Render Token migrates to Solana blockchain, Collateral Network presale performance surprises holders

by Arthur · May 12, 2023

[gpt3]rewrite

Render Network (RNDR) announced a new technical roadmap that aims to bring the core of the network into Solana’s ecosystem, and the partnership with Metaplex is just the start. With an increase of 40% in one month, Collateral Network (COLT) shows a huge potential for investors and with its unique and limitless business model. Collateral Network is set to change the way we lend and borrow forever.

>>BUY COLT TOKENS NOW<

Table of Contents

Render Network’s move to Solana

Render Network has announced a new technical roadmap to bring its core network into the Solana ecosystem, with the partnership with Metaplex just the start. The RNDR goal has been to create a free and open metaverse since the creation of the toolkit and infrastructure.

Its core function is to distribute GPU resources across a distributed network of consumers to enable access to the computing power to build the metaverse at high scale and speed. Render Network chose Solana for its programmable and secure infrastructure, scalability and capabilities.

Solana’s high TPS and low latency enable decentralization of core rendering processes, and Render Network is funding the development of the open source Rust GPU cross-compiler tool for the RNDR SDK to enable developers to use Solana smart contract VMs and Render Network GPU nodes.

This provides transparency in the rendering and computation processes, higher interoperability for computing on the blockchain, and underscores Render Network’s commitment to building an open, freely accessible metaverse that is not threatened by centralized powers.

As of press time, the RNDR token is trading at $1.75 and is down 8% in the last 24 hours.

Collateral Network: Lending and borrowing without borders

Collateral Network allows multiple lenders to earn passive income at a fixed rate by providing a decentralized Web3 lending platform that provides collateral for real assets using NFTs. COLT issues asset-backed NFTs against physical assets such as real estate, gold, cars, art, jewelry and more.

Built on Ethereum, the blockchain technology ensures the security and transparency of the network and keeps participants in full control of their investments. Collateral Network offers a user-friendly and borderless marketplace for everyone, with decent interest rates and fair valuations. It has been audited by SolidProof and Interfi Network, and team tokens are locked for 2 years, while liquidity tokens are locked for 33 years.

COLT is the ecosystem’s original token, and since the pre-sale started in February 2023, COLT has already gained 40%. Collateral Network is the first of its kind and is built on Ethereum and will soon bridge to multiple blockchains to ensure fast TPs, low latency and affordable network fees for the multi-ecosystem.

>>BUY COLT TOKENS NOW<

Conclusion

Render Network is the go-to address for many of the leading crypto artists, with over $500 million in NFT sales in 2021 alone. Render has partnered with Marvel and DC, Beeple and Gene Roddenberry, to archive their work on the blockchain for future generations.

It taps into an untapped market and offers new opportunities for potential lenders and borrowers, by facilitating the lending process. For the pre-sale alone, gains of up to 35x are expected, with a possible 100x after listing on major stock exchanges. COLT is now available in pre-sale at $0.014.

Collateral Network pre-sale here:

Website:

Advance sales:

Telegram:

Twitter: https://twitter.com/Collateralnwk

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not provide, and will not endorse, information about any company or individual on this site. Readers are encouraged to conduct their own research and take any action based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be liable for any damage or loss caused directly or indirectly by the use of any content, products or services mentioned in this press release or sponsored post.