Funding
Funding not disclosed

Founders
Product
Problem
NFT holders often face challenges in leveraging their assets for financial purposes due to limited liquidity and a lack of valuation mechanisms. Existing NFT marketplaces primarily focus on buying and selling, neglecting opportunities for using NFTs as collateral or participating in automated trading strategies.
Solution
Liquidifty offers a suite of tools designed to enhance the utility and liquidity of NFTs. The platform enables users to collateralize their NFTs to obtain loans, providing immediate access to capital without selling their digital assets. Cross-chain NFT oracles facilitate price discovery, offering reliable valuation data for a wide range of NFT collections. Additionally, Liquidifty provides NFT vaults that allow users to automate trading strategies, optimizing returns and managing risk.
Target Audience
The primary target audience includes NFT collectors, traders, and decentralized finance (DeFi) users seeking to unlock the financial potential of their NFT holdings.
Features
- NFT-backed loans: Users can deposit NFTs as collateral to borrow cryptocurrency.
- Cross-chain NFT oracles: Provides real-time price feeds for NFTs across different blockchain networks.
- NFT vaults: Automated trading strategies for NFTs, including rebalancing and yield farming.
- Support for a wide range of NFT standards, including ERC-721 and ERC-1155.