While you plan to build an NFT marketplace, there is a necessity to stay updated with the market trends.
Blur, which everyone is aware of, has recently launched Blend. Blend is a revolutionary NFT lending platform that bridges the gap between art and finance. With Blend, NFT owners can unlock the value of their digital assets by using them as collateral for loans. The platform provides a seamless and secure borrowing experience, allowing users to access instant liquidity without the need to sell their NFTs. Through a decentralized marketplace, borrowers can connect with lenders, negotiate loan terms, and receive funds in a transparent and efficient manner. Blend employs cutting-edge blockchain technology to ensure the integrity and authenticity of NFT collateral, making it a trusted platform for the burgeoning digital art market. With Blend, NFT owners can leverage their assets, monetize their collections, and participate in the emerging world of decentralized finance.