Cardano (ADA) NFT holders expect benefits from COLT

by James · June 1, 2023

Cardano (ADA) is a popular cryptocurrency that has seen significant growth and adoption in recent years. Nevertheless, as the market for NFTs continues to expand, many Cardano NFT holders are looking for new ways to maximize their investments. One platform that has caught the attention of many Cardano NFT holders is Collateral Network (COLT)estimated to generate 35x returns during pre-sale and 100x when it enters major exchanges!

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Cardano (ADA) price drop leads to investor flight

While Cardano has a strong community and is widely recognized for its energy-efficient proof-of-stake consensus mechanism, recent price falls have proven to be a cause for concern.

Currently, Cardano trades at $0.36with approx 80% of Cardano holders experience losses on their investments. They bought Cardano at a higher price than the current value, which can be perceived as a bearish signal.

On a more positive note, the recent Cardano ecosystem update aims to position Cardano as a leading Layer 2 scaling solution in the cryptocurrency space, driving growth in usage and price. Furthermore, Kardanhval shows increased buying activitywhich can be seen as a positive development for Cardano, potentially indicating a bullish outlook.

Nevertheless, those who apply a less volatile alternativea stable coin with excellent growth potential, may consider exploring the Collateral Network (COLT).

Collateral Network (COLT) is revolutionizing the Crowdlending industry

While few cryptocurrencies have seen unprecedented success in the pre-sale phase, Collateral Network (COLT) is proving them wrong with its impressive performance and growing popularity among investors.

The Collateral Network has gained considerable traction in its the pre-sale phase thanks to its innovative approach to crowdlending. The platform aims to simplify the loan application process by connect borrowers with lenders on a decentralized Web3 platformand eliminates the need for tedious credit checks and verifications.

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Borrowers can get physical asset-backed liquidity by providing physical assets, such as cars, jewelery and art, as collateral, which are denominated in NFTs and fractionated for lending purposes. On the other hand, lenders can earn passive income by investing in various parts of NFTs.

Consider that you own a rare piece of art worth $100,000 and you want to use it as collateral to unlock liquidity. Collateral Network will coin an NFT of the artwork, fractionalize it in smaller chunks, allowing investors around the world to lend smaller amounts of funds at an agreed interest rate. This not only gives you the necessary capital, but also helps you retain ownership of the artwork.

With its distinctive value proposition and practical use cases, Collateral Network stands out as one promising addition to any cryptocurrency portfolio in 2023.

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The pre-sale enables investors to obtain the Collateral Network tokens at a discount before they are released to the public. The price of the Collateral Network has already increased from $0.01 to $0.14delivers 40% return to early investors.

By the time Collateral Network ends its pre-sale, this number is expected to rise to 3500%. The next predicted milestone is 100x when it is released on major exchanges. So the best time to buy tokens, if you are thinking of doing so, is now.