As we venture further into 2023, three promising cryptocurrencies are poised to make waves in the industry: Polygon (MATIC), Theta Network (THETA) and Collateral Network (COLT). Among these, Collateral Network (COLT) is set to revolutionize the lending business by integrating off-chain assets into the blockchain through fractionalized NFTs based on physical assets.
The Collateral Network (COLT) presale has kicked off at $0.01 per token in their first presale phase. Market analysts anticipate a significant surge in the coming months, reaching up to $0.35, a 35x return, highlighting the potential for substantial growth and investor opportunities.
Polygon (MATIC)
Polygon (MATIC) has witnessed a remarkable upswing, gaining 6.4% in the last 24 hours and trading at $1.13 now. With the debut of zkEVM’s mainnet 30 days ago, the number of daily active Polygon (MATIC) addresses has increased.
The mainnet has attracted more users to the Polygon (MATIC) network, hence contributing to the price increase of Polygon (MATIC). Nonetheless, Polygon (MATIC) continues to have difficulties since network costs and income have recently declined.
In addition, the state of Polygon (MATIC) zkEVM is cause for worry since development activity on the network dropped dramatically during the last week. This indicates that developers may devote less work to enhancing Polygon (MATIC).
Theta Network (THETA)
Theta Network (THETA) is a blockchain-based decentralized video streaming network changing the media and entertainment industries. Theta Network (THETA) has recently been a popular cryptocurrency, rising 12.93% this week to trade at $1.08. Theta Network (THETA) has grown in popularity due to the new Theta Network (THETA) partnership with ABS-CBN, the Philippines’ leading content provider.
Using the Theta Network (THETA) video API and digital artifacts, this collaboration hopes to improve the Southeast Asian media scene. ABS-CBN will use Theta Network (THETA) technology to provide immersive and interactive audience experiences.
The success of Theta Network (THETA) demonstrates the rising interest in decentralized platforms and the potential influence of blockchain technology on media and entertainment. Investors and fans are closely monitoring the future of Theta Network (THETA).
Collateral Network (COLT)
With the goal of revolutionizing the crowdlending business, Collateral Network (COLT) is integrating off-chain assets onto the blockchain. Anybody can borrow and lend funds via fractionalized NFTs minted through Collateral Network (COLT) in exchange for tangible assets held as collateral.
Assets that can be used to secure loans on this cross-chain network include real estate, works of art, antique automobiles, gold, rare wines, timepieces and other valuables. In addition, using Collateral Network (COLT) to borrow and lend money never has any bearing on a person’s credit rating.
Borrowers’ tangible assets are accepted on the platform, and fractionalised NFTs representing the assets are minted to allow lenders to lend small sums of money towards the loans required by the borrowers through the fractions of the NFT and lenders will get a regular stream of interest payments as a result. In order to remove human bias, the valuation of physical assets is handled by a protocol driven by artificial intelligence (AI).
Collateral Network (COLT) tokens are currently selling for $0.01 during the first presale phase. It is predicted that the price of one Collateral Network (COLT) token will rise to $0.35 in the near future. After being listed on major exchanges, the value of COLT coins is projected to increase 100x.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
