (SAND) has come out on the worse side. In the last two weeks, The Sandbox (SAND) has been on a steady decline. 

In that period, the price of The Sandbox (SAND) has fallen from a high of $0.713 to $0.53 – a loss of more than 25%. Market analysts belive that The Sandbox (SAND) would need a significant push from bulls to break out of the current downward channel.

Lack of momentum takes toll on Algorand (ALGO)

Algorand (ALGO), the decentralized, blockchain-based network has performed very similarly to The Sandbox (SAND). From a top performer, Algorand (ALGO) has mainly watched as others ride the 2023 bull market.

Algorand (ALGO) thrives on the development and success of dApps launched on its blockchain. However, in recent times, there have been very few dApps launched on Algorand (ALGO) that competes with the broader market. To solve this, a project like Yachtify would need to debut on the Algorand (ALGO) blockchain.

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Yachtify (YCHT) paves the way into a new industry

Yachts and luxury boats have been lucrative investments, with the industry worth over $100 billion, but have been restricted to wealthy individuals. Yachtify is solving that problem by creating the first-of-its-kind marketplace where users can buy, sell, rent, or own fractional timeshares in a wide range of watercraft, from Sunseeker to Jetskis Yachts.

Yachtify (YCHT) will allow investors to buy fractionalized NFTs that represent a portion of a luxury yacht. But in this case, every NFT on the platform is backed by an actual yacht, jetski, or speedboat.

In addition, when the yachts or skis are rented or leased, holders of NFTs get a portion of the rental fee charged based on the value of the NFT they own. This unique use case allows Yachtify to become a blue-chip crypto project. The Yachtify team has undergone KYC and passed an audit by SolidProof Network, ensuring investor safety.

The Sandbox (SAND) and Algorand (ALGO) are great projects to invest in, but Yachtify (YCHT) has the potential to offer bigger returns on investment. Yachtify is currently in presale and you can buy a $YCHT token for $0.1. 

Investors who buy into the presale now have a chance to earn a share of the platform fees, and with Yachtify, all kinds of boats can be sold, rented, and bought on the blockchain.

Find out more about the Yachtify (YCHT) presale:
Website: https://yachtify.market
Presale: https://buy.yachtify.market/login
Twitter: https://twitter.com/yachtify_market
Telegram: https://t.me/yachtify

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