In the latest episode, we speak with Nick Tomaino from 1confirmation. 1confirmation participated in Opensea’s seed round as far back as 2018, led the recent funding round for SuperRare and were early believers and investors in DeFi. They also recently invested in Index Coop.
Needless to say we were eager to ask Nick about his thoughts on NFTs, metaverse, digital nations, investing in DAOs and where he’s looking for the future.
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NFTfi is a simple peer-to-peer marketplace for collateralized NFT loans. It allows borrowers to put up assets for a loan and lenders to make offers in exchange for interest. The NFT is held in escrow while the loan is active so lenders know for sure that they will either get their money back with interest or receive the NFT in exchange.
If you would like to borrow using an NFT for collateral, you can go to NFTfi and post your desired terms. If someone likes those terms, they can extend a loan to you. Alternatively, if you would like to provide a loan to individuals in exchange for favorable interest rates or the potential of scoring a specific NFT, you can do that too!
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