The year 2023 has brought new opportunities for investors who want to make good money in the crypto world. Among other developments, the launch of Collateral Network’s (COLT) presale continues to stand out and has quickly become the most talked about presale token in 2023. Meanwhile, Chiliz (CHZ) and Polkadot (DOT) have announced new updates for the coming months; however, they have registered minor gains.
Chiliz’s (CHZ) Quarterly Report Shows Growth
The first quarter of 2023 has been encouraging for Chiliz investors, as the fan token has taken developmental measures and performed well on growth charts. Recently, Chiliz shared its Q1 2023 report, which revealed that the network had recorded a significant increase in the number of new addresses.
Besides, Chiliz’s exchange outflow was consistent throughout the period, instilling confidence in its investors. The report findings can be corroborated by the price movement of Chiliz (CHZ), which has increased by 6% in the last month. Thus, Chiliz (CHZ) is currently available to trade at $0.13.
Chiliz (CHZ) is also set to launch a new Sports Blockchain on May 10, which is expected to increase its adoption further.
Polkadot (DOT) And Kusama Connected Through Bridge
Polkadot (DOT) is now connected to its sister chain, Kusama, through the Inter-Blockchain Communication (IBC) standard of the Cosmos Network. The bridge between Polkadot and Kusama is the first implementation of the IBC standard outside the Cosmos ecosystem.
The development will allow a seamless fund transfer between Polkadot and Kusama. This is another confidence-boosting news for the Polkadot community after the recently-released report by Santiment.
According to the report, the development activity on Polkadot was the highest among major blockchain platforms. The volume metric of Polkadot is also uplifting, indicating a healthy interest in DOT. At present, Polkadot (DOT) is changing hands at $5.99.
Collateral Network (COLT) Attracts Big Money In 2023
Collateral Network (COLT) is a peer-to-peer crowdlending platform that helps people unlock liquidity from their real-world assets, like fine art, watches, real estate, vintage cars, and others. These physical assets act as collateral for the loan.
People looking to borrow money can send their physical assets to Collateral Network, whose team verifies the authenticity of the item and values that asset using artificial intelligence (AI). Thereafter, Collateral Network (COLT) mints NFTs against the collateralized assets and fractionalizes them in pieces. In the meantime, the physical asset is safely stored in Collateral Network’s vault.
Investors can purchase these fractions from a decentralized marketplace to fund money for loans. Borrowers can get flexible loans on Collateral Network at a competitive interest rate. Simultaneously, lenders can earn a weekly fixed income.
Thus, the demand for Collateral Network is soaring during the presale phase. The fact that only presale investors will get access to the VIP members club has also pumped the project. Currently, a COLT token is available at $0.014 and has been predicted to rise by 35x during the presale.
If you are looking to benefit from COLT’s predicted rise from $0.014, check out the links below to find out how you can benefit from a 40% purchase bonus.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk