As the crypto market is rallying, experts say ImmutableX (IMX), Tezos (XTZ) and Collateral Network (COLT) are must-haves for multiple returns in 2023. Collateral Network (COLT), in particular, is set to reward investors with 35x gains.
ImmutableX (IMX) is the first layer 2 scaling solution for NFTs on Ethereum. ImmutableX (IMX) utilises zk-rollups technology to do away with Ethereum’s limitations like low scalability, poor user experience, illiquidity and a slow developer experience. Users of ImmutableX (IMX) enjoy instant trading, massive scalability, secure transactions and zero gas fees for minting and trading NFTs.
Last month, ImmutableX (IMX) announced that it would partner with Polygon (MATIC) to establish a robust gaming ecosystem centred around Ethereum. This will help push Web3 into the mainstream consciousness and boost adoption for ImmutableX (IMX). Investors of ImmutableX (IMX) gained by 6.7% this week as the coin is trading at $1.12 at the time of writing.
If you missed buying ImmutableX (IMX) at the listing price don’t miss the next gem coin — Collateral Network (COLT).
Tezos (XTZ) is one of the old players in the space and a popular Ethereum alternative. Tezos (XTZ) features a smart contract platform that can evolve and improve over time without the risk of a hard fork. Also, holders of the Tezos (XTZ) token can vote on proposals for protocol upgrades that have been put forward by Tezos (XTZ) developers.
Via this governance process, the Tezos (XTZ) community recently validated and approved the Mumbai upgrade. This latest upgrade corrected an implementation flaw and made transactions smoother on Tezos (XTZ). The Tezos (XTZ) token, at the time of writing, is trading at $1.14, a 3.4% increase in the past seven days.
One common crypto narrative that is selling now is “real-world assets” (RWA), and Collateral Network (COLT) has a model that utilises this concept. Therefore, early investors in this project are in for big gains. Already, experts predict a 3500% growth for Collateral Network (COLT) in the coming months.
What makes Collateral Network (COLT) unique? It is a decentralised crowdlending platform that allows borrowers to receive funds against tangible assets. Individuals or small business owners in need of capital can use their physical assets e.g. art, vintage cars, gold as collateral. These assets are converted into NFTs, split into separate parts through fractionalisation, and sold to lenders to raise the funds for a given loan.
As a result, numerous lenders can contribute by providing their capital, and in return, they gain passive income from fixed interest rates. Additionally, when the borrower covers their loan repayment back to the lenders, the NFTs are destroyed, and the asset is sent back to the borrower. Indeed, Collateral Network (COLT) makes the borrowing process easy, efficient and confidential, with the aid of smart contracts.
With this excellent model, there’s no denying this project has high-growth potential. Don’t miss out on this big deal, join the presale now, and buy the Collateral Network (COLT) token at a discounted price of only $0.014 during its current second presale stage.
Find out more about the Collateral Network presale here:
Please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. CryptoMode is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.