Hotel Paradise NFT is a play-to-earn game. This means that it enables its users to get their own NFT hotels and join the delightful ecosystem of this NFT. In this humble initiative, developers strive to persuade many guests to their facilities. They have hired the best staff and have up-to-date NFT furniture. They want to provide unusual experiences and award them with Hotel NFT. It is the currency running in this Metaverse and can be used in the Marketplace.
Paradise Hotel Token acts as the native token for Paradise Hotel NFT. The players use this to buy the furniture, recruit the staff and workers to take charge and care of the hotel, increase the hotel’s capacity, respectively, and buy or sell within the Paradise Hotel NFT market.
Users would also buy and sell their tokens due to a public liquidity pool.
Paradise Hotel NFT (PHT) Fundamental Analysis
According to the official statements, Hotel Paradise NFT wishes to give a shining vacation to investors, and if they are on a business trip, then to facilitate them with all the satisfaction and compassion throughout their stay.
The team has planned to perform two operations based on a private presale by safe listing and selling the primary hotels with a total amount of ten thousand NFTs to finance all the procedures in the game. They will hire a staff consisting of bellboys, waiters, maintainers, and receptionists in the marketplace. In each hotel, one staff member would be covering two rooms. The oracle will maintain these prices to work according to the token’s value in relevance with the dollar rate every day.
You have to capture as many guests as possible to stabilize the game’s profits by formulating techniques to regulate governance and sustenance fees with the income received from each room. You can get your NFT hotel from the marketplace or presale, and then you have to manage it and take care of it to the maximum extent. The better you perform, the more rewards you will receive.
They will also create travel agencies to apprehend the distribution of previous reservations and event agencies to develop other businesses that resemble their mission of fascinating guests to the hotels to utilize their services. They will supervise five different types of NFTs hotels categorized by star levels representing the availability of rooms for guests inducing the rewards.
Roadmap
Phase 1 of the Paradise Hotel NFT deals with the actions for the third quarter of 2021. It was related to the construction of smart contracts in October 2021. The main website and social networks were launched in November 2021. In December 2021, they had the audit of their token, contact with community influencers, presale of NFT, and implementation of the Uriel Oracle System.
Developers designed phase 2 for the first quarter of 2022 and have essential features regarding the inclusion of developments and community suggestions on the web, presale of tokens, liquidity through PancakeSwap, the launch of a play-to-earn game, enlistment on CoinMarketCap and CoinGecko, and use of their token for buying early Paradise Hotel Token NFTs. Other advancements for the start of the first quarter are the formation of intelligent contracts for supplementary NFTs like Pool, Bar, and Casino and some other positive additions to the marketplace.
Then, some additional events in the first quarter involve the customization of meetings, hotels, conventions, and conferences, along with random events involved in the success of the game, such as daily problems and progresses in a hotel. Then comes phase 3 which deals with the second and third quarter of the year 2022. In the second quarter, they want to increase the options and growth in the community, initiate limited sales of offer letters, and increase the percentage of hotels and rooms. In quarter 3 of 2022, phase 3 would be accompanied by making new designs for new hotels of new NFTs.
Tokenomics
Paradise Hotel Token or PHT is the native token of the game in Paradise Hotel NFT. It may have a significant token worth in the market through connecting with the Binance Smart Chain (BSC). Here is how the supply is allocated:
Token’s total supply has several components: community, ecosystem, marketing, rewards, marketplace, and presale. Community and marketing include the aspects associated with charges and evolution through public networks and encouragement strategies. Tokens will also be locked in Equipo Paradise Hotel for about six months, right after the first launch, to maintain the short and long-term expectations possibly.
Its Ecosystem consists of things connected with the game regarding NFTs, exchange, and generation of the token. The tokens are used for the game rewards. Game rewards include a 10% fee with a Marketplace and are given back to the game reward pool. Rewards are devoted to the events and other activities for the community. About 1 million Paradise tokens are arranged for the Presale for white-lists, gained through a donation system.
Paradise Hotel NFT (PHT) Price Analysis
Paradise Hotel NFT (PHT) was launched in 2021 and was first tradable on January 15, 2022. It had a current supply of 5 billion. At the time of writing, the price of Paradise Hotel NFT is $0.67. By now, PHT has a market capitalization of $3.46 million. Its stable price in such a short span may show bullish trends just.
Crypto Academy Paradise Hotel NFT (PHT) Price Prediction 2022
| Months | Minimum Price | Average Price | Maximum Price |
| January 2022 | $1.2 | $1.3 | $1.5 |
| February 2022 | $1.3 | $1.5 | $1.7 |
| March 2022 | $1.5 | $1.7 | $1.9 |
| April 2022 | $1.7 | $1.9 | $2.2 |
| May 2022 | $1.8 | $2.2 | $2.3 |
| June 2022 | $2.1 | $2.4 | $2.5 |
| July 2022 | $2.3 | $2.5 | $2.6 |
| August 2022 | $2.4 | $2.6 | $2.7 |
| September 2022 | $2.7 | $2.9 | $3 |
| October 2022 | $2.8 | $3.1 | $3.3 |
| November 2022 | $3.2 | $3.4 | $3.5 |
| December 2022 | $3.3 | $3.5 | $3.6 |
Paradise Hotel NFT (PHT) Price Prediction January 2022: The minimum PHT price can be roughly $1.2 in January. The maximum price is likely to reach around $1.5, with the average trading price might be approximately $1.3.
Paradise Hotel NFT (PHT) Price Forecast February 2022: We forecast the PHT price to reach a minimum of $1.3. The maximum price can be $1.7, and the average price of PHT might be around $1.5.
Paradise Hotel NFT (PHT) Price Prediction March 2022: The average PHT price in March could be around $1.7. We predict the PHT price to reach as high as $1.9 in March of 2022 and as low as $1.5.
Paradise Hotel NFT (PHT) Price Forecast April 2022: In April of 2022, the PHT price can seemingly reach a maximum of $2.2, while the minimum price might be around $1.7. As for the average price, PHT could be about $1.9.
Paradise Hotel NFT (PHT) Price Prediction May 2022: In May of 2022, PHT might reach a minimum of $1.8 and a maximum of $2.3, where $2.2 could be the average price.
Paradise Hotel NFT (PHT) Price Forecast June 2022: The PHT could be at a minimum price of about $2.1 and a maximum of around $2.5 in June 2022. The average cost would be approximately $2.4.
Paradise Hotel NFT (PHT) Price Prediction July 2022: The minimum price could be around $2.3. There might be slightly bearish trends in PHT price in July with a maximum of $2.6, while the average price could be about $2.5.
Paradise Hotel NFT (PHT) Price Forecast August 2022: The minimum price could be about $2.4. We forecast the PHT price to reach around $2.7 in August 2022. As for the average price, PHT might be trading at approximately $2.6.
Paradise Hotel NFT (PHT) Price Prediction September 2022: In September of 2022, PHT seems to continue increasing. The price could go as high as $3 in September of 2022, while the lowest price of the month might be around $2.7. Therefore, the average price of PHT in September of 2022 might be about $2.9.
Paradise Hotel NFT (PHT) Price Forecast October 2022: The PHT price could reach a maximum of $3.3 in October 2022, and the lowest price of the month for PHT could be around $2.8. This makes an average price of $3.1 for October.
Paradise Hotel NFT (PHT) Price Prediction November 2022: In November of 2022, the PHT price could reach a new all-time high, as the highest price could get $3.5. The minimum price might be around $3.2, and the average price could be $3.4.
Paradise Hotel NFT (PHT) Price Prediction December 2022: At the end of the year, the PHT price may reach as high as $3.6 in December of 2022, with an average price of about $3. Even the lowest price of the year for PHT can be as high as $3.3.
Paradise Hotel NFT (PHT) Price Prediction 2022 Q1
The first quarter of 2022 would improve Paradise Hotel NFT’s price, as it would be maintaining its liquidity in PancakeSwap, their game launch, getting listed on CoinMarketCap and CoinGecko, and introducing new developments to their smart contracts, ecosystem, and games. Therefore, the growth rate in this span might be ending at a maximum of as high as $1.9 in March of 2022 but could be as low as $1.5.
Paradise Hotel NFT (PHT) Price Prediction 2022 Q2
The second quarter of 2022 may see a high price rise in price through adding more options, growing community, limited sales of offer letters for increasing the percentage of hotel and room use. It can reach up to the maximum level of $2.5 or a minimum of $2.1 by the end of the second quarter.
Paradise Hotel NFT (PHT) Price Prediction 2022 Q3
PHT might surge to a higher price due to improved functionality by developing new hotel designs for new NFTs. At the end of the third quarter, the high price of Paradise Hotel NFT rose to $3 or at a minimum price of $2.7.
Paradise Hotel NFT (PHT) Price Prediction 2022 Q4
The fourth quarter seems to end with Paradise Hotel NFT’s success at a price if it reaches its milestones stated in the roadmap. At the end of the year, even the minimum price for PHT can be as high as $3.3, with an average of around $3.5.
Crypto Academy Paradise Hotel NFT (PHT) Price Prediction 2023, 2024, 2025, 2026
Paradise Hotel NFT (PHT) Price Prediction 2023
If Paradise Hotel NFT implements the technical improvements committed to its network for 2022, 2023 would be a good year for its price growth due to its smart contracts and good designs. Therefore, Paradise Hotel NFT can anticipate an extreme rise in its price. It can touch a maximum of $7, with an average of $6 by the end of that year, or a minimum price in 2023 might be $5.
Paradise Hotel NFT (PHT) Price Prediction 2024
In 2024, PHT may be quite a stable coin due to the Bitcoin halving going to occur in that year. That is why we expect an incredibly bullish market trend once again. PHT could be touching a minimum of $6 by the end of the year or a maximum of around $7, with an average of $8.
Paradise Hotel NFT (PHT) Price Prediction 2025
If Paradise Hotel NFT attains very high prices with technological and architectural improvements and good collaborations, the year may be experiencing new heights of fame among investors. Hence, the minimum price can be $8 or a maximum price of $15 with an average of $10.
Paradise Hotel NFT (PHT) Price Prediction 2026
Paradise Hotel NFT has not given any details about their roadmap for five years, but if we judge them through their successful preceding years, Paradise Hotel NFT might attain the highest price of $20 with an average of $18. Still, its price might be $16 under very unfavorable conditions.
Paradise Hotel NFT (PHT) Market Price Prediction
Many experts predict its price to bloom in the future. We have mentioned what some of the crypto-related websites say about the future price of PHT.
Priceprediction.net
Predicts the average price of Paradise Hotel NFT (PHT) to hit $1.27 by the end of 2022, while the minimum price of 1 Paradise Hotel NFT will reach $3.76 in 2025. The maximum price level can be $4.41, with an average of $3.89 in the same year. They have estimated a five-year plan, predicting the coin to reach the $5.70 mark in 2026 easily. According to their business experts and analysts, Paradise Hotel NFT could hit the maximum price of $43.15 in 2030. So, Paradise Hotel NFT has an excellent potential to reach new price heights.
CoinArbitrageBot
They predict Paradise hotel NFT by looking at its historical price data and expect its price to be about $1.41 at the end of the year 2022 and $1.62 in a year. They predict the price to be $2.62 at the end of 2023. In three years, the maximum price they indicated in three years is $9.5, and the lowest price might be $0.42. Price levels at the end of 2024 could be about $4.25, and at the end of 2025 would be a remarkable value of nearly $6.88.
How to Buy Paradise Hotel NFT (PHT)?
Paradise Hotel NFT, like many other cryptocurrencies, is purchased only by exchanging Bitcoins and not with fiat currency. So follow these eight steps if you want to buy this currency.
Step 1: Create an account.
Please make an account on a Fiat-to-Crypto exchange by registering yourself to buy another cryptocurrency that you can exchange with PHT later. For this purpose, the platform would ask for your phone number, email address, or other requirements for security verification. For the PHT exchange, we will first buy BTC from this fiat-to-crypto exchange. You can use Binance Exchange. These are widely used platforms with different characteristics and fee policies so that you can prefer any of them, according to your wishes.
Step 2: Fund your account.
After the registration process, you must choose a payment, like a bank account or a credit card. Credit cards often provide a faster payment but with higher fees than a bank transfer. However, both kinds of transactions happen in other countries in less time.
Step 3: Buy BTC
After selecting a payment method, use fiat currency to buy BTC. But before that, it is necessary to read all the terms and conditions carefully, with the expected price of the cryptocurrency you will get after the trade. After that, fill in all the needed information on the exchange attentively and revise it. Buy the cryptocurrency by pressing the ‘Trade’ button and selecting ‘BTC’ to ensure your transaction if you are satisfied with everything.
Step 4: Create a Metamask wallet
To store your cryptocurrencies, you need to create a wallet like Metamask or any other wallet that can work with PancakeSwap. However, we recommend MetaMask due to its reliability.
Step 5: Convert BTC to BNB
A fast way to buy Paradise Hotel NFT (PHT) is to convert your BTC into BNB and transfer them to your Metamask wallet through Binance. Once you register on Binance, you can transfer BTC to it by copying the BTC address from Binance and taking out your BTC to the address.
Step 6: Transfer BNB to Metamask
After receiving your BNB from Binance, transfer them to your wallet that can hold both BNB and PHT.
Using Metamask with a strong password can be a good option as a wallet for this purpose. Other safe wallets are Ledger Nano S or Ledger Nano X.
Step 7: Connect Metamask with PancakeSwap
After that, head towards PancakeSwap, click “Connect” at the top, and choose Metamask. PancakeSwap does not require users to register on its own, but you need to take care of your key to the altcoin wallet, as if it is lost, there would not be a way to get your coins back. However, it still proves to be a much more secure wallet for storage of the assets as it is unhackable but needs proper management from the user’s behalf.
Step 8: Buy PHT
At last, you have to go to PancakeSwap and click on the ‘Connect Wallet’ button to swap the coins. Take a look at your BNB balance and enter the quantity of BNB you want to exchange with PHT. Select PHT from the dropdown list. Recheck all the filled-in information and continue by clicking the “Swap” button. Please verify your transaction by clicking the ‘Confirm Swap’ button.
“Transaction Submitted” will appear on the screen after you have bought the PHT.
Frequently asked questions (FAQs)
Is Paradise Hotel NFT (PHT) a good investment?
Yes, Paradise Hotel NFT value is a good investment with high potential to expand.
Can Paradise Hotel NFT (PHT) reach $10?
Yes, it may reach $10 in 2025 due to its satisfactory activity in the crypto market.
How much will Paradise Hotel NFT be worth in 2030?
With various milestones in the roadmap, Paradise Hotel NFT might reach $40 in 2030.
Where to buy Paradise Hotel NFT (PHT)?
You can buy Paradise Hotel NFT from Binance Smart Chain and PancakeSwap.
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Takeaways
- Hotel Paradise NFT is a play-to-earn game, and the Hotel NFT (PHT) is its native token.
- Users can buy and sell their tokens due to a public liquidity pool.
- You have to capture as many guests as possible to stabilize the game’s profits.
- The ecosystem consists of things connected with the game regarding NFTs, exchange, and generation of the token.
- At the end of 2022, the minimum price for PHT can be $3.3, and the maximum price of $3.6, with an average of around $3.5.
- Paradise Hotel NFT, like many other cryptocurrencies, is purchased only by exchanging Bitcoins and not with fiat currency.
- Paradise Hotel NFT value is a good investment with high potential to expand.
- It may reach $10 in 2025 due to its satisfactory activity in the crypto market.
- With various milestones in the roadmap, Paradise Hotel NFT might reach $40 in 2030.
- You can buy Paradise Hotel NFT from Binance Smart Chain and PancakeSwap.