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WCP21 - Nick Emmons @ Upshot - Unlocking DeFi Features for NFTs

WCP21 - Nick Emmons @ Upshot - Unlocking DeFi Features for NFTs

Released Thursday, 2nd March 2023
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WCP21 - Nick Emmons @ Upshot - Unlocking DeFi Features for NFTs

WCP21 - Nick Emmons @ Upshot - Unlocking DeFi Features for NFTs

WCP21 - Nick Emmons @ Upshot - Unlocking DeFi Features for NFTs

WCP21 - Nick Emmons @ Upshot - Unlocking DeFi Features for NFTs

Thursday, 2nd March 2023
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Did you know that you can use DeFi (decentralized finance) capabilities to unlock the full potential of your NFTs? DeFi allows you to use your NFTs as collateral for loans, trade them on decentralized exchanges, and even create liquidity pools for automatic market-making (AMM). This means that you can turn your NFTs into tradable assets and use them to access a range of financial services.

For example, using your NFT as collateral for a loan can provide you with immediate access to cash, without having to sell your NFT. You can also trade your NFT on a decentralized exchange, providing liquidity for your asset and potentially earning a profit. Creating a liquidity pool for your NFT through AMM allows you to provide liquidity to a decentralized exchange and earn a percentage of the transaction fees.

DeFi capabilities such as lending and AMM can help you unlock the full potential of your NFTs. These capabilities provide a range of financial services that allow you to use your NFTs as tradable assets and access immediate liquidity. Sounds Interesting?

In that case, this new Episode of the Web3 Creators Podcast is a MUST for you!

Today, we interview Nick Emmons,  CEO at Upshot.

Upshot.xyz provides a decentralized, community-driven, and cost-effective solution for NFT appraisals that enables accurate NFT Valuations. They also provide interesting features like GMI, which determines your "Gonna Make It" Score by analyzing your NFT trades and your abilities to pick winning NFT collections!

See you INSIDE <


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All of our videos are for educational purposes only and consist only of personal opinions. Please make sure to do your own research. Never take anything said in these videos for financial guidance.NONE of our videos ARE financial advice.

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