Amidst banking failures, bankruptcies and rising inflation, the crypto market may finally be in a position to recover and start a new bull run. The magnitude of this increase may be debatable, but one thing is for sure: Collateral Network is expected to lead the race with an estimated 3,500% increase in value. If you want to 100x your portfolio this year, here’s what you need to know about COLT.
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What is Collateral Network?
Simply put, Collateral Network is a crowdfunding platform that connects borrowers with lenders. It combines groundbreaking blockchain technology, artificial intelligence algorithms and NFTs to revolutionize the peer-to-peer lending industry: the world’s first platform that blends the physical world with the digital landscape.
The Collateral Network makes it possible for anyone to use a physical asset as collateral for a loan. Accepted goods include vintage cars, art, watches and jewelry, real estate, and more. These items are appraised using AI, then a digital representation in the form of NFT is created.
NFTs are partially segmented, allowing multiple lenders to fund smaller amounts of loans. Lenders on the platform give loans in exchange for a healthy source of passive income in the form of a fixed interest rate.
Loans are provided to borrowers within 24 hours, while interested investors have an easy way to generate passive income by providing liquidity to this innovative ecosystem.
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Collateral Network To Grow Up To 3,500%
Collateral Network is one of the fastest growing projects at the moment as it is set to revolutionize the lending industry. This makes it possible to borrow and lend money at an attractive cost, especially with COLT token holders receiving discounted interest rates (for borrowers) and trading fees (for lenders).
Collateral Network enters the stage at the right time, enjoying a huge increase in investor interest in 2023, in the context of the many banking failures that have rocked the industry. Due to its decentralized nature, the platform eliminates the need for extensive credit checks, proof of income or other barriers.
Finally, the collateral network provides an unprecedented level of security for both borrowers and lenders. Smart contract technology has been fully audited. Further, in case of default, the physical asset backing the debt NFT will be put on online auction to recover the losses. COLT token holders have an attractive opportunity to buy distressed assets including vintage cars, real estate, or fine art at a fraction of their original value.
Collateral Network is currently in its pre-sale stages. Initially priced at $0.01, the COLT token that fuels the entire ecosystem has already delivered 40% returns to early investors, reaching $0.014. By the time it launches on major exchanges, one COLT token is expected to reach $0.35, representing a 3,500% return on investment.
Summary
The market is ready for a fresh start. Collateral Network is one of the most innovative projects that is ready to go ballistic right now after reaching the exchanges. Early investors stand to reap all the benefits of an estimated 3,500% price increase, so this could be the perfect time to buy your first COLT token and grab your slice of the cake.
Find out more about the Collateral Network pre-sale here:
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Source: www.analyticsinsight.net
