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  • Writer's pictureGerard Kavanagh

NFT Lending Part Deux

We are receiving more questions with regard to the forthcoming release of our valuable asset-backed NFTs and using them as collateral for a loan (rather than selling the deeply discounted asset). We, therefore, thought it worth doing an info piece for our community and the greater public. Let's start with an overview care of Coindesk, which details that if you want to make money from NFTs without selling the ones you own, you have many options: What Is NFT Lending? Our NFTs are priced to meet everyone's budget, which means the market should be deeper and thus more liquid. This has been a key tenet in the way we constructed our offering, as our WP detailed our long-term goal is to create a deeper, transparent, and open market by using fractionalisation to ensure these rare and valuable rubies in digital format are available to the people not just the wealthy. Inclusivity and discounting are central to this process. FIX00 NFTS are valuable assets, not tokens, and heavily discounted - acquiring such assets in the real and the digital world is the safest and best way to generate wealth, as we repeatedly write. We understand there is always a need for money in the near term, especially in these trying economic times. We would recommend borrowing against that asset as opposed to selling and speculating on some other high-return venture that promises huge returns or APR. As the recent crypto fall showed, promises and outsized returns have a sad tendency to run hand in hand with scams and/or high-risk financial speculation. So lending is the best way to garner new term cash with minimal risk (and keeping hold of your asset). Here is a random list of lenders in the NFT field: We will add a link to an earlier blog on this issue as well, there are good details in it: Bottom line, our NFTs were priced at 1/s assessed value, and then (by buying the tokens) you were given a staggeringly large discount on top of that. We think if a good policy would be to borrow against the NFTS you have and buy more - your entry price into these assets will still be incredibly low (averaged across all your holdings) and given the NFTs are finite and they will never ever be another issuance of this type and denomination you have that going for you too.

For a short overview of the FIX00 project 🙂 please use this link: The Start of something new

If you still have questions, we are happy to have you join us. We take great pride in our company and the revolutionary change it heralds. Please feel free to contact us if you need further information or have further questions:: Contact Us

If you don’t want to miss out and are ready to buy NOW, please CLICK here: Coinsbit

The future is filled with promises for us all. We're glad you're with us.

We look forward to growing together:

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