TribeOne x NiftyPays
We’re thrilled to announce that we’ve partnered with NiftyPays, NFT liquidity Protocol enabling lending-borrowing and staking opportunities against NFTs.
With this partnership, NiftyPays lists partners project’s NFT on their platform and provides features like NFT renting, NFT auction and purchasing partner projects NFTs. TribeOne will be providing them with easy financing options that will provide them access to these features.
1. We will provide users with our all-in-one financing products where they will get easy loans that will allow them to buy their favourite NFTs listed on the NiftyPays platform.
2. TribeOne’s lending services will enable users to have access to NiftyPays features explained below ie. NFT auction and NFT renting.
3. NiftyPays has a distinctive set of features like:
- NFT renting:
The platform will enable users to rent out their NFTs to other users who want to hold them temporarily. Users will pay the rent in $NIFTY based on an agreement between the two parties, and the platform will ensure that the NFTs are returned automatically when the rent time expires.
- NFT auction:
NiftyPays will hold an NFT auction where all new NFTs will be auctioned off as a whole with the minimal sale price being slightly higher than the loan value.
- NFT staking farm:
Staking NFTs safely with them and earn airdrops from multiple NFT partner projects listed on NiftyPays along with $NIFTY token.
“Our partnership with NiftyPays, we aim to provide easy financing options to the users and also enable them with features of NFT auction and NFT renting which are a way to transform the NFT sphere. Together we aim to grow the DeFi space. ”
-Tan Ahmad, Director of Partnership, TribeOne
“NFTs are magic. It only makes sense for two worthy magicians in NiftyPays and Tribeone to perform together. Looking forward to grow together with Tribe’s awesome team”
-Vinshu Gupta, Founder, NiftyPays
NiftyPays is an innovative and revolutionary concept, deeply and strategically brainstormed to benefit the exponentially increasing holders of NFTs, like ArcadeNetwork. The firm will not only allow NFT holders to use their NFTs as collateral or stake their idle NFTs for a desired amount of time and earn rewards from different ecosystem projects listed on the platform. The ecosystem has an intelligent gamification algorithm that calculates rewards based on the time spent by the user in the ecosystem — more time, better rewards.
TribeOne is the world’s first AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology. TribeOne is an NFT, lending, borrowing, saving, and credit risk platform that offers a seamless experience; to the users through its innovative consumer-centric products. The platform will break barriers in the traditional financial ecosystem and revolutionize the DeFi sphere as a whole. Providing the community with a platform to lend, borrow and invest in crypto assets and NFTs. Therefore, offering an unconventional experience for all.