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As the Dogecoin (DOGE) founder Elon Musk continues to make headlines in the crypto world, driving the Dogecoin (DOGE) price up and down, investors are looking for more stable options, singling out Polkadot (DOT) and Collateral Network (COLT) as the best alternatives, with the latter in particular seeing forecasts of a 3500% price surge in the coming weeks.
>>BUY COLT TOKENS NOW<<
Collateral Network (COLT) has been the talk of the town as it has become the first decentralized crowdlending platform for real-world assets, like fine art, real estate, luxury cars and more on the blockchain.
The way lending on Collateral Network (COLT) works is quite simple. For instance, let’s say a borrower has a $10,000 wine bottle. To get a loan, the borrower sends the wine bottle to Collateral Network (COLT), and the Collateral Network (COLT) team stores it in its vault.
Then, Collateral Network (COLT) mints an NFT of the bottle and further fractionalizes it into smaller pieces. This fractionalized lending method enables more investors to lend smaller amounts of money and get fixed-interest payments.
Once you’ve paid your principal loan and interest, Collateral Network (COLT) redeems your bottle from its vault and burns the NFTs.
This ecosystem is powered by the native COLT token which grants holders various unique bonuses like staking, governance rights, discounts, and even access to exclusive VIP groups.
Currently, Collateral Network (COLT) is in Stage 2 of its public presale, with the token trading at $0.014. Experts believe Collateral Network (COLT) could deliver 35x gains to holders, marking a 3500% growth potential.
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