Introducing Liqd, a new NFT marketplace
New non-fungible token liquidity platform liquidstarting with $500,000 in instant liquidity available to early users.
Liqd allows individuals holding quality NFTs to unlock their value without having to sell them. Liqd aims to disrupt the NFT liquidity space with a three-stage rollout launch, with major product features launching in the coming weeks.
Liqd provides a platform for lending and borrowing NFTs. NFTs currently have a fixed value and can only be liquidated if the owner sells the asset. That is, you cannot profit from the increase in its value.
Liqd solves this problem. This allows the NFT holder to unlock liquidity by borrowing against the value of the asset, resulting in a set interest rate backed by the value of the borrower’s underlying NFT. Provides peer-to-peer lending opportunities for individuals to lend capital. assets.
The Liqd platform benefits two different groups of borrowers and lenders. NFT holders are borrowers and can use the platform to obtain customized loans backed by the value of their NFT assets. The lender is an individual holding liquid cryptocurrencies looking to earn risk-free interest on their capital, and may be able to acquire her good NFTs at a fraction of the market price.
Anyone looking to leverage the value of NFTs to obtain liquid capital can do so by simply publishing their assets to Liqd, along with their value and details of the loan they wish to secure. Lenders can browse her available NFTs and make loan offers for assets of interest. Borrowers have the power to select lenders of interest and enter into loan agreements with them for agreed amounts, timeframes, and set interest rates. Liqd then holds the borrower’s NFT in a secure lockup for the duration of the agreed loan term.
At the end of the loan term, the borrower must repay the loaned capital to the lender with additional interest. In the event of repayment failure, the borrower’s NFT will be transferred to the lender’s ownership, allowing him to obtain a good quality NFT at a fraction of the market price.
The Liqd founder said at launch:The number of NFT holders has grown exponentially over the past two years, from about 460,000 in 2020 to over 4.6 million in 2022. NFTs are very popular and often worth holding, but they have one major drawback. liquidity is low. .Liqd allows users to make their NFTs work by taking loans from peers backed by her NFT’s value. Simply put, a traditional lending and borrowing model tailored for the NFT generation. ”
Partnered with Liqd Nabu, an NFT rating platform, ensuring lenders get accurate and up-to-date ratings for their NFTs when using the Liqd platform.To make the process of lending and borrowing even easier, Liqd unstoppable domain We provide Liqd investors with a fully owned domain name that can be used in place of complex wallet addresses.
With the launch of Liqd, Balance announced 350 NFT passes. This is a free his NFT that allows the owner to access unique perks on her Liqd platform (such as discounts on deals and system fees).
Liqd employs a three-phase rollout plan, with over $500,000 in immediate liquidity loans available to early users. These users will be the first to see new features and benefit from incentives and initiatives.
If the user misses stage 1. Don’t worry.Sign up and participate in our newsletter discordand follow Liqd twitter For all the details. Join us for the next phase of the rollout before it’s too late!
About the company
Liqdnft.com A decentralized peer-to-peer NFT lending platform that allows NFT holders to collateralize their quality NFTs and secure hassle-free loans. Liqd allows investors to extract real value from her NFTs without selling them.
Balance.Capital The organization will play a key role in outlining Liqd’s strategic market positioning and driving growth, development and integration.
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