Place/Date: - April 4th, 2023 at 10:05 am UTC · 4 min read
Source: Collateral Network
In an exciting development, Polygon (MATIC) and ImmutableX (IMX) have joined forces to revolutionize the world of blockchain gaming, enhancing scalability and user experience.
Elsewhere, Collateral Network (COLT) is attracting huge attention during the ongoing presale, offering 35x returns and a revolutionary approach to decentralized lending.
Imagine a world where you can easily unlock the value of your physical assets, like luxury timepieces, real estate or artwork, and use them to secure a loan through a decentralized platform. This is precisely what Collateral Network (COLT) aims to accomplish, using cutting-edge blockchain technology and NFTs to revolutionize the lending landscape.
Collateral Network (COLT) allows users to mint their real-world assets into fractionalized NFTs, which can be used as collateral to obtain loans. Collateral Network (COLT)’s approach democratizes access to funding and bypasses the constraints of traditional banking systems. Multiple lenders can fund the loans in this system, permitting them to earn a fixed rate of interest.
Collateral Network (COLT) also leverages the power of smart contracts to automate and streamline the loan process. The decentralized nature of Collateral Network (COLT) removes the need for a central authority, ensuring a transparent and secure lending experience for all parties involved.
The native token of Collateral Network (COLT), COLT, is an essential component of the ecosystem. It grants holders benefits ranging from staking bonuses, discounts, governance rights and more
With the Collateral Network (COLT) presale offering COLT tokens at a mere $0.01, early investors have an opportunity to capitalize on the platform’s potential before it reaches mainstream adoption. Given expert predictions of a 35x increase in value within just a few months, it’s clear that Collateral Network (COLT) is a project worth keeping an eye on.
ImmutableX (IMX) is a sophisticated Layer-2 scaling solution that allows transactions to be bundled together, thus reducing transaction costs and improving the speed of transactions on Ethereum-based networks.
In a groundbreaking move, ImmutableX (IMX) is joining forces with another Layer-2 solution — Polygon (MATIC) — to bring Web3 gaming to mainstream audiences. ImmutableX (IMX) will draw upon its vast industry connections, while Polygon (MATIC) will offer its zkEVM technology, enabling users to experience the next generation of gaming.
In terms of price, ImmutableX (IMX) is up 190% since January 1st, 2023. This growth makes ImmutableX (IMX) one of the top-performing tokens of 2023, and a project worthy of serious consideration.
ImmutableX (IMX) has a current market cap of under $1 billion, which is relatively low compared to other projects of its size and potential. Analysts believe that ImmutableX (IMX) could possibly hit a $10 billion market cap within the next two years.
Polygon (MATIC) is another Layer-2 scaling solution that focuses on Ethereum-based networks. Polygon (MATIC) offers a number of scaling solutions, but it is the zkEVM technology that is especially exciting.
Polygon (MATIC)’s zkEVM enables users to experience Web3 gaming with lightning speed and improved scalability, all while keeping transactions secure and confidential. This makes Polygon (MATIC) an ideal partner for ImmutableX (IMX) and a potential game-changer for the blockchain gaming industry.
In terms of price, Polygon (MATIC) has had one of the most impressive performances during the bull run of 2021 — growing from $0.04 to above $2.60 in just a few months. While the bear market sent Polygon (MATIC)’s price tumbling to just $0.32, it has since recovered and is now trading at around $1.09 as of April 2023.
Market analysts expect Polygon (MATIC) to surge even further, predicting an increase of up to 10x in the next two years. Polygon (MATIC) needs to keep up with the competition, but it has all the tools to do so.
Find out more about the Collateral Network here: Website, Presale, Telegram, Twitter.
Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.