DeFi lender Teller launches ‘buy now pay later’ feature for Bored Apes and other NFT projects
Users can put a down payment on select NFTs through Teller Finance’s new ‘buy now pay later’ feature.Bored Ape Yacht Club, Mutant Ape Yacht Club, Moonbirds, Doodles, Cool Cats, Azuki and Meebits.
Teller Finance, a decentralized finance lending platform, has launched a new feature allowing a ‘buy now pay later’ for non-fungible tokens, according to a report from Decrypt. As of right now, the NFT projects Teller supports are Bored Ape Yacht Club, Mutant Ape Yacht Club, Moonbirds, Doodles, Cool Cats, Azuki, Meebits, Adidas Originals: Into the Metaverse, and RTFKT-MNLTH and Murakami.Flowers Seed.Teller Finance itches the same impulse that other firms such ashave done in the past: letting users pay for expensive NFTs without forking over the thousand-dollar list price upfront.
BNLP allows users to own an item while only paying a portion of the total cost upfront. The buyer then pays for the item in its entirety over time — often with interest, as is the case with BNLP platform© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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