The cryptocurrency market has seen a downturn, causing Theta Network’s (THETA) value to drop 6%. Meanwhile, Collateral Network (COLT) has experienced a 40% price increase due to its innovative crowdlending platform using fractionalized NFTs, making it easier for users to unlock liquidity from tangible assets. Collateral Network (COLT) also makes use of AI to appraise assets and provide algorithmic lending rates.
Theta Network (THETA) is still seeking new collaborations and developing its technical capabilities despite the market downturn. Theta Network’s (THETA) partnership with FedML enables distributed computing necessary for collaborative machine learning and other artificial intelligence applications.