What is NFT lending?(video)
Beginner10/11/2024, 9:50:14 AM
This video introduces the concept of NFT lending, its operational mechanisms, types, advantages, and risks, as well as its significance for industry development. It covers the basic definition of NFTs, types of lending platforms (P2P and Peer-to-Pool), and key steps in the lending process. The video also discusses the liquidity advantages that NFT lending provides to holders while warning about the risks associated with market volatility. Finally, it emphasizes the importance of NFT lending as an innovative fusion of blockchain technology and finance, highlighting its role in expanding the DeFi ecosystem and enhancing the value of digital assets.