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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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"Nexo’s customers will soon be able to borrow digital assets using Bored Apes and CryptoPunks NFTs as collateral."
"Nexo’s customers will soon be able to borrow digital assets using Bored Apes and CryptoPunks NFTs as collateral."
Thanks for posting An inevitable evolution imo. and whilst this might just be NFT art at the moment we can expect further developments where real world assets are represented on-chain and available for easy collateralisation. More work needs doing on oracle/valuation systems before this can fully be realised, but it will happen.
Thanks for posting An inevitable evolution imo. and whilst this might just be NFT art at the moment we can expect further developments where real world assets are represented on-chain and available for easy collateralisation. More work needs doing on oracle/valuation systems before this can fully be realised, but it will happen.
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