- Hoard Exchange launches its NFT marketplace with lending functions.
- The Loan feature on the Hoard Market opens new possibilities for NFT holders
- Hoard’s solution provides lenders a tool to yield high profits.
On Wednesday, Hoard Exchange (HRD) launches its Ethereum based non-fungible token (NFT) marketplace for trading, renting, and lending. It should be noted, Hoard bridges the gap between NFTs and the gaming industry.
In addition, Hoard allows users to borrow and pledge NFTs such as in-game items, digital art, domain names, and more.
Furthermore, users can discover other NFTs they want to purchase on the platform. It allows users to trade their own NFTs by listing them on Hoard. Once users acquire an NFT or upload their own NFT into the marketplace, they can use them as collateral for a loan. However, the loan depends on supply and demand.
Radek Zagórowicz, CEO of Hoard said:
“The Loan feature on the Hoard M...This article was first published on coinquora.com