Recently, the NFT market has welcomed a new round of heating up, with the Floor Price of multiple projects showing a rising trend. This phenomenon has attracted investors' attention to the liquidity issues of NFTs. As a unique digital asset, the monetization of NFTs has always been one of the challenges faced by the market.



To solve this problem, innovative financial projects have begun exploring the possibility of converting NFTs into collateral. This method allows holders to obtain funds without selling their NFTs, greatly enhancing the flexibility and efficiency of asset use.

This new application model not only provides more options for NFT holders but also injects new vitality into the entire NFT ecosystem. It opens up new channels for the value release of digital collectibles, making NFTs no longer just collectibles, but assets with actual financial functions.

With the emergence of such innovative applications, participation and activity in the NFT market are expected to further increase. This trend of combining art collection with financial innovation may become an important force driving the long-term healthy development of the NFT market.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Share
Comment
0/400
ProxyCollectorvip
· 07-21 23:37
Another wave of suckers being played for suckers starts now.
View OriginalReply0
CantAffordPancakevip
· 07-21 17:34
This bear market can still be traded, you really have it.
View OriginalReply0
SandwichTradervip
· 07-21 17:24
Retail investors can finally mortgage, no more need to cut loss.
View OriginalReply0
DEXRobinHoodvip
· 07-21 17:23
Staking NFTs is quite something.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)