We are pleased to announce that our portfolio just got a little bigger. The latest project to catch our eye and receive our support is Collateral Defi; an innovative decentralized payment gateway built on interoperable blockchain network, Polkadot.
Collateral aims to provide crypto with greater utility, enabling users to collateralize their digital assets at the point of sale to buy goods and services. Merchants, meanwhile, get to open their services out to legions of crypto users worldwide.
Accessed through an interoperable digital wallet, Collateral is presently expanding its network of global retailers while also building out a suite of defi products — everything from staking and loans to governance. Interestingly, the protocol offers the lowest Collateral To Value (CTV) in the market — as well as the lowest interest rates.
The Next Generation Payment Gateway
Blocksync Ventures is committed to bootstrapping the innovative startups and products in the blockchain space. With excitement building around Polkadot’s growing defi empire, Collateral struck us as an exciting protocol that solves a genuine problem. We have every faith in the proposed solution and the team behind it, and we are thrilled to help them reach the next level.
This long-term strategic partnership will redound to both parties’ credit, while giving end users the ability to spend their digital assets with ease. Even if a merchant isn’t actually integrated with Collateral Defi, the platform can dispense fiat loans collateralized by crypto, with low repayment rates sweetening the deal. All in all, it’s a great way to obtain liquidity without sacrificing your crypto-assets.
Governance token-holders, meanwhile, wield decisive power over protocol changes and enjoy lower Collateral to Value (CTV); they also get to earn revenue raised from participating merchants. 2021 will be a hectic year for Collateral, with work currently focused on BTC/ETH-Polkadot bridges, price oracles, and the launch of Wallet V2. A further bridge — between Binance Smart Chain (BSC) and Polkadot — will also be developed.
Collateral joins the likes of Shadows Network, Boson Protocol, Illuvium, Polkadex, and Cere Network in the Blocksync portfolio. From decentralized money markets to NFT platforms, brokerages, and cloud marketplaces, the projects under our umbrella are pushing the envelope of web3 and delivering value to crypto users throughout the world. We salute their efforts, and we can’t wait to see what the future brings.