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Render Token (RNDR) has been making waves in the cryptocurrency world and recently jumped 2% on a bullish run. However, some investors have already made a 40% return on investment with a revolutionary new project still in presale. Is the latter a better option
In this article, we’ll discuss why investors are excited about this new project and how it could leave a significant mark on the market.
What is Render Token (RNDR)?
Render Token is an Ethereum-based decentralized network with scalable and economical cloud rendering services for movies, gaming, and the healthcare industries. OTOY created Render Token in 2017 and launched it for sale in 2018 at $0.25.
Render Token utilizes the blockchain-based network that helps it connect GPU power from all over the world in order to deliver cloud rendering services that are faster, less costly, and safer than traditional rendering solutions that are geographically centralized. Moreover, it provides transparency, decentralization, and immutability to the cloud-rendering business due to its blockchain technology.
Unfortunately, Render Token (RNDR) experienced an 8.3% decrease on May 7. At the time, its price remains at $1.89, which might provoke investors to search for other options. Also, being ranked in 67th place is not much favorable.
What is the Project That Investors Made 40% On?
Render Token investors recently took notice of a new project – Collateral Network (COLT).
Collateral Network is a ground-breaking new DeFi concept that enables borrowers to liquidate high-value tangible assets on the blockchain.
Additionally, the Collateral Network staff has undergone a thorough doxxing process, while the native token of the project has undergone an audit. Therefore, both lenders and borrowers can be sure while they use the Collateral Network application.
What’s more, Collateral Network is a permissionless and borderless platform that allows anyone, regardless of location, to borrow as long as they have the physical asset as collateral.
Overall, Collateral Network has great potential to surpass Render Token (RNDR) and is its better alternative due to the fantastic benefits it offers.
How Have Collateral Network (COLT) Investors Made 40% In Record Time?
In recent weeks, there has been a 40% price increase, making Collateral Network swiftly emerge as a top investment option. It’s not surprising that Collateral Network has attracted the attention of Render Token (RNDR) investors, given its potential to transform the crypto market, a varied ecosystem, and real-world relevance.
Collateral Network allows users to unlock liquidity from their valuable physical assets, such as jewelry, watches, real estate, and vintage cars, without selling them. The physical assets act as collateral to the loan. The platform, which stores the assets for the loan duration in its vaults, mints a fractionalized NFT that represents the asset. This enables multiple lenders to buy as many fractions as they wish to contribute to the loan´s liquidity.
Collateral Network (COLT) offers its investors many benefits. Here are some of them:
- Decentralized Loans: Investors have complete control and can request early redemption.
- Fixed Passive Income: By lending money, investors get weekly passive income.
- Security: The asset will be repossessed and sold at a private auction to recover investors’ funds in case of a borrower loan default.
- Liquidity: Each NFT corresponds to a tangible asset stored in a safe vault.
- Fast Turnaround: Liquidation of assets can be done in 24 hours.
Conclusion
Collateral Network (COLT) is a promising new cryptocurrency in its presale phase. The project recently reached a 40% return on investment, increasing its price to $0.014. Prospective buyers can also benefit from a 40% deposit bonus if they buy them now.
This project has a bright future, as the lending industry is currently estimated to be worth $4.5 trillion. Besides, the COLT token is estimated to surge by 35x in the next few months, up to $0.35, while still in presale and 100x once it lands in major exchanges.
For more information on Collateral Network visit the website, join the presale or join the community for regular updates.
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
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