Entities

NFTfi

Location
Founding Date
2017

NFTfi is a leading peer-to-peer liquidity protocol that serves as a marketplace for NFT collateralized loans. NFTfi’s vision is to build a fully decentralized, permissionless, user-owner public utility, supporting the seamless financialization of NFT based economies through innovative mechanisms and highly user-friendly applications. Through the platform, users can use their NFTs as collateral in order to obtain a loan as well as enable those with digital currencies to earn interest. It offers an NFT-collateralized loan where individuals can borrow and lend against cryptocurrency tokens, allowing crypto collectors to lend small and short-term loans to other people that can offer attractive returns.

ABOUT NFTfi


NFTFI BORROWERS

  • Receive wETH or DAI without selling your NFT

  • List your NFT as collateral and get loan offers from our users

  • Once you accept an offer, you receive wETH or DAI liquidity from the lender's wallet into yours

  • Your NFT gets transferred into a double-audited escrow smart contract for the loan duration

  • Repay the loan before it expires, and you get your NFT back

  • If you default, the lender can foreclose and receive your NFT

  • There are no auto-liquidations on NFTfi.


NFTFI LENDERS

  • Get excellent returns or an NFT at a great price

  • Browse over 150 NFT collections and offer loans on the assets you're happy to back

  • Best case, you earn a juicy APR

  • "Worst case", the borrower defaults and you walk away with an NFT at a hefty discount

  • Some lenders even specialize in "loan-to-own" strategies