Mainstream audiences are buying NFTs for its art value or as part of a metaverse game. The more non-fungible tokens you collect, the less liquid your portfolio becomes. NFT lending and fractionalized NFT ownership has been introduced to solve the NFT illiquidity problem by creating a market where NFT owners can mortgage their NFT in exchange for cryptocurrencies or fiat. However, NFT renting can open up a whole new economy. Let’s explore how?
Michiel Mulders
Technical & marketing writer | Blockchain & backend developer
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NFT DeFi: NFT Lending, Renting, and Staking
Source: Trends Pinoy
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