All About Affordable NFTs

The NFT Bid-Loan DEGENy Strategy | Project: XCOPY max pain loans

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Theme: NFT Loan Offer Strategy

  • Strategy is to offer loans in WETH or DAI at a low LTV (loan to value ratio)
  • If borrower pays back, earn 40%+ 
  • If borrower defaults (fails to payback loan), get the NFT
  • Thread on SquiggleDAO’s recent Pipe Squiggle acquisition using this strategy
  • https://www.benddao.xyz/app/dashboard/my-nfts
  • https://www.nftfi.com/ 
    • Affordable project: https://app.nftfi.com/lend/assets  max pain play 
    • NFT News
      • Uniswap in talks with 7 lending protocols to 'build NFT financialization' 
  • Over $100 million worth of NFTs were stolen in the last year: Elliptic
  • NFT exchange SudoRare suffers $800,000 ‘rug pull’ six hours after launch 
  • FEWOCiOUS Hits Milestone with New All-time High - NFT Plazas 
  • Art auction house Sotheby’s hires an NFT specialist 
  • Y Combinator alumni raise $80 million for DAO to back crypto startups | TechCrunch
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    • Image: 

    https://s.mj.run/VSWU20HwRJY scooby Doo in Andy warhol style - @myth47.eth

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