SPONSORED POST*
The crypto market has seen increased activity in 2023. Thus, crypto enthusiasts are actively looking for projects where they can get the best returns and bulls are considering Collateral Network (COLT) as the best option.
Collateral Network is projected to grow by 3500% during its presale; hence, its initial coin offering is expected to get oversubscribed. Projects like Quant (QNT) and TRON (TRX) have not been able to match the level of Collateral Network (COLT).
Summary
Quant (QNT) Launches Two New Upgrades
Quant has released two upgrades for its blockchain operating system, Overledger, in the past month, which seem to have helped the network. Both upgrades are aimed at improving the technical features of the Quant blockchain. The price of Quant (QNT) has started to see a rise, and has increased by 3% in the last week. Hence, Quant is currently changing hands at $112.89. Quant’s popularity has seen an uptick in the past few months, due to an increased demand for interoperability in the market. Besides, Quant has announced that it is working on developing international standards for intercommunication between various blockchains. This news has also helped Quant build a positive market environment around it.
TRON’s (TRX) Active Addresses Increase
The TRON network has been on the rise lately, and its recent achievement has made its community buoyed. According to the latest data, the total number of accounts on the TRON network has exceeded 156 million. Notably, TRON’s daily active user count is 900,000 more than that of Binance.
The staking on the TRON network has also surged in recent weeks. Subsequently, the bullish sentiments around TRON have become stronger, and pushed its price upward. The market value of TRON (TRX) has increased by 3% in the past month, and is currently trading at $0.0676. Meanwhile, TRON founder, Justin Sun, has landed in a controversy after investing massively in Binance LaunchPool.
Collateral Network (COLT) Seizes Golden Opportunity During Presale
Reinventing the credit market, Collateral Network is a crowdlending aggregator that has brought off-chain assets to Web3. Besides, offering a borderless and permissionless loan procedure.
Users can unlock liquidity from their tangible assets, like fine art, expensive wine, and luxury watches by sending them to Collateral Network where they are minted into NFTs. To make the lending process simple, the valuation of collateralized assets is done by Collateral Network using artificial intelligence. Collateral Network stores these assets in its vaults till the tenure of the loan.
These 100% asset-backed non-fungible tokens are fractionalized then sold in a decentralized marketplace, where investors buy them, and fund loans for borrowers. While borrowers can take loans at competitive rates with flexible terms on Collateral Network, lenders will become their own mini banks and are given a fixed weekly income.
Collateral Network features institutional-level liquidity, and the platform’s liquidity pool will stay locked for 33 years. Not to mention, the team tokens will remain locked for 2 years.
Currently, Collateral Network’s native token, COLT, is available at $0.014 during the ongoing first stage of the presale phase. Experts have predicted that Collateral Network (COLT) will rise by at least 5000% during its presale phase, and 10000% after listing.
For more information on Collateral Network visit the website, join the presale or join the community for regular updates.
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*This article was paid for Cryptonomist did not write the article or test the platform.
