Introducing FluidNFT: A New Dawn for the Creator Economy
The NFT market is currently facing a downturn, with reduced creator royalties, declining asset values, and diminishing community spirit. This calls for a revolutionary approach to restore vitality and sustainability within the ecosystem. FluidNFT emerges as a beacon of innovation, being the first NFT lending platform that enriches the creator economy by offering royalties on repaid loans.
Empowering Creators and Collectors with FluidNFT
FluidNFT is designed as a community-first lending protocol that enables NFT owners to swiftly and securely tap into liquidity by collateralizing their digital assets. This platform not only facilitates financial support for creators but also bolsters the missions they are passionate about. By integrating a model where creators receive royalties from repaid loans, FluidNFT cultivates a nurturing environment for continuous creative endeavors.
Key Features of FluidNFT: Enhancing User Experience and Support
- Flexible and Cost-Efficient Borrowing: FluidNFT introduces pro-rata loans that charge interest solely during the active loan period, allowing borrowers to minimize costs by settling their debts early.
- Dynamic and Permissionless Refinancing: The platform offers instant refinancing options, enabling borrowers to leverage increased asset values, make partial repayments, or extend their loans effortlessly.
- Advanced Collateral Opportunities: Supporting ERC6551 token accounts, FluidNFT allows users to borrow against a single NFT or an entire collection, optimizing transaction efficiency and scalability.
- Enhanced Valuation for Rare NFTs: Utilizing tailored Oracle pricing for specific collections and traits, the platform ensures that owners of rare NFTs can borrow against the true value of their assets.
- Comprehensive NFT Compatibility: FluidNFT accommodates both ERC721 and ERC1155 tokens, ensuring a uniform and streamlined borrowing process across different NFT formats.
- Utility Retention for NFT Owners: Through strategic partnerships, such as with Delegate Cash, users maintain access to airdrops and exclusive community events, preserving the intrinsic benefits of their NFTs.
- Equitable Liquidation Processes: In the unfortunate event of a liquidation, borrowers are compensated fairly, receiving up to 90% of the auction value after loan settlements, facilitated by Dutch auctions to maximize returns.
- Robust Borrower Safeguards: The platform guarantees fixed-term loans with a one-week grace period, providing borrowers with protection against abrupt losses and additional security in managing their digital assets.
Building a Sustainable Future with FluidNFT
FluidNFT stands at the forefront of the NFT lending sector, championing a sustainable and community-focused approach. By aligning capital and incentives, FluidNFT supports the builders, innovators, and visionaries dedicated to leveraging NFTs for positive change. The platform's commitment to community, innovation, and sustainable empowerment shapes a promising horizon for the creator economy.
