The presale of Collateral Network (COLT) has become the most coveted crypto event in 2023. So, there is massive competition among bulls to lock as many COLT tokens as they can. On the other hand, Huobi Token (HT) and Polygon (MATIC) have resorted to signing new partnerships to increase their growth.
Huobi Token (HT) Aims To Increase User Security
Huobi Token (HT) has been pushing for its global expansion and development and has forged new partnerships to enhance user security on the platform. Recently, Huobi Token signed strategic agreements with Fireblocks to offer institutional investors access to the global capital market while reducing counterparty risks. Huobi Token has also joined hands with Copper’s off-exchange settlement network, ClearLoop.
Experts believe that amid the rising hacking instances, Huobi Token’s recent measures can help the project attract new institutional users. By attracting new users, Huobi Token aims to stop the fall in its market value. The price of Huobi Token has tumbled by 4% in the past month. Currently, Huobi Token (HT) is available to trade at $3.52.
Polygon (MATIC) Partners With Google Cloud
Polygon (MATIC) has collaborated with Google Cloud to help developers build and launch new decentralized applications (dApps) and Web3 products on its network. With this development, Polygon is expecting a surge of businesses on the network and a rise in its price.
The value of Polygon (MATIC) has plummeted by 11% in the past month. Consequently, Polygon is currently changing hands at $1.
Under the latest partnership, Google Cloud will bring its Blockchain Node Engine to the Polygon network. As per analysts, the collaboration can increase the transaction throughput of the Polygon network, making it more efficient for DeFi, gaming, and supply chain management. Earlier, Mastercard had partnered with Polygon.
Collateral Network (COLT) Rises Higher As The Presale Advances
Collateral Network (COLT) has the first-mover advantage in the crowdlending sector by simplifying the process of taking a loan against physical assets. On Collateral Network, people can unlock liquidity from their tangible assets, which act as collateral. Collateral Network accepts several real-world assets as collateral, including vintage cars, real estate, art, diamonds, fine wines, and more.
Collateral Network (COLT) mints non-fungible tokens against physical assets sent to them by borrowers from across the world. The company does the verification and valuation of borrowers’ assets with the help of artificial intelligence and stores them in its vault. Once an NFT is minted, the platform fractionalizes them, enabling lenders to purchase fractions to fund loans, and they receive a weekly fixed passive income.
COLT tokens have been created on the Ethereum blockchain, and their smart contract has been successfully audited. Collateral Network also has an experienced, KYC-audited, and doxxed team. Collateral Network token holders will get several benefits, like staking rewards, access to private auctions, and voting rights.
The current price of Collateral Network (COLT) tokens is $0.014. It is predicted to soar by 35x during the ongoing presale phase.
Find out more about the Collateral Network presale here: