Collateral Network (COLT), Litecoin (LTC) and Fantom (FTM) – Cryptopolitan
Collateral Network (COLT), Litecoin (LTC) and Fantom (FTM) are three digital assets that could provide attractive investments this month. With Collateral Network (COLT) momentum building during the pre-sale, gains could be huge, 35x within 6 months estimated to be exact. Let’s take a closer look.
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Litecoin (LTC)
Litecoin (LTC) was founded by Charlie Lee in 2011 as a fork of Bitcoin (BTC). While it shares many of the same features as Bitcoin (BTC), including the proof-of-work consensus algorithm and decentralized network, Litecoin (LTC) has some key differences.
One such difference for Litecoin (LTC) is their faster block times. While Bitcoin (BTC) can take hours to process a transaction, Litecoin (LTC) can do so in just minutes. This makes Litecoin (LTC) more suitable for smaller and more frequent transactions, which is proving to be an attractive feature for investors.
Litecoin (LTC) is a safe and reliable bet for long-term investors, but the biggest reason to buy Litecoin (LTC) in January is the upcoming halving event, which will take place in August. This event cuts the Litecoin (LTC) block reward in half, from 12.5 LTC per block to 6.25 LTC per block.
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Phantom (FTM)
Fantom (FTM) is a smart contract platform that uses DAG (directed acyclic graph) technology to facilitate smart contract execution. By using DAG, Fantom (FTM) is able to offer faster and more cost-effective transactions than traditional blockchain networks.
The Lachesis protocol is the Fantom (FTM) consensus mechanism and is designed to improve the scalability of the network. Basically, it allows transactions to be processed asynchronously so that the Fantom (FTM) network can handle multiple transactions at a time.
The impressive approach to scalability makes Fantom (FTM) an attractive option for institutions and businesses that want to use decentralized technology. In fact, Uzbekistan is building its IT infrastructure using Fantom (FTM).
During the period 23-30 As of December 2023, Fantom (FTM) had a TX/sec rate of 6.49, placing it among the top six EVM blockchains in terms of usage. This shows how Fantom (FTM) is being used in the real world and why it could see big gains this month.
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Collateral Network (COLT)
Meet Tom – a hard working man who needs a new van for his business. But money is tight, so he doesn’t have the money to buy them outright. And he doesn’t have good credit, so he can’t get a loan. This is where the Collateral Network (COLT) comes in. Here, Tom can use his watch collection as collateral to borrow the money he needs to buy his van. But before he does this, the Collateral Network (COLT) creates an NFT representing his watch collection and stores it on the blockchain.
This NFT is fractional, meaning it can be broken down and secured by multiple lenders. This means that the Collateral Network (COLT) opens up the lending industry to a whole new set of borrowers and lenders, offering more flexibility to both parties.
But the innovation does not stop there for Collateral Network (COLT). Smart contracts remove the need for intermediaries and banks, and automated systems ensure that borrowers are able to pay on time.
With its built-in utility token, COLT, the Collateral Network (COLT) offers a multitude of benefits to holders, such as preferential rights fees, reduced loan interest rates, stake rewards, and the right to vote on platform governance.
The COLT token is now available for purchase in the first phase of the presale, and the token price is only $0.01. With analysts predicting a 35x gain for Collateral Network (COLT) by 2023, now is the perfect time to get in on the ground floor and potentially reap huge gains.
Find out more about the Collateral Network pre-sale here:
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Twitter: https://twitter.com/Collateralnwk
