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Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral

Post author:MiamiCrypto
Post published:May 19, 2022
Post category:Animoca Brands arcade Axies Blockchain blockchain loans Bored Ape Yacht Club (BAYC)Doodles drops ENS names Flowty Hashmasks marketplace Nexo.io NFT NFT borrowers NFT Lenders NFT loans NFTfi NFTs Non-fungible tokens Otherdeeds Peer-to-peer Sanbox land Smart Contract Unstoppable Domains

While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a…

NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round

Post author:MiamiCrypto
Post published:November 19, 2021
Post category:Art Blocks Ashton Kutcher Bored Ape Yacht Club defaulting on debt DeFi Ethereum blockchain NFT collateral NFTfi NFTs

A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan…