NFT DeFi: NFT Lending, Renting, and Staking | Hacker Noon

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NFT DeFi: NFT Lending, Renting, and Staking | Hacker Noon
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'NFT DeFi: NFT Lending, Renting, and Staking' by michiel_mulders nfteconomy nftart

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?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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