The blockchain ecosystem has grown enormously in the last few years, with new projects coming every day. It has introduced the world to a new face of finance. It allows crypto holders to use their assets as collateral to take out crypto-backed loans. But, what about the users who want to keep their holdings safe and still need a loan?
Collateral Network (COLT) emerges as a solution to this problem. With Collateral Network (COLT), users can take out loans using their physical assets like they do in traditional financial systems, but with more security, transparency and ease. This unique use case has seen the COLT token receive predictions from market analysts that suggest a colossal 3500% price rise.
Collateral Network (COLT) considers using NFT technology to solve a real-world problem rather than using it for creating fun games like Axie Infinity (AXS) and Flow (FLOW) that serve entertainment purposes only.
>>BUY COLT TOKENS NOW<<
Time out for Axie Infinity (AXS)
Axie Infinity (AXS) was once known as the most popular play-to-earn blockchain NFT game, but now its appeal has faded. Axie Infinity (AXS) has been continuously down for a year now. After surviving the $620 million hack in February 2022, Axie Infinity (AXS) has dropped to $6.01 from $96.51 in a year, and is yet to recover from the losses.
Despite being the most lovable game of 2021, very few in 2022 were interested to play Axie Infinity (AXS). The Axie Infinity (AXS) developers are trying hard to attract users by making new updates and introducing new features to the game but nothing seems to be working for them.
Currently trading at $10.95, Axie infinity (AXS) is down from its all-time high of $165.37. In the bear market, it appears difficult for Axie infinity (AXS) to perform as expected.
>>BUY COLT TOKENS NOW<<
Investors are suggesting not to go with Flow (FLOW)
Flow (FLOW) is a layer-1 blockchain solution to create NFTs and Web3 games. The recent dip in the market has pushed Flow (FLOW) to fall below $1. Currently trading at $1.18, Flow (FLOW) is down from its all-time high of $46.16.
Flow (FLOW) has dropped by 35% of its value in the last month. Amid the continued price drop, the trading volume of Flow (FLOW) is up in the past 24 hrs.
While Flow (FLOW) is expected to rise, as the adoption of Metaverse grows, experts suggest people to migrate to other strong, realistic projects like Collateral Network (COLT) over Flow (FLOW).
>>BUY COLT TOKENS NOW<<
Collateral Network (COLT) – the first-ever blockchain-based crowdlending platform for NFTs
Collateral Network (COLT) is a blockchain-backed crowdlending platform that utilizes the NFT technique to provide loans to their users against physical assets. Unlike the old DeFi lending and borrowing system, where users have to supply their crypto holdings to take a loan, Collateral Network (COLT) mints tangible NFTs that are backed by the borrower’s physical asset, and then fractionalizes it into smaller parts, making it simpler for investors to lend money at a decided rate of interest.
Ditching the traditional methods of getting loans, Collateral Network (COLT) aims to be the fastest, most transparent and highly secure lending and borrowing ecosystem. Through Collateral Network (COLT), getting a loan becomes a matter of hours.
Currently, one Collateral Network (COLT) token is valued at $0.01, and is expected to rise by 35x in the next 6 months. Collateral Network (COLT) presale is currently on-going. If users register themselves now, they can win a pass to the VIP members club.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk