While Aptos Improves Its Platform, COLT Surges in Presale

May 11, 2023
3 min read

As Aptos introduces a new delegated staking feature on its network, COLT prices surge by 40%, attracting even more investors to its rapidly-selling presale. 

The Aptos (APT) network recently introduced a new feature for delegated staking to improve the blockchain's usability and attract new investors. Meanwhile, investors are flocking to the Collateral Network (COLT) presale of their own volition, enticed by this revolutionary project and its 40% price increases, which are set to rise even more before the presale ends. 


Aptos (APT) Crypto Introduces New Delegated Staking

Recently, the Aptos network announced a new feature that will enable Aptos users to receive staking rewards without the need to act as validators for transactions on the Aptos blockchain. 

This new Aptos feature aims to attract more users to the platform by making staking more accessible. Users will now only need 11 APT to stake their tokens with the Aptos blockchain. 

However, the current state of Aptos suggests that, so far, the new feature has yet to accomplish its goal. According to CoinMarketCap, the Aptos (APT) trading volume has decreased by 46.88% in the last 24 hours, with its price currently at $9.68, down from $10.65 at the time of the announcement.

As a result, Aptos investors are looking to the Collateral Network to improve their portfolios and jump aboard a revolutionary project that is yet to increase in value. 

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Collateral Network (COLT) Surges 40% in Rapidly-Selling Presale

Collateral Network has caught the eye of thousands of investors, as it is well-positioned to take the lead in the trillion-dollar lending industry. And with experts predicting a 3500% growth potential before its presale ends, many are looking to get a piece of this ground-breaking project.

Unlike other lending protocols in the crypto sphere, which only allow users to borrow against digital assets, Collateral Network provides an innovative DeFi crowdlending platform where borrowers can liquidate their high-value physical assets and borrow funds on the blockchain. COLT bridges the gap between off-chain and on-chain assets. 

You can use your high-value watches, art, cars, and other valuables to get the funding you need for your short-term projects. You just need to send your asset to the fully-doxed COLT team, which will fairly value it using AI and store it in a highly secure vault.

Then, Collateral Network mints a 100% asset-backed NFT against your asset and fractionalizes it into smaller pieces, enabling many to lend smaller amounts of money, becoming mini banks and getting a fixed rate of interest in return. Once you've repaid the loan, COLT returns your asset and burns the NFT.

The initial price of the COLT token at the beginning of its presale was $0.01. Since then, the price has reached $0.014, marking a 40% increase. Therefore, it's no surprise that investors are hurrying to buy into the project while it sells at entry-level prices.  And to make things even better, a price jump to $0.0168 per token is just around the corner due to the demand far exceeding the supply. 

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

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email [email protected]

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email [email protected].

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