Arcade.xyz is a Web3 platform that provides a liquid lending market for NFTs. At Arcade.xyz, we think all assets will eventually become digitized in the future and that NFTs represent a 0 to 1 innovation in storing value and ownership attribution for unique digital assets.
Arcade.xyz's focus is on building primitives, infrastructure, and applications enabling the growth of NFTs as an asset class. The Arcade.xyz application is our core product - an innovative peer to peer lending marketplace that allows NFT owners to unlock liquidity on single NFT or multiple NFTs (through depositing NFTs to an Asset Vault) on Ethereum. Lenders that hold stablecoins or ERC20 tokens can participate in a new source of DeFi yield by underwriting term loans collateralized by borrowers' NFTs.
Our platform strives to become the financial marketplace for NFTs enabling collectors, creators, and liquidity providers the ability to do more with NFTs securely on public permissionless blockchains. Today, NFTs are largely digital representations of artwork and media content, however, our belief is that in the not so distant future NFTs will encompass digital rights, metaverse assets, and digital identity.
Updated 6 months ago