ICYMI: NFTfi: Non-Recourse Loans through NFTs
NFTfi is an Ethereum-based P2P lending marketplace where individuals can borrow ETH or DAI against their collateralized NFTs.
Total loan volume on NFTfi has surpassed $200 million, though it has only pocketed less than $400,000 in revenue since its inception 2 years ago. This research article will look at NFTfi’s economics, including the LTV ratio, default rate, and the risks of taking out non-recourse debt in terms of NFTs.Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.
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