Collateral Network COLT Price $ 0.000442

Collateral Network is a next-generation crowd-lending platform that allows people from around the world to borrow against real-world assets using blockchain technology. Collateral Network proprietary lending platform will provide borrowers with quick access to loans on the blockchain at competitive rates. This is achieved by minting NFTs that are backed by the borrower’s physical assets, enabling our community to become fractional lenders.

Collateral Network ecosystem overview:

• Collateral Asset Backed NFT. NFTs are physically backed by assets 1-to-1 and fractionalized, allowing borrowers to unlock liquidity through crowd-lending
• Collateral Network Tokens. $COLT is a utility token that provides benefits and services to the Collateral community. Token holders will receive discounts on trading fees, rewards, and preferential borrowing terms
• Collateral Platform. Users can trade and transfer their loan portfolios via the proprietary platform and app. Holders will be able to stake their $COLT for additional passive income.