NFTrade and GovWorld Partner to Introduce NFT-Based Loans

Crisance
2 min readOct 2, 2021

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NFTs and $NFTD both have a lot of utility, but with our latest partnership with GovWorld, a whole new realm of possibilities will be opened to our users. In collaboration with GovWorld, users can now use $NFTD or their NFTs to receive loans! Users can utilize $NFTD to access short-term high APY generation through their token holdings, and also unlock a series of other benefits from GovWorld’s PartnerFi program.

Things get really interesting through GovWorld’s integration of our NFT marketplace directly into the GovLend protocol. Through this integration, users can collateralize any NFT found on NFTrade, allowing for the user to put up the NFT as collateral in exchange for receiving a loan. NFTs are valuable assets, and since many users hold them idly, now, they can use them to generate an additional yield! Unlock the full value of your NFT or $NFTD tokens by using them within the GovWorld platform.

About NFTrade

NFTrade is the first cross-chain and blockchain-agnostic NFT platform. We are an aggregator of all NFT marketplaces and host the complete NFT lifecycle, allowing anyone to seamlessly create, buy, sell, swap, farm, and leverage NFTs across different blockchains. Using NFTrade, anyone can gain access to the entirety of their NFT, unlocking the total value of the NFT market.

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About GovWorld

GovWorld is the first DeFi ecosystem of its kind, leveraging the power of the most customizable P2P, cross-chain lending protocol on the blockchain. Able to collateralize any approved altcoin or NFT for public or private loans of USDC, USDT, or DAI. This is where users can unlock their liquidity, retain tier-level benefits & staking rewards, and have 100% freedom to choose their terms.

Website: https://www.govworld.io/

Twitter: https://twitter.com/govworld1

Telegram: https://t.me/govworld_community

LinkedIn: https://www.linkedin.com/company/govworld-inc/

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