Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral

While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the lending marketplace recorded nearly $50 million in NFT loans. … Read moreDigital Collectible Owners Continue to Take Loans out Using NFTs as Collateral

Jungle Freaks NFT Review: Using NFTs as a Vehicle for Change

Slightly over a year ago, an NFT called Everydays: The First 5,000 Days, sold for a mind-boggling $69 million at Christie’s. Another one, dubbed Covid Alien, was bought by venture capitalist Shalom Mackenzie for nearly $12 million at a Sotheby’s auction. While most creators in the space have backgrounds in digital art, a few projects have stayed true … Read moreJungle Freaks NFT Review: Using NFTs as a Vehicle for Change