Being a leading NFT Marketplace Development Services Company in UAE & India, We understand the market trends and develop a scalable & secure NFT marketplace

1. Know The 3 Thoughtful Tactics To Increase Your
Crypto Wealth
Are you ready to witness the future of digital assets?
The intersection of NFT and DeFi has given rise to a new concept called
NFTFi. This groundbreaking blockchain platform bridges the gap between
NFT holders and non-holders. By doing so, NFTs will be more liquid than
ever before. So, this blog will take you to the world of NFTFi where NFT
and DeFi interact. Also, you can explore the four exciting ways to use
NFTFi to increase your crypto wealth.
The Rise Of NFT And DeFi
The NFT market and DeFi protocols have been on a roll since their
inception. Also, their merger has unlocked massive potential for the entire
blockchain industry. The NFT market witnessed a total value of over $2.5
billion in the summer of 2021. Similarly, in the summer of 2020, DeFi hit a
total value locked (TVL) of approximately $10B from various protocols.
The convergence of NFT and DeFi has created an opportunity to bridge
the gap between these two ecosystems and unlock new possibilities.

2. How NFTFi Works?
NFTFi is the ultimate platform for NFT liquidity. As I said earlier, this
platform connects NFT holders with eager borrowers through the magic
of smart contracts.
Here is how it works,
1. Simply list your NFT on the marketplace
2. Set the terms of the deal
3. Watch as the smart contracts lock it in escrow
4. Borrowers will lend funds in exchange for your NFTs
5. Just sit back and collect interest on your loan
It's a win-win for everyone involved - so why wait? Seek the best NFT
marketplace development services from our experts today.
Uses Of NFTFi - The 3 Tactics
NFTFi offers three possible uses of NFT and DeFi that can be used
depending on the blockchain settings. These include,
NFT Fractionalization
Dreaming of owning a BAYC or CryptoPunk NFT but don't have millions
lying around? Say hello to NFT fractionalization.
Once the NFT is locked up in a vault, ERC-20 tokens are minted to
represent a share of ownership in the whole asset. These tokens can then

3. be traded on public and private marketplaces, giving even the smallest
investor a shot at the big leagues. Make your dreams a reality with NFT
fractionalization.
NFT Renting
Rent out your NFTs to other users and enjoy the fee. There are two ways
to do it: collateralized and non-collateralized. With collateralized renting,
you can borrow funds in exchange for your NFTs as collateral.
Non-collateralized renting lets you rent out your NFTs without any
collateral.
So, are you looking to earn some extra cash with your NFTs? NFT renting
is the way to go.
Lending/Borrowing
NFTFi enables lending and borrowing through NFTs, which allows NFT
holders to use their assets as collateral for loans. This feature can be
particularly useful for NFT holders who want to access liquidity without
selling their NFTs or for traders who want to leverage their NFT holdings
to increase their trading capital.
Don't wait - join the NFTFi revolution today and start taking your NFT
game to the next level!

4. Obtain the finest NFT token development services and explore the NFT
world.