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Render Network (RNDR) announced a new technical roadmap that aims to bring the core of the network into the Solana’s ecosystem, and the partnership with Metaplex is just the start. With an increase of 40% in a month, Collateral Network (COLT) demonstrates enormous potential for investors and with its unique and borderless business model. Collateral Network is set to change the way we lend and borrow forever.
Render Network’s Move to Solana
Render Network has announced a new technical roadmap to bring the core of the network into the Solana ecosystem, with the partnership with Metaplex being just the start. RNDR goal has been to create a free and open metaverse since the creation of toolsets and infrastructure.
Its core function is to distribute GPU resources across a distributed network of consumers to make it possible to access the computing power to build the metaverse at high scale and speed. Render Network chose Solana for its programmable and secure infrastructure, scalability, and possibilities.
Solana’s high TPS and low latency enable decentralization of core rendering processes, and Render Network is funding the development of open-source Rust GPU cross-compiler tools for the RNDR SDK to enable developers to use the Solana smart contract VM and Render Network GPU nodes.
This provides transparency into the rendering and computation processes, higher interoperability for computing on the blockchain, and underscores Render Network’s commitment to building an open, freely accessible metaverse that is not threatened by centralized powers.
As of press time, the RNDR token is trading at $1.75 and has decreased by 8% in the last 24 hours.
Collateral Network: Borderless Lending and Borrowing
Collateral Network allows multiple lenders to earn passive income with a fixed interest rate by offering a decentralized Web3 lending platform that collateralizes real-world assets using NFTs. COLT issues asset-backed NFTs against physical assets such as property, gold, cars, art, jewelry, and more.
Built on Ethereum, the blockchain technology ensures the security and transparency of the network and keeps participants in complete control of their investments. Collateral Network offers an easy-to-use and borderless marketplace for everyone, with decent interest rates and fair valuations. It is audited by SolidProof and Interfi Network, and team tokens are locked for 2 years, while liquidity tokens are locked for 33 years.
COLT is the native token of the ecosystem, and since the presale started in February 2023, COLT has already gained 40%. Collateral Network is the first of its kind and is built on Ethereum and will soon bridge to multiple blockchains to ensure fast TPs, low latency, and affordable network fees for the multi-ecosystem.
Conclusion
Render Network is the go-to address for many of the leading crypto artists, with over $500 million in NFT sales in 2021 alone. Render has collaborations with Marvel and DC, Beeple, and Gene Roddenberry, to archive their work on the blockchain for future generations.
It enters an untapped market and offers fresh possibilities for would-be lenders and borrowers, by easing the process of lending. For the presale alone, gains of up to 35x are expected, with a possible 100x after listing on major exchanges. COLT is now available in presale at $0.014.
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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