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Decentralized virtual worlds like Decentraland (MANA) and Aave (AAVE) have recently gained traction in the cryptocurrency industry. Nevertheless, a new competitor, Collateral Network (COLT), has emerged, capturing MANA and AAVE holders with its pre-sale phase and Symbolic price of $0.014. Let’s watch it more.
>>BUY COLT TOKENS NOW<
Decentraland (MANA) launches a software development kit to improve its platform
With the release of the SDK7 (Software Development Kit), Decentraland has expanded the possibilities offered to its users and entered the alpha testing phase. Decentraland needs to accelerate its move towards platform development for dApps, which is heavily dependent on business development and partnerships.
There are many benefits for those who hold Decentraland (MANA). Decentraland allows users to own virtual land, produce and trade unique assets, and achieve success in the metaverse. Cryptocurrency buyers are increasingly turning to Decentraland’s (MANA) coin.
Decentraland (MANA) price is showing positive signs which is good news for investors. Investors should take this prediction with caution as market analysts expect Decentraland (MANA) to reach $1 by the end of 2023.
Aave (AAVE) plans to reverse falling protocol costs with new proposals
Aave is an Ethereum-based decentralized lending protocol that allows users to earn revenue on deposited digital currencies and use them as collateral when taking out loans. Because digital assets can be used as collateral, Aave paves the way for anyone to access lending services.
By staking their tokens in the protocol dApp, users can contribute to the security of the protocol in the event of a shortage of funds on the platform, known as a deficit event, Staked Aave is transferred to the security module, a smart contract.
At launch, Aave will only support trading pairs with USD Coin (USDC) and Ether (ETH). To reverse the decline in protocol costs, Aave has continually made improvements through new proposals.
>>BUY COLT TOKENS NOW<
Collateral Network (COLT) thrives as its pre-sale is expected to reach second stage
Collateral Network is the first decentralized blockchain-based lending platform for physical assets, and as such has the potential to revolutionize both the cryptocurrency and lending industries. Using 100% physical asset-backed NFTs, Collateral Network provides weekly passive income to lenders for facilitated peer-to-peer lending.
Collateral Network creates Fractionated Non-Fungible Tokens (NFTs) backed by physical assets, and these NFTs are used to fund loans to borrowers. A borrower will be able to get the money he needs as various lenders can fund the loan. In exchange, lenders receive a stream of passive income.
Investors can use assets such as jewelry, watches, vintage vehicles, and collectibles for lending and borrowing; however, with Collateral Network (COLT), these assets can be used for loans.
The COLT coin powers the Collateral Network (COLT) ecosystem. Staking, reduced borrowing and trading costs, VIP membership and voting rights are just some of the benefits available to COLT token holders.
For a short time during the second presale phase, you can purchase a Collateral Network (COLT) token for $0.014and you will get a 40% deposit bonus. Although the presale has only just begun, experts predict that in just five months it will reach $0.35giving amazing results 3500%before being listed on the main stock exchanges.
For more information on Collateral Network, visit websitejoin the pre-sale or join the community for regular updates.
To learn more about the Collateral Network presale, click here: