As Tron (TRX) and Neo (NEO) holders face uncertainty in the market, the innovative lending platform Collateral Network (COLT) is gaining momentum during its presale phase.
With its unique approach to crowdlended loans with fractionalized NFTs and forecasted 3500% returns, Collateral Network (COLT) is capturing the attention of investors looking for the next big opportunity in the blockchain space.
Collateral Network (COLT)
Collateral Network (COLT) offers a groundbreaking solution in the lending space by utilizing blockchain technology to create a simple and efficient way for borrowers to access funds from their physical assets.In this decentralized crowdlending model, borrowers can unlock liquidity with fine art, watch collections, luxury supercars and more by minting fractionalized non-fungible tokens (NFTs) on the COLT platform.
Through these NFTs, borrowers can gain access to liquidity faster than ever before.For lenders, using fractionalized NFTs allows them to invest in multiple loans and enjoy passive income from the fixed interest rates.Moreover, Collateral Network (COLT)’s smart contracts enable automatic loan management without the need for intermediaries or middlemen.
Collateral Network (COLT) utilizes COLT token as its native currency, which is used in the lending process and to pay transaction fees.Holders of COLT benefit from improved discounts on the platform, staking rewards, governance rights and more.
With the Collateral Network (COLT) presale in full swing, investors are seizing the opportunity to purchase COLT tokens at $0.01 before they become available on exchanges at higher prices.Analysts forecast a 3500% price increase as the presale continues, as stage one rapidly sells out.
Tron (TRX)
Tron (TRX) is a distinct blockchain platform that emerged in 2017 with the specific mission of transforming the internet into a more decentralized space.Tron (TRX) seems to have gone full circle, with Tron (TRX) starting off on the back foot, and then having a sustained period of growth to emerge as one of the leading blockchain projects in the world.
However, trouble seems to be back for Tron (TRX) and its holders.
Falling prices have seen the token lose much of the gains made in 2018, with Tron (TRX) trading at less than $0.06 per unit as of this writing — a far cry from its all-time high of over $0.30.
In recent news, the SEC has also come down hard on Justin Sun, the founder of Tron (TRX), for alleged violations in the sale of Tron (TRX) tokens.
This could add further pressure to the already declining value of Tron (TRX) and could dent investor confidence in the project.
Neo (NEO)
Neo (NEO) aspires to establish a futuristic smart economy where digital identities, assets, and contracts interact seamlessly in a distributed environment.Neo (NEO) was initially launched as AntShares in 2014 but underwent a rebranding in 2017 to better reflect its vision for the future.
Neo (NEO) is powered by two native tokens, NEO and GAS.Holders of NEO receive GAS as a reward for staking their tokens in support of the Neo (NEO) network.This means that Neo (NEO) holders benefit from both price appreciation and the generation of passive income.
In its early days, Neo (NEO) generated a great deal of excitement, even being dubbed the “Chinese Ethereum” and considered a platform to keep an eye on.However, in recent times, Neo (NEO)’s value has suffered a decline of over 94% from its peak of $196 reached in January 2018.
Find out more about the Collateral Network presale here:
Website:
https://www.collateralnetwork.io/
Presale:
https://app.collateralnetwork.io/register
Telegram:
Twitter:
https://twitter.com/Collateralnwk
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