As the understanding of how a Metaverse works becomes more mainstream, projects like The Sandbox (SAND) and Decentraland (MANA) will surge in price, with the numbers of gamer users reaching all time highs.
At the same time, innovative new DeFi projects like Collateral Network (COLT) will gain traction, with more people understanding the revolutionary applications of DeFi. Notably, Collateral Network (COLT) is set to surge by 35x, highlighting the immense popularity of the ongoing presale.
The Sandbox Shows Real World Businesses The Potential Of DeFi
After a year of price declines, The Sandbox (SAND) is slowly gaining traction once again. Player numbers are on the rise, with The Sandbox (SAND) claiming to have over 2 million players interacting throughout its Metaverse.
Despite this new hype in The Sandbox (SAND), its value has been extremely turbulent. After price hikes throughout March, The Sandbox (SAND) has decreased in price by 5.35% in the past five days, with one $0.6495.
Nonetheless, The Sandbox (SAND) growth remains steady, with real-world businesses such as Time, HSBC and the football team Tottenham Hotspur buying land in the world, anticipating additional growth in the future.
Should The Sandbox (SAND) continue to expand and diversify its gaming experience, The Sandbox (SAND) could offer great long term returns. That being said, Collateral Network (COLT) could offer better returns in the short run.
Decentraland Is A Great Alternative To The Sandbox
Decentraland (MANA) works in a similar way to The Sandbox (SAND), with a smaller player base of around 300,000. Decentraland (MANA) claims to be the first-ever virtual world owned by its users and allows players to explore everything from space adventures to a medieval dungeon maze and even entire villages designed and built by the Decentraland (MANA) community, for th Decentraland (MANA) community.
Decentraland (MANA) has recently released a new wizard themed world for its players to explore, and hosted an afterparty for the Decentraland (MANA) Metaverses’ recent fashion show. However, much like The Sandbox (SAND), Decentraland (MANA) has decreased in value, which has caused some investors to look for alternative investments.
Collateral Network (COLT) Looks To Revolutionize Crowdlending
Collateral Network (COLT) is the world’s first decentralized crowdlending platform that lets individuals unlock cash from their assets using fractionalized NFTs. This exciting new project is currently in phase one of its presale, with COLT token selling for $0.01.
Collateral Network (COLT) makes it easy for borrowers to unlock liquidity from their assets, raising funds from a community of lenders, who are paid a fixed rate of interest for lending.
Instead, borrowers can borrow against their physical assets such as art, cars, watches, diamonds and more, by minting NFTs. These NFTs are physically backed by the assets and fractionalized so investors can get involved no matter their budget. With the DeFi platform being multi-chain compatible, investors can also provide loans across multiple blockchains.
On average, borrowers can receive cash within 24 hours without leaving a footprint on their credit file. All borrowing is discreet, with contractual information being stored in the metadata of the NFT.
Users can earn significant benefits for holding Collateral Network (COLT) tokens. These benefits include staking bonuses, discounts, access to exclusive VIP groups and governance rights.
With analysts predicting that Collateral Network (COLT) will surge by 3,500% in the coming months, investors are excited about what the project will bring to the DeFi market.
Find out more about the Collateral Network presale here: