Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral
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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 project called Nftfi has…
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Arcade, an NFT lending platform, has more than $20 million of NFTs in escrow Nexo, a cryptocurrency lender, introduced its NFT-backed lending desk last year Wealthy individuals, long accustomed to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
Omnimorphs are mimetic mysterious entities on Earth able to merge and evolve through OmniFusion. The Fusion utility gives owners the opportunity to combine two of their Omnimorph NFTs customizing the look & rarity of their avatar. The NFT collection was originally made of 10,000 hand-crafted artworks created by digital artist,…
Those who have been following the journey of non-fungible tokens (NFTs) might have noticed that the concept of NFTs is gradually shifting away from rarity and moving towards utility. After enjoying an impressive trend in digital collectibles, the NFT space is now opening doors to real-world use cases and applications.…