NFTfi, the P2P marketplace for NFT collateralized loans

[pangu]

NFTfi, the P2P marketplace for NFT collateralized loans!

https://nftfi.com/ got a new $890,000 investment.
"The round includes investment from top VCs with deep NFT experience including; @coinfund_io, @1kxnetwork, @Collab_Currency, @Maven11Capital, @TheLAOOfficial, @animocabrands, @rohamg, @borgetsebastien, @JGBSci, @AndrewSteinwold and @ArtOnBlockchain among others. "

https://nftfi.medium.com/we-are-funded-e1a944c11ee3

[cfif]

NFTfi looks as simple loan assets, which are used by other crypto members. The lot of cryptoplatform uses a loans today. What the main idea?

[pangu]

NFTfi looks as simple loan assets, which are used by other crypto members. The lot of cryptoplatform uses a loans today. What the main idea?

They main idea is to get easy loans. And you escrow a NFT as a saftey. If you can't pay back your loan in time, the lender get's your NFT.

[pangu]

NFTfi looks as simple loan assets, which are used by other crypto members. The lot of cryptoplatform uses a loans today. What the main idea?

They main idea is to get easy loans. And you escrow a NFT as a saftey. If you can't pay back your loan in time, the lender get's your NFT.

Do you think this kind of business can still attract customers? Because without customers, basically, the platform is dead. Yes, it is easy to get loan, but would the attached requirements be easy also? There are so many lending platforms already, so what do you think will make people be attracted to this platform?

look at the investor list

[aalpha_muzammil]

Well!! The NFT market has seen rapid growth recently with its value tripling to $250 million in 2020. In the Q1 of 2021 alone, more than $200 million were spent on NFTs. Moreover, the demand for NTF marketplace development is increasing gigantically.