Alright I understood that's not a valid collateral, sorry for that, but can you tell me what's a valid collateral again I'm sorry didnt know about that thought people would take those as collateral
Valid collateral is something which can be sold at anytime which might be any altcoin. Your domain could be valid collateral too if it was reputed and it had enough value. You have just bought your domain only less than a week which costs you only few dollars. So, how you demand 2000$ by investing less than 1% of your asking amount?