NFTfi Processes Record Number Of Loans In January
Nearly 18,000 ETH Borrowed In January
Turn Your NFTs Into Cash Without Selling Them
NFTfi is a simple marketplace for NFT collaterized loans. Put your NFTs up as collateral for a loan, or offer loans to other users.
"There's Going to Be a DeFi Universe Geared Towards Non-Fungible Assets:" NFTfi's Stephen Young
In this week’s episode Camila speaks with Stephen Young, the founder and CEO of NFTfi, a platform for enabling NFT-backed loans. For some people, decentralized finance and nonfungible tokens sit on two separate worlds; DeFi on one end with its different lending, boring, and trading applications, and NFTs, with their digital art, music royalties and collectibles. Entrepreneurs…